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Enhancing Organizational Effectiveness Through Employee Work Attitude: Dissection of Nigeria’s Hospitality Industry Edeh, Friday Ogbu; Islam, Mohammad Fakhrul; Egwu, Kevin Chukwuoyims; Irem, Collins Okechukwu; Ssekajugo, Derrick; Oben, Desmond Neji; Olanipekun, Benedict Dayo
International Journal of Tourism and Hospitality in Asia Pasific Vol 7, No 2 (2024): June 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijthap.v7i2.3235

Every business aims to succeed in the competitive environment by injecting various customer attraction and retention mechanisms into the workplace. However, the hospitality sector requires managers to be proactive in delivering prompt services that would motivate them to come back after the first experience. To achieve this objective, employee work attitude behaviour must be considered. It was this problem that prompted the researchers of this study to examine the predictability of employee work attitude on the effectiveness of hospitality firms operating in Nigeria's work setting. Middle-line managers, supervisors, and low-level employees constitute the sample frame. To avoid bias in selection, simple random was used. Copies of the primary instrument were used to collect data. Frequency distribution was used to analyse respondents’ data while the research propositions were analysed with linear regression with the aid of IBM SPSS statistical software version 25. The finding of the study showed that employee work attitude has a positive significant effect on organisational effectiveness. The study concluded that employee work attitude measured in terms of job satisfaction and job involvement enhances and improves organisational effectiveness of hospitality firms in Nigeria through prompt service delivery and customer satisfaction. The implication of the study is that; supervisors, operations managers, and HR managers should pay positive attention to the attitude of their employees to discourage employee turnover that could lead to customer withdrawal.

Mitigating the African Economic Crisis Through Financial Inclusion Irem, Collins Okechukwu; Edeh, Friday Ogbu; Sherifah, Nakacwa Kasozi; Duruzor, Gloria Ifeoma; Nwoba, Charles Chukwuma; Ukaidi, Chris U.A; Oben, Desmond Neji
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 7, No 2 (2024): JUNE EDITION INTERNATIONAL JOURNAL OF ACCOUNTING FINANCE IN ASIA PASIFIC
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v7i2.3239

This study examines the mitigation of the African economic crisis through financial inclusion. The paper undertakes a comprehensive exploration of the African economic landscape, navigating through historical intricacies, structural challenges, and global influences. Grounded in a quantitative methodology, the study adopted the survey method to systematically unravel the multifaceted dimensions of the economic crisis and financial inclusion in Africa. The study was anchored on both Monetarist and Keynesian models. Monetary and Keynesian financial theories were made suitable because both focus on strategies for addressing economic instability even though they take distinct approaches to solving economic issues. A sample size of 350 participants was studied, using a purposive sampling technique. The data from the returned questionnaires were selected, collated, and analyzed using tables and percentage computation. The historical overview uncovers the persistent impact of colonization and post-independence struggles, shaping the structural issues that underpin the economic challenges faced by African nations. The analysis extends to the intricate dance of global economic dynamics, examining the interplay of trade relations, the imbalance of financial services, and the complexities of the interconnected global economy. Findings indicate that financial services and products are insufficient in Africa. The study discovered that cultural, technological, and regulatory limits all significantly contribute to the economic crisis, which is evidenced by the high rate of currency devaluation in Africa, high rates of inflation in the price of goods, and economic downturns. Thus, the paper recommends that; fin-tech companies, appropriate technology applications, and advancements in online payments could potentially save this predicament. The paper further recommends that; the government should enact regulatory changes that lower entrance barriers for financial institutions, support innovation, and safeguard consumers to advance financial inclusion.

Enhancing Organizational Effectiveness Through Employee Work Attitude: Dissection of Nigeria’s Hospitality Industry Edeh, Friday Ogbu; Islam, Mohammad Fakhrul; Egwu, Kevin Chukwuoyims; Irem, Collins Okechukwu; Ssekajugo, Derrick; Oben, Desmond Neji; Olanipekun, Benedict Dayo
International Journal of Tourism and Hospitality in Asia Pasific Vol 7, No 2 (2024): June 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijthap.v7i2.3235

