Business Excellence and Management

21-40

Authors: Jackline Akoth ODERO

The main objective of this study was to establish the influence of transactional leadership style on strategic plan implementation as moderated by organizational culture in private sugar manufacturing firms. Descriptive and correlational research designs were used. A Structured questionnaire was used to collect primary data from a sample of 144 respondents in private sugar manufacturing firms in western Kenya. Descriptive and inferential statistics were used to analyze data. Findings revealed a significant and positive relationship between the transactional leadership style and strategic plan implementation. Further organizational culture did not moderate the relationship between transactional leadership style and strategic plan implementation. The study recommends for leaders in private sugar manufacturing firms to capitalize on transactional leadership style through rewarding staff who accomplish required goals, specifying standards to be adhered to and intervening when issues arise in order to foster effective strategic plan implementation. The current study contributes to the existing literature as it underscores the value of transactional leadership style in accentuating strategic plan implementation in private sugar manufacturing firms. Further it delves into the moderating effect of organizational culture on the relationship between transactional leadership style and strategic plan implementation.

59-76

Authors: Ali GOLSHANI, Hossein ADAB, Abolghasem SARABADANI, Masoud SHAFAGHI

Technology valuation is needed by companies in today's knowledge-based economy. The intangible nature of technology, influence of environmental factors and conditions on it, have made calculating its value complicated. At present, a large part of the country's economic activities in the technological ecosystem is carried out by companies and startups, whose growth and development are possible with the influx of capital. Therefore, the aim of the upcoming research was to identify dimensions and explain the technology valuation model in Iranian startups. The approach of the research is qualitative, and in the research process, the Grounded Theory has been used. The 10 participants including active experts, policymakers, consultants, and CEOs in Iran's startup ecosystem, were selected by using the purposeful sampling method and analyzed by using the content analysis method. Participants identified factors such as lack of technology valuation requirements, bubble of startups claiming technology, innovation as causal factors, technology brokers and conflict of interests as interfering factors in the strategies of the desired phenomenon, development and promotion of technology valuation discourse, transformation of existing knowledge in the field of technology to valuable knowledge, leadership and idea management and localization of technology valuation as solution-oriented strategies, benefits of calculating the real value of technology and valuation process itself regardless of the result were expressed as the consequences of expanding the technology valuation model in Iranian startups. In this way, the dimensions of the desired model were extracted and explained.

96-112

Authors: Peter Sunday DARAMOLA, Tunji SIYANBOLA

Share price shows the strength of a business enterprise in the stock market and reflects investors’ perception to earn income in the future. Accounting variables have an impact on share price, however studies on accounting variables and share price have produced conflicting findings, necessitating additional empirical research. This study examined the relationship between accounting variables and share price of Deposit Money Banks (DMBs) quoted in Nigeria. Ex-post facto research design was employed in the study. The population of the study consisted of twenty-two (22) DMBs quoted on the Nigerian Exchange Group (NGX) as at December, 2019. Ten listed DMBs were selected using judgmental sampling technique. Data were collected from audited financial reports of the selected quoted DMBs for 10 years from 2010 to 2019. The study used descriptive and inferential statistics to analyse data. The results indicated that accounting variables without moderating effect of age and firm size impact market share price (MSP) with Adjusted R2 of 0.698, F -Statistic of 46.661 and p-value of 0.000. It was also revealed that with moderating effect of age and firm size, accounting variables significantly affect market share price with Adjusted R2 of 0.699, F-statistic of 33.896 and p-value of 0.000. The study concluded that accounting variables have significant impact on MSP of DMBs. The study recommended that Directors of DMBs in Nigeria should ensure prompt payment of dividends to shareholders and investors should use dividend per share (DPS) to predict MSP of DMBs quoted on the NGX.