Business Excellence and Management

18-34

Authors: Mădălina Viorica MANU, Ilie VASILE

This paper aims to challenge the conventional wisdom in finance by studying the success factors of the development of unicorn companies as the most successful and fastest-growing start-ups/ established firms. Romania is now on the map of the International Unicorn Club, with two young Unicorns in technology, since 2018. The purpose of the paper is to analyze mergers and acquisitions and companies valued more than $1B. The research questions to be answered are: What is the value of control in mergers and acquisitions? Why the initial estimates of a company’s value can be very wrong? The market approach in this research allows the readers understand the context of the phenomena analyzed and the information on comparable transactions. The work to be discussed in the paper is the importance of choosing one valuable objective of the company, in the context of the theory of the value maximization as the single important objective of a company. The model of enterprise value for listed companies should encompass a market variable, such as the value of financing a sector gets and the ownership (control) variable

19-33

Authors: Abdullahi Saheed USMAN,Oluwaseyi Joseph AFOLABI,NWOYE Casmier Friday

Nigeria as a littoral state with a coastline of slightly above 800 kilometers and located in the Gulf of Guinea (GoG) region puts the government in a position that requires her to deploy resources to combat the menace of piracy and sea robbery. Pirate activities affected not only the maritime transport sector, but the other forms of maritime economic activities. The fishing industry also got her fair share of this menace despite the contribution of the industry to the society. The activities of pirates and sea robbers and their impacts on fishing industry in Lagos coastal area was investigated using structured questionnaire deployed to relevant stakeholders in the fishing business in Lagos area. This research interrogates possible factors that create the enabling environment for piracy to flourish. The study revealed that the inability of government to effectively curb activities of these criminals was to some extent influenced by corruption, poverty and inequality in the society. Financial loss to the nation due to the menace was found to be alarming and has forced several fishing companies out of business to the extent that only few fishing vessels (trawlers) are currently in operation in the area of study. The research confirmed negative effects of piracy on sea businesses, particularly fishing activities, which was the crux of this investigation. The study recommends, amongst others, the Nigerian government should evolve sound resource management and equitable allocative practices to leverage the enormous natural resources and oil affluence to effectively address the cacophony of economic afflictions and legal framework should be revisited, reviewed, reformed and harmonized.

47-58

Authors: Takupiwa NYANGA, Rosemary SIBANDA

Employee wellness is one of the key and most essential antecedents to employee and organizational performance. Organisational performance heavily depends on the health and wellness of employees and their attitude towards their work. The study explored the relationship between wellness programs and job satisfaction for workers in armed conflict societies. The study focused on one wellness program; that is the establishment of organizational onsite health centers. A quantitative research methodology was employed to carry out the study. A questionnaire was used to solicit data from 50 people who witnessed or directly or indirectly participated in the war of liberation in Zimbabwe and the civil war in Mozambique. Descriptive statistics was used to analyze the collected data. The study established that there is a strong relationship between the establishment of onsite health centers and job satisfaction. All the major services of health clinics such as provision of health services to the injured during the war, provision of counseling services, provision of physical fitness programs and provision of ill-health prevention services showed a strong relationship with job satisfaction. It was recommended that all organizations operating in armed conflict societies should establish health centers within their premises to provide health services to the physically and emotionally injured employees

14-20

Authors: Mădălina Viorica ION (MANU), Ilie VASILE

This paper inventories some of the essential traits of the software preferred by researchers, students and professors, such as R or RStudio, or Matlab and also their possible utilizations. In order to fill the gap in the Romanian literature and help finance students in choosing proper tools according to the research purpose, this comparative study aims at bringing a fresh, useful perspective in the relevant literature. In Romania, the use of R was the focus of several international conferences on official statistics held in Bucharest, and others having business excellence, innovation and sustainability as purpose. In this time, at global scale, R and Python programming languages are considered the lingua franca of data science, as common statistical software used both in corporations and academia. In this paper, I analyze basic features of such software, with the purpose of application in finance.

17-32

Authors: Neralla NARSAIAH

The demonetization footstep by the Government of India twisted complicated influences in the economy. Complete sectors of the economy had faced and produced mixed sensation results over the decision of demonetization. India’s financial services struggled with demonetization; on the other hand, demonetization affects utmost over the banking sector because it is substantial influenced services to transform money circulation in an Indian economy. Eradicating components of currency notes from circulation in an economy is demonetization. It is as the processes of components of money are denied the status of legal tender. Consequently, ceased currency notes will not be account as valid currency in an economy. The term ‘demonetization’ is an instrument to shrink Inflation, Black Money, Corruption and terror funding, this step discourages a cash dependent economy in India. Government of India drive towards demonetization has given a strong push to the popularity of digital banking and made helps with the alternative arrangements of e-banking and e –wallet to trade and commerce. Exploring the demonetization emergence in an economy and impact on banking services ecosystem dynamics, this study take an abductive approach anchored in over 4 years of case study data regarding. The present study foremost intention is to be analyzing the demonetization impact over banking loans and advances. In this regard the present study is to be examining the pre demonetization and post demonetization period.