Dr. EBOMAH ERNEST MONDAY
Publication Title Cultural Environment and Business Performance of Business Managers in Confectionery Industry
Publication Type journal
Publisher Fountain Journal of Management and Social Sciences
Publication Authors Arubayi Damaro O. & Ebomah Ernest M.
Year Published 2015-08-31
Abstract This study examines the influence of cultural environment on the performance of business managers of multinational firms in confectionery industry in Nigeria. Survey method was adopted for the study. Ten multinational corporations that have subsidiary business units in the major cities in Nigeria were selected for the study. Structured questionnaire on five point Likert Scale was used to obtain data from the business/general managers, functional managers and operative managers of the selected companies and analyze using SPSS to run Pearson correlation. It was found out that religious beliefs and cultural values have strong influence on the performance of managers; that managers’ sensitivity to the culture in a host country and intercultural alignment enhance their performance as well as the financial, product-market, shareholders’ returns and overall effectiveness performance of the firms. The study therefore recommends among others that multinational firms in confectionary industry interested in internationalization as a result of availability of large market should first consider the predominant culture of the host countries that revolve around their business activities during the proposal stage of their strategic business units (SBUs). Also, wide effort is required by the business managers to develop polycentric and geocentric orientations for intercultural alignment and management of cross-cultural opportunities, risks, threats and challenges that are inherent in the cultural environment of business in the host countries.
Publication Title Socio-Sexual Behaviour and Workers Productivity in Nigeria
Publication Type journal
Publisher International Journal of Research and Scientific Innovation (IJRSI)
Publication Authors Goodfaith Nnenna Okeke, John Chidume Anetoh, Chukwujekwu Jeffery Obiezekwen, Vivian Chioma Anetoh, Chizoba Adaeze Okafor, Ernest Monay Ebomah, Kobimdi Pamela Ikpo
Year Published 2020-08-10
Abstract This study centered on effect of social-sexual behavior on workers’ productivity in banking sub-sector in Nigeria. The study sought to ascertain the extent sexual harassment affects the productivity of the employees. The study adopted a cross sectional survey research design. The target population was the bank workers. The principal instrument for collection of primary data was the questionnaire which was structured in five point Likert scale. The test retest method was used to check the reliability of the measuring instrument. The result gave a reliability coefficient value of 0.771 which indicated an acceptable internal consistency. Multiple regression analysis
statistical technique was used to test the hypotheses formulated to guide the study. The findings showed that sexual harassment increases turnover and absenteeism rate, lowers individual and
group productivity and reduces manager’s time to investigate complaints. The study recommended that the management should strictly adhere to rules regarding recruitment, promotion, discipline, reward and training so that merit prevails against nepotism because this will ensure that sexual harassment or sexual demands as a measure for bathe in these processes are avoided. It was concluded that sexual harassment and negative workplace romance in organizations can cause significant stress and anxiety that leads to mental and emotional problems.
Publication Title Effect of Economic Indicators on the Performance of Small and Medium Scale Enterprises in Nigeria.
Publication Type journal
Publisher International Journal of Advances in Engineering and Management (IJAEM)
Paper Link www.ijaem.net
Publication Authors Okeke Goodfaith Nnenna, Anetoh John Chidume, Obiezekwen Chukwujekwu Jeffery, Anetoh Vivian Chioma, Okafor Chizoba Adaeze, Ebomah Ernest Monday, Ikpo Kobimdi Pamela
Year Published 2020-08-15
Abstract The study examined the effect of economic indicators on the performance of small and medium scale enterprise in Nigeria with a particular reference to south-eastern geographical area. The study investigated the effects of inflation rate, interest rate and exchange rate on the performance of small and medium scale enterprises. The research work was anchored on resource-based theory. The study adopted a cross sectional survey research design. The population of the study was 1560 while the sample size was 296. Multiple regression analysis statistical technique was used to test the hypotheses formulated to guide the study. The study found that inflation has a significant negative effect on the performance of SMES in South-East, Nigeria. Interest rate has a significant negative effect on the performance of SMES in South-East, Nigeria. Also, the study discovered that exchange rate has a significant negative effect on the performance of SMES in South-East, Nigeria. The study recommended that there is a need for efficient management of inflation rate in such a way to stimulate the economic growth. Government and policy makers should try more in regulating the interest rates and other credit facilities, making sure that they are accessible and affordable to all SMES in Nigeria. Also, federal government should come up with economic policy and regulatory framework that will maintain fixed exchange rate in Nigeria.
