Journal Articles

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12504/188

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Now showing 1 - 9 of 9

Social - financial effects of universities’ closure due to COVID-19 on students’ learning resilience
(African Journal of Education, Science and Technology (AJEST), 2022-06) Mukokoma, M. N.; Arinda Christone
The disruption experienced in the University education system of Uganda caused by the COVID-19 pandemic is unprecedented. The purpose of the study was to investigate the social-financial effects of Universities’ closure due to COVID-19 pandemic on students’ learning resilience. The investigation was guided by the trait resilience and social learning theories in the context of the need’s theory framework. A case study design was used and data was collected using an on-line questionnaire from 328 randomly selected students of Kyambogo University. Also, postings from student social media platforms were analysed to enrich the findings. The results indicate a decline in the students’ learning resilience from very high to moderate before and a year and half into COVID19 pandemic. Additionally, the regression results reveal that social-financial aspects explain 40% (R2 = 0.404) of the variability in student’s learning resilience. Therefore, efforts by University management, lectures, peers and family members to enhance students’ learning resilience should address the social and personal finance aspects of students in terms of having responsible social support networks and interactions on top of managing personal finance wisely. The theoretical implication is to imbue resilience and social learning theories into Maslow’s hierarchy of needs theory to generate a broad perspective of learning resilience.
Financial sustainability of private universities in Uganda: a critical perspective
(African Journal of Education, Science and Technology, 2021-01) Mukokoma, M. Nalwoga
The role of Universities in the development of any economy cannot be underrated. Universities contribute significantly to the achievement of global and National strategic educational goals. These goals cannot be achieved without having financially sustainable Universities. Indeed, education reforms have contributed to the increased concern towards financial sustainability of Universities worldwide and Uganda in particular. This paper offers a critical analysis of the financial sustainability of private Universities in Uganda especially in the context of the COVID- 19 pandemic. A list of 39 legally recognized private Universities was obtained from National Council for Higher Education as per 2019. From the obtained list, Universities that had not been in existence for five years were left out. Also, Universities that prepared their financial reports following different standards rather than International Accounting Standards were left out. Finally, financial reports of 34 Universities were used. Data from audited financial reports for the financial year ending 2019 was used. A composite measure of financial sustainability was used to categorize universities in four groups as absolute, normal, unstable and critical financial sustainability. The results indicate that only 19% of the universities are financially sustainable falling in the categories of either absolute or normal financial sustainability. The majority of universities (81%) are either unstable or in critical financial sustainability category. The study calls for an urgent mitigating intervention from owners and managers of these universities with full support of the Government if the Institutions are to achieve their mission amidst the financially devastating effect of the COVID 19 pandemic. Only Universities with sound financial structures and stable income flow will be able to fulfill their multiple missions and respond to the current challenge especially those caused by the COVID pandemic. Financial sustainability turnaround strategies should be embraced, otherwise the survival of many private Universities in Uganda is at stake.
Linking green product, process, and finance innovations to firm competitive performance : insights from Namanve industrial cluster, Uganda
(Journal of Business and Social Sciences, 2025-12-14) Ahabyoona, Faith Mugisha; Mugisha, Henry; Lumu, Emmanuel Roy Muyingo; Bisaaso, Rita
This study examined how green product, process, and finance innovations influence the competitive performance of manufacturing firms in Uganda’s Namanve Industrial Cluster. Guided by Porter’s Green Innovation Theory and Financial Innovation Theory, it argues that environmentally driven innovations enhance operational efficiency and competitiveness when supported by effective financial mechanisms. Using a cross-sectional survey design and quantitative approach, data were collected from 51 of 54 targeted firms (response rate = 94.4%). Correlation results showed significant positive associations between green product (r = .465**, p < .01), process (r = .546**, p < .01), and finance innovations (r = .749**, p < .01) with competitive performance. Hierarchical regression indicated that these variables jointly explained 67% of the performance variance, with green finance exerting the strongest predictive effect (β = .521, p < .01). The study concludes that green finance amplifies the performance impact of product and process innovations and recommends integrating circular economy practices and financial incentives to enhance sustainable competitiveness
Dynamic capabilities and institutional size of financial cooperatives
(Practical Action Publishing, 2020) Michael, Omeke; Pascal, T. Ngoboka; Isaac, N. Nkote; Isaac, Kayongo
The study examines the relationship between dynamic capabilities and institutional size of financial cooperatives. A mixed research design was adopted to study 269 savings and credit cooperatives (SACCOs) in Uganda. Structural equation modelling and content analysis were carried out. The results indicate that dynamic capabilities and institutional size of financial cooperatives are significant and positively related. Further, the constructs of dynamic capability of coordination, learning, and competitive response contribute to the increase in membership, capital base, returns to members, and portfolio quality of SACCOs. The study concludes that the size and development of financial cooperatives depends heavily on the institutional and managerial capabilities for coordination, learning, and competitive responses to the environment. The study’s contribution is to highlight the complexity of the environment in which the financial cooperatives operate and the importance of dynamic capabilities to succeed.
Complexity behavior in financial cooperatives
(Springer Nature Switzerland, 2021) Michael, Omeke; Pascal, T. Ngoboka; Isaac, Nabeta Nkote; Samuel, Mayanja
