Journal of Management and Science

A Note on the “Little Giant” Policy

Diego Lanzi — 2025-02-07

In this note, we briefly address the “Little Giant” Policy both in theoretical and empirical terms. As our discussion shows, the farsightedness of the Chinese LGP has both empirical support and theoretical soundness. Surely, it is an example to imitate for countries having a large number of innovative small and medium-sized enterprises.

Navigating educational control in the era of emerging trends: Challenges and prospects

Freedman. Ben Rabbi — 2025-02-07

Educational control refers to the legal and policy frameworks intended to uphold standards, ensure accountability, and guide the educational process. This concept is crucial for delivering high-quality education by monitoring institutional performance, teacher qualifications, and curriculum requirements. This study explores educational control in Nigeria and examines emerging trends in the field of education, such as technological integration, global education perspectives, individualized learning, and innovative pedagogical techniques. Key challenges identified include aligning the curriculum with advanced teaching strategies, integrating technology, addressing the digital gap, and managing resistance to change among educators and administrators. Ensuring equitable access to educational resources is vital for bridging the digital divide. Additionally, educational laws and regulations must evolve to balance innovation with maintaining educational standards, while managing data security and privacy remains a significant concern. The article proposes comprehensive solutions and suggestions, such as guaranteeing fair access to technology, providing professional development for instructors, amending regulations to foster creativity, and implementing robust data privacy and security measures. By addressing these issues, educational institutions can create a more effective and inclusive learning environment that leverages new trends to benefit all students.

Macroeconomics scenario reflect the Foreign Direct Investment (FDI) in ASEAN-3 countries

Noris Fatilla Ismail — 2025-02-07

Foreign direct investment (FDI) inflows are one of the main instruments for developing countries, especially ASEAN-3. The influx of FDI is an important motivation in driving economic growth through increased productivity. The diversity of empirical results does not provide confirmation of the determinants of FDI inflows in the host country. This study examines macroeconomic scenarios that reflect the FDI inflows. This study used annual time series data from 1980-2019 using Autoregressive Distributed Lag (ARDL) analysis. Empirical results show that economic growth and domestic investment are the main factors for the three countries studied where it shows a significant relationship with FDI inflows. This is because the economic environment is a driving factor in FDI inflows into a country. The overall findings of the study can assist policymakers in focusing on the stability of macroeconomic indicators as a driver of ASEAN-3 FDI inflows and formulate a comprehensive investment policy in achieving the ASEAN 2025 vision.

Winning the start-up game: Antecedent factors that impact success for small and medium-sized enterprises in Malaysia

Stephanie Rosnah Kenteh @ Kinti — 2025-02-07

This research paper aims to explore and determine critical success factors, barriers, and solutions for successful Small and Medium-sized Enterprise (SME) start-up projects in Malaysia. Based on previous research, the following hypotheses will be further analysed to determine the relationship between age, gender, success factors, barriers, and solutions for SME start-up projects in Malaysia. By identifying the critical success factors (CSFs), barriers, and solutions, this research gap can help new ventures understand the attributes necessary for success and overcome common obstacles. The research methodology of study is to apply the cross sectional research design which the analysis of homogeneity in perceptions concerning age group and gender provides a valuable tool for entrepreneurs to tailor their approach to different demographics. The sampling design/techniques is clustering random sampling. Based on the survey data of 143 respondents and analysis using the Statistical Package for Social Science (SPSS), the most critical success factor for SMEs is good management skills. The data analysis and research findings are Success factors, it was observed that the "Financing skill" was a statistically significant factor that contributed to the success of male-owned businesses. The test yielded a U-value of 1243 and a p-value of 0.04, which indicates that male respondents placed a higher level of importance on their financial skills than their female counterparts did. It is worth noting that the standard significant level effect was set at p ≤ 0.05, which means that the observed difference in financing skill between male and female respondents was statistically significant and not due to chance. The theoretical and practical implications of this research will determine the critical success factors of SME start-up projects in Malaysia, providing valuable knowledge to entrepreneurs and increasing their chances of success. Additionally, the study will propose solutions to improve the success rate of SME start-up projects in Malaysia. Finally, The ultimate goal of this study is to provide a comprehensive report on SME start-up projects that covers all the current issues new entrepreneurs face. The contributions of the study has successfully achieved its objectives of identifying the factors that contribute to success and the challenges that entrepreneurs face in SME start-ups in Malaysia and provides valuable insights to new entrepreneurs looking to reduce start-up failure rates. Overall, this research is a constructive guide for SMEs looking to succeed in Malaysia.

Corrupt elites, administrative cadres and public service in Africa: Islands of vanity

Peter Adoko Obicci — 2025-02-07

Undermining growth and governance in Africa are persistent corruption issues and inefficient public service delivery. It is still unclear how corrupt elites, administrative cadres, and public service are intricately related, despite a wealth of studies. This study investigates the relationships that corrupt elites, administrative cadres and public service delivery have in Africa, focusing on how these “islands of vanity” obstruct efficient government and progress. The elite theory is adopted by the paper to accomplish the latter purpose. The study employed a qualitative methodology and uses secondary data and examined previously published books, articles, reports and papers to find themes and patterns. The study demonstrates how the provision of public services is jeopardized by corrupt elites and administrative cadres who participate in rent-seeking activities, patronage networks, and bureaucratic corruption. These "islands of vanity" impede growth, erode institutions, and maintain inequality. To avoid repeating the mistakes and inefficiencies of the past, the paper suggests public service delivery changes that encourage the hiring and deployment of moral leaders and administrative cadres to make effective and efficient use of both current and projected public resources meant for effective service delivery. By highlighting the vital role of moral elites and administrative cadres and the requirement for contextualized solutions, this research advances knowledge of corruption and governance in Africa. Future studies should examine how global governance frameworks and outside actors affect Africa's efforts to combat corruption and enhance the provision of public services amid questionable practices of dishonest administrative cadres and elites.

