Sumerianz Journal of Business Management and Marketing

    
Online ISSN: 2617-0175
Print ISSN: 2617-1724

Quarterly Published (4 Issues Per Year)

Journal Website: https://www.sumerianz.com/?ic=journal-home&journal=27

Archive

Volume 3 Issue 11 (2020)

Corporate Governance and Financial Performance of Listed Healthcare Sector Companies in Nigeria

Authors : Lyndon M. Etale ; Seth W. Tueridei
DOI : doi.org/10.47752/sjbmm.311.174.182
Abstract:
The Healthcare sector companies are veritable investment companies on the Nigerian Stock Exchange. The study aimed to investigate the effect of corporate governance and financial performance of listed healthcare sector companies in Nigeria. It employed the ex-post facto research design and equally used secondary data generated from the annual report and accounts of all eight (8) sampled listed healthcare sector companies in Nigeria from 2008 to 2019. The sample size was arrived at by using a purposive sampling technique. The study analysed the data using least square, descriptive and covariance techniques. It adopted Tobin-Q as a measure for firm financial performance, whereas corporate governance variables include board size, board independence and managerial ownership. From the empirical results, the study concludes that there are some level of significance between financial performance and two out of the three corporate governance variables (board independence and managerial ownership). However, the correlation result shows no relationship among the variables examined. The study, therefore, recommends that companies in the healthcare sector should as a matter of necessity embrace complete compliance to corporate governance structure in order to attract the tremendous benefits and improve corporate financial performance therein. This could be done simultaneously with the governance structure at the district, state or hospital level to achieve greater performance. More so, further studies could examine other corporate governance variables together with the already examined variables in this study. Other financial performance variable could also be employed to ascertain any relation or significance among them for the healthcare sector companies.

Pages: 174-182

Work Supervisors’ Leadership Styles and Labourers Performance of Northern Province, Sri Lanka

Authors : N. Sooriyakumaran ; S. Logeswary
DOI : doi.org/10.47752/sjbmm.311.167.173
Abstract:
Leadership style is one of the strategies to influence the performance of the employees of the organization. Main Objective of this research is to identify the impact of work supervisors’ leadership styles on Road Maintenance labourers’ performance in the Road development Authority, Northern Province. However, a part of the aims is to introduce the best leadership approach to increase the performance of RDA Road Maintenance Labourers working in the field. The research used mixed method approach with descriptive and inferential method to determine the effect of leadership styles on employee performance. The full range leadership styles of transformational, transactional, laissez faire and autocratic (independent variables) were considered with labourers performance (dependent variable). The sample population of the study is comprised of the 200 Road Maintenance labourers of the Northern province RDA. Simple random sampling techniques were used in this research. Two part of questionnaires were used to collect data on profile of sample and variables. SPSS 25 software was used to calculate inferential analysis of correlation and regression to test the hypothesis. The results from both analyses show that Transactional and Transformational leadership styles significantly impact on Road Maintenance labourers performance at the level of 0.05 (P-0.044) and 0.01(P-0.006) respectively effect on employee performance. Overall leadership styles are impact on labourers performance at the level of 0.01 level (0.008). From the results, transformational and transactional leadership have greater effects on labourers’ performance. It is recommended therefore that Transformational and transactional leaderships of work supervisors are the most effective leadership styles which are recommended for the RDA management to follow this HR practice by their work supervisors in order to increase the performance of RDA labourers.

Pages: 167-173