https://www.um.edu.mt/library/oar/handle/123456789/119154 2026-04-05T12:48:04Z 2026-04-05T12:48:04Z Ongayi, Wadesango https://www.um.edu.mt/library/oar/handle/123456789/109249 2023-05-08T20:17:36Z 2023-04-01T00:00:00Z

Title: An analysis of the level of collaboration between social and environmental stakeholders and Johannesburg Stock Exchange-listed companies in creation of shared value Authors: Ongayi, Wadesango Abstract: PURPOSE: Over the years, social and environmental reporting has been marred with theories and approaches that lack guidance on how companies can simultaneously uplift lives of social and environmental stakeholders (SEs) while creating measurable economic value. Shared value creation is a new model that promotes simultaneous creation of economic, social and environmental value, in collaboration with social and environmental stakeholders (SEs). This study analyses the level at which Johannesburg Stock Exchangelisted companies (JSE) are collaborating with social and environmental stakeholders in the process of simultaneously creating economic social and environmental value.; METHODOLOGY: A qualitative interpretive research methodology was used in this study. Random sampling was used for twenty-one interviews from civil society organisations that had participated in protests during the period understudy. Two hundred seventy-eight integrated reports were collected over a period of five years from top 100 JSE-listed companies as soon as they became available. Media reports sample was not predetermined but accumulated as events related to the study occurred. The study adopted grounded theory design for analysing perceptions, experiences of participants and narratives in order to socially construct reality using those interpretations. ATLAS ti software and excel was used to analyse the data.; FINDINGS: From the analysis, the study identified weaknesses in collaboration processes. From the interpretations, it emerged that JSE-listed companies intensely involve SE stakeholders in the collection of material concerns but inadequately collaborate with SE stakeholders during implementation process.; ORIGINALITY/VALUE: The study recommends an improvement in relational collaboration for empowerment of SEs.

2023-04-01T00:00:00Z Chukwuneme, Enwereji Prince Olaniyi, Aluko Timothy Innocent, Bayai https://www.um.edu.mt/library/oar/handle/123456789/109248 2025-12-29T09:44:59Z 2023-04-01T00:00:00Z

Title: South African government palliative funds for SMMEs during COVID-19 : challenges of implementation and suggestions for improvement Authors: Chukwuneme, Enwereji Prince; Olaniyi, Aluko Timothy; Innocent, Bayai Abstract: PURPOSE: The implementation of the lockdown on 28th March 2020 due to the COVID-19 pandemic disrupted business and economic activities completely, which has serious consequences for SMME survival in South Africa and the world at large. Subsequently, there was a contingent need to provide funding to SMMEs to ensure their survival. This study, therefore, explored the meaning of SMME in the South African context and their experiences during the COVID-19 pandemic. The study further investigated the palliative funds given to SMMEs during COVID-19 by the South African government, the challenges encountered during its implementation process, and the measures to improve the funding implementation.; METHODOLOGY: The study adopted a qualitative research approach with an exploratory research design, and this enhanced in-depth findings through the adoption of interviews as the only source of primary data collection. Data collected from the participants were analyzed using a thematic analytical technique with the help of Atlasti software (Version 22).; FINDINGS: Findings obtained from the study revealed that SMMEs are separate and distinct business entities, including co-operatives and non-governmental organizations (NGOs), managed by one or more owners, including their branches and subsidiaries. Another finding revealed that during the COVID-19 period, SMMEs experienced supply chain disruptions, inventory shortages, cash flow issues, and low income due to the inability to engage in active business. In the empirical study, participants attested that the scoring system, lack of business and managerial experience, communication barriers, and business registration requirements are some of the challenges encountered in funding implementation by the government departments. Furthermore, the participants highlighted that funding based on merit, consideration of the scoring system, and the application of communication dynamics to reach SMMEs should be applied to improve SMME funding implementation.; ORIGINALITY/VALUE: This study is meant to inform the government on how to handle SMME funding and measures to assist them to enhance employment and to improve economic development.

2023-04-01T00:00:00Z Oke, Babatunde Olufemi Onwere, Henry Ikechukwu https://www.um.edu.mt/library/oar/handle/123456789/109247 2023-05-08T20:09:53Z 2023-04-01T00:00:00Z

Title: Evaluating the impact of CAMEL variables on the share price of banks in Sub-Sahara Africa Authors: Oke, Babatunde Olufemi; Onwere, Henry Ikechukwu Abstract: PURPOSE: This study aims to investigate CAMEL variables' effects on deposit money banks' share prices for twelve Nigerian banks, nine Kenyan banks, and five South African banks.; METHODOLOGY: The panel regression approach was utilised to analyse the study data. The share price was measured by the total of the daily closing share price divided by the number of trading days. Capital adequacy was proxied by the equity-to-total-asset ratio, management efficiency was measured by asset turnover, earnings quality was measured by gross profit margin, and liquidity was measured by the loan-to-deposit ratio.; FINDINGS: The findings showed that asset quality positively and significantly influenced the share prices of the South African sample but had an insignificant influence on the share prices of the Nigerian sample. The managerial efficiency significantly and positively influenced the share prices of the South African sample but had an insignificant effect on the share prices of the Kenyan and Nigerian samples. Lastly, findings showed that liquidity negatively and significantly influenced the share prices of our Kenyan and Nigerian samples but had an insignificant influence on the share prices of our South African samples.; ORIGINALITY/VALUE: The study's findings will help the management of African banks make good management decisions and provide information that will help stakeholders make better investment decisions. The study sheds new insight into the impact of CAMEL variables on the share price of banks in sub-Saharan Africa.

2023-04-01T00:00:00Z Alymkulova, Nargiza Ohaegbu, Nnaemeka E. https://www.um.edu.mt/library/oar/handle/123456789/109246 2023-05-08T20:03:07Z 2023-04-01T00:00:00Z

Title: Monetary policy shocks and output growth in Nigeria : which shocks are more important? Authors: Alymkulova, Nargiza; Ohaegbu, Nnaemeka E. Abstract: PURPOSE: Recognizing the importance of effective policymaking requires an understanding of Monetary Policy Shocks and Output Growth in Nigeria. The purpose of the paper is to examine how interest rate and exchange rate channels of the transmission mechanism affect output growth in Nigeria in response to monetary shocks.; METHODOLOGY: The structural vector autoregression method is the empirical model. In the empirical analysis, quarterly data from 2000 to 2020 were used for the gross domestic product, nominal effective exchange rate, consumer price index, monetary policy rate, and open buyback.; FINDINGS: The results of the impulse response function showed that in Nigeria, monetary policy shocks are more significant because they have a long-lasting impact on growth up to the sixteenth quarter of the forecast horizon.; ORIGINALITY/VALUE: The study's conclusions would enable Nigerian policymakers to anticipate consequences of monetary policy shocks through indirect demand-side Keynesian monetary policy transmission mechanism through the channels of exchange and interest rates. The study recommends that to move the economy toward predetermined directions, monetary authorities should be cautious of the level/quantity of money in circulation rather than focusing on increasing or decreasing the monetary policy rate.

2023-04-01T00:00:00Z