African Journal of Economic and Management Studies最新文献_第5页

Understanding generational differences for financial inclusion in Kenya 了解肯尼亚金融包容性的代际差异

IF 1.3

African Journal of Economic and Management Studies Pub Date : 2023-11-17 DOI: 10.1108/ajems-09-2022-0391

Lilian Korir, Dieu Hack-Polay

{"title":"Understanding generational differences for financial inclusion in Kenya","authors":"Lilian Korir, Dieu Hack-Polay","doi":"10.1108/ajems-09-2022-0391","DOIUrl":"https://doi.org/10.1108/ajems-09-2022-0391","url":null,"abstract":"<h3>Purpose</h3>\u0000<p> The purpose of this paper is to estimate the effect the five different generations and the key financial inclusion indicators of gender, education and location (rural–urban) in exacerbating disparities in financial inclusion in Kenya. This paper considers whether the five generational cohort groups in Kenya differ on the financial inclusion determinants and behaviour as predicted by common generational stereotypes.</p>\u0000<h3>Design/methodology/approach</h3>\u0000<p> The authors applied a multinomial logistic regression approach to nationally representative household survey data from Kenya to estimate the effect that key financial inclusion indicators have on belonging to one of the five generations: Z, Y, X, baby boomers and traditionalists.</p>\u0000<h3>Findings</h3>\u0000<p> The authors found significant links between all tested variables and financial inclusion. The authors found an access gap between Generations X and Y, with the latter being more prone to access and use financial services and products. These differences are compounded by gender and rurality. People in rural locations and women generally were found to have less access to financial services and products, thus causing significant exclusion of a large proportion of the population.</p>\u0000<h3>Practical implications</h3>\u0000<p> The research has important implications for governments, financial institutions and educational providers, notably on targeted policies and programmes that strategically aim to eliminate disparities and promote greater financial inclusion, denoting the value of such variables as generational differences and gender inclusivity.</p>\u0000<h3>Originality/value</h3>\u0000<p> This paper deepens the understanding of differences that can divide generations on financial inclusion.</p>","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2023-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138540727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Book review: How to succeed as an entrepreneur in Africa: a practical guide and cases 书评:《如何在非洲成功创业:实用指南与案例》

African Journal of Economic and Management Studies Pub Date : 2023-11-14 DOI: 10.1108/ajems-09-2023-579

Nnamdi O. Madichie

引用次数: 0

What happens after product rebranding: understanding the interrelational effect of brand attachment, brand distinctiveness and consumer attitudes on brand loyalty 产品品牌重塑后会发生什么:了解品牌依恋、品牌独特性和消费者态度对品牌忠诚度的相互关系效应

African Journal of Economic and Management Studies Pub Date : 2023-11-07 DOI: 10.1108/ajems-06-2023-0216

Isaac Mensah, Yaw Brew

{"title":"What happens after product rebranding: understanding the interrelational effect of brand attachment, brand distinctiveness and consumer attitudes on brand loyalty","authors":"Isaac Mensah, Yaw Brew","doi":"10.1108/ajems-06-2023-0216","DOIUrl":"https://doi.org/10.1108/ajems-06-2023-0216","url":null,"abstract":"Purpose Product rebranding is increasingly popular, but brand managers are sceptical about its implications on brand loyalty (BL). Given the limited empirical literature on the subject, this study examines the interrelational effect of brand attachment (BA), brand distinctiveness (BD) and consumer attitudes (CA) towards product rebranding on brand loyalty (BL). Design/methodology/approach The study adopted the quantitative survey design and used questionnaire to gather data from 349 consumers of rebranded water, alcoholic and non-alcoholic beverages. Structural equation modelling was used to analyse the data. This study integrates psychology theories into brand management research to propose and test a holistic model. Findings The study found a significant effect of BA on CA toward product rebranding, and CA toward product rebranding fully mediates the relationship between BA and BL. Furthermore, BD has a significant effect on BL, and further moderates the relationship between BA and BL. Originality/value This study offers a fresh theoretical foundation, conceptual clarity and understanding of how rebranding specific brand elements affect the attitudes and BL of consumers who are emotionally connected to a brand. This paper offers practical insights into the implication of product rebranding on CA, BD and BL. It reveals a holistic guidance to brand managers on how to use their unique knowledge about their consumers to create distinctive brands and emotional affection, passion and connections to their brands.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135476015","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Foreign bank presence and inclusive growth in Africa: the moderating role of financial development 外资银行在非洲的存在与包容性增长:金融发展的调节作用

African Journal of Economic and Management Studies Pub Date : 2023-11-06 DOI: 10.1108/ajems-11-2022-0444

Khadijah Iddrisu, Joshua Yindenaba Abor, Thadious Kannyiri Banyen

引用次数: 0

Agricultural loan pricing by banks in Ghana: a panel data analysis 加纳银行农业贷款定价:面板数据分析

