Current Issue

Vol. 3 No. 1 (2024)

 

Articles in Press (Early Cite)

Exploring the Nexus: Tax Compliance and Sustainable Development in Namibia

Anna Caroline Nakale-Kawana

University of International Management (IUM), Namibia

Tax revenue collection serves as the bedrock for states to avail infrastructure, essential national needs and development, encompassing critical sectors such as education, healthcare, and social welfare. This study explored and answered a question on which factors influence domestic taxpayers’ compliance in Namibia. This study tested the nine factors unpacked by Trifan et al., (2023) against 113 domestic taxpayers’ messages sent between June 2022 and December 2023 regarding tax concerns. This study was underpinned by established tax compliance explanations, including, political accountability social norms, deterrence factors, and fiscal exchange. A qualitative approach was adopted, by collecting messages from taxpayers through the Namibia Revenue Agency ‘s (NamRA) Facebook page and published Short Message Services (SMS) by the Namibian News Paper. The data were quantified to provide a better understanding as to what extent categorized taxpayers’ messages contributed to tax compliance in Namibia. The results revealed that five factors (trust in tax authority, perceived fairness, tax legislation and procedures simplicity, personal financial and economic factors, and malfunctioning of integrated tax administration (ITAS), were found to have a likelihood influence on tax complaisance in Namibia.

Keywords: Domestic taxpayers, Namibian Taxation, Tax Compliance, Sustainable Development, Short Message Services

How to Cite: Nakale-Kawana, A. C. Exploring the Nexus: Tax Compliance and Sustainable Development in Namibia. International Journal of Business and Management (IJBM)early cite. https://doi.org/10.56879/ijbm.v3i1.26

 

The effect of the internal control system (ICS) on fraud prevention and the financial performance of selected retail supermarkets in Ibadan

Dr Muyiwa Adeleke OPALEYE

Precious Cornerstone University, Ibadan. Oyo State, Nigeria.

Dr Iyabode Abisola ADELUGBA

Department of Management Sciences, Bamidele Olumilua University of Education, Science and Technology, Ikere-Ekiti, Ekiti state, Nigeria.

In recent times, an increase in fraudulent practices leading to poor financial performance among firms has raised concerns about putting in place a system within an organization capable of preventing fraud. Therefore, the study investigates the effect of the internal control system (ICS) on fraud prevention and the financial performance of selected retail supermarkets in Ibadan. Adopting a descriptive research design, 30 retail supermarkets in Ibadan were selected for the study using convenience sampling techniques. Furthermore, 5 employees were drawn from each selected supermarket through a purposive sampling technique, resulting in a sample size of 150 respondents. The data for the study was sourced using a self-structured questionnaire. Of the 150 copies of the questionnaire administered, 148 copies were returned, out of which 8 copies were discarded due to some irregularities found, leaving the total number of questionnaires used for analysis at 140. Using multiple regression analysis, the two hypotheses formulated for the study were tested. The results of the regression analysis showed that ICS has a significant effect on fraud prevention (F = 31.467, p<0.05) and on the financial performance (F = 22.671, p<0.05) of the selected retail supermarket. Considering the results of the analysis, the study concluded that ICS significantly prevents fraud and enhances the financial performance of selected retail supermarkets.

Keywords: Internal control system, control environment, risk assessment, control activities, financial performance, fraud prevention, information & communication

How to Cite: Opaleye, M., & Adelugba, I. The effect of the internal control system (ICS) on fraud prevention and the financial performance of selected retail supermarkets in Ibadan. International Journal of Business and Management (IJBM)early cite. https://doi.org/10.56879/ijbm.v3i1.29

 

Corporate Social Responsibility (CSR) Website Reporting: Evidence from Sub-Saharan Africa’s Top-Ranked Companies

Rahenul Islam

MSc Student, Department of Business Studies, School of Business, Engineering and Science, Halmstad University, Halmstad, Sweden

Md Mahbubur Rahman

MSc Student, Department of Business Studies, School of Business, Engineering and Science, Halmstad University, Halmstad, Sweden

Sandra-Sofie Persson

MSc Student, Department of Business Studies, School of Business, Engineering and Science, Halmstad University, Halmstad, Sweden

Vasundara Koppu

MSc Student, Department of Business Studies, School of Business, Engineering and Science, Halmstad University, Halmstad, Sweden

Gideon Jojo Amos

Ph.D. Student, Department of Business Studies, School of Business, Engineering and Science, Halmstad University, Halmsatd, Sweden

Jonathan Banahene

Business Lecturer, London School of Science and Technology, 401-403 High Wembley, London, England

This study aims to examine how Sub-Saharan Africa’s top ranked companies themselves convey their role as social-economic development partners and/or agents in their corporate communications, and to what extent country- and industry-specific characteristics influence their reporting, i.e., via CSR websites reporting. Using Forbes’2,000 world-largest-corporations ranking, based on 2017 ranking list, we select the largest corporations. We then filter our search to select Africa-largest-corporations. A content analysis of the CSR reports and/or Websites of the sample companies was conducted to identify the motives for CSR practices, CSR managerial processes and stakeholder issues addressed in CSR reporting. Several of the “motives underlying CSR practices”, “CSR managerial processes” and “stakeholder issues addressed” in CSR reporting appear to converge around similar themes (or issues), given that all three sample companies operate in the financial services industry within the specificities of South Africa’s context. The findings suggest that the specificities of South Africa’s historical development and/or socio-cultural realities, legislation and industry charters are important factors that influence CSR (or sustainability) practices in the context of Sub-Saharan Africa. Although, studies that mainly focus on the contents of corporate website are uncommon, this study has limitations as we solely relied on publicly accessible CSR reporting, rather than, for example, interviewing employees, customers (or clients) and/or regulators to verify the claims by the sample companies.  As this study examines CSR website reporting practices by organisations,  it provides a useful insight for competitor benchmarking that can be used by organisations to imrpove their CSR website reporting practices. This study contributes to extant CSR research as its provides empirical evidence of the contextuality of CSR in Sub-Saharan Africa, as well as explores how country- and industry-specific characteristics may influence CSR website reporting.

Keywords: Corporate social responsibility (CSR), CSR website reporting, Institutional theory, Financial services industry, Sub-Saharan Africa

How to Cite: Islam, R., Rahman, M. M., Persson, S.-S., Koppu, V., Amos, G. J., & Banahene, J. Corporate Social Responsibility (CSR) Website Reporting: Evidence from Sub-Saharan Africa’s Top-Ranked Companies. International Journal of Business and Management (IJBM)early cite. https://doi.org/10.56879/ijbm.v3i1.32

Published: 2024-05-25
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The International Journal of Business and Management (IJBM) (ISSN Online: 2815-9330) is a fully open access, peer-reviewed academic journal. We adhere to the highest standard scientific standards and follow a rigorous peer-review process. We welcome submissions from across the social sciences, economics, and humanities disciplines. IJBM aims to publish rigorous theoretical, methodological, or empirical research associated with the areas of business and management including strategy, accounting, economics, finance, management, marketing, tourism, organisation, human resources, operations, supply chain, corporate social responsibility, and corporate governance. The journal aims to attract original knowledge based on academic rigour and of relevance for academics, researchers, professionals, and/or public decision-makers.

IJBM is published through OJS system and supported by International Emerging Scholars Society (IESS). There is no submission or publication fee. We are CrossRef.

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