Business Excellence and Management

23-37

Authors: Abiodun Babatunde ONAMUSI

This study assessed the effect of strategic response capability on firm competitiveness of selected paint manufacturers in Lagos State, Nigeria, more so, it ascertained the moderating effect of Omoluabi leadership on the interaction between strategic response capability and firm competitiveness. The study adopted a cross-sectional survey design and a sample of 343 employees of eighteen selected paint manufacturers in Lagos State, Nigeria. A hierarchical regression analysis to test three-way interaction hypotheses was conducted. The results showed that strategic response capability had a positive and significant effect on firm competitiveness (R2 = 0.46.3, F (1,341) 294.165, p= .000). Further analysis showed that the interaction term of strategic response capability and Omoluabi leadership explained the increase in firms’ competitiveness (ΔR2 =0.039, p=0.000) with the introduction of Omoluabi leadership as a moderator. The study through its findings established that strategic response capability enhances firm competitiveness through the deployment of Omoluabi leadership. Hence, this study recommends that firms should strengthen their strategic response capability and encourages leadership to imbibe the philosophy of Omoluabi leadership this is because such a leadership attribute potentially improves firm competitiveness.

49-67

Authors: Gbenga F. BABARINDE

This study investigates growth effects of foreign direct investment and financial deepening in Nigeria for the period 1981-2018. Data employed for this study were obtained from Central Bank of Nigeria Statistical Bulletin and World Development Indicators. Pairwise granger causality test and autoregressive distributed lag (ARDL) model were employed in the data analysis. Empirical results show that foreign direct investment (FDI) has positive significant effect on economic growth (GDP) in Nigeria both in the long and short runs. Financial deepening measured as broad money supply as a ratio of GDP (broad money velocity) has positive significant effect on GDP in Nigeria in the long run but the position is reversed to negative non-significant in the short run. In the long run, financial deepening indicator-credit to private sector as a ratio of GDP-, has negative non-significant effect on GDP in Nigeria while its influence is absent in the short run model. Findings also reveal a unidirectional causality from FDI to GDP. Likewise, unidirectional causality flows from GDP to each of the two financial deepening indicators, thus lending credence to the demand-following hypothesis. This study concludes that foreign direct investment and financial deepening have positive growth effects in Nigeria with causality flowing from foreign direct investment to economic growth and the latter granger-causing financial deepening in Nigeria. To boost economic growth, there is a need for Nigeria’s government to further develop the financial system and implement policies to stimulate FDI inflows to the country

82-93

Authors: Takupiwa Nyanga, Andrew Chindanya

Sexual harassment at workplaces significantly infringes the fundamental rights of both men and women to gender equality and social justice. The purpose of this study was to investigate whether sexual harassment at workplaces significantly affects job satisfaction among workers in SMEs in the construction industry. The study employed a purely qualitative research methodology to carry out the study. Convenience sampling technique was employed to select the 50 (fifty) participants who took part in the study. All the 50 workers who participated in the study were drawn from ten (10) SME construction companies in the city of Masvingo in Zimbabwe. Data was solicited using a 14-item face to face interview guide which was developed by the researcher. Data was analyzed and interpreted using the thematic data analysis method. The study established that sexual harassment at workplaces directly and indirectly affects workers in the construction industry’s job satisfaction levels. Sexual harassment at workplaces results in decreased work performance; increased absenteeism, loss of job or career, loss of income, being objectified and humiliated, loss of trust in the types of people that occupy similar positions as the harasser or his or her colleagues. Sexual harassment also leads to psychological disorders of victims. All the effects of sexual harassment negatively affect job satisfaction for workers in the construction industry. The study recommended that all arms of government responsible for enforcing sexual harassment laws and regulations should closely monitor sexual harassment activities in organizations and impose prohibitive sanctions upon the perpetrators. Organizations should also punish all the perpetrators of sexual harassment at workplaces.