IMPACT : International Journal of Research in Business Management

7-14

Authors: M. SHARMEEN FAROOQ & VENU THYAGARAJAN

The ultimate test of corporate strategy is whether a firm creates economic value for its shareholders. A decade ago there was considerably less knowledge about shareholder value and doubt about its relevance to corporate governance. But in today’s economy it is essential to excel at measuring, managing and maximising shareholder and company value. The complexity of measurement of value deals not only with company’s historical financial results but also with its ability to create value in the future. The article seeks to compare the various valuation methods and bring out the advantages, limitations and suitability of the same.

21-28

Authors: B. SWATHI

This paper has been designed to review the existing literature available on HRM Practices. The purpose of this paper is to develop an understanding of HRM Practices and to examine the unique HRM practices implemented by different companies. Human Resource is the most important asset for any organization and it is the source of achieving competitive advantage. Managing human resources is very challenging as compared to managing technology or capital and for its effective management, organization requires effective HRM system. In this paper, an endeavour has been made to provide an overview of various aspects of Human Resource Management practices through the review of existing literature. The sources referred include various journals, books, doctoral thesis, working papers, reports, magazines, internet sites, newspapers etc and has been reflected as references at the end.

47-56

Authors: HOPE NGOZI NZEWI & NKECHI CORDELIA OJIAGU

This study investigated Women August Meeting and Socio-Economic Development of selected Communities in Anambra State. The objectives of this study are to assess the perception of members on whether training in skill acquisition has enhanced their income generation; and to find out the extent to which soft loan provision has facilitated investment in micro businesses. Descriptive survey research design was employed and data were analyzed with mean and standard deviations. One sample t-text of significance and Kruskal-Wallis test of independence were used to test the formulated hypotheses at 5% (percent) level of significance. Findings revealed that there is significant difference in responses of members that training in skill acquisition has enhanced their income generation. Besides, investment in micro-business depends on soft loan given to August Women members. It is therefore recommended that women should create new strategies for sourcing funds outside the churches and the government at all levels (local, state and federal) should provide grants to the women for comprehensive training in skill acquisition and establishment of micro-businesses. We therefore advocate that for any meaningful socio-economic development of communities in Anambra State, the Women August Meeting should elicit adequate financial and technical support from government and all stakeholders, [Inter-Agency Network on Women and Gender Equality (IANWGE), Women for Change Initiative and Non-Governmental organizations in the society].

71-80

Authors: SMITA MEENA

In India, the concept of mergers and acquisitions (M&A’S) was initiated by the government bodies. Corporate sector of India was restructured by financial organizations by adopting the M&A policies. This research aims to study the future prospects of worldwide M&A’s, and the role of Indian industries in global scenario. The present study tries to understand the extent of external deals made by India. The results reveals that Indian markets have witnessed burgeoning trend in mergers which may be due to business consolidation by large industrial houses, consolidation of business by multinationals operating in India, increasing competition against imports and acquisition activities. M&A’s have begun to gain momentum in India; there is plenty of examples of M&A provided in this research which proves that Indian industries have already entered into the M&A process of value creation.

93-106

Authors: PAUL EDABU & IJEOMA BLESSINGS ANUMAKA

This study was to investigate the way motivation tools are applied in private universities in central Uganda as a mechanism for encouraging academic staff to conduct assigned work, to establish the difference caused by gender in the way motivation tools are applied among private universities in central Uganda. The descriptive comparative survey designs involving ex-post facto design. 665 respondents participated in the study. They included professors, associate professors, senior lecturers, lecturers, assistant lecturers and teaching assistants. The respondents were selected using Sloven’s formula. The proportional stratified sampling technique was employed. While universities were selected using simple random sampling. Data was collected from four private universities which included: 215 academic staff of Kampala International University, 77 academic staff from Nkumba University, 65 academic staff from Uganda Christian University, and 37 academic staff from Cavendish University. Using 2 sets of non-standardized and research devised questionnaires. Data were analyzed using descriptive analysis and Independent t- sample test. The way motivation tools were applied was disagreed which alludes to unmotivated. There was no significant difference caused by sex in the way motivation tools are applied in private universities in central Uganda. In conclusion, academic staffs were unmotivated leading to low productivity. The researcher recommended that salary offered should be based on labor market conditions, cost of living, and performance in order to retain and avoid high labor turnover of the staff.