Category Archives: 2018 Journals

CONTENTS

CONTENTS

Technical Skills a Panacea to Entrepreneurial Development for Effective Small and Medium Enterprises: A Study of Makarfi and Ikara Local Governments

Sani Hussani Gimi ¹ & Sanusi Lawal……………………………………………………….1

Effect of Corporate Tax on Profitability of Business Organizations in Nigeria

Nnubia, Innocent Chukwuebuka & Okolo, Marvis Ndu…………………………………14

Pursuing Sustainable Economic Growth and Prosperity in Nigeria-The Role of Monetary Policy Impulses

Angbas, Jonathan Avreson; Abdulahi, Ahmed & Nimvyap, Nanfa……………………………24

Understanding Strategic Management, Strategic Planning and Steps in the Strategic Planning Process for a Competitive Advantage in today’s Business Organisations

Kwaghgba Wuese…………………………………………………………………………….34

Managing Education Towards Enhancing Understanding: Top management perspectives

Magaji Adamu Abubakar; Ibrahim Audu & Mukhtar Baba……………………………..43

Management of Collective Agreement and Joint Consultation in Nigerian Labour Relations

Marythecla Igono…………………………………………………………………………….52

Corporate Social Responsibility and Employees’ Commitment in ExxonMobil Nig Plc, Eket, Akwa Ibom State

Ubong A. Akpaetor & Madubukie E. Soludo…………………………………………..58

Mismanagement and Underdevelopment in Nigeria: Sustainable Management Perspective

John Nkeobuna Nnah Ugoani………………………………………………………………71

Role of Credit Default Swaps (CDSs) and the Nigeria Economy: Re-Examination of Osuoha Needs of Derivatives Market in Nigeria

Sani Hussaini Gimi & Sanusi Lawal………………………………………………………89

Impact of Strategic Planning on Organizational Performance of University of Uyo

Efi, Anietie E.¹, Udofia, Ndianabasi S.² & Imagha, Orok A……………………………..94

Exploring the Roles of Business and Government in the Society

Kuye, O.L. and Abiola-Ale, O.A…………………………………………………………..111

Technical Skills a Panacea to Entrepreneurial Development for Effective Small and Medium Enterprises: A Study of Makarfi and Ikara Local Governments

Sani Hussani Gimi ¹ & Sanusi Lawal²

Department of Business Administration,

Faculty of Management and Social Sciences,

Federal University, Gusau

Email: sanigimi@gmail.com & lawalsan@yahoo.com

 Abstract: Even through, there are many research work on entrepreneurial skills on the growth of small and median size enterprises with large number of support, but yet only few of  their research was on makarfi and Ikara local governments areas. The study administered (30) questionnaires for data collection on the two study areas by using random sampling distribution, regression analysis was employed to determine the relationship between the dependent variable of SMEs growth and independent variable of entrepreneur’s  technical skills and hypothesis testing. The result shows that Technical skills have significant effect on SMEs Growth of the two local government areas at 0.05 level of significant and the contribution of the variability is 53.5% from the regression result. It is therefore, recommended that Government should provide urgent financial support to boost entrepreneur skills and training. Findings revealed favorable influence between entrepreneur skills and growth.

Keywords: entrepreneur, Entrepreneurial Growth, Technical Skills, Small and Medium enterprise

Effect of Corporate Tax on Profitability of Business Organizations in Nigeria

Nnubia, Innocent Chukwuebuka & Okolo, Marvis Ndu

Department of Accountancy, Chukwuemeka Odumegwu Ojukwu University, Igbariam Campus

Department of Accountancy, University of Nigeria, Enugu Campus, , Nigeria

Email: nnubiae@yahoo.com & marvisokolo@yahoo.com

ABSTRACT: The study investigates the effect of corporate tax on profitability of business organizations in Nigeria from 2011-2015. The study has three specific objectives to achieve, three research questions that guided the study and three hypotheses were formulated. The study used ex-post facto research design. Five banks were selected from the Nigerian Stock Exchange (NSE). Ordinary Least Square (OLS) stated in the form of multiple regressions was used to analyze the data collected. The study revealed that for the Nigerian listed banks, the three explanatory variables have positive significant effect on the dependent variables – Return on Assets and Return on Equity (Profitability). That is, (i) Marginal Tax Rate (MTA) has a strong positive effect on profitability, (ii) the more the Effective Tax Rate (ETR) increases the better the profitability of quoted banks in Nigeria, and (iii) the more Average Tax Rate (ATR), the higher the possibility of better profitability of the listed banks in Nigeria. The study, therefore, recommends that in carrying out tax decision, banks must deploy and properly measure effect of variables like marginal tax rate, effective tax rate and average tax rate on profitability (ROA and ROE) of the firms.

Keywords: Marginal Tax Rate, Effective Tax Rate, Average Tax Rate, Profitability.

