CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In a competitive economy, it is clear that investments are undertaken due to the available benefits perceived or which they provide to the investors. Investment in securities are for the purpose of earning income which could be in form of dividends, profits or/capital gains. With this … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The issue of corporate governance and firm performance has dominated much of intellectual discussions in the last two decades. The discussions were not unconnected with the various corporate scandals that rocked giant corporations in the US and other parts of the world which have called to question … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The increasing number of high profile corporate failures around the world has sparked off a lot of enquiry as to the reasons why well-established and respected companies failed. Corporate failure today is a global issue. On the international scence we saw the overlaps of large companies like Enron, … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Vision was mostly a concept of researchers who studied political leadership and the leadership of social or religious movements before the 1980s (Kantabutra, 2008a:128). It was rarely considered within the leadership and corporate literature. Only in the past couple of decades has vision been extensively discussed in … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Business firms operate in a society to satisfy individual and social needs through the production of goods and services. Their decisions influence and are influenced by what is happening in the society. The social economic and political institutions that make up a society constitute in a broad … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY It is traditionally believed that behind the establishment of any business concern is the profit motive. It is the intention to recoup any fund committed or invested in any business that keeps the enterprenuer to be motivated in entrepreneurial capability. This traditional view of business orientation … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The development of corporate planning is a post world war II phenomenon. Before the period of the world war II, almost all business enterprises were carrying on their business affairs without stating any formal objectives or formal long range business plans. Usually business planning was confined … Read more
CHAPTER ONE: Introduction BACKGROUND OF THE STUDY Planning is an inescapable part of all rational human activity. Since business is one of those rational human activities, planning is of great importance to ensure efficiency in the discharge of business responsibilities. Apart from being one of the basic elements of management, planning has an aspect, which … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Corporate governance is a system by which companies (business organizations) are directed and controlled. Dignam and Lowry (2006:4) define corporate governance as a set of processes, customs, policies, laws and institutions affecting the way a corporation (organization) is directed, administered or controlled. They went further to state that … Read more
CHAPTER ONE 1:0 INTRODUCTION In the recent time there have been an increasing number of high profile corporate failures around the world, has sparked off a lot of enquiry as to the reasons why well-established and respected organization failed. Actually, corporate failure today is a global issue, on the international science the global … Read more