So far, there has hardly been any study that looked at the link between level of corporate social responsibility and firm performance in the developing nations. However, with the advent of information technology and raising awareness among the stakeholders in these nations, slowly but surely corporate social responsibility is gaining more and more importance. To my knowledge, this was one of the very few studies conducted on the firms of developing nations that looked at the impact of CSR performance on the ultimate financial performance of the firm. The purpose of this study was to create a stepping stone for future researches on this area. It would bring great joy to me if this humble effort makes some useful contribution to the understanding of the subject matter discussed in this book.
Nigeria has one of the most difficult business environments with poor infrastructure especially electricity, water and road network.Electricity supply in particular,coerces Nigerian companies to incur standby power generators.Consequntly the overheads of maintaining generators,fuel,spare parts increases their earnings volatility(business risk). To this end, corporate capital structure theories including the trade-off theory have suggested that higher levels of earnings uncertainty in a firm will increase the probability of financial distress and the chances of the company becoming bankrupt.This study is the first to consider the levrage effect of earnings volatility for a panel of ninety four Nigerian companies listed on the stock exchange of an oil depedent emerging economy.This understanding is important from the persepective of financial market structure, investments and government regulations. It will therefore provide a guide for financial theorists and professionals or anyone else who may be interested in utilizing a less complicated econometric and statistical models in analysing corporate financing decisions.
Banks and firms, two institutions on which health is interdependent. In the traditional form of financial intermediation, the bank functions on the basis of of the deposits collected and the credit distributed. For the companies, especially SMEs, the banking financing is considered as the most important source of financing of their investments. The banque-entreprise relation presents a double interest. The company seeks to guarantee the immediate and the future financing, whereas the bank seeks to be refunded in the future. The economic importance of the company like productive agent, on the one hand and the contribution of the credit institutions in the financing of the firms, on the other hand, return being studied of relation banks-entrprise, its determinants and its effects on the firms performance. The value of this book is that it allows, with the companies to well choice the number and the duration of their banking relation making it possible to maximize moreover their performance.It contributes for the good decision-making of financing the firms on behalf of the banks and this within the framework of a bank relationship.
Money is life blood of economy of any country and banking is the nervous system which pumps this life blood through out the economy. No person either a common man or big corporate and even the government can think of development without banking. From last two decades a revolution in Indian Baking Sector can be felt which was ignited with implementation of New Industrial Policy, 1991 followed by the recommendations of M. Narsimham Committee I in 1993. In order to cope up with the requirements of new industrial policy, the government decided to privatize banks in 1994. In this regime of privatization, ICICI Bank was incorporated as a company limited by shares and within 7 years of its establishment it became the largest private sector bank of India and a pioneer in innovations in banking services. The customers are the main focus of any business and their satisfaction is a factor which decides the sustainability of any business concern in the market. The present research work is an attempt to analyze the extent of customer satisfaction and their behaviour along with financial performance appraisal of ICICI Bank with respect to various innovative services provided by it.
This book is about the relationship of corporate governance, corporate financing and financial performance. it elaborate in detail how corporate governance affects the corporate financing patterns which further impact the financial performance of the firms. In directly, corporate governance have large impact on the financial performance. Data have been taken of 170 firm operating in the non-financial sector of Pakistan.
Revision with unchanged content. Africa’s population has been rising rapidly during the past decades and is now projected to reach about 1.1 billion by 2015. Given such population dynamics, and the difficulty with reliance on global food markets, the rate of domestic food production will have to be increased dramatically in order for the region to be able to feed its burgeoning population. An initial step toward this end is deciding how the region’s land should be owned and used. Can African countries achieve food security through a strategy of land privatization in which individual holders emphasize cash crop production for global and domestic urban markets? Is such privatized tenure and crop commercialization an inevitable outcome of population pressure? Or, can African traditional landholding systems evolve in alternative ways that bypass the privatization route, promote efficient land use, and encourage rural farm investments and food production? This book argues that under certain social, political, and institutional governing conditions West African traditional tenure institutions can evolve into cooperative arrangements that are more sustaining of land use and food sufficiency. Government policy makers, international development practitioners, African agricultural researchers, and students will find this book informative, innovative, and stimulating.
Macroeconomic Model of the Nigerian Economy. The study estimates and evaluates, using the policy simulation, the relative impact of monetary and Fiscal Policies on some macroeconomic aggregates in the Nigerian economy. Another objectives were to specify and construct a structural model of the Nigerian economy which will enable us understand the workings of the economy. Specifically policy simulation enable the researcher to evaluate overtime the performance of some policy variables in the economy especially as regard to policy forecast and analysis. This provides an effective tool for sound management of the economy.
The book focused on the procedure of performance evaluation of staff in Cocoa Research Institute of Nigeria, It assessed the appraisal method and instruments of performance evaluation employed by the institute and the effect on the staff performance and work-related habits. the book revealed that the procedure of evaluating the performance of staff was defective as it gave room for a lot of inadequacies and eye service among staff. it also revealed that performance evaluation was mainly employed to determine staff promotion while other uses of performance evaluation were neglected. Moreover, it revealed that even though performance evaluation is conducted annually in the institute not all staff were assessed annually. The book concluded that the aspect of conducting appraisal of staff performance every year should not be handled with levity and that performance appraisal should be a continues exercise rather than a "post Morten" exercise which is currently the situation.
