International Journal of Management and Business Studies

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (6), pp. 001-011, June, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Full Length Research Paper

Key Drivers of Profitability in Nigeria’s Banking Sector: A Post-Consolidation Perspective

Kenny Adedapo Soyemi1, Lanre Akinpelu2 and Jumoke Omowunmi Ogunleye3

1Department of Accounting, Olabisi Onabanjo University, Ago Iwoye, Ogun State, Nigeria.
2Department of Accountancy, Federal Polytechnic, Ilaro, Ogun State, Nigeria.
3Department of Accounting, University of Lagos, Akoka, Lagos state, Nigeria.

Accepted 13 April, 2024

This paper examines factors influencing profitability among Deposits Money Banks (DMBs) in Nigeria. Five internal determinants were identified and deployed, three of these variables were found to contribute to variation of bank profitability: bank size which is measured by log of total assets, is negative and significantly related to profitability of bank; capital adequacy ratio is also negatively related to and statistically significant to variation in bank profitability. The external determinants of financial structure and macroeconomic variables adopted depict no significant influence on profitability. Our findings suggest that some banks in Nigeria may be suffering from diseconomy of scale which is as are result of inefficiencies that may be associated with large complex organizations. This study also shows that management expenses, current and saving deposit accounts variables does not have any effects on bank profitability variation.

Keywords: Profitability, Deposits Money Banks, Post-Consolidation, Nigeria.
 

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (6), pp. 001-007, June, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Full Length Research Paper

Developing and Applying Human Capital Measurement Frameworks: A Case Study Perspective

Pedro Andrade and Ana Maria Sotomayor

Higher Instiitute of Accounting and Administration of Lisbon.
Higher Instiitute of Accounting and Administration of Lisbon.

Accepted 03 April, 2024

For the American Accounting Association (AAA) the human capital accounting is the process of identifying and measuring data about human resources and communicating this information to interested parties. Will the data on the measurement of human resources that this article focuses, seeking to provide the existing measurement models, thus allowing the existence of means for making decisions, monitor the effective use of human assets and determine the value of people to organizations. Through analysis of several scientific journal articles and books in the area of accounting and management, we intend to group the various methods used in measuring human capital in order to provide the means for measuring the various users of information. On the other hand, presents a experimental case study of application of the original model of Lev and Schwartz to a service company, drawing its conclusions. The paper provides a clear integrated framework and measures of forms of human capital accounting to guide and inform future researchers.

Keywords: Human capital, human capital accounting and measurement of human capital.
 

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (6), pp. 001-013, June, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Review

Assessing the Impact of Technological Advancements on Financial Outcomes in Kenya's Small-Scale Tea Sector

*1Vicky Mobegi O, 2Simeon Kaburi N, 3Kombo A, 4David Achuti M, 5Dickonus Matoke A, 6Abunda Joshua, 7Ben Ombasa B and 8Sewe T

1-8Jomo Kenyatta University of Agriculture and Technology, Kisii CBD, Nairobi, Kenya.
*St Vincent Centre, P.O Box 115-40200 Kisii, Kenya.

Accepted 27 March, 2024

This study provides an overall picture of the role played by the small scale tea industry towards social-economic development. A case study of Kebirigo tea factory has been picked from among the 54 small scale tea factories. The tea industry has of late increasingly become the country’s greatest economic asset earning close to Kenya shillings 70 billion between 2008 and 2009; most of it in hard foreign currency (Leo Odera Omolo 2010).The small scale tea industry takes care of lives close to five million Kenyans. This study project the application of technology as part of efficient management of small scale tea industry. The agency secures finances from the financial institutions on behalf of the tea farmers. The Tea Agency (KTDA) is charged with the responsility of regulating and managing these factories. To establish an extra- modern green leaves tea processing factory required the colossal amount. The farmers contribute towards replenishment of the loan to modernize their factories. They are also subsidized with farm inputs like fertilizers, tree seedlings, technical advice, tea roads improvement and employment. Challenges faced by the industry among others include; tea harking (mang’eroto), human resource, alarming manufacturing costs and change in global technology. There were six factories in the region selected at the time of research. These factories were selected as the sample size. The study recommends the use of new technology purposely for efficient management of small scale tea industry. The study further recommends the benefits of technology need to be closely weighed against its costs. Managers will need specialized training if they are to keep pace with an ever changing technology. Part of that training should include the decision making process in a fast paced environment. The study employed a case study of method utilizing a sample out of the target population.

