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- A Comparative Analysis of Performance of Domestic and Foreign Contractors : The Case of Ethiopian Federal Road Construction Projects
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Authors
Affiliations
1 Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
1 Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
Source
Journal of Rural and Industrial Development, Vol 9, No 2 (2021), Pagination: 10-19Abstract
In Ethiopia, infrastructure, particularly road construction, has been the most essential driver of economic growth. Simultaneously, it is widely acknowledged and analysed that the domestic road construction industry is inefficient, threatening its role as a driver of the country’s economic growth. Thus, the objective of the study was to make comparative analysis of domestic and foreign contractors’ performance in Ethiopian road construction in terms of cost, time, and quality. To meet the objective of the study a document review, semi-structured interview, and focused group discussion (FGD) were used as a data collection tool. Based on analysis, the finding shows that the domestic contractors are far from being competitive in terms of cost overrun, time overrun and quality performance but it is promising progress over time. Finally, the study mainly recommends domestic contractors should be mindful of the severe competition they face from foreign firms. This necessitates the participation of both the construction industry and the government in improving the sector’s competitiveness. Local road construction firms operate in a challenging business climate. Construction companies’ ability to use internal resources such as human resources, finance, equipment and plant, marketing information, technology, and others is encouraged because it gives contractors a competitive advantage. Allocating and effectively utilising such resources enables them to accomplish many client objectives, such as completing projects on schedule, under budget, and to specified quality standards.Keywords
Road Construction, Domestic Contractors, Foreign Contractors, Project Performance, Time Overrun, Cost Overrun.
References
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- Johari, G. J., Walujodjati, E., Mulyana, S., & Permana, S. (2019). Factors affecting competitiveness small contractors in construction industry. 4th Annual Applied Science and Engineering Conference. Orlando: IOP Publishing.
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- Yenealelm, F. K. (2020). Determinants of infrastructure project delay and cost escalations: The case of federal road and railway construction projects in Ethiopia. American Scientific Research Journal for Engineering, Technology and Sciences, 63, 102-106.
- Compliance of External Auditors with the Professional Code of Conduct: A Case Study of Ethiopia
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Authors
Affiliations
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, Ethiopia., ET
2 George Washington University, United States, US
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, Ethiopia., ET
2 George Washington University, United States, US
Source
International Journal of Financial Management, Vol 11, No 3 (2021), Pagination: 9-24Abstract
The objective of the study was to assess the compliance of external auditors with the code of conduct while discharging their responsibilities, and its effect on the existence of CSR within client organisations in the case of Ethiopia. The study adopted a mixed research approach; cluster sampling was used to categorise the respondents based on their role within the organisation, and probability sampling was used to select the respondents. The findings show that client’s demand for unqualified opinion, pressure from clients to get auditor’s report as soon as possible, strong personal or financial relationship, and manager’s refusal to provide necessary information are some of the constraints that affect external auditor’s compliance with the code of ethics while they perform their activities. Similarly, manager’s doubt that auditor’s report might affect their future, manager’s fear of losing their job, and management’s intention to hide their mistakes are the reasons for management not to provide the necessary information to external auditors. External auditors and management of client organisations should comply with the principles of CSR at a maximum level when they perform their business activities; external auditors should understand that their compliance with the code of conduct is basic to protect the public from corrupt organisations. There should be a strong professional association or authority that controls external auditor’s competence and the compliance of their work with the code of conduct, and management should present all the necessary information.Keywords
Corporate Social Responsibility, External Auditor, Management, Professional Code, Business EthicsReferences
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- Kitata, S. (2016). Factors affecting quality of external auditing: The case of Ethiopian commercial banks. Retrieved from http://etd.aau.edu.et/ handle/123456789/5166
- OFAG. (2009). Ethiopian code of ethics for professional accountant. Addis Ababa.