This book investigates the origin in European tradition of military music in Nigeria and its subsequent development and indigenization within the Nigerian cultural milieu. Among other things, the results show that there are four historical periods with regard to the processes of evolution and indigenization of military music in Nigeria. It also reveals that, even though European styled military music, as practised in Nigeria still depends heavily on the use of many European structural forms, composers employ a lot of Nigerian traditional musical devices. The study concludes that Nigerian composers of military music in both the military and para-military forces have created a new military musical tradition characterized by new musical contents, compositional techniques, and performance contexts germane to the Nigerian socio- cultural milieu. This new development is the logical consequence of the processes of adapting European musical forms suitable for the Nigerian socio- cultural environment.
Agriculture is an important component of Nigeria's past, present and future. Nigeria's land base and varieties of agro-ecological zones allow a wide variety of agricultural products to be grown and raised for consumption and export. In an age of desired accelerated economic development and growth with recommended shift of emphasis from mono-economic based on crude oil, an understanding of the trends and underpinnings of Planning, Strategies and Concepts in Agricultural Development in Nigeria augurs very well for the mobilization of efforts to engender integrated agricultural development. It is with these thoughts and objectives that we prepare and recommend this text designed to make teaching more meaningful and structure-conduct-performance of our Agriculture more adapted to plans for modernization and accelerated growth.
About The Book This book helps you to make out and comprehend your business enterprises and firms as how they compete and improve the financial and non-financial operating performances. It also provides the reader and also the practitioner’s superior evidence on the identification and evaluation of Amhara Regions Manufacturing firms. It has tried to depend on the four basic performance measurement techniques; these include financial measures, customer measures, internal business process measures, and learning and growth measures so as to assess the impact for which an industry uses each performance measures.
Demand for Money has attracted the interest of great Economist. From Irving Fisher to John Maynard Keynes,William Baumol, James Tobin,Milton Friedman etc.The study of the Demand for Money is not restricted to one market, but related to several markets(Money Market, Capital Market,Foreign Exchange Market etc),hence it has a direct bearing on monetary policy and so relevant to the study of Macro Economics. In Nigeria, the study of the Demand for Money gained prominence in the 1970's with the great debate known as the ''TATTOO Debate'', on the stability of Demand for Money function and whether income is the significant determinant of Demand for Money in nigeria. Over time,the development of global financial markets offered alternatives to holding cash which means the canonical specification of the Demand for Money needs to be improved. In Nigeria, Economic reforms at the turn of the 21st century has improved private sector performance and increased capitalization of the Nigerian stock market.This means stock market variables can no longer be ignored in modelling Demand for Money in Nigeria. This study examines the Demand for Money with particular reference to the Nigerian stock market.
Marketing is one of the most dynamic fields which decides success or failure of the organization. The purpose of marketing is to create a competitive advantage. The marketing firms that keep prices as low as possible outperform those trying to sell more expensive products. Liberalization, Globalization and privatization (LPG) have led to major changes in the functioning of the companies at the national and international level. This LPG era will not be beneficial to all the organization. The growth and prosperity to the country and company is possible with the adoption of new management techniques, scanning of changing business environment and up gradation of technology. These factors are leading to fierce competition among all sized firms globally. Hence, due to increased competition there is need to opt for appropriate strategies in the marketing mix for the success of organization in area of marketing. The book focuses on the marketing strategies of Small Indian firms and impact of liberalization policies with various recommendations to boost the industry.
Agriculture is the primary source of livelihood in most African countries. About 70% of rural population relies on subsistence agriculture as livelihood activity. However, the overall performance of agricultural production has not been impressive over the past decades. Improving the productivity of small scale rice farmers is essential to raise income, insure food security, alleviate poverty and consequently improved the welfare of smallholders’ farmers. In this regards, the diffusion and adoption of New Rice for Africa Variety (NERICA) which is one of the most significant advances in crop improvement in Africa in recent years developed by AfricaRice and its National Agricultural Research Systems (NARS) partners in the mid-90s was seen as a step towards the achievement of these objective in Africa as a whole and in Nigeria in particular. A total of 78 NERICA varieties including 18 for upland and 60 for lowland growing conditions have been developed and introduced in many African countries including Nigeria since 1999 through PVS, but were officially released in 2003 in Nigeria. However, there is dearth of information on their adoption rate and impact on welfare in Nigeria.
It is estimated that women produce more than 50% of food production world wide. In Nigeria however, the estimate is that women produce about 80% of food production. There has been an increase in female-headed households along with female-headed farms due to a variety of factors. Wives are left with the responsibility of farm management, family care and household maintenance. Women's performance in agriculture is however poor as a result of unequal privileges and opportunities availed them in contrast to their male counterparts. Theses privileges and opportunities are in the areas of credit facilities, access to land, access to education, labour saving technology and extension services. Others are neglect and absence of support from their spouses and families. Data generated from questionnaires were analyzed using frequency, percentage and regression analysis. It was discovered that age of respondents, farming experience, costs of fertilizer and herbicide were statistically significant at 1% level with respect to the farmers' output values. Access to credit and labour were major problems limiting the agricultural productivity of 77.5% and 70% of the farmers respectively.