Keywords: social-economic, extra-modern, global technology, small-scale, Tea industry; Technological gap; Technological and attitudinal changes.
 

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (6), pp. 001-006, June, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Full Length Research Paper

Exploring Liquidity Solutions: The Potential of Derivatives in Mitigating Zimbabwe's Financial Volatility

Wilbert Chagwiza

Department of Mathematics and Applied Mathematics, University of Venda, Bag X5050, Thohoyandou 0950, South Africa.
E-mail: [email protected]

Accepted 13 March 2024

The Zimbabwean financial institutions and companies are faced with serious liquidity problems to meet their financial obligations since the inception of multi-currency system. The aim of this paper is to identify the source of current liquidity crisis and probable benefits of liquidity derivatives to ease economic liquidity problems. The Zimbabwe Stock Exchange listed OK Zimbabwe daily share price data from 19 February 2009 to 31 October 2012 was used. It has been found out that the market is the source of the current liquidity crisis. Therefore, it is strongly recommended that the ZSE should introduce the derivatives market which will ease the liquidity problems by attracting foreign investors, strengthening the monetary policy and security to would-be investors. Liquidity derivatives promote the optimization of commercial banks’ capital structure and improve profit making abilities.

Keywords: Liquidity derivatives, price velocity, price acceleration.
 

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (5), pp. 001-005, May, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Review

The Contested Terrain of Global Social Policy: Economic Liberalism Versus Social Responsibility

Abhishek Gupta

Administrative-cum-Accounts Officer and Head of Office Sardar Swaran Singh National Institute of Renewable Energy (Ministry of New and Renewablee Energy, Govt. of India) Wadala Kalan, Kapurthala-144601 (Punjab) Email: [email protected]

Accepted 03 November, 2023

Welfare of labor is an important aspect today which we cannot ignore if we want progress of our industry. It is essential to make safety and other welfare arrangements for labour. Freedom from want and security against economic fearr is the minimum that has to be secured to its people in the country. The role of International Labour Organization in certain standards of social insurance has been significant. Social security is the security that the State furnishes against the risks which an individual of small means cannot, today, stand up to by himself even in private combination with his fellows. The quest for social security and freeddom from want and distress has been the con sistent urge of man through the ages. The Government and the factory owners must fully understand the labor psychology and a change in their outlook and attitude is desired to secure the industrial peacee. Nothing should be done under threat but on a clear unnderstanding that whatever is good and is due to the labor, must be given. Industry owners should treat the workers as co-partners. Similarly, workers in the country must understand fully that if they desire to secure their due place in the industrial econom y of the country they must think more in terms of respon sibilities and duties and not interpret independence for impertinence and liberty for license. Sabotage and violence of all kinds and bitterness in thought, word and deed must be eschewed. Then alone a socialisst Democracy is possible in this country and inddustrial relations of a higher order can be maintained for the benefit of the country and the community.

Keywords: Labour welfare, Social seccurity, globalizing economy
 

International Journal of Management and Business Studies ISSN 2167-0439 Vol. 13 (5), pp. 001-017, May, 2024. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Review

Cash Wealth Optimization: Key Insights for Sustainable Growth

Riyadh Al-Abdullah, Bassam M. Abu-Abbas

Department of Accounting, College of Business Administration, University of Bahrain, P.O. B ox: 32038, Kingdom of Bahrain.

Accepted 03 April, 2021

The tendency of the most important documents related to the formulation of the o bjectives of financial reporting (statements) issued by the most influential professional accounting bodiees (AICPA, FASB and IASB) in the world reflects a bias towards the provision of accounting information funddamentally relevant to the goal of cash wealth maximizatioon. There are two assumptions; explicit and implicit. The explicit assumption is that the information neeeded to achieve the goals of all interested nonn-owners groups, the goal of management accountability and social goals can simply be satisfied by the same accounting information required for achieving thee goal of cash wealth maximization. The implic it assumption is that achieving the goal of cash wealth ma ximization would automatically lead to the attainnment of other goals. Thus, the goal of cash wealth maximiz ation is assumed to be panacea that solves all problems. This simply means that cash wealth maximizationn is the only prime goal that must be given the most priority when formulating the objectives of financiaal reporting (statements) which would lead to foorce homogeneity on what is fundamentally heterogeneous.

Keywords: Cash wealth maximization, coommon information need, management accountability, panacea, social goals.