ORIGINAL RESEARCH ARTICLE | Aug. 4, 2025
Optimizing Employee Performance through Achievement Motivation and Human Resource Quality with Organizational Commitment as an Intervening Variable (A Study at the Regional Financial and Asset Management Agency of Pemalang Regency)
Sutoni, Sukarno, Gita Sugiyarti
Page no 317-331 |
https://doi.org/10.36348/sjbms.2025.v10i07.001
This study aims to examine the influence of achievement motivation and the quality of human resources on employee performance, both directly and indirectly through the mediating role of organizational commitment. The research was conducted as a case study at the Regional Financial and Asset Management Agency of Pemalang Regency. The population consisted of all 51 employees of the agency, with a saturated sampling technique employed, thereby involving the entire population as the research sample. Primary data were collected using a structured questionnaire, and the data were analyzed using the Partial Least Squares (PLS) method. The findings reveal that both achievement motivation and human resource quality have a positive and significant effect on employee performance. Additionally, achievement motivation and human resource quality each positively and significantly influence organizational commitment. Organizational commitment, in turn, has a positive and significant effect on employee performance. Furthermore, organizational commitment is found to mediate the relationship between achievement motivation and employee performance, as well as between human resource quality and employee performance.
ORIGINAL RESEARCH ARTICLE | Aug. 12, 2025
Assessing the Influence of Intellectual Capital on Financial Performance of Quoted Manufacturing Firms in Nigeria
Aderemi Daniel ADEKANMI, Jumoke Yinka AKINDEHIN, Olubunmi Omotayo EFUNTADE, Omotola Oluwafunmise ADETULA, Olusola Daniel APALOWOWA
Page no 332-339 |
https://doi.org/10.36348/sjbms.2025.v10i07.002
A key global concern that relates to Intellectual Capital and Financial Performance of Listed Manufacturing Companies is that the measurement and disclosure models relating to intellectual capital are not standardized in various international markets. This paper has looked at the influence of intellectual capital on financial performance of publicly traded manufacturing firms in Nigeria. In particular, it examined the impact of structural capital, human capital and capital used on financial performance of these firms. The research utilized ex-post facto research design, which made it possible to analyze secondary financial data in detail. The subject of the research included thirty-three (33) listed manufacturing firms in Nigeria that were selected to include both industrial and consumer goods firms, as of December 31, 2024, listed on the Nigerian Exchange Group (NGX). Descriptive statistics and Random-effects Generalized Least Squares (GLS) regression were applied to analyze data. Results showed that both the components of intellectual capital are not statistically significant predictors of financial performance at a significant level, as the value of the Wald chi-square was insignificant. The regression results showed poor explanatory ability with a negligible contribution to financial performance variance. The findings imply that firm-specific heterogeneity, as opposed to intellectual capital revaluations across time, are the significant sources of financial performance variation. Though the intellectual capital has theoretical significance, its output as far as the financial performance of the Nigerian manufacturing sector is concerned, seems minimal. The research advocates that manufacturing firms ought to do a better job of recognizing and reporting on the components of intellectual capital; and policymakers need to come up with uniform reporting regimes to enhance financial transparency, comparability and strategic thinking in emerging markets.
The study examines the impact of macroeconomic aggregates on stock price in Nigeria. The study employs secondary data extracted from the Central Bank of Nigerian (CBN) Statistical Bulletin of 2023 and the international financial statistics (IFS). The methods of data analyses include the ordinary least squares multiple regression and the error correction mechanism on a time series data covering the period of thirty years (1994-2023). The findings of the study are that, the current level of money supply (DM2) has a positive and insignificant impact on All Share Index (ASI) in the short-run while the money supply (M2) in the long run has a negative relationship and a statistically significant impact on All Share Index (ASI), the current level of Interest Rate (DINTR) has a negative and insignificant impact on All Share Index (ASI) in the short run while interest rate (INTR) has negative relationship with the all share index (ASI) and not statistically significant, the current year of inflation rate (DINFR) has a negative and a statistically significant impact on All Share Index (ASI) in the short run while inflation rate (INFR) has a negative and a statistically significant impact on All Share Index (ASI), and the current level of consumer confidence index (DCCI) has a negative and statistically significant impact on All Share Index (ASI) in the short-run while consumer confidence index has a positive and statistically significant impact on All Share Index (ASI). A major recommendation of the study is that Government should reduce its participation in direct importation so as to enhance stock market indices in the Nigerian capital market.
This research area is to measure the dimensions of flower of services that affect the patients’ satisfaction in the hospitals. A systematic questionnaire was used to collect quantitative data for survey method. Objective: The purpose of the study is an attempt to assess the level of satisfaction from the perspective of different dimensions. Materials and Methods: The study was conducted in several renowned secondary level hospitals in Laksham Upazilla, Cumilla, Bangladesh. A questionnaire was designed based on 42 items based on the outcome-based literature review. SPSS is used to measure the result. Results: Consultation; one of the vital dimensions have great influence on patient satisfaction. Conclusions: The current study is specifically useful for the assessment of the health care system in tertiary areas of Bangladesh. The purpose of the study is an attempt to assess the perception and overall satisfaction of patients towards flower of services. The findings of the survey will be helpful for doctors and nurses to upgrade the level of satisfaction in hospitals.
ORIGINAL RESEARCH ARTICLE | Aug. 30, 2025
Interlocking Board Membership and Financial Performance of Publicly Quoted Companies in Sub-Saharan Africa
Osazevbaru Henry Osahon, Isiaka Ganiyu Abiodun, Aruoren Emmanuel Ejiroghene
Page no 353-362 |
https://doi.org/10.36348/sjbms.2025.v10i07.005
This study investigated the effect of interlocking board membership on financial performance of publicly quoted companies in sub-Saharan Africa. Ex-post facto research design was adopted and secondary data were obtained from yearly audited annual reports and accounts of publicly listed companies. The study was conducted using sixty (60) publicly listed companies drawn from all sectors in three (3) countries of sub-Saharan Africa namely; Nigeria, Kenya and South Africa, from 2013–2023. Data obtained were analyzed using descriptive, post-estimation, and inferential statistical techniques. The estimation technique was the generalized method of moment and the results revealed that interlocking board membership insignificantly influence financial performance proxied by return on assets of the publicly listed companies in sub-Saharan Africa. The implication of the finding is that board interlocking board membership is not a major driver of performance of quoted companies in sub-Saharan Africa. The study recommends among others that interlocking board membership should not be encouraged as the study found it insignificant in explaining financial performance.