Category Archives: 4International Journal of Management Studies, Business and Entrepreneurship Research 2019

A Review of Factors Affecting Family Business Succession (FBS) and Generational Transfer

NkasI, E. Ernest
Department of Accountancy
School of General Studies and Management Technology
Federal Polytechnic, Bali, P.M.B 05 Bali, Taraba

ABSTRACT:

This paper focuses on a review of factors affecting family business succession and generational transfer. Family business is one of the special group issues that contributes substantially to the economic growth and development of any economic nation. Thus, the objective of this study is to identify factors/challenges affecting family businesses and generational transfer. Succession in family businesses has been a key challenge especially the issue of intergenerational transfer. Some theories that explains why family business choose certain sources of financing would be highlighted as well. This paper adopts a thorough literature search linking family businesses and transitional succession from past research. The major findings of this study reveals that, only 30% family businesses survived into the second generation whilst 15% survived into the third generation. The paper recommends that, family business succession plans should be put in place One of the limitations or implications of this paper is that, lack of good coordination and working relationship among the family kinsmen has negative effect on family business transitions and this leads to poor business performance and conflict amongst family successor. However, the outcome of this paper would assist family businesses to put in place plans for successful and smooth generational transfer of the family business.Keywords: family business, succession, generational transfer & transition processes

An Analysis of the Malthusian Population Theory and its Prevalence in the Nigerian Society

Effiong, Ubong Edem
University of Uyo, Uyo

ABSTRACT:

This paper investigates the relevance of the Malthusian population theory and its prevalence in the Nigeria society. In its unique way, the paper tilt it weights towards looking at how the positive checks (war, disease, famine, starvation) and preventive checks (sterility, abstinence, birth control) gains weight in the Nigeria society. It was revealed that the predictions of the Malthusian population theory are quite prevalent in Nigeria especially in both the positive and preventive checks. The Nigeria society has
experienced outbreak of diseases such as Ebola, Bird flu and HIV/AIDS. Similarly, the study also reveals that there has been knowledge and application of birth control measures in the country such as the use of
contraceptives – both modern and traditional, as well as the use of condoms and pills. However, the feature that population grows in a geometric progression is not valid in Nigeria as the country’s population has been growing by 3.25%. The paper also reveals that there is a fairly positive correlation (0.46) between population and food importation in Nigeria. It was recommended that there should be improvement of the social/human welfare of the people and population related policies to promote growth in national output as population increases. Such policies include food subsidizing, employment generation, and public health provision. Keywords: Population; Theory; Positive Checks; Preventive Checks; Means of Subsistence; Population Growth. JEL Classifications: B12; B31; J11; J13

Forensic Accounting as Tool to Confronting Economic and Financial Crimes in Nigeria

Ani Thomas Maduabuchi
Department of Accounting Education
Atcoi College of Education, Enugu

ABSTRACT:

The increasing rate of economic and financial crimes in Nigerian economy has made corporate organizations to develop means of facing these challenges with the use of forensic accounting services. The objective of this study is to discuss how forensic accounting can facilitate the blockage to economic and financial crimes in Nigeria. The research utilized mainly secondary data sources adopted content analysis of various library materials and internet sources. There has been a dramatic increase in financial crime across the globe especially in developing economies. The
researchers consider forensic accounting as instrument to combat economic and financial crime in Nigeria. This can be achieved through functional consistency use of the anti-graft agencies to curb perpetrators of crimes. Crimes classified as economic and financial remain major problem facing the Nigeria’s economy and the citizenries and many believe that forensic accounting is the only panacea in Nigeria. we recommend that the Nigerian Accounting Association which comprises of Institute of Chartered Accountants of Nigeria and Association of National Accountants of Nigeria should as well as charted institute of forensic and investigation auditors and recruit them at the strategic positions. In addition, the government should stimulate interest in forensic accounting for monitoring and investigation of suspected corruption cases.
Keywords: Forensic accounting; Economic and financial crimes; Nigeria

Stress Management and Performance of Office Employees: A Survey Money Deposit Banks in Port Harcourt Metropolis

Mary Amadi; Joyce Oteyi & Nweke Emmanuel Onyekachi
Department of Educational Management
Ignatius Ajuru University of Education, Rumuolumeni Rivers State
Email: maryamadi222@gmail.com

