Journal of Business School https://journalbusiness.org/index.php/journalbusiness Journal of Business School: Business Management en-US editor@journalbusiness.org (Yalçın Arslantürk, Ph.D.) info@orsamedya.com (ORSA Medya) Mon, 27 Sep 2021 11:04:20 +0000 OJS 3.3.0.5 http://blogs.law.harvard.edu/tech/rss 60 Intercultural Human Resource Management Practices and Employees’ Satisfaction in Quoted Food and Beverages MNC in Nigeria https://journalbusiness.org/index.php/journalbusiness/article/view/77 <p>This study assessed the impact of intercultural human resource management practices(Recruitment and Selection practices, Employee empowerment practice, and Compensationpractice) on employees’ satisfaction in food and beverages MNCs in Nigeria. The study adopteddescriptive survey research design. The target population comprises 6,356 staff of quoted foodand beverages MNCs in Nigeria. Taro Yamane statistical formulae was used to determine thesample size of 1,568. Purposive sampling technique was used to determine the respondentswhich included Nigerians and Other Nationals working in the quoted food and beverages MNCs.A structured survey questionnaire was adapted, validated, and used for the construct rangedbetween 0.61 and 0.93. The response rate to the 1,568 copies of the questionnaire administeredwas 74%. Data were analysed using descriptive and inferential (Student T-test of multipleregression analysis) statistics. Hypotheses were tested at 0.05 level of significance using SPSS 20.Findings revealed that, Recruitment and Selection practices, Employee empowerment practice,and Compensation practice had significant positive influence on employees’ satisfaction amongNigerians and Other Nationals in food and beverages MNCs in Nigeria (β = - .025 - .441 ; P&lt; .000; β = - .025; P&gt; .343); (β = - .124 -.514; P&lt; .000): (β = .168 - .299; P&lt; .000: β = -.15; P&gt; .566; - .225 -.246;P&lt; .000): (β = -.144 -.421; P&lt; .000; β = -.004; P&gt; .886): (β = -.105 - .456; P&lt; .000 -.001) respectively,except for power distance that had negative and insignificant influence on employees’ satisfactionamong Nigerians with respect to recruitment and selection and collectivity and individuality thathad negative and insignificant influences on employees’ satisfaction among Nigerians withrespect to compensation and employee empowerment.</p> Arogundade K. K., Alase P.O, Ajayi O. M. Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/77 Mon, 27 Sep 2021 00:00:00 +0000 Spotlight on Corporate Social Responsibility Thought in the Field of Non-Profit Public Sector Institutions: An Initiative to Promote CSR Thought in Libya https://journalbusiness.org/index.php/journalbusiness/article/view/78 <p>The poor performance of the NPPSIs in Libya, which can be described as a catastrophicperformance, is the result of the NPPSIs’ flagrant failure to adhere to their social responsibilitiestowards the Libyan community. Problem: In a developing country such as Libya, the culture ofCSR is almost completely non-existent, especially in the NPPSIs. The features of this thought arenot clear to most NPPSIs until it is adopted. Purpose: To promote the idea of social responsibilityin the NPPSIs, the features of this thought must be clearly defined and described in addition todetermining how to evaluate the extent of these NPPSIs ’commitment to their responsibility. Thisis what this study seeks to achieve. Method ″an innovative approach to reinforce the theory of CSR″:The researcher used the idea of the purpose of establishing the institution in determining thecontent of economic responsibility, as well as the idea of economic capacity in determining the typeof philanthropic responsibility. This study suggested adopting one of the concepts of managerialeconomics- which is the lost opportunity cost and economic savings, to evaluate the quality offinancial decisions, "financial transactions and deals." In order to evaluate the extent of theinstitution’s commitment to its legal and ethical responsibility, the researcher recommends theneed to adopt a method of comparison between the content of financial transactions, financial andadministrative decisions, behaviors, practices, and requirements and directives contained in locallaws, international instruments, noble human values, codes of ethics and professional conductrules. Result: Theoretically, this study was able to define the features of social responsibility forNPPSIs, along with a description of how to evaluate the social performance of these NPPSIs in alogical manner. Originality/Value: The researcher expects that this study will receive greatattention from officials in the Libyan state and leaders of the NPPSIs, as it will serve as a call topromote the idea of social responsibility in all NPPSIs. The researcher also expects the developmentof methods and procedures that can be used by departments of social performance evaluation inthe NPPSIs in Libya to keep pace with the process of promoting social responsibility idea in theseNPPSIs.</p> Younis A. Battal Saleh Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/78 Mon, 27 Sep 2021 00:00:00 +0000 Analysis of the Subjective Economic Welfare and Well-Being of Pyrethrum Farmers in Makete District; Tanzania https://journalbusiness.org/index.php/journalbusiness/article/view/79 <p>This paper made an analysis of the subjective economic welfare and well-being of pyrethrumfarmers in Makete District; Tanzania. The study employed a quantitative approach and a crosssectionalstudy design was opted. The Leyden approach was employed to analyze farmers’subjective economic welfare by posing the empirical basis of the Income Evaluation Question(IEQ) developed by Van Praag (1971). The result for the want parameter (a proxy of welfarefunction) was 13.9537 (I=eu, I=e13.937). The exponent of want parameter represented the averageincome an individual was considered insufficient (Tshs. 1,148,193/- per annum). The resultimplies that farmers needed an annual total average income of more than Tshs. 1,148,193/- forsatisfying their needs or wants. This amount is less than the annual minimum wage of Tshs.1,200,000/- (URT, 2013a). Satisfaction with life as a whole question was also employed toevaluate subjective well-being using descriptive analysis. Results show that: 57.7% and 4.1% offarmers were satisfied and very satisfied respectively with the way they lived after startingselling pyrethrum. On marketing factors, however, results reflected high dissatisfaction levels.This study recommends that agricultural produce and marketing policies for rural pyrethrumfarmers should be considered in a multidimensional strategy in a move to improving thesubjective economic welfare and well-being of pyrethrum farmers in Makete district.