https://www.um.edu.mt/library/oar/handle/123456789/66689 2026-04-15T07:55:35Z https://www.um.edu.mt/library/oar/handle/123456789/67485 Title: Journal of Corporate Governance, Insurance and Risk Management : volume 3 : issue 3 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Samuel Ojwang’ Oyieke - Firms' financial performance and corporate board diversity : evidence from Kenya; 2/ Dindayal Swain - An output driven sync of visual merchandising and impulse buying behaviour : an organized retail case from Bhubaneswar; 3/ V S Pai,Chetan V Hiremath - Single business vs multi business firms in India: an empirical analysis; 4/ Ninik Probosari, Yuni Siswanti, Herlina Dyah Kuswanti - Environmental factors, motivational factors, and individual personality in the relationship model framework of knowledge sharing behavior; 5/ Akash C. Mathapati, K Vidyavati - Factors influencing customer’s buying decisions on mobile phone buyers : a study on Bijapur City, India; 6/ Martina Sopta, Marija Prša - Analysis of the relationship between costs and firm growth using the example of the Unicredit Group S.P.A.; 7/ Faisal Ayid Alroqy, Khaled Salmen Aljaaid - Family, governmental, domestic corporations and board of directors and audit committee effectiveness in GCC; 8/ Prima Rosita Arini S, Baldric Siregar - Causality relationship between public investment and private investment : the case of Indonesia; 9/ George K. Amoako, Gregory Amoah, Attatesey Mayqueen - How organisational performance is affected by strategic corporate social responsibility (CSR); 10/ Kemal Yamana - A study on the strategic plans of the metropolitan municipalities : case of Turkey 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67482 Title: Firms' financial performance and corporate board diversity : evidence from Kenya Authors: Oyieke, Samuel Ojwang’ Abstract: Boards’ affects performance through their monitoring and advising functions. The ability to perform these functions depends on among other things, the experience of the board. This paper examines the effects of corporate board experience on firms’ financial performance of listed companies in the Nairobi Securities Exchange for the period 2001-2010 using System GMM. Performance variables are ROA, Tobin’s Q ratio, share price and price to book value. Experience is measured as stock of initial experience and tenure in a particular board. Tenure is found to be positively and significantly associated with the performance variables. Tenure ^2 captures the entrenchment behavior of the board. This entrenchment effect has a significantly negative effect on performance. This negative effect eventually outweighs the positive tenure effect and gives rise to the downward effect of tenure on performance hence the inverted U-relationship between tenure and performance. The study reports an optimal tenure of between 7 and 8 years depending on the performance variable being considered. At shorter tenure; there is a positive effect on performance, but at a longer tenure, entrenchment behavior of the veteran board members outweighs the monitoring effect. In fact these long tenured boards become ‘zombie boards’, thus negatively affecting performance. Stock of initial experience consists of education, and past managerial experience. It has a significant positive relationship with performance. 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67480 Title: An output driven sync of visual merchandising and impulse buying behaviour : an organized retail case from Bhubaneswar Authors: Swain, Dindayal Abstract: Apparel industry in India is booming and there is fierce competition among various players in apparel segment in terms of lifestyle format. The present study is aimed at finding out the impact of various dimensions of visual merchandising vis-a-vis impulse buying behavior of the customers visiting “Shopping Malls”. Four dimensions of visual merchandising i.e. window display, in-store form/ mannequin display, floor merchandising and promotional signage are researched to find its impact on IBB. The results reveal that certain dimensions of visual merchandising do affect impulse purchase. Hence, visual merchandising is important for strategic marketing decisions to increase both the sales and the communication effect of the stores. 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67476 Title: Single business vs multi business firms in India: an empirical analysis Authors: Pai, V. S.; Hiremath, Chetan V. Abstract: We studied the performance of 60 firms, 30 each from two types of firms namely, focused and diversified. Further, of the 30 firms in each group, 10 each were selected on the basis of three different sizes; small (with assets <INR10 billion), medium (with assets ranging between INR10 and <INR50 billion) and large (with assets >INR50 billion). Our intent was to determine which of these displayed superior economic performance. We analysed data for two points of time 2006-07 and 2013-14 using three measures of economic performance. These include profit after tax (PAT), return on capital employed (ROCE) and asset turnover ratio (ATR). We employed parametric (MANOVA, ANOVA) as well as nonparametric (Mann Whitney, Kruskal-Wallis and Chi square) tests. Our analysis started with MANOVA to compare the overall performance of the selected firms for all the three measures. Later, ANOVA was used to further understand specifically, which performance measure was influenced by type and size of the firm. Since, there was a possibility for outliers to influence the findings, nonparametric tests were employed with the assumption that both the finding would give similar results. Our study concluded that there is no significant difference in the performance between focused and diversified firms. However, we found significant difference in the performance of firms based on size, though there were no interaction effects between size and type. Particularly, when diversified and focused firms were separately studied, it was found that for focused firms alone there were significant differences in performance between firms of different sizes. 2016-01-01T00:00:00Z