IMPACT : International Journal of Research in Business Management

15-22

Authors: NWEKPA KENNETH C & EWANS CHUKWUMA

Business ethics is not only important but also required in every business relationship involving different interest and goals. Most organizations strive to co-opt ethical management principles as established code of conducts to mould employees’ perceptions, attitudes and value systems not only to be morally sound but to gain competitive advantage against its competitors. Ethics is a core management tool employed to enhance the required value system within its operational system through logical positivism and conditional normativism. This study was designed to examine the direction and magnitude of the relationship between Business Ethics and Corporate Performance in the Banking Industry with focus on selected banks in the South East, Nigeria. The study employed a survey type of research of which correlational design was used to determine the degree of the relationship between the studied variables. Structured questionnaire designed in an open-ended questions were administered to the sample drawn from the population of the study. The study concludes that the employment of ethical management practices within their operational system would enhance their performance and therefore, recommends that financial institutions should view codes of conduct as an indispensable tool that must continually be evaluated in order to shape employees’ behaviours in an attempt to meet the demands of the changing environment

31-44

Authors: SIMMYKURIAN & HAREESH N. RAMANATHAN

As the ubiquitous universe of social media continues to ever expand its horizons the faculty usage of social media is not very different from that of the larger population. While the faculty usage of social media in the classrooms makes them unique consumers of social media, this area still lags far behind the majority when compared to the usage of social media by other professionals. Faculty are sophisticated users of social media. Although the Faculty personal use of social media has shown a ever increasing trend the professional use of social media has lagged somewhat behind. A majority of faculty now use social media in a professional context (including all aspects of their profession outside of teaching). The number of faculty who use social media in the classroom still does not represent a majority.. They match different sites to their varying personal, professional, and teaching needs. In general, they see considerable potential in the application of social media and technology to their teaching, but not without a number of serious barriers. This paper attempts to ascertain the current faculty usage of social media. It also attempts to reckon the barriers that have deterred faculty from wide-scale usage of commercial social media tools in the classroom. A total of 87 faculty from various b-Schools were interviewed for the purpose of the study. The study used the Unified Theory of Acceptance and Use Technology (UTAUT) to ascertain the faculty perception towards social media Garret’s Ranking method to rank faculty preferences while choosing a social media site for teaching learning purpose. Statistical tools along with percentage analysis were used to analyze the data. The results indicated that although faculty had high effort expectancy, performance expectancy, behavioral intention, social influence and facilitating conditions for the adoption of social media their usage was largely found to be high for the purpose of reading /listening /watching content rather than for creation of new content. The study also reports the prime barriers to social media usage by faculty as the lack of integration of social media with the learning management system, lack of social media effectiveness measures and privacy concerns

61-66

Authors: PAGUDALA SUCHITRA & PAGUDALA SHEEBA RANI

Although the Indian Capital Market witnessed some significant changes in the eighties, both the primary and the secondary segments continued to suffer from serious deficiencies’. Many unhealthy practices prevailed in the primary market to attract retail investors and the high cost of new issues. Although over the years, number of agencies had increased, offering different types of services in connection with the new issues of capital, their activities were not overseen by any regulatory authority. The problems were even more serious in the secondary market. The general functioning of the stock exchange was not satisfactory. The exchanges were governed by their internal byelaws and managed by the governing bodies, which were dominated by elected member brokers. Trading members were also not adequately capitalized. Insider trading was rampant and was one of the major causes of excessive speculative activity, leading to default by stock brokers, frequent payment crisis and disruption of market activity. This in turn led to Lack of transparency in trading operations, besides resulting in long and uncertain cycles. This paper makes an attempt to look into the developmental role of capital market, facilitated by the role of SEBI and its never evasive role in the economic development of the nation. Stock exchange being an essential component of developed capital market brings together large amounts of capital necessary for the economic progress of the country. Since 1988, SEBI has been playing a significant role in regulating the Indian Capital market

77-88

Authors: ROBERT KIPROP CHELAGAT & JOSPHAT KWASIRA

The current study sought to establish strategic positioning of procurement functions in Elgeiyo Marakwet County. The objectives of the study were to determine strategic position of procurement function in Organizational Structure and effects on service delivery and the effects of government policy on strategic positioning of procurement functions in Elgeiyo Marakwet County, Kenya. Descriptive survey design was adopted in this study; the target population was all the employees in administrative position at various departments. Cluster, purposive and simple random sampling was used to select the respondents. Questionnaires and key informant interviews was employed in data collection. Descriptive statistics summarized the data into frequencies and percentages while inferential statistics indicated the relationship between procurement positioning and service delivery. The study established that the position of procurement function in the organization structure influence service delivery in the County Government. The study findings indicated that decision making for procurement lies with the county executives making procurement functions highly centralized. The Chief procurement officer is not strategically positioned to take part in procurement decision. Concerning the organization in the procurement department, it was found that procurement staffs have a good knowledge of the Counties strategic goals, procurement functions are included in the County strategic planning process, The County government develops procurement staff to develop some elements of competitive strategy. The study findings indicated that the procurement policy is quite comprehensive in addressing various sectors in procurement which include: setting standard procurement guidelines that are aimed at enhancing competition, efficiency and value for money, requiring adoption of e-procurement to enhance transparency and competition in the procurement functions, stipulating composition of the procurement committee in the County government and requiring publication of tenders in the medium that allow large number of audiences to access. It was noted that the policy does not stipulate the positioning of the procurement function.