Publication Title Cross Border Investment Inflow in Palm Oil Industry in Nigeria: Key Success Factors
Publication Type journal
Publisher The Journal of Economic Research & Business Administration
Paper Link https://doi.org/10.26577/be.2020.v132.i2.09
Publication Authors Ebomah Ernest Monday (PhD) & Ugbombe O. Ugbomhe (PhD)
Year Published 2020-10-26
Abstract The study examined cross border investment inflow in palm oil industry in Nigeria. It focused on the key success factors for cross border investments inflow. Descriptive survey design method was adopted in carrying out the study while Pearson Product Moment Correction statistical tool was used in estimating the parameter of relationship between the regressor and regress and variables of the study. The key success factors that were subjected to empirical test proved positively significant to palm oil investment inflow at the r values of 0.745, 0.729, 0.796, 0.652, 0.536, 0.866, 0.598, 0.705, 0.720 and 0.35. These analysis results suggested that market size, product demand size, return on investment, propensity to gross domestic product and foreign exchange earnings, first mover advantage, palm oil by-product potentials, availability of labour and effective labour cost, policy on land use, government policy measures on economic diversification and risk-free operational environment are critical to investment inflow in the palm oil industry. Based on these findings, the study recommends that to harness the vast opportunities in the palm oil industry like other counterpart nations that are at the forefront in the global palm oil production, government should gear its efforts towards having sustainable investment policy framework in this new strategic business area, provide enabling environment and conditions to boost local ad cross border business development in the industry.
Publication Title Impact of Overall Equipment Effectiveness (OEE) on Return on Investment (ROI) in the Nigerian Cement Manufacturing Industry
Publication Type journal
Publisher Frontiers in Management and Business
Publication Authors Ebomah Ernest Monday & Ugbomhe O. Ugbomhe
Year Published 2021-04-27
Abstract The formidable challenge of maintenance of heavy duty equipment for the day today manufacturing activities informed this research investigation. The study examined the impact of overall equipment effectiveness on return on investment in the Nigerian cement manufacturing industry. It focused on the key indicators of overall equipment effectiveness and their impact on return on investment. Ex-post facto research design was adopted in conducting the empirical investigation. The firms in the industry quoted in the Nigeria Stock Exchange (NSE) were studied. Longitudinal data of 15 years observation (2005-2019) were obtained and analyzed with ordinary least squares regression (system-OLS). The key indicators of overall equipment effectiveness subjected to empirical test proved positively significant to return on investment at the Coefficient values a1, a2 & a3 > 0; Prob.-values a1, a2, & a3 < 0.05 and t-Statistic values a1, a2, & a3absolutely. These analysis results suggested that machine availability rate (MAR), machine production rate (MPR), product quality rate (PQR) variables of overall equipment effectiveness have significant linear effect on ROI. Based on these results, the study therefore recommends among others for top management’s support and commitment to proactive and continuous improvement production facilities maintenance for improved overall equipment effectiveness and sustainable corporate performance of firms in the industry.
Publication Title Maintenance Cost Threshold and Return on Investment in Nigeria Cement Manufacturing Industry
Publication Type journal
Publisher International Journal of Humanities, Art and Social Studies (IJHAS)
Publication Authors Ebomah Ernest Monday (PhD) & Ugbombe O. Ugbombe (PhD)
Year Published 2021-05-24
Abstract The study examined maintenance cost threshold and return on investment of manufacturing firms. It focused on the impact of direct maintenance cost on return on investment of firms in the Nigerian cement manufacturing industry. The study employed a simple linear auto regression approach to assess the predictor and response variables of the study and adopted ex-post facto research design in its investigation. Longitudinal data of 15 years (2005-2019) observations were obtained from listed cement manufacturing firms in the Nigerian Stock Exchange (NSE) and analyzed with ordinary least squares regression (system-OLS). The results of the study showed Coefficient value of 11.10 that is >0, Prob.-value of 0 that is < 0.05 and t-Statistic value of 6.11 that is absolutely ? 2. The analysis results indicated that maintenance has significant positive effect on return on investment. Based on these results, the study suggested that maintenance is cost-profit centre and recommends among others for top management support and commitment to the use of appropriate maintenance strategies over a given machine condition at the right time, with the right parts and right maintenance personnel as the key drivers of cost effective maintenance.
