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Article
Publication date: 2 December 2019

Orhan Akisik and Mzamo P. Mangaliso

The purpose of this paper is to examine the relationships between International Financial Reporting Standards (IFRS), types of foreign direct investment (FDI) – greenfield…

Abstract

Purpose

The purpose of this paper is to examine the relationships between International Financial Reporting Standards (IFRS), types of foreign direct investment (FDI) – greenfield investments (GFIs) and mergers and acquisitions (M&As) – and economic growth in 49 African countries between 2003 and 2017.

Design/methodology/approach

In the study, panel data fixed effects and generalized method of moments estimation techniques are used in order to test the hypotheses.

Findings

Using country-level data obtained from the World Development Indicators, The United Nations Conference on Trade and Development and World Governance Indicators websites, the authors find that IFRS and the types of FDI are significantly related to economic growth. Moreover, our results provide evidence that the effect of GFIs and M&As on growth is influenced by IFRS positively.

Research limitations/implications

With a handful of exceptions, most African countries do not have active stock markets. Therefore, the authors were unable to determine the effect of capital markets on growth.

Practical implications

FDI has the potential to contribute to economic growth and quality of life. Our findings suggest that policymakers should create incentives for attracting FDI and effective enforcement of IFRS in order to unleash the benefits of FDI on their economies.

Originality/value

The study provides important insights into the effects of types of FDI on the economic growth of African countries and into the role that IFRS play on this relationship.

Details

Journal of Applied Accounting Research, vol. 21 no. 1
Type: Research Article
ISSN: 0967-5426

Keywords

Book part
Publication date: 1 August 2012

Mzamo P. Mangaliso and Alfred O. Lewis

Purpose – The goal of the chapter is to propose a different approach to conducting strategic management research in emerging market countries (EMCs) by moving away from the…

Abstract

Purpose – The goal of the chapter is to propose a different approach to conducting strategic management research in emerging market countries (EMCs) by moving away from the current practice which ignores the fundamental differences in the infrastructural context and philosophical worldviews between EMCs and the industrialized countries of the West.

Design/methodology/approach – Most of the conceptual and theoretical foundations of strategic management are based on the Western, Anglo-Saxon context. In this chapter, we argue that the differences between developed nations and EMCs are paradigmatic and extend the whole gamut from epistemological to ontological and ideological differences. These differences are typically superficially treated by investigators whose research merits are judged by their quantitative rigor and other positivist yardsticks. We borrow from the work of (Guba & Lincoln, 1994) and suggest that the choice of the research design be matched with the goal and intended outcomes of the research. For example, exploratory research intended to uncover and understand the fundamental concepts from the EMC worldview should be matched with an emic approach and phenomenology and hermeneutics research methods. Confirmatory research intended to test the generalizability of the concepts should be matched with an etic approach, and multiple case studies, questionnaires, as the most appropriate research designs.

Findings – We believe that research designs that take these factors into account are likely to deliver results that are more robust and representative of the true realities in emerging market countries. Furthermore, the bias toward empirical and quantitative approaches was clearly delineated to further support the need for a more comprehensive approach in conducting research in the field of strategic management.

Originality/value – This chapter contributes to the ongoing discourse and conversations about conducting the research in strategic management more responsive and engaging with people in emerging market countries rather than dictating to them what they need to learn and know. A more enriched discourse will likely come out of such interactions which would strengthen the discipline due to the utilization of multiple approaches to conducting research in diverse environments.

Details

West Meets East: Toward Methodological Exchange
Type: Book
ISBN: 978-1-78190-026-0

Keywords

Article
Publication date: 28 November 2024

Raavee Kadam and George Frempong

The increasing calls to integrate Indigenous perspectives and address the colonial foundations of business schools necessitate a profound shift in educational systems. Such a…

Abstract

Purpose

The increasing calls to integrate Indigenous perspectives and address the colonial foundations of business schools necessitate a profound shift in educational systems. Such a change mandates a transformation that acknowledges diverse knowledge systems and methodologies, moving beyond the dominant Western paradigms.

Design/methodology/approach

Our paper introduces the Africentric philosophy of Ubuntu and explores its potential to decolonize management education and support the development of inclusive classrooms. Ubuntu, encapsulated by the notion “I am because you are”, asserts the intrinsic interconnectedness of humanity. Our exploration of Ubuntu includes a bibliometric analysis to map the intellectual structure of Ubuntu within management and educational contexts.

Findings

We posit that Ubuntu has the potential to offer newer perspectives on personnel and organizational management that are human-centric and emphasize the common good. The results of the bibliometric analysis reveal key publications, influential scholars, institutions and leading journals actively engaged in Ubuntu-centric research along with key research trends.

Originality/value

This research offers a holistic view of Ubuntu research in the fields of management and education using a bibliometric method.