Pursuing Sustainable Economic Growth and Prosperity in Nigeria-The Role of Monetary Policy Impulses

Angbas, Jonathan Avreson; Abdulahi, Ahmed & Nimvyap, Nanfa

Department of Economics

Plateau State University, Bokkos

Email: avrenab@yahoo.comABSTRACT: The focus of the paper is to examine the impact of monetary impulse on economic growth in Nigeria using an economic model by proxing the variables of monetary policy instruments to include: Money Supply (MS), Exchange Rate (ER), Interest Rate (IR), and Liquidity Ratio (LR).  From our result, two variables (money supply and liquidity ratio) had a positive but fairly insignificant impact on economic growth. Measures of interest rate(-0.65) and exchange rate (-15.77) on the other hand, had a negative but highly significant impact on economic growth which supports the assertion by Busari et al. (2002) that monetary policies are better suited when they are used in targeting inflation rather than in stimulating growth. This is especially so in a developing economy such as Nigeria where the capital market is weak in generating the right impulses to stimulate growth. The policy implication of these findings is that more strategies need to be put in place in order to ensure that monetary and fiscal policies taken jointly positively impacts on economic growth in both the short and long run. The emphasis of monetary authorities should be developing a robust capital market that can provide long term capital to finance growth and development. The study recommends that partial autonomy should be replaced with full autonomy for the central banks in Nigeria which is often subjected to government interference and its politics. Finally, monetary policies should be used to create a favorable investment climate by facilitating the emergency of market based interest rate and exchange rate regimes that attract both domestic and foreign investments

Understanding Strategic Management, Strategic Planning and Steps in the Strategic Planning Process for a Competitive Advantage in today’s Business Organisations

Kwaghgba Wuese

Sports Management

Bereau of Sports and Youth Development, Headquarters, Makurdi

Email: kwaghgbawuese@gmail.comAbstract: In any human organisations, particularly business and public organisations there are risks and uncertainties which no manager, no matter how well experienced or informed require planning which is the most important function of management. Without its dynamism its goals cannot be achieved. In this paper, the purpose is to create an understanding about strategies, a system of thought which will help to accomplish defined and desired goals that will be put in place for the manager towards the greater openness in the political and economic environment requiring different set of perspectives to attain constancy in performance in the competitive work organisation, both public and private. At the onset, the paper points out the drilling down to uncover a company’s core objectives which have several phases.  First, assessing the landscape within which the company will operate and formulation of its roles within that landscape. This is commonly called mission statement. Also establishing objectives to answer some unmet needs, taking both long and short term view of what the organisation can offer. This is known as vision statements, usually in terms of financial and strategic objectives. These are the initial actions that follow strategic plans upon which the writer explicitly explained in this work, which are mainly strategic management, strategic planning and the steps in the strategic planning process. In conclusion, the advantages of available information to create best possible plans, the distinction between strategic management and planning rests primarily on whether one gets to the end of the process or the emphasis are put on particular part of the process. It was therefore recommended that, emphasis on the literature which is mostly devoted to private sector be shifted to the public sector which overtime has failed as a result of strategic management and strategic planning to avert the resultant failure in government institutions

Managing Education Towards Enhancing Understanding: Top management perspectives

Magaji Adamu Abubakar⃰; Ibrahim Audu^† & Mukhtar Baba^†

^*Department of Business Administration, Federal University Dutse

⁺Department of Accounting and Business Administration, Federal University of Kashere

Email: magajiaa@fud.edu.ng

ABSTRACT: Administrators have accepted education as a bridge to a better life. It is not yet nirvana for the Nigerian nation despite a century of attempts to refocus education to its traditional purposes. The sight of expatriates managing construction sites for mundane structures as culverts is an irksome common occurrence. Yet the local extant literature is mute on the situation. This paper empirically though perfunctorily proffers an advocacy for management options towards enhancing understanding as the driver to the achievement of schools attendance purposes; as has been settled elsewhere on the globe. This, it is hoped, would reawaken scholarly interests on achieving schooling purpose. The commentary method of analysis was employed and it surmised that constant tinkering with educational policies to accommodate political agenda as the bane of accurate educational purpose in Nigeria. It is a major tool of abridging the present with a future. It is therefore recommended for a fresher and narrower refocusing of educational policies and objectives of educational administrators. 

Keywords: Management, Schooling purpose, Understanding, Nigeria.

Management of Collective Agreement and Joint Consultation in Nigerian Labour Relations

Marythecla Igono

Department of Business Education

School of Vocational Education

Umar Suleiman College of Education Gashua

Email: igonomarythecla@yahoo.com

ABSTRACT: In every organization, there are targets to be met. To achieve this target, the management has to bring in certain levels of control on organizational resources, fundamentally the human resources (Chiekezie et al., 2009: 132). This control which is intended to impact positively on organizational behavior can at times be viewed from a negative light and can be a source of tension between workers and their managers especially when it affects workers’ welfare. In fact, it has been shown by Bohlander (1984: 95) that“employees unionize because of economic needs, because of general dissatisfaction with managerial policies and practices, and/or as a way to fulfill social and status needs”. Whatever the source of the tension between workers and management, this tension is often ameliorated by a certain kind of negotiated social partnership known as Labor Relations. These relations give rise to a comprehensive system of cooperation between employees, managers and government. The concepts of collective agreement, grievances and joint consultation are hence, core concepts in understanding labor relations. This position paper seeks to define and explore these concepts as they connect to workers/management interactions with a view to elucidating manners of managing collective agreement and joint consultation in Labor relations.