An in-depth examination of the financial ratios of metals and mining companies in India

Rohit Bansal — 2025-02-07

In the current global context, the metals and mining industry is regarded as one of the major areas of concern. The financial ratios of mining and metals companies in the Indian market are thoroughly examined in this paper. The study aims to shed light on these businesses' stability, performance, and financial health in an unstable economy. Drawing upon a dataset spanning multiple years, various financial ratios are scrutinized, including liquidity ratios, profitability indicators, leverage ratios, and efficiency measures. This paper analyses the comparative financial performance of Indian companies like Jindal Steel, Coal India, Hindalco Industries, Tata Steel, and Bharat Forge during 2020-2023. Various ratios have been used to evaluate the financial health of certain companies. These include the following: leverage, profitability, activity, liquidity, and market value. The result demonstrates that Coal India has the strongest current ratio, indicating strong short-term financial strength. From 2020 through 2023, Hindalco Industries generated more earnings per share of their shareholder’s investment than others. However, the profitability of Coal India was much better in 2020-23 comparto all other companies. Key findings reveal the sector's resilience in fluctuating commodity prices and regulatory changes. Moreover, the study identifies trends in financial performance across different segments of the metals and mining industry, shedding light on variations in profitability, efficiency, and risk management practices.

Rethinking the practices of corporate social responsibility in the mining sector for sustainable development in Tanzania

Willy Maliganya — 2025-02-07

Over the years, corporate social responsibility (CSR) in the mining sector has become a worldwide development discourse. Although the mining sector is a significant contributor to economic development in Sub-Saharan Africa, effective governance is the missing link. Because of this, mining activities have severely affected human health, food security, livelihoods, and the environment in host communities. This has been associated with persistent conflicts and the resultant loss of livelihoods. While mining companies' activities must conform to international standards and local communities' rights, this has remained limited in practice. Several studies have examined the mining sector's impact on economic performance, few have explored CSR's effectiveness as a valuable sustainable development tool. Therefore, it is unclear how and to what degree CSR initiatives have led to better services in mining areas. The present study reviewed CSR practices in Tanzania's mining sector and their part in local sustainable development. The study explores CSR practices in Tanzania by assessing their performance on sustainable development. It identifies the existing challenges and ways to realize CSR benefits. This suggests that adopting effective accountability measures and enhanced stakeholder engagement for benefit sharing are significant steps in improving sector governance.

Utilization of social media in skill acquisition and entrepreneurial development among youths in Africa

Iwegbue. Ishioma N — 2025-02-07

Social media platforms have become powerful tools for developing entrepreneurial skills among youths in Africa. With the advent of technology and widespread internet access, these platforms have revolutionized communication and provided a platform for young entrepreneurs to showcase their talents, connect with potential customers, and acquire valuable business knowledge. Using the survey design, 8 - item questionnaire was used to generate data from 400 youths purposively selected to represent and reflect the opinions of youths present in Africa. The study revealed social media is an important tool in developing entrepreneurial skills in our society. It was discovered that young entrepreneurs prefers using Instagram for acquiring skills. The study also revealed that youths are exposed to social media to a large extent. The challenges youths encounter were Limited Access to reliable information, Difficulty in distinguishing information, lack of interaction and feedback, Information overload, Difficulty in distinguishing credible sources. Hence it was recommended that Experts should ensure they their entrepreneurial message are well designed for social media users or young entrepreneurs also social media platforms should be simple and flexible. In conclusion, social media has emerged as a crucial tool for developing entrepreneurial skills among youths. It enables young entrepreneurs to promote their businesses, connect with industry professionals, access valuable resources, and showcase their creativity. By leveraging these platforms effectively, aspiring entrepreneurs can enhance their business acumen, establish a strong brand presence, and contribute to the economic growth of Africa.

Retraction Note:Professional integration of teachers through the many aspects of socialisation at work using ISaTE as a measurement tool

Napoleon Arrey Mbayong — 2025-02-08

The Original Article was published on 24 December 2024

The Editor in Chief has retracted this article after concerns were raised about published article.

The article titled: “Professional integration of teachers through the many aspects of socialisation at work using ISaTE as a measurement tool” by Napoleon Arrey Mbayonga and Stephen Mokondo Mokia, published in Journal of Management and Science (Vol. 14, No. 4, 2024, pp. 7-24) Available here: https://www.jmseleyon.com/index.php/jms/article/view/794 is an exact plagiarism of an article published in journal in 2020:“L’insertion professionnelle des enseignants au travers des multiples aspects de la socialisation au travail : l’ISaTE, un instrument de mesure pour les appréhender” by Coppe et al., published in Mesure et Évaluation en Éducation (Vol. 43, No. 3, 2020, pp. 67-102) (DOI: https://doi.org/10.7202/1083008ar).

After a thorough analysis of both texts, it is evident that the article by Napoleon Arrey Mbayonga and Stephen Mokondo Mokia,is an almost identical reproduction of the original work, with only minor modifications such as changes in authorship and superficial rewording. The entire structure, content, references, and results have been copied without proper attribution to the legitimate authors.

The Editor-in-Chief no longer has confidence in the reliability of the data reported. The authors did not respond to correspondence from the publisher about this retraction.

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