Publication Title Strategic Outsourcing and Corporate Performance in Nigerian Banking Industry
Publication Type journal
Publisher Journal of Business Theory and Practice
Publication Authors Ugbombe, O. Ugbome (PhD), Ojo Olu (PhD) & Ebomah, Ernest Monday (PhD)
Year Published 2021-06-04
Abstract This study examined strategic outsourcing and corporate performance of commercial banks in Nigeria. The decision to outsource is driven by the perception of management on how organization can achieve corporate effectiveness and efficiency with outsourcing strategy. This study specifically focused on two objectives; to investigate the relationship between strategic outsourcing and corporate performance and to ascertain the correlation between recruitment outsourcing and corporate performance. The study used a total number of twenty two (22) commercial banks listed in the Nigerian Stock Exchange (NSE) as at 31st January 2021 in its study. Primary data were collected from the population of the study with the aid of structured questionnaire and data were analyzed through descriptive statistics and the two hypotheses formulated were tested by Pearson Product Moment Correlation (PPMC) with the use of Statistical Package for Social Science (SPSS). The results of the study revealed a significant positive relationship between strategic outsourcing and corporate performance and a significant positive relationship between recruitment outsourcing and corporate performance. The study concluded that strategic outsourcing and recruitment outsourcing have positive relationship with corporate performance. The study, therefore, recommends that corporate organizations that want to achieve significant performance in their operations should outsource some of their activities that are outside its core competence.
Publication Title Machine Capacity Utilisation of Large-Scale Enterprises in an Emerging Market Economy: Evidence from Nigerian Cement Manufacturing Industry
Publication Type journal
Publisher Nigeria Journal of Management Research
Publication Authors Ebomah, Ernest Monday & Egberi, Kelvin Agbarha
Year Published 2023-08-31
Abstract In today's manufacturing, operating firms are saddled with the challenges of breakdown of production machines, high cost of maintenance and increasing cost of production. The intense global competition in the manufacturing industry creates an urgent need for manufacturing firms in an emerging market economy to seek continuous process improvement to optimise industrial plant processes, meet customers’ expectations and remain highly competitive. The study examined the machine capacity utilisation of large-scale enterprises in an emerging market economy with evidence from the Nigerian cement manufacturing industry. It focused on the Operational Performance Rate (OPR), Production Volume Flexibility (PVF) and Machine Yield Rate (MYR) indicators of machine capacity utilisation and their influence on Return on Investment (ROI). The study adopted an ex-post facto research design where longitudinal data from 15 15-year period (2008-2022) were analysed with Ordinary Least Squares (OLS). The findings revealed that emphasis should be on top management's commitment and support for proactive and continuous improvement maintenance of production facilities, quality management of production process for industrial-economic efficiency and value addition, as well as provision of enabling environment through government policies that support optimum capacity utilization in the industrial sector for industrial development and economic growth.
Publication Title Reconceptualization of Entrepreneurship and Value Addition: A Review of Literature and Direction for Future Research
Publication Type journal
Publisher Jalingo Journal of Social and Management Sciences
Publication Authors Ernest Monday Ebomah, PhD & Prof. Ugochukwu Paul Orajaka, PhD
Year Published 2024-04-30
Abstract Entrepreneurship is essential in today’s economy. It is a world-wide activity that involves creativity and innovation leading to new and innovative business start-ups that are interconnected with employment generation, economic growth and global development. The intense pressure on the world economy creates an urgent need to intensify research efforts towards entrepreneurship development for continuous value creation, value addition and value offering. Researching on the subject of reconceptualization of entrepreneurship and value addition is a key driver in reengineering of entrepreneurship, promoting and directing the future of entrepreneurship around the world. This study is premised on these scenarios. The study is a theoretical research with basic components of conceptual framework that provided the structure of narrative and meta-synthesis review of literature in analysis of the phenomenon of the study and theoretical exposition that supported the research. The study deals with the expository review of literature on epistemology and ontology of entrepreneurship, reconceptualization and value addition. It adopted qualitative phenomenological research design that gave in-depth insights of the phenomenon under investigation and offers direction for further research. The result of the study revealed that reconceptualization of entrepreneurship is a significant impact factor in estimation of entrepreneurial value addition. The study therefore recommends that entrepreneurship stakeholders should lend credence to paradigm shift in theoretical and practical knowledge of entrepreneurship to harness and maximize the benefits and values of entrepreneurial operations and activities. Research and development are also encouraged to direct the future course of entrepreneurship.
