Aswin Rivai, Joned Ceilendra Saksana and Kusnadi

DOI: https://doi.org/10.6000/1929-7092.2019.08.92

Published: 17 December 2019

Abstract: The motivation of the studies is to investigate the impact of foreign shareholding originated from developed and developing countries on the efficiency of acquired local banks in Indonesia during 2007-2017 by including Corporate Governance as a moderating variable.

Methodology: Using the secondary aggregate data of 29 commercial banks acquired by foreign shareholders, a panel regression model using econometrics methods of GLS, and DEA was applied to examine the effects of percentage of foreign shareholdings on efficiency of the acquired local banks. The main findings; First, percentage of foreign shareholdings positively affecting efficiency of acquired local banks only if the foreign shareholders is originated from developed countries. Second, the level of economic advancement of the country of origin of foreign shareholders has significant effects on the efficiency of the acquired local banks. Third, the increase in the size of the Board of Directors tends to decrease the efficiency of the acquired local banks and fourth, the presence of Foreign Director has a positive moderating effect on strengthening the effect of percentage of foreign shareholdings on the efficiency of the acquired local banks. Overall, the originality of this studies is that the percentage of foreign shareholdings and its country of origin are two combined factors that cannot be separated in affecting the level of efficiency of its acquired local bank and the fact of significant positive moderating effect of Foreign Director. As policy consideration, monetary authority need to perform strict due diligence on prospective foreign shareholders specifically originated from developing countries, advise banks to maintain the existence of Foreign Director and to encourage small local banks to be merged prior to the acquisition by foreign shareholders.

Keywords: Efficiency, foreign shareholdings, corporate governance, agency theory, resource-based theory.

Download

Wilfred Isioma Ukpere

Download

Akinbobola I. Olusola and Nze D. Nathaniel

DOI: https://doi.org/10.6000/1929-7092.2019.08.93

Published: 23 December 2019

Abstract: At the turn of the 21st Century, the world of work is experiencing phenomenal changes both at the workplace and in its work force. The reward output provided by organization may not commensurate with the input of personnel. This study therefore examined the predictability of dimensions of pay satisfaction on work engagement among military and civilian personnel in a Military Hospital in Nigeria. This study adopted cross-sectional survey utilizing an ex-post facto research design. A purposive sampling method was used to draw 256 participants comprising of 101 (39.5%) military and 155 (60.5) civilian personnel who completed structured psychological tests. Multiple regression and independent t test were used to analyse the data collected. The result showed that all the four dimensions of pay satisfaction which are (pay level, benefit, raise, and pay structure) jointly accounted for 16.7% of the total variation in work engagement. It is only one of the four dimensions of pay satisfaction (pay structure) that showed independent significant prediction of work engagement. Military personnel did not significantly manifest higher level of work engagement than civilian personnel. The implications of the result were discussed in line with management and sustainability of employment relationships in the world of work.

Keywords: Pay Satisfaction, Work Engagement, Personnel, Equity Theory, Employment Relationships.

Download

Rofhiwa Madzivhandila, Sunday Samson Babalola and Khathutshelo Khashane

DOI: https://doi.org/10.6000/1929-7092.2019.08.94

Published: 23 December 2019

Abstract: Employee work activities that are more than expectations are the panacea for organisational success, in today’s dynamic workplace. In achieving this set goal, organisations need to be seen, by employees as taking care of their welfare, as employees are significant resources of an organisation. This study investigated perceived organisational justice and climate on counterproductive work behaviour (CWB) among public employees. A quantitative research design was used, with self-administered questionnaires for the collection of data. Three hundred and seventy-seven employees from public service organisations participated in the study. The participants were made up of 183 (50.3%) females, with a mean of 35.41 years of age, and 7.42 years of working experience. Results revealed that organisational justice and CWB were statistically significant (F (1, 359) = 11.53, p < 05). It was also found that organisational climate and CWB were statistically significant (F 1, 359) = 18.94, p < 0.05). The findings were discussed in line with the literature, as well as outlining their implications for management and suggesting appropriate recommendation. Specifically, the study suggested the creation of an enabling environment that will ensure that employees are well treated; this will encourage employees to take calculated risks with the aim of advancing the organisational objectives, promote employee citizenship behaviour as well as reduce dysfunctional behaviour.

Keywords: Organisational climate, organisational justice, counterproductive work behaviour, public employees.

Download

James O. Abugu, Albert O. Iheanacho and Anthony Igwe

DOI: https://doi.org/10.6000/1929-7092.2019.08.95

Published: 23 December 2019

Abstract: The several brands of beer in Nigeria, with brand extensions, provide the opportunity for consumers to have more options to choose their brands from, and the brewing companies contend with how to make their products the preferred choice among consuming public. Although empirical studies in institutions of higher learning in Nigeria report that some factors influence the choice of beer brand in different places, there is, however, a paucity of information on the propelling factors for choice of beer brand. It is against this backdrop that this study appraised the choice of beer brand in the Nigerian higher institutions. A total number of 166 undergraduate and postgraduate students studying at the Enugu Campus of the University of Nigeria, Nsukka, participated in this study. The study adopted survey design, questionnaire was used and consent was obtained from all the participants before carrying out the study. Questions posed to them were whether social group, price and emotion significantly determine their choice of brand of beer. The result indicated that social group has the greatest percentage of significance propelling factor of 78.9% (agreed and strongly agreed); then emotion, 74.1% (agreed and strongly agreed) and the price of beer 53% (agreed and strongly agreed) which is also significant. Students’ social group, emotion and price of beer showed statistical significance when compared in relation to choice of beer. Therefore, students always align with the type of products (beer inclusive) consumed by their social group that has moderate price and emotional appeals when making choice.

Keywords: Beer Brand, choice, students, peer group, pricing, emotion.

Download