Table of Contents

Inventory Management: Imperative for Organizational Effectiveness

in Manufacturing Companies In Delta State: A Case Study of Beta

Glass Plc, Ughelli and Pikenso Industries, Koko

Ojuye Thomas & Egberi Onyeyime Edith                                                        1-29

Dividend Policy and Share Price Changes in the Stock Market:

Evidence from Nigeria

Aribaba, F.O, Ahmodu, O.L,Ogbeide, S.O,Olaleye, J.O.                                    30-47

Impact of Credit Risk on Financial Performance of Banks in the

Nigeria

Nuhu Otaru Isah                                                                                              48-68

Effect of Change Management on Organizational Performances of

Nigerian Telecommunication, A Study of Airtel of Nigeria

Agbo Melletus Uche Chukwu                                                                          69-93

EFFECT OF CHANGE MANAGEMENT ON ORGANIZATIONAL PERFORMANCES OF NIGERIAN TELECOMMUNICATION, A STUDY OF AIRTEL OF NIGERIA

Agbo Melletus Uche Chukwu

Department of Business Administration

Michael Okpara University of Agriculture Umudike, Abia

Email: agbomelletus@yahoo.com

ABSTRACT

The rate of competition in the telecommunication industry in Nigeria is moving at a leap frog basis due to changes in technology, product and services, customer taste among others. This has made change management experts to emphasize on the importance of establishing organizations readiness for change and have crafted various strategies for creating it because successful management of change is crucial to any organization to survive in the present highly competitive and continuously evolving business environment. Change management is a planned loom for the transition of individuals, groups and organizations from existing state to a required future state. Thus, managing a change process is as important as change itself This study therefore examine empirically change management and its effects on organizational performance of Nigerian telecoms industries. In conducting this study, a total of 300 staffs of Airtel were randomly selected from a staff population of 1000. Three hypotheses were advanced to guide the study and data collected for the study were analyzed using One-way Analysis of Variance. The result revealed that changes in technology has a significant effect on performance and that changes in customer taste has a significant effect on customer’s patronage. The result also shows that changes in management via leadership has a significant effect one employee’s performance. Based on the findings of the study, recommendations were made that telecoms industries in Nigeria should be pro-active to changes in such a competitive environment so as to experience smooth implementation of such changes. The study therefore concludes that nothing remains still in the world of business as change is the only thing that is constant. Change managers should therefore successfully manage the human side of change in order to avoid resistance to change using the appropriate change strategies, thus, enhancing overall performance of the industry.

Keywords: Change Managements, Effects, Changes in Technology, Customers Taste, Change Implementation and Performance.

IMPACT OF CREDIT RISK ON FINANCIAL PERFORMANCE OF BANKS IN THE NIGERIA

Nuhu Otaru Isah

Department of Accountancy

Federal Polytechnic, Bali

Email: isahnuhu80@gmail.com

ABSTRACT

The objective of the study is to empirically examine the quantitative effect of credit risk on the performance of commercial banks in Nigeria, considering variables related to lending activities, over the period of 10 years (2006-2015). The empirical investigation uses the accounting measure of Return on Assets (ROA), which is the dependent variable, to represent Banks’ performance. The study fundamentally involves both descriptive and econometrics techniques. The econometrics method used in the study basically involves assessing the impact of selected internal variables, the provision to total loans, loan to total asset, credit administration (cost to total loans) and natural logarithm of total asset (Economies of scale), on the performance of the banking sector. To this end multiple linear regression models is used to measure the relative weighting of the independent variables above on a dependent variable. The findings show that there is significant but inverse relationship between ROA and the ration of default rate, per loan asset ratio and capital adequacy ratio. The study recommends that management need to be certain in setting up a credit policy that will negatively affect performance and the CBN should for policy purpose regularly assess the lending attitude of financial institution in Nigeria

Keywords: ROA, Credit Risk, Bank, Performance, Nigeria.

DIVIDEND POLICY AND SHARE PRICE CHANGES IN THE STOCK MARKET: EVIDENCE FROM NIGERIA.

¹Aribaba, F.O, ²Ahmodu, O.L, ³Ogbeide, S.O, ⁴Olaleye, J.O.

^1,3&4Department of Accounting and Finance, Elizade University, Ilara- Mokin, Ondo State, Nigeria.

²Department of Management Sciences, Wesley University, Ondo.

Email: folusoaribaba2003@yahoo.com, ahmoduolamidelateef10@gmail.com,sunnyogbeide2017@gmail.com

ABSTRACT

The study examines dividend policy and share price of quoted companies in the Nigerian Stock Market. The study employs the ex-post facto research design. A sample of 15 companies was examined between 2008-2014 financial year using panel Estimated Generalized Least Squares (EGLS) regression with fixed effect. The study found dividend policy and dividend yield contributes to share price reduction and were not statistically significant. The effect of dividend per share is negative and is statistically not significant across the quoted firms. Earnings per share were observed to result to positively engender share price changes was not statistically significant; dividend pay-out and firm size positively influence changes of share prices of the quoted companies in Nigerian Stock Market. Based on these findings, the study therefore recommends that listed firms in the Nigerian Stock Market have regularly choose to ascertain the sensitivity of investors to policies on dividend perhaps annually or semi-annually in order to avoid sending wrong signal to the market which could further hamper the value of the shares.

Keywords: Dividend Policy, Share Price Change, Earnings Per Share, and Firm Size.

INVENTORY MANAGEMENT: IMPERATIVE FOR ORGANIZATIONAL EFFECTIVENESS IN MANUFACTURING COMPANIES IN DELTA STATE: A CASE STUDY OF BETA GLASS PLC, UGHELLI AND PIKENSO INDUSTRIES, KOKO

Ojuye Thomas & Egberi Onyeyime Edith

Department of Accountancy

Delta State Polytechnic, Ozoro

Email: kelvinegberi76@gmail.com

ABSTRACT

The study has been on inventory management as an imperative for organizational effectiveness in manufacturing companies in Delta State using  Beta Glass Plc, Ughelli and Pikenso Industries, Koko, Delta State as case studies. The main objective of this study is to examine the impact of inventory management on the effectiveness of manufacturing companies in Delta State. Descriptive survey design was employed in carrying out the study. The population of the study is one hundred and twelve (112). A sample size of eighty six (86) was derived using the Krejcie and Morgan (1970) formula for sample size determination from a given population. Data were generated using questionnaire. Data collected were presented in tables and analyzed using descriptive statistics of mean and standard deviation to answer the research questions while Pearson product moment correlation coefficient was used in the hypotheses testing. From the analyses, it was found out that there is significant relationship between good inventory management and organizational effectiveness; inventory management has a significant impact on organizational productivity and there is a high positive correlation between good inventory management and organizational profitability. The study concluded that manufacturing companies in Delta State need to assess their level of inventory control which will serve as a guide to what they need to do in order to outperform their organizational performance by using a proper inventory management practices as a tool and make them closer to achieve business excellence. Against this background the study recommended, among others, that inventory management in manufacturing organization should be well-articulated whereby the management will increase support for training and retraining of staff to improve in inventory management for organizational effectiveness and maintain production consistency for organizational profitability.