In a complex and competitive business ecosystem, market responsiveness, diverse management, and governance approaches are instrumental to achieve sustainable enterprise growth and development. This differs from the traditional command and control approaches of management bounded to inflexible rules and regulations, which inhibit innovation in organizations (McMillan 2008). Anderson (1999) observed that organizations operate in complex, nonlinear, and unpredictable environment. In the developing world, financial cooperatives (FCs) are faced with competitive pressures and witness unpredictable changes in their business operations in the ever-changing business environment.
Symbiotic resonance, nexus of generative influence, ecologies of innovation and opportunity exploitation among small and medium enterprises
(Journal of African Business, 2022) Samuel, Mayanja; Joseph, M. Ntayi; Michael, Omeke; Moses, M. Kibirango; Henry, Mutebi
This paper used a quantitative cross-sectional survey design to collect data from 228 small and medium enterprises (SMEs) in Uganda to test the mediating role ecologies of innovation in the relationship between symbiotic resonance, nexus of generative influence and opportunity exploitation, but also, the moderating role of firm size in the relation-ship between symbiotic resonance and ecologies of innovation. The mediated – moderated hypotheses were tested through Partial Least Square Structural Equation Modeling (PLS-SEM) using SmartPLS ver-sion 3.3.0. The study found that ecologies of innovation positively and significantly mediate the relationship between nexus of generative influence and opportunity exploitation. Additionally, we confirmed that firm size moderates the relationship between symbiotic resonance and ecologies of innovation. Managers of SMEs and policy makers should pay more attention to situations where the owner/manager can act as a leader to influence employees positively, create an enabling environment, provide feedback, allow employee to deviate from norms.
Dynamic capabilities and enterprise growth: the mediating effect of networking
(World Journal of Entrepreneurship, Management and Sustainable Development, 2021-01) Michael, Omeke; Pascal, Ngoboka; Isaac, Nabeta Nkote; Isaac, Kayongo
Purpose Enterprise growth drives competitiveness, innovations, employment creation, income generation and social inclusion in societies. The purpose of this paper is to examine the mediating effect of networking on the relationship between dynamic capabilities and enterprise growth of financial cooperatives. Design/methodology/approach This is a cross-sectional survey and quantitative study of 269 financial cooperatives based on structural equation modelling and bootstrapping techniques analysis. Findings The results reveal that dynamic capabilities are vital in promoting the growth of financial cooperatives. In addition, networking partially enhances the contribution of dynamic capabilities to the growth of financial cooperatives. Therefore, dynamic capabilities and networking play a key role in promoting the growth of financial cooperative enterprises. Research limitations/implications This was a cross-sectional survey. It did not trace the changes in behavioural and attitudinal aspects of enterprise growth over time. A longitudinal approach is recommended. Practical implications It is imperative that managers of financial cooperatives enhance their coordination, learning and competitive response capabilities through consultation, exchange and sharing of information among staff and other stakeholders, to increase the membership, capital and income volumes, depicting growth of financial cooperatives. Originality/value This study provides an insight on the mediating effect of networking on the enterprise growth of financial cooperatives in developing countries founded on networks theoretical framework. Unlike previous studies that modelled direct relationship of enterprise growth.
The mediating role of the novelty ecosystem between personality traits, entrepreneurial networks and entrepreneurial ambidexterity among small and medium enterprises
(Journal of Global Entrepreneurship Research, 2021-06) Samuel, Mayanja; Michael, Omeke; Josue, Vajeru Tibamwenda; Henry, Mutebi; Fredrick, Mufta
This paper examines the mediating effect of the novelty ecosystem in the relationship between personality traits, entrepreneurial networking and entrepreneurial ambidexterity. Three hundred eighty-two SMEs in Kampala, Uganda, were studied to explore the influence of the novelty ecosystem. The results show that novelty ecosystem mediates the relationship between personality traits, entrepreneurial networking and entrepreneurial ambidexterity. This suggests that novelty ecosystem is a conduit through which personality traits and entrepreneurial networking relate to entrepreneurial ambidexterity. Business owners/managers should, therefore, create an enabling environment for employees to interact, learn from others through constructive feedback and tolerate learning through slip-ups and putting in place flexible policies to allow creativity. In effect, business owners/managers should create environments that are conducive to opportunity exploration, tension and exploitation.
Employee turnover and the social outreach (breadth): international evidence from the microfinance industry
(Social Responsibility Journal., 2023-02) Mia, Md Aslam; Jibir, Adamu; Michael, Omeke
Purpose – Earlier studies on employee turnover have invested enormous scholarly mileage to understand and address human resource challenges. Considering the substantial evidence on the negative and non-linear relationship between employee turnover and firms’ performance, the purpose of this study is to investigate the effects of employee turnover on the social outreach (e.g. breadth of outreach) of microfinance institutions (MFIs), also known as the financial inclusion agenda of the Sustainable Development Goals. Design/methodology/approach – To achieve the study objective, the authors collected unbalanced panel data of 1,391 MFIs, covering a total of 96 economies and a period of 2010–2018. The organizational and macroeconomic data were obtained from the World Bank’s Mix Market and World Development Indicators databases, respectively, and subsequently analysed using the pooled ordinary least squares, random effects model, fixed effects model and generalized method of moments. Findings – Overall, the authors found that employee turnover has a positive impact on the social outreach of MFIs, which suggests that employee turnover reduces organizational blindness and groupthink, potentiates efficiency gains and minimizes retention costs. On the contrary, this study does not find evidence of a non-linear effect of employee turnover on the outreach objectives of MFIs. Meanwhile, these effects were observed to vary depending on the proxy, sub-samples and techniques used in the analysis. Originality/value – Motivated by the paucity of literature, the study has uniquely investigated the effect of employee turnover on the social outreach objective of MFIs by using relatively recent and global-level data. The study findings can help managers and the human resource departments to make optimum decisions about employee turnover management.

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