Employees’ Separation and Performance of Unionised Organisations in the Food, Beverage and Tobacco Industry in Lagos State, Nigeria ►Chidi, Odogwu Christopher
ABSTRACT The study investigated the effect of employees’ separation on performance of unionised organisations in the Food, Beverage, and Tobacco industry in Lagos State. The adopted research design is the survey method. The proportional stratified sampling was used to select equal sample of thirty (30) from each of the organisations surveyed. A total of four hundred and twenty (420) research subjects were drawn from fourteen respondent companies. However, 284 copies of questionnaire were properly completed and used for data analysis. This represents 68 per cent response rate. The research instrument was subjected to validity and reliability testing. The domain of validity also called intrinsic validity was used for the validity estimate. Validity estimate is 0.88 while the Cronbach’s Alpha is 0.77 being the reliability coefficient of the instrument. The hypothesis for the study was tested using the Pearson Product Moment Correlation, Regression Model and Chi-square test of goodness-of–fit at 5 per cent level of significance. It was hypothesised that employees’ separation does not affect performance of unionised organisations. The result of hypothesis test shows that employees’ separation exhibited significant relationship with performance of organisations. Of the ten measures of performance, six positively and significantly associated with employees’ separation. Such as public image (r = 0.352; p< 0.01); staff morale (r = 0.340; p< 0.01); innovativeness (r =0.190; p< 0.01); performance stability(r = 0.199; p< 0.01); growth in number of employees (r = 0.214; p< 0.01) and adaptability (r =0.157; p< 0.01). However, profitability, market share, operational efficiency and rate of sales were non-significant. The Chi-square test of goodness-of-fit also confirms that employees’ separation affect performance of unionised organisations (x2 =103.170, df=2, p< 0.01). Similarly, from regression Table in the appendix, it could be observed from the result of the regression analysis that employees’ separation affects performance of unionised organisations in the Food, Beverage and Tobacco Industry in Lagos State. From the foregoing, it is recommended that organisations should aim atimproving remuneration packages; there is empirical evidence to show that on average, employers who offer the most attractive reward packages have lower attrition rates than those who pay poorly. Organisations should adopt rigorous screening procedures for new hires; improve training programmes as well as flexible working hours and employee participation. Keywords:Employees’ Separation, Performance, Unionised Organisations, Food, Beverage and Tobacco Industry, Nigeria.
Participative, Transformational, and Transactional Leadership in the United Kingdom, Nigeria and France ►Samuel O. Fadare
ABSTRACT This paper describes participative, transformational and transactional leadership theories and how each theory might or might not work in the United Kingdom, Nigeria, and France. Application of the three leadership theories emphasizes performance orientation as an important requirement across the three national cultures. A number of issues are readily identifiable with the application of each theory across the three national cultures. With participative leadership, issues of time intensity, information sensitivity, and size of the labor force are unavoidable. Issues with transformational leadership include measurement difficulties and anti-democracy; while issues with transactional leadership include the need to maintain status quo and the use of rewards and punishment to achieve results. Cultures may influence leadership styles, it is however not a determinant of leadership behavior. This is in consonance with the findings of the GLOBE study which found that leadership behavior is not a function of national culture values. Keywords: Leadership, Culture, Transformational, Transactional, Participative
Based on the granger causality tests the research about the relation between the real economy and virtual economy in china ►Kui Xie, Yuming Wang and Hang Liu
ABSTRACT In this paper, we use the data of total volume of stock, bonds issued the final balance, total volume of futures and funds total turnover from 1994 to 2012 to represent virtual economy index, using GDP on behalf of the entity economy index, using the unit root test, cointegration test and granger causality test method to explore the relationship between virtual economy and real economy of our country in recent years. As a matter of fact, there is two-way causal relationship between China's real economy and virtual economy now, the real economy development is advantageous to the virtual economy, virtual economy growth, in turn, promotes the development of the real economy, the future of economic development at the same time to pay more attention to the coordinated development between real economy and virtual economy. Keywords:virtual economy，the real economy，unit root test，cointegration test，Granger causality test
Effects of Competitive Strategies and Strategic Management Accounting Techniques on Perceived Performance of Businesses ►Ebru AYKAN and Semra AKSOYLU
ABSTRACT The present study was conducted to investigate the effects of competitive strategies and strategic management accounting techniques (SMAT) on the perceived qualitative and quantitative performance of medium and large size businesses in Kayseri, Turkey. In the research model, competitive strategies were considered in three-dimensions as cost leadership, differentiation and focusing strategies and SMAT-use was considered in five dimensions as cost, competitor, customer, strategic decision and control-oriented techniques. Data gathered from 229 accounting managers were used to test the hypotheses. Regression analyses revealed low level positive relationships between differentiation strategies and the perceived qualitative-quantitative performance of businesses and similarly low level relationships between the competitor-customer-oriented techniques and qualitative performance of the businesses. Keywords: Competitive Strategies, Strategic Management Accounting Techniques, Differentiation, Focusing, Cost Leadership, Perceived Performance