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- Examining the Effect of Working and Living Conditions Sustainability Pillar on Certificate Achievement: The Case of Coffee Exporting Sector in Ethiopia
Abstract Views :179 |
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Authors
Affiliations
1 College of Business and Economics, Admas University, Addis Ababa, ET
2 Assistant Professor of Finance, School of Commerce, College of Business and Economics, Addis Ababa University, Addis Ababa, ET
3 School of Management Studies, Punjabi University, Patiala, Punjab, ET
1 College of Business and Economics, Admas University, Addis Ababa, ET
2 Assistant Professor of Finance, School of Commerce, College of Business and Economics, Addis Ababa University, Addis Ababa, ET
3 School of Management Studies, Punjabi University, Patiala, Punjab, ET
Source
Journal of Supply Chain Management Systems, Vol 10, No 3 (2021), Pagination: 1-36Abstract
The objective of the study is to investigate the possible barriers to sustainable complying with the control points of working and living conditions under UTZ VSS and its impact on certificate achievement of the coffee exporters in a group of the coffee exporter and commercial farms of coffee exporters in southwestern Ethiopia. The researchers used descriptive statistics and inferential statistics such as measurement and structural models. The result shows that the internal management system, government authority, and certification scheme (CSs) monitoring system negatively affect working and living condition criteria compliances which in return lead to certification delay and extra cost for closing the non-conformities, in general, it affects the certificate Achievement of the coffee exporters, as a result, they can not deliver their product to the global market within the time frame. Internal management systems, government authority and CSs monitoring systems are important determinants and have a positive significant relationship with certificate achievement.Keywords
UTZ Certification, Working Condition, Living Condition, Noncompliance, Certificate AchievementReferences
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- Investigating the Influence of Ethiopian National Culture on Information Security Policy (ISP) Violation : The Case of the Ethiopian Financial Institutions
Abstract Views :276 |
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Authors
Affiliations
1 Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
1 Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
Source
International Journal of Business Analytics and Intelligence, Vol 10, No 1 (2022), Pagination: 29-47Abstract
Nowadays, it is clear that information security is one of the most basic issues that organisations need to focus on. Despite huge investments made by companies to keep their information systems safe, there are many information security breaches that infiltrate companies’ systems; consequently, these cost them their reputation, affect customers’ confidence, and bring huge financial losses. Ethiopian companies are not immune to this security problem, and there are many signs of information security breaches. The literature suggests that almost all investments in information security related issues are for technological solutions. However, this type of solutions alone do not work well, and according to some researchers, there is one significant element that has been given very little attention, the human factor. Most of the information security breaches are caused by employees who are legitimate users of the company’s systems. So ‘how can we counter the illegal action of our own employees?’ is the main objective this study tried to address. The findings showed strong evidence on the influence of contextual factors and national culture, on employees’ information security behaviour, and consequently, it highlighted the importance of taking some level of precaution when organisations introduce new policies or standards that are copied from abroad. Policy makers and ISS managers in Ethiopia, particularly at the Information Network Security Agency (INSA), can learn how important it is to modify or adapt their ISP, which was copied from ISO 27002, based on the findings of this study.Keywords
Contextual Factors, National Culture, Employees’ Information Security Behaviour, Financial Institutions, Information Systems Security.References
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- Effect of Leadership Styles on Employee Performance: The Case of Commercial Bank of Ethiopia (CBE)
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1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
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International Journal on Leadership, Vol 9, No 1&2 (2021), Pagination: 14-34Abstract