This study aims to examine the predictability of employee work attitude on the effectiveness of hospitality firms operating in Nigeria's work setting. Middle-line managers, supervisors, and low-level employees constitute the sample frame. To avoid bias in selection, simple random was used. Copies of the primary instrument were used to collect data. Frequency distribution was used to analyze respondents’ data while the research propositions were analyzed with linear regression with the aid of IBM SPSS statistical software version 25. The finding of the study showed that employee work attitude has a positive significant effect on organizational effectiveness. The study concluded that employee work attitude measured in terms of job satisfaction and job involvement enhances and improves the organizational effectiveness of hospitality firms in Nigeria through prompt service delivery and customer satisfaction. The implication of the study is that; supervisors, operations managers, and HR managers should pay positive attention to the attitude of their employees to discourage employee turnover that could lead to customer withdrawal.

Mitigating the African Economic Crisis Through Financial Inclusion Irem, Collins Okechukwu; Edeh, Friday Ogbu; Sherifah, Nakacwa Kasozi; Duruzor, Gloria Ifeoma; Nwoba, Charles Chukwuma; Ukaidi, Chris U.A; Oben, Desmond Neji
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 7, No 2 (2024): June 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v7i2.3239

This study sought to examine the challenges facing the African economy and financial inclusion. The paper undertakes a comprehensive exploration of the African economic landscape, navigating through historical intricacies, structural challenges, and global influences. Grounded in a quantitative methodology, the study adopted the survey method to systematically unravel the multifaceted dimensions of the economic crisis and financial inclusion in Africa. The study was anchored on both Monetarist and Keynesian models. A sample size of 350 participants was studied, using a purposive sampling technique. The study discovered that cultural, technological, and regulatory limits all significantly contribute to the economic crisis, which is evidenced by the high rate of currency devaluation in Africa, high rates of inflation in the price of goods, and economic downturns. Thus, the paper recommends that fin-tech companies, appropriate technology applications, and advancements in online payments could potentially save this predicament. The paper further recommends that the government should enact regulatory changes that lower entrance barriers for financial institutions, support innovation, and safeguard consumers to advance financial inclusion.

Climate Change Risk Disclosures and Stock Market Returns: Empirical Evidence from Nigeria Aleke, Stephen Friday; IREM, COLLINS OKECHUKWU; ozo, Friday Kennedy; Ogbu , Friday Edeh Ogbu,; Okeke, Frankline C. S. A; Committee, Ekpete
The International Journal of Accounting and Business Society Vol. 33 No. 1 (2025): IJABS
Publisher : Accounting Department,

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ijabs.2025.33.1.819

Purpose — This study aims to examine the effect of climate change risk disclosure on stock market performance in Nigeria from 2006 to 2022 Design/methodology/approach — The study adopted an ex post facto research design and the Vector Error Correction Model (VECM) to estimate the regression coefficients. As the dependent variable, the stock market performance was proxied by the all-share index. In contrast, the climate change policy was proxied by carbon emission taxes (CET) and solid mineral mining taxes (SMT). Other determinant of stock market performance such as the federal government green bond (FGBond) was added to the model to mirror the macroeconomic and financial environment. Findings — From the analysis results, the model test of stationarity showed that all the variables were not stationary at the level but at first difference 1(1). The descriptive and normality tests indicated that the data were normal and fit for the intended analysis. The study found evidence of a long-run relationship among the model variables based on the Johansen test for cointegration. The vector error correction indicated a fast speed of adjustment from the short run to the long run at about 32.04% annually, from the system equation regression. However, the significant findings of the study are: carbon emission taxes had significant positive impact on the stock market performance in Nigeria, (coefficient: LOGCET = 1.085279, p-value 0.0221); solid mineral mining tax has significant positive impact on the stock market performance in Nigeria, (coefficient: LOGSMMT = 0.619464, p-value = 0.0009); and Federal government green bond has significant positive impact on the stock market performance in Nigeria. (Coefficient: LOGFGBond = 0.934925, p-value of 0.0000). Implications—This study's policy implications are that risk mitigation efforts such as carbon emission and solid mineral taxes, as well as green bonds targeting climate change, will remain a practical component of stock market performance policies. Originality/value—Many researchers and policy-makers believe that access to climate change risk mitigation in developing countries improves stock market returns while reducing market vulnerability and contributing to overall economic growth. This approach has expanded rapidly and widely over the past several decades and is currently used in several growing African states. Paper type — Empirical Research

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