Publication Title Psychographic Influence of Green Entrepreneurial Marketing on Environmental Degradation Control in Nigeria
Publication Type journal
Publisher Journal of Entrepreneurship Research and Development
Publication Authors Iweka, Andrew Ngozi & Ebomah, Ernest Monday
Year Published 2024-06-24
Abstract Many developing economies around the world are faced with the challenges of environmental degradation. The risk associated with this scenario is high and it has continued to attract unprecedented research attention from scholars and researchers. Arising from this, this study examined the psychographic influence of green entrepreneurial marketing on environmental degradation control. This study was conducted at the Federal Capital Territory (FCT), Abuja, Nigeria. It adopted survey design where probability sampling technique was used to draw sample size of 384 respondents from the population of adult consumers in the study area. Questionnaire instrument was employed to generate data from the respondents. The data were analysed with the statistical tool of Pearson’s correlation matrix at 0.01 significance level and alpha value of ? 0.05. The results of the study proved significant with the coefficient values of 0.902 for environmental concern and environmental degradation control, 0.914 for environmental knowledge and environmental degradation control and 0.620 for altruism and environmental degradation control in the test results of hypotheses 1, 2 and 3 at corresponding alpha values of 0.036 ? 0.05, 0.022 ? 0.05 and 0.004 ? 0.05. These analysis results showed very strong positive linear relationship between the predictor and response variables in hypotheses 1 and 2 and strong positive linear correlation between the predictor and response variables in hypothesis 3. The study therefore recommends that firms, customers, consumers, non-governmental agencies, policy makers, government and every other stakeholder should be environmentally conscious and committed to environmental friendliness for environmental sustainability. Government and firms should intensify efforts to create intense environmental awareness and knowledge in televisions, radios, public places and through social media channels to reach to wide audience on green practices, as well as sensitizing the people on the need for green products, green production and green consumption to maintain a healthy life environment. Environmental stakeholders should exhibit altruistic behaviour to promote pro-environmental behaviour and environmental welfare of others for sustainable environment. Government’s support and commitment for environmental friendliness and sustainability through its policies and laws is a necessary option to enhance environmental consciousness, knowledge and altruistic behaviour.
Publication Title Entrepreneurial Competencies and Performance of SMEs in the Pharmaceutical Industry in Delta State
Publication Type journal
Publisher Bayero Journal of Management Sciences (BAJOMS)
Publication Authors Nwajei Felix Liberty, PhD & Ebomah Ernest Monday, PhD
Year Published 2024-12-01
Abstract The study investigated the effect of entrepreneurial competencies on the performance of SMEs in the pharmaceutical industry in Delta State, Nigeria. Specifically, the study focused on the interplays and interactions between marketing competency and pharmaceutical-based SMEs performance, time management competency and pharmaceutical-based SMEs performance, decision-making competency and pharmaceutical-based SMEs performance. The study adopted survey research design. A sample size of 1036 respondents drawn from the population of the study was used for the study and the survey data were analyzed with the statistical tool of ordinary least squares (OLS) multi regression at 0.05 level of significance. The results revealed significant positive relationship between marketing competency and SMES performance, time management competency and SMEs performance, decision making competency and SMEs performance at coefficient values of 0.693, 0.754 and 0.688 with corresponding t-values of 4.526, 3.148 and 2.873 respectively. The findings revealed that emphasis should be on developing effective marketing skills that can enhance competitive advantages and customer focus, training and development of staff on optimization of time and enhancing pharmaceutical-based entrepreneurs’ analytical skills and critical thinking for informed decision making in complex situations.