The study assessed the impact of leadership styles on employee performance at the Commercial Bank of Ethiopia. Studying the different leadership style practices (transformational, transactional, laissez-faire, and authoritative) and their effect on employee performance were the main objectives. Random sampling technique was used to select research participants. Around 149 structured questionnaires were distributed and 140 useable responses were collected. Multifactor leadership questionnaire (MLQ form 5X) was used to measure leadership style practices and customer satisfaction; team work and achieving organisational goal were used to measure employee performance. Descriptive statistics and scale analysis were used to analyse data using SPSS .23 and Microsoft Excel 2016. Pearson correlation analysis and regression analysis were used to predict the relationship between leadership styles and employee performance. The findings show that transactional leadership is the most practiced leadership style, followed by authoritative, transformational, and laissez-faire leadership styles, respectively. Transactional, transformational, and laissez-faire were found to be positively correlated with employee performance; on the other hand, authoritative leadership was found to be negatively correlated. The results recommend that leaders in CBE need to use a part of transactional, transformational, and laissez-faire leadership behaviours and not authoritative leadership behaviour.Keywords
Transformational Leadership, Transactional Leadership, Authoritative Leadership, Laissez-Faire Leadership, Employee PerformanceReferences
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- Assessment of Leadership Gaps and Challenges in the Adoption of Interest-Free Banking (IFB) in Ethiopia
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Authors
Affiliations
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, NG
2 Addis Ababa University, NG
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, NG
2 Addis Ababa University, NG
Source
International Journal on Leadership, Vol 9, No 1&2 (2021), Pagination: 45-70Abstract
As part of IFBs fast global growth, leaders in Ethiopia are responsible for remaining competent to run shariah-compliant products. In this regard, the research aimed at the assessment of leadership gaps and challenges in the implementation of IFB in Ethiopia. An exploratory research design was applied, with a mixed research approach. Sample units of 75 managers were conveniently drawn, and the content of the responses and documents was thoroughly analysed quantitatively and qualitatively. The findings show perception, knowledge, legal, and project management gaps and challenges: attention given by leaders to IFB was found to be minimal; leaders and employees lack IFB personality and appearance, which happens in some cases due to fear of the unknown tailored to the IFB. Sustainable training and development programmes were not planned properly. There is a lack of adoption of appropriate technology. The legal framework of IFB is viewed through the lens of a typical conventional banking context. Leadership, along with the hierarchy, should cultivate personalities that favour the success of IFB. Perception should be surveyed to rectify and leaders should be involved in IFB decision making to create an IFB-friendly atmosphere that reflects its values. It requires crafting rigorous and diverse training programmes and public awareness. A clear IFB institutional structure with appropriate technology adoption should be established. NBE should look for ways to adopt internationally accepted IFB standards, reinforce, and revisit the current NBE directives and legal framework.Keywords
Interest-Free Banking, Financing, Leadership, Shariah, Perception, Knowledge Gap, Legal Framework, Project ManagementReferences
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- Challenges and Benefits of IFRS Implementation Projects: The Case of First-PhaseAdopters (Public Interest Entities in AddisAbaba)
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Authors
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1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
1 Head, Accounting & Finance Program Unit, School of Commerce, CoBE, Addis Ababa University, ET
2 Addis Ababa University, ET
Source
International Journal of Business Ethics in Developing Economies, Vol 10, No 2 (2021), Pagination: 25-34Abstract
The objective of this study was to examine the challenges and benefits of the IFRS implementation project in Ethiopia. The study raised two main research questions: what are the practical challenges faced while implementing IFRS in Ethiopia for the selected companies and what are the benefits gained by adopting this international standard. To answer these research questions, the study used descriptive research design and adopted the quantitative research approach. Based on the analysis, the results show that the IFRS implementation project in Ethiopia would result in a number of important benefits, like better quality of report, better risk management practices for the management, increased cross-border investment, reliability and accessibility of reports, improved financial statement disclosure, mobility of professionals from one country to another, and easy and simple intra-country organisation for a wide range of stakeholders, investors, companies, and management as well. On the other hand, the main challenges in the process of implementing IFRS include significant cost of adoption of IFRS, need for training, lack of readiness to implement within the time frame set by the board, lack of adequate implementation guidance, and lack of enforcement capacity. The study suggested that a rigorous IFRS capacity-building programme should be embarked by the government, all regulatory bodies, firms, and training institutions to provide the needed manpower for IFRS implementation.Keywords
IFRS Adoption, IFRS Implementation, Project, Challenges, Regulatory BodyReferences
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