Department of Entrepreneurship
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Browsing Department of Entrepreneurship by Author "Abubakar, Lamino Hauwa"
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Item Open Access EXAMINING THE STRATEGIES OF FILLING SENIOR POSITIONS FOR EFFECTIVE SUCCESSION OF SELECTED BUSINESS ENTERPRISES IN NIGERIA(Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-08-20) Paul, Vincent; Abubakar, Lamino Hauwa; Abdullahi, BariratuEffective succession planning is a critical factor for any organization yearning sustainable performance, growth, internal effectiveness and efficiency, and avoiding defenselessness to decline and collapse of the enterprise. This study examines the strategies of filling executive positionsof selected business enterprises in Northern States Nigeria. The population of this study comprised of six hundred and fifty four (654) selected businesses registered with Corporate Affiars Commission (CAC) of Nigeria as at January 2018 which were examined in Northern States of Nigeria. Out of the total population, five hundred and twenty (520) firms provide the required, valid and reliable information as they have transited and are in their second, third generations and above. study uses frequency counts andpercentages to analyse the data collected. It was found that the business enterprises are motivated to fill their executive positions both by the need for recursion and adaptation. It is also found that management takes into consideration the possession of relevant experience and the company’s culture when bringing in new executives as successors. The study recommended that since the managements of these organisations takes the organisations’ culture as very important in the recruitment of executives to top positions, they should rather develop an internal strategy of grooming their own executives since they are much more likely to be familiar with the organisations’ culture instead of employing external executive who must study the system for period of time before resuming action for effective and efficient running of the organizations’ activities.Item Open Access IMPACT OF FAMILY VALUES ON FAMILY BUSINESS POSTSUCCESSION PERFORMANCE IN NIGERIA(Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-03-11) Paul, Vincent; Abubakar, Lamino Hauwa; Emmanuel, Kukah; Andah, Angbazo RuthThis study adopts the use of survey research design with a sample size of two hundred and sixty (260) to examine impact of family values on family business post-succession performance in Nigeria. The data were collected using a five-point Likert scale questionnaire and were analysed using multivariate regression. From the analysis, it was found that firm values has significant effect on post succession performance, firm values has significant effect on family firm’s growth of family business, enterprise core values has significant effect on family business operations, firm values has significant effect on business ownership, firm values has significant effect on business and firm values has significant effect on business management. Based on the findings, it is concluded that the values considered significant by a family business owner and family members are also important to the success of the business and its growth. Some may have economic values like maximum profit or expanding the business, while others find enjoying work as a fundamental value for success in the business. Therefore, the study recommends that family should uphold those values that will enhance enterprise activities for better expansion and improved development. Hence, family business should not destroy the image of the family or weaken the family established harmony in decent society in order to improve family business performance. Also, family enterprises should sustain the four enterprise core values (order, success, community, and synergy) which are considered as the enterprise core values of every existing business in the world including family enterprises.Item Open Access IMPACT OF NATIONAL HOUSING FUND CONTRIBUTION AND MORTGAGE FINANCING OF HOUSING DELIVERY ON STAFF OF THE FEDERAL POLYTECHNIC, NASARAWA NIGERIA(Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-05-24) Paul, Vincent; Abubakar, Lamino Hauwa; Dogara, Nasiru Danladi; Andah, Angbazo Ruth; Obere, Yahaya MuhammadThis study examined the impact of National Housing Fund contribution and mortgage financing of housing delivery on staff of the Federal Polytechnic, Nasarawa Nigeria. The main objective of the study was to determine the contribution of National Housing Fund (NHF) scheme on housing delivery in Nigeria with specific focus on houses improvement for the employees of Federal Polytechnic Nasarawa, Nigeria and Ex-post facto research design was employed as it is due to the nature of the study which is time series data while the population consists of the contribution of NHF for Nine (9) years i.e. between the periods of 2010 to 2018 to the staff of Federal Polytechnic Nasarawa. The result of the study shows that increase in national housing fund contribution will increase mortgage finance in federal polytechnic Nasarawa because there is positive significant effect between the variables. From the findings, the study concludes that the contributions of National Housing Fund through primary Mortgage institutions to housing financing in Nigeria is faced with certain challenging factors, and problems and there is need to proffer possible solutions in-order to boost the flow of funds into the housing sector. Based on the findings, the study recommended that the financing of national housing programmes should be viewed primarily as a national responsibility of the government. The private sector should be encouraged also to provide the bulk of actual investment funds for housing to middle income and upper income groups of the society. For the low-income group, however, continued public support, individual initiative through entrepreneurial spirit and labour movement will be required for housing and movement involvement will also be required for housing and community development. Keywords: Appraisal, Entrepreneurship Development, Contribution, Housing Delivery, National Housing Fund.Item Open Access INFLUENCE OF PERSONAL QUALITIES OF CEOS ON FAMILY BUSINESS PERFORMANCE IN NIGERIA(Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2019-06-30) Paul, Vincent; Abubakar, Lamino Hauwa; Sam, Tende B.A.This study surveyed the influence of personal qualities of Chief Executive Officers (CEOs) on the performance of family businesses in Nigeria. This area of research is important given that researchers in the area of behavioural finance and in management argue that CEOs characteristics such as assumption of control, willingness of successors to manage the business, level of entrepreneurship knowledge, understanding of successor on the competitive nature of business and legal knowledge of the business influence the way business problems are perceived and the decision making process. The numerous and growing challenges which businesses face, particularly in the area of operations ,cost-cutting and production efficiency makes the need to examine how CEOs personal qualities could be beneficial for firm performance. The personal characteristics for 1,215 CEOs across all states of the Nigeria federation were examined out of which only 859 respondents provided the required information. The study adopts survey research and the regression result shows that CEOs personal qualities have significant influence on business performance. Hence, the study recommends that successors to family business should be made to undergo training prior to succession; to enable them have relevant business experience in the operation of such business and be prepared character wise before taking over the family business. More so, to develop good approach in attending to their customers, family members and stakeholders since the study shows that these qualities influence business performance.