Details

International Journal of Educational Management, vol. 39 no. 1
Type: Research Article
ISSN: 0951-354X

Keywords

Content available
Book part
Publication date: 1 August 2012

Abstract

Details

West Meets East: Toward Methodological Exchange
Type: Book
ISBN: 978-1-78190-026-0

Open Access
Article
Publication date: 12 March 2024

Nana Adwoa Anokye Effah

This article aims to identify and review existing studies on the adoption and compliance of International Financial Reporting Standards (IFRS) in Africa.

Abstract

Purpose

This article aims to identify and review existing studies on the adoption and compliance of International Financial Reporting Standards (IFRS) in Africa.

Design/methodology/approach

The methodology involves a sole focus on studies conducted with an African sample, using a bibliometric method and data from the Web of Science (WoS) database. Visualizations from VOSViewer and Biblioshiny software are employed to identify the dominant authors, journals and countries contributing to research in the region.

Findings

The findings reveal existing collaborations among authors in the field. However, the study emphasizes the need for additional research to enhance the intellectual structure of the research domain, as the majority of related documents are concentrated within twenty articles with at least one citation.

Practical implications

The practical implications underscore the importance of collaboration in practice, emphasizing the need for cooperation among corporations, experts and regulatory agencies involved in IFRS adoption and compliance in Africa. By fostering collaborative efforts and knowledge-sharing among corporations, experts and regulatory agencies, practitioners can enhance their understanding, streamline implementation processes and improve compliance methods.

Originality/value

This review is one of the few to explicitly conduct a bibliometric review of IFRS adoption and compliance studies in Africa, providing a foundation for future research to determine the current direction of IFRS studies in this region.

Details

Journal of Business and Socio-economic Development, vol. 4 no. 3
Type: Research Article
ISSN: 2635-1374

Keywords

Book part
Publication date: 1 August 2012

Catherine L. Wang, David J. Ketchen and Donald D. Bergh

Welcome to the seventh volume of Research Methodology in Strategy and Management. The mission of this book series is to provide a forum for critique, commentary, and discussion…

Abstract

Welcome to the seventh volume of Research Methodology in Strategy and Management. The mission of this book series is to provide a forum for critique, commentary, and discussion about key methodology issues in the strategic management field. Strategic management relies on an array of complex methods to understand how firms can attain and sustain competitive advantage. How researchers employ different methods to conduct their research in different research contexts and understand the implications associated with their research choices is fundamental to the methodological rigour and the advancement of strategic management theory.

Details

West Meets East: Toward Methodological Exchange
Type: Book
ISBN: 978-1-78190-026-0

Article
Publication date: 6 April 2012

Chetan Chawla, Mzamo Mangaliso, Bradford Knipes and Jeff Gauthier

The purpose of this paper is to explain the antecedents of environmental uncertainty in management using a historical framework. The goal of developing passion and compassion in…

1170

Abstract

Purpose

The purpose of this paper is to explain the antecedents of environmental uncertainty in management using a historical framework. The goal of developing passion and compassion in management practice and research cannot be achieved unless a better understanding is developed of the main challenge facing researchers and practitioners – uncertainty.

Design/methodology/approach

The antecedents of uncertainty in management are explored using a historical framework. This enables the generation of insights into the nature and use of uncertainty over the decades.

Findings

The importance of environmental uncertainty is escalating. The paper's historical, philosophical and critical view helps scholars explain and interpret uncertainty within their own research and formulate new research questions.

Originality/value

Understanding the epistemological assumptions underlying paradigms will better enable researchers and practitioners to face a future filled with uncertainty and equivocality.

Details

Journal of Management History, vol. 18 no. 2
Type: Research Article
ISSN: 1751-1348

Keywords

Book part
Publication date: 28 January 2022

David M. Boje and Grace Ann Rosile

South African scholars, like most scholars in the developing world, have sold the idea that social constructivism is the gold standard of qualitative management research. In this…

Abstract

South African scholars, like most scholars in the developing world, have sold the idea that social constructivism is the gold standard of qualitative management research. In this chapter, we caution against this subordination to unquestioned conventions and offer a process relational ontology as an alternative to social constructivism that is often punted by most qualitative research programmes and textbooks. We also debunk the idea that ‘grounded theory’ exists by delving into epistemology and showing how science is ‘self-correcting’ rather than ‘tabula rasa’. Instead of boxing business ethics knowledge, as has been done by the case study gurus, we encourage business and organisational ethicists to own their indigenous heritage through storytelling science based on the self-correcting method underpinned by Popperian and Peircian epistemological thought. This chapter encourages business management researchers to move towards more profound ethical knowledge by refuting and falsifying false assumptions in each phase of the study, in a sequence of self-correcting storytelling phases. This is what Karl Popper called trial and error, and what C.S. Peirce called self-correcting by the triadic of Abduction–Induction–Deduction. We offer a novel method for accomplishing this aim that we call ‘Conversational Interviews’ that are based on antenarrative storytelling sciences. Our chapter aims to evoking the transformative power of indigenous ontological antenarratives in authentic conversation in order to solve immediate local problems ad fill the many institutional voids that plague the South(ern)-/African context.

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