ABSTRACT

Stress Management as a Restructuring Technique for Business Development and Performance of Office Workers: A Survey of Ecobank branches in Port Harcourt Metropolis. It studied a population size 100 staffing each of the five branches of Ecobank, Rumuola Road, GT Bank, Location Junction, UBA, Rumuokwuta, Fidelity Rumuokwuta, First Bank Plc Rumuola branches. A sample size of 20 representing 5% of the total population of 100 was studied adopting the purposive sampling technique. Three research questions and three null hypotheses were raised. The hypotheses were tested using Chi-square statistical tool. The research findings showed, Ho1, that there is a significant relationship between work rigidity and performance of office workers in business organization in Rivers State. Ho2 there is a there is significant relationship between work load and performance of business office workers in business organizations in Port Harcourt Metropolis. Ho3, there is no significant between health issues resulting from stress and performance of business office workers in business organizations in Port Harcourt Metropolis. Findings were reached and recommendations were made based on the findings; Office workers should from time to time identify when stress has set in and improvise very personal methods to handle it. Management should manage the work load of office workers in the business office and allow them holiday break for
relaxation and recreation from time to time. Management should provide free medical facilities to allow business office workers do free medical checkups from time to time. Business office workers who break down under duty should be given free medical attention.
Keywords: Stress, work-load, health, restructuring, business organization, development.

Inter-Religious and Inter-Ethnic Co-Existence in Nigeria: Reflections and Policy Options

Abdur-rahman Olalekan Olayiwola
Department of Political Science
Lagos State University, Ojo, Lagos
Email: nusramurana@yahoo.co.uk

ABSTRACT

Religion remains enormously influential in the construction and mobilization of collective identities. In the same vein, ethnicity seeks to influence the structure of power in a country and calls attention to perceived deteriorating material conditions, political deprivation or marginalization of its groups. Religion could serve, and has indeed served as an instrument of social harmony. Ethnicity could also serve, and has indeed served as a uniting and integrating weapon in deeply heterogeneous, plural, federal and divided societies to supplement and complement “unity in diversity”. Paradoxically, however, religion and ethnicity have also served as motivations for violence, conflicts, insurgency and counter insurgency. This is the situation in Nigeria, where it has been a problematic problem to achieve inter-religious and inter-ethnic peaceful coexistence. Nigeria’s return to democratic rule in 1999 has contributed to a noticeable upsurge in religious,ethnic and communal conflicts. What factors are responsible for inter-religious and inter-ethnic conflicts in
Nigeria? What warning signs can be identified to prevent and/or curb inter-religious and inter-ethnic conflicts? What changes are necessary and desirable with the present situation to avoid disintegration and
fragmentation being threatened by religious and ethnic conflicts as Nigeria approaches another attempt at democratic rule consolidation in socio-economic and political conditions which are less propitious than on past
occasions since independence. This paper on inter-religious and inter-ethnic co-existence in Nigeria: Reflections and Policy Options, attempts to provide some answers within the limitations to which the author
is exposed. Keywords: Religion, Ethnicity, Conflicts, Violence, Unity, National integration, Inter-religious coexistence,Inter-ethnic co-existence

Assessment of Important Tools for Enhancement of Entrepreneurial Ability in Nigeria

1Ihenketu Christopher, 1Ekwueme, E., & 2 Iwudibiah Chidi Charle
1 Department of Building Technology Akanu Ibiam Federal Polytechnic, Unwana
2 Department of Building Technology Imo State Polytechnic, Umuagwo
Email: xtopherihe@gmail.com
ABSTRACT
The research assessed some of the important tools for entrepreneur’s growth in Nigeria and ways they can
be explored by entrepreneurs to enhance economic growth in the study area. Two hundred respondents were
used as sample for the study. Rank, standard deviation and mean were employed to answer the research
question raised for the study. Any item with mean 2.50 and above was considered as ways the tools
influences entrepreneurs growth. Pearson Product Moment Correlation Coefficient at 0.05 level of
significant was employed to test the only hypothesis of the study. The findings indicate that the Ho should
be accepted since correlation calculated is less than correlation tabulated. Collaborations and effective
teamwork/synergy should exist between entrepreneurs through constant trainings, seminars, and workshops
on tools for entrepreneurship growth.
Key words: Entrepreneur, Tools for entrepreneurship growth.