African Journal of Economic and Management Studies Pub Date : 2023-10-13 DOI: 10.1108/ajems-12-2022-0504

Raymond K. Dziwornu, Eric B. Yiadom, Sampson B. Narteh-yoe

{"title":"Agricultural loan pricing by banks in Ghana: a panel data analysis","authors":"Raymond K. Dziwornu, Eric B. Yiadom, Sampson B. Narteh-yoe","doi":"10.1108/ajems-12-2022-0504","DOIUrl":"https://doi.org/10.1108/ajems-12-2022-0504","url":null,"abstract":"Purpose The cost of agricultural loans is a major constraint to the growth of the agriculture sector. This paper examines agricultural loan pricing by banks in Ghana using panel data analysis. Design/methodology/approach Data were obtained from audited financial reports of 15 agricultural loan lending banks from 2010 to 2017. The study applies the random-effect model and the fixed-effect model in the analysis and uses the system generalized system method of moment to check the robustness of the results from the baseline models. Findings The study found that agricultural loan pricing by banks is significantly influenced by risk premium, cost of funds, loan impairment, agricultural growth rate and food inflation. Banks should leverage emerging technologies to de-risk agriculture loan pricing to allay the fear of default. Farmers should look for long-term and relatively cheaper funds to support agricultural loans. Increasing credit to the agricultural sector could increase output, thereby reducing food inflation uncertainty for competitive pricing of agricultural loans. Originality/value Agriculture employs about 52% of Ghana's labor force, contributing about 20% to GDP. But it is “under” financed. This study leads the way in unraveling the factors accounting for the high prices of agricultural loans in Ghana. This study further contributes to policy development toward increasing credit to the agricultural sector.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135853109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Non-linearity in the Phillips curve: evidence from Nigeria 菲利普斯曲线的非线性:来自尼日利亚的证据

African Journal of Economic and Management Studies Pub Date : 2023-09-29 DOI: 10.1108/ajems-10-2022-0418

Olufemi Gbenga Onatunji, Oluwayemisi Kadijat Adeleke, Akintoye Victor Adejumo

引用次数: 0

State-business relations for entrepreneurial takeoff in Africa: institutional analysis 非洲企业起飞的国商关系:制度分析

African Journal of Economic and Management Studies Pub Date : 2023-09-27 DOI: 10.1108/ajems-10-2022-0402

Farhad Hossain, Aminu Mamman, Emmanuel Yeboah-Assiamah, Christopher J. Rees

{"title":"State-business relations for entrepreneurial takeoff in Africa: institutional analysis","authors":"Farhad Hossain, Aminu Mamman, Emmanuel Yeboah-Assiamah, Christopher J. Rees","doi":"10.1108/ajems-10-2022-0402","DOIUrl":"https://doi.org/10.1108/ajems-10-2022-0402","url":null,"abstract":"Purpose Reports and experiences suggest that several developing African economies are faced with entrepreneurial-impeding forces such as lengthy bureaucratic processes and poor regulatory space. The study examines a general trend in “doing business performance” among selected African countries and uses the case of Ghana to explore how particular indicators or forces affect the development and deployment of small and medium-sized enterprise (SME) policies. Design/methodology/approach Comparative analysis of six African economies on their ease of doing business score. This is followed by a critical review of the literature to develop a six-point explanatory framework to explore the relative position of the six countries on the ease of doing business scores. Using Ghana as a critical case study, the authors deploy an in-depth case study analysis via in-depth interviews of relevant stakeholders to validate the information from secondary sources. Findings The study observes that the nature of leadership, socio-cultural imperatives, economic structure and policy and the role of domestic institutional players and international players have implications for the extent to which the state creates an enabling environment for SMEs and entrepreneurial activities. The role of supportive cultural software that will help drive SME and entrepreneurial growth has been established. The study contends that different aspects of national culture do have implications for the tendency for people to be business-minded or to have the ability to take risks. The demand and supply sides are crucial in promoting SME growth. Originality/value The study develops a framework that helps explore elements to help explain ease of doing business scores and the viability of SMEs in Africa. These elements were validated through qualitative interviews as well.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135535812","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Internal control mechanisms and financial performance of Ghanaian banks: the moderating role of corporate governance 加纳银行内部控制机制与财务绩效:公司治理的调节作用

African Journal of Economic and Management Studies Pub Date : 2023-09-27 DOI: 10.1108/ajems-03-2023-0101

Clement Oppong, Abukari Salifu Atchulo, Achille Dargaud Fofack, Daniel Elorm Afonope

