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EFFECT OF CORPORATE RESTRUCTURING ON EMPLOYEE MORALE: EVIDENCE FROM AIRTEL NIGERIA LIMITED Obi, James Nwoye; Sajuyigbe, Ademola Samuel; Peter, Fred Ojochide
Journal of Business And Entrepreneurship Vol. 9 No. 1 (2021): JOURNAL OF BUSINESS AND ENTREPRENEURSHIP (May 2021 Edition)
Publisher : APPS Publications

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Abstract

Corporate restructuring is the act of re-organizing the operations of a firm in order to eliminate waste, promote efficiency, increase profitability, and ensure organizational sustainability. Yet there has been a dearth of empirical studies on the effect of corporate restructuring on employee morale. The study sought to examine the extent to which work process has effect on employee punctuality, the extent to which organizational structure affects employee turnover rate and how an altered physical environment influences interpersonal relationships among employees. Data were sourced from three hundred and eighty (380) participants. The results of the regression analyses showed that change in the work process has a significant effect on employee punctuality at work, change in organizational structure has a significant effect on employee turnover rate and altered physical environment influences inter-personal relationships among workers. It was recommended that corporate organizations embarking on restructuring should take into consideration the effect of the exercise on employee morale in the interest of superior performance.
ENHANCING THE PERFORMANCE OF SMEs POST COVID-19: THE ROLE OF STRATEGIC LEADERSHIP CAPABILITIES Peter, Fred Ojochide; Adeniyi, Mojisola Mubo; Sajuyigbe, Ademola; Peter, Adeshola Oluwaseyi; Adeoti, Sarah Bunmi
Journal of Business And Entrepreneurship Vol. 11 No. 1 (2023): JOURNAL OF BUSINESS AND ENTREPRENEURSHIP (May 2023 Edition)
Publisher : APPS Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46273/jobe.v11i1.286

Abstract

Small and medium enterprises had difficulty coping with the Covid-19 pandemic as very few SMEs have made it through it, particularly in Nigeria. Strategic leadership has been acknowledged as a crucial asset and one of the driving forces of success among SMEs. This study examined the impact of strategic leadership on the performance of SMEs in Lagos, Nigeria, adopting a mixed-method approach. A total of 400 complete responses from SME managers were analyzed. While simple regression was applied for the analysis of the returned copies of the questionnaire, the qualitative interview results were obtained through thematic analysis. The results indicate that innovation capabilities significantly impact organizational performance. Hence, the study recommends that focusing on innovative capability of strategic leadership such as new product development, innovation activities, marketing intelligence, value creation and new ideas with radical changes are germane for enhancing performance.
Covid-19 and Its Effect on Small Businesses in Nigeria: A Rational Choice Theory and an Empirical Approach Sajuyigbe, Ademola Samuel; Eniola, Anthony Abiodun; Obi, James Nwoye; Peter, Fred Ojochide
JASF: Journal of Accounting and Strategic Finance Vol. 4 No. 1 (2021): JASF (Journal of Accounting and Strategic Finance) - June 2021
Publisher : Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/jasf.v4i1.169

Abstract

The misery and difficulties of the novel deadly infection (COVID-19) are of great concern to analysts, researchers, policymakers, and government agencies over the globe. This investigation examines the effect of the deadly infection (COVID-19) on small businesses in Nigeria, with particular reference to Lagos State. A purposive examining procedure was utilized to choose each of the 321 small businesses owner of Nigeria (ASBON) enlisted in the Lagos Business Directory. Close-ended questionnaires were used to gather data from the members. The data analysis was performed with percentage, mean, chi-square, and component factor analysis. The outcome uncovers that the deadly infection (COVID-19) has injured all the SMEs surveyed. It was discovered that most small businesses are doomed as a result of the negative impact of COVID-19. The assessment using rational choice theory derives that credit accessibility, tax waiver for sectors, the introduction of emergency advances, and flexibility of repayments of existing loans by financial institutions are solid palliative measures that can cushion the effect of the deadly infection (COVID-19).