</p> Romanus Lucian Dimoso, Zainabu Ahmad Kwikwega Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/79 Mon, 27 Sep 2021 00:00:00 +0000 Impact of Deposit Money Banks on Poverty Reduction: A Focus on Microfinance Banks in Nigeria https://journalbusiness.org/index.php/journalbusiness/article/view/80 <p>This paper investigates the impact of Deposit Money Banks (DMBs) on poverty reduction; a focuson microfinance banks in Nigeria from 1990 - 2019. The co-integration test is conducted usingBound Test and Autoregressive Distributed Lag (ARDL) model which are employed for theanalyses. From the study, the current period of loans from microfinance banks and one periodlag of interest rate have positive and significant impact on poverty level. Current period of accessto microfinance banks and current period of interest rate have positive but insignificant impacton the poverty level. One period lag of access to microfinance banks and current period ofdeposits liabilities of microfinance banks have negative and insignificant impact on poverty level.</p> Fapetu O., Adewale E. Adegoriola, Azeez Bolanle A. Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/80 Mon, 27 Sep 2021 00:00:00 +0000 Evaluating Online Recruitment and Organisational Effectiveness in Modern Competitive Environment https://journalbusiness.org/index.php/journalbusiness/article/view/81 <p>The study evaluated online recruitment and organisational effectiveness with reference tomodern competitive environment in Nigeria. The study was carried out in Access banks andGuarantee Trust Bank in Ado-Ekiti. A descriptive survey research design was embraced and thesample size was 80 using simple random sampling. Primary data used for the study weregathered through the administration of structured questionnaire. Data gathered were analyzedusing standardized linear regression analysis. The result showed that online recruitmentsignificantly affect organisational effectiveness (t= 3.376, p&lt;0.05). Thus, in conclusion, it wasshown that online recruitment was significantly and positively related to organisationaleffectiveness in modern competitive environment in Ado-Ekiti.</p> OGUNDIPE Christie Folake, BANKOLE Oluwole Adeniyi, ARIBIKOLASI Olukunle Samuel Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/81 Mon, 27 Sep 2021 00:00:00 +0000 The Composite Effects of Monetary Policy on Bank Lending and Nigeria Economic Performance: Further Empirical Evidence https://journalbusiness.org/index.php/journalbusiness/article/view/82 <p>The study investigates the composite effects of monetary policy on bank lending and Nigeriaeconomic performance: Using the Unrestricted SVAR approach for the period of 35 years whichcover 1986-2020 The study addressed broad money supply, monetary policy rate, aggregatelending to private and public sectors, exchange rate and inflation rate as monetary policyindicators while real gross domestic product was regressed as economic performance. This studyadopts secondary data sourced from Central bank of Nigeria and National Bureau of statistics.The econometric approach was carried out on aforementioned Macroeconomic variables usingdescriptive analysis, correlation analysis and econometric modelling of structural VAR inevaluating and analysing the composite effects of monetary policy on banks’ lending and itseffects on Nigeria economic performance. The estimation techniques of Augmented Dickey Fuller(ADF) stationarity test was also applied on the macroeconomic variables. The result of findingsfrom structural VAR discovered that monetary policies on banks’ lending and economicperformance were significantly correlated. Individually, the result revealed that money supply,monetary policy rate, exchange rate, and bank lending have positive and significant effect oneconomic performance while inflation had negative but insignificant effect on economicperformance. The findings outcome reveals that MPR and BL are the major factors that permeateeconomic performance this implies that monetary policy rate and lending to private and publicsectors exerts meaningful influence on economic performance in Nigeria. The negative trend ofinflation is thereby sending bad signals to investors. Hitherto, the rate of inflation and exchangeis always on the increase. Government is implored to put forward proactive measures andprogrammes that can significantly bring down the increasing exchange rate and inflation ratewhich has sent many investors away from doing business in Nigeria.</p> Samuel Oluwapelumi Olofınlade, Bolanle Aminat Azeez Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/82 Mon, 27 Sep 2021 00:00:00 +0000 Burn-Out Syndrome and Vocational Commitment: A Conceptual Study on Pre-School Teachers https://journalbusiness.org/index.php/journalbusiness/article/view/83 <p>In the present-day work environment, burn-out syndrome and vocational commitment are among theconcepts that have begun to attract the attention of many scholars not only in the field of managementbut also in other fields such as education as well. The main reason for the very popularity of these twoconcepts can be put down to the work settings or environment requiring more and more humaninteraction. Especially, in the service sector, where human to human interaction is in its summit, theconcepts of burn-out and vocational commitment gained more and more popularity. On the other hand,there is no doubt that pre-schooling occupies the most important phase of development in people’s life.Ranging from the cognitive to motor skills, pre-schooling is for sure the indispensable part of anacademic life of any given person. The labour and service intensive structure of pre-schooling period,especially from the perspective of teachers, brings the interaction to the fore and at this very point inorder to sustain effectiveness and efficiency of the service-providers; that is, teachers, the two conceptunder consideration deserve a closer approach in terms of the relation of teaching. This in mind, themain objective of this study is to shed light on the concepts of burn-out and vocational commitment andthen to examine the relation of the concepts with specific reference to pre-school teachers.</p> Fatma (Kavşut) Arslantürk Copyright (c) 2021 https://creativecommons.org/licenses/by-nd/4.0 https://journalbusiness.org/index.php/journalbusiness/article/view/83 Mon, 27 Sep 2021 00:00:00 +0000