{"title":"Internal control mechanisms and financial performance of Ghanaian banks: the moderating role of corporate governance","authors":"Clement Oppong, Abukari Salifu Atchulo, Achille Dargaud Fofack, Daniel Elorm Afonope","doi":"10.1108/ajems-03-2023-0101","DOIUrl":"https://doi.org/10.1108/ajems-03-2023-0101","url":null,"abstract":"Purpose This study aims to evaluate the moderating impact of corporate governance on the relationship between internal control mechanisms and financial performance. Design/methodology/approach The study employs a structured questionnaire to collect data from 250 top managers of rural banks in the capital of Ghana. Cronbach alpha value and Fornell-Larcker tests were performed to assess the reliability and validity of the data used. The study adopted a partial least square structural equation model (PLS-SEM). Findings The results show that internal control and corporate governance both have a direct positive and significant impact on financial performance. Furthermore, the interaction of internal control and corporate governance also has a positive and significant impact on financial performance, thus confirming the moderating role of corporate governance in the relationship between internal control mechanisms and financial performance. Practical implications This implies that organizations need to strengthen their corporate governance procedures to increase the efficiency of their internal control systems, which would ultimately lead to an improvement in their financial performance. Originality/value The present study innovates by assessing the moderating role of corporate governance in the nexus between internal control mechanisms and financial performance. This moderating effect assessment implies that corporate governance may not only affect the technical implementation of the internal control structures but will subsequently make an impact on the overall performance of the organization.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135537015","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Mitigating the impact of a pandemic: a time-varying-parameter structural VAR (TVP-SVAR) and time-varying granger causality estimations 减轻大流行的影响:时变参数结构VAR (TVP-SVAR)和时变格兰杰因果关系估计

African Journal of Economic and Management Studies Pub Date : 2023-09-21 DOI: 10.1108/ajems-05-2023-0179

Olumide O. Olaoye, Mulatu F. Zerihun

{"title":"Mitigating the impact of a pandemic: a time-varying-parameter structural VAR (TVP-SVAR) and time-varying granger causality estimations","authors":"Olumide O. Olaoye, Mulatu F. Zerihun","doi":"10.1108/ajems-05-2023-0179","DOIUrl":"https://doi.org/10.1108/ajems-05-2023-0179","url":null,"abstract":"Purpose The study investigates the effectiveness of government policies to mitigate the impact of a pandemic. The study adopts the small open economy of Nigeria for the following reasons. First, Nigeria is the largest economy in SSA. Second, Nigeria was also significantly impacted by the COVID-19 pandemic. Design/methodology/approach The study employed the time-varying structural autoregressive (TVSVAR) model to control for the potential asymmetry in fiscal variables and to control for the shift in the structural shift, following a macroeconomic shock. As a form of robustness, the study also implements the time-varying Granger causality to formally assess the temporal instability of the variable of interest. Findings The results show that an oil price shock is an important source of macroeconomic instability in Nigeria. Importantly, the results indicate that the effects of fiscal policy are strongly time varying. Specifically, the results show that fiscal policy helps to stabilize the economy, (i.e. they help to reduce inflation and spur output growth) following macroeconomic shock. Further, the Granger test shows that fiscal policy helped to spur growth in Nigeria. The research and policy implications are discussed. Originality/value The study accounts for the time-varying effects of fiscal policy.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136152612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The effect of corporate reputation on customer loyalty in the Ghanaian banking industry: the role of country-of-origin 加纳银行业企业声誉对客户忠诚度的影响:原产国的作用

African Journal of Economic and Management Studies Pub Date : 2023-09-12 DOI: 10.1108/ajems-12-2022-0492

Deli Dotse Gli, Ernest Yaw Tweneboah-Koduah, Raphael Odoom, Prince Kodua

{"title":"The effect of corporate reputation on customer loyalty in the Ghanaian banking industry: the role of country-of-origin","authors":"Deli Dotse Gli, Ernest Yaw Tweneboah-Koduah, Raphael Odoom, Prince Kodua","doi":"10.1108/ajems-12-2022-0492","DOIUrl":"https://doi.org/10.1108/ajems-12-2022-0492","url":null,"abstract":"Purpose Customer loyalty is of growing interest to many service firms due to the many tangible and intangible benefits it offers them. However, building customer loyalty is challenging for many service firms. This study aims to examine the impact of corporate reputation on customer loyalty. It also assesses the moderating role of the firm's country of origin in this relationship. Design/methodology/approach Survey research design was used to collect data from 367 universal banks' customers. Data were analysed using structural equation modelling. Findings The findings shed light on several crucial aspects of corporate reputation that influence customer loyalty. Specifically, signals of corporate social responsibility, corporate credibility, product attributes and relationship marketing were found to have a substantial impact on customer loyalty. Additionally, the study uncovers a noteworthy insight that the firm's country of origin plays a moderating role in the relationship between corporate reputation and customer loyalty, particularly in the context of the banking sector. Originality/value This research stands out due to its utilisation of signalling theory, making it one of the pioneering works in the bank brand management literature. It presents a comprehensive corporate reputation framework and its profound implications for customer loyalty. Furthermore, the study underscores the significance of considering the strength of the country-of-origin effect in shaping customer loyalty relationships.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135824709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0