Papers by SHINGIRAI SIKOMWE
Developing Country Studies, 2014
Developing viable industrial policies and operational strategies depends on the availability of a... more Developing viable industrial policies and operational strategies depends on the availability of accurate information. A number of aggregate performance indicators are currently in use to measure the aggregate performance of Zimbabwe's manufacturing sector; supplying information for decision making. The continued poor performance of the manufacturing sector despite the adoption of a succession of industrial and economic policies to promote the development of the sector brings into question the informational base used to develop, monitor and evaluate these policies. This research evaluated the accuracy of aggregate performance indicators used to measure the performance of Zimbabwe's manufacturing sector, namely capacity utilisation, employment statistics and the contribution of manufacturing to Gross Domestic Product .The research finds that the metrics used to measure the performance of Zimbabwe's manufacturing sector are not representative of the performance of the manufacturing sector in Zimbabwe.
European Journal of Business and Management, 2014
This research seeks to measure the relationship between board composition (the proportion of NEDs... more This research seeks to measure the relationship between board composition (the proportion of NEDs on board, board size and CEO duality) and performance using ROA and ROE: A case of listed Banking and Financial firms in Zimbabwe. The Zimbabwean Banking and Financial sector financial crisis of 2002-2005 resulted in many Banking and Financial firms being liquidated and some placed under curatorship. This crisis prompted the RBZ to offer guidelines to restructure boards in this sector recommending a minimum of five directors made up with at least 60% NEDs and CEO non-duality. Despite all these regulations, the failure rate in this sector is still very high. Therefore this research was seeking to establish whether it is a matter of board composition or they are other factors which influences the performance of Banking and Financial firms in Zimbabwe. Previous studies produced inconclusive results regarding the relationship between board composition and performance with some finding a significant relationship and others not finding any relationship. The research used explanatory and case study research designs in drawing out findings using Chi-square and OLS regression models to validate or invalidate hypotheses. Primary data was drawn from a sample of twelve expects in the Banking and Financial sector using questionnaires and structured interviews. Secondary data was drawn from the financial statements of six listed Banking and Financial firms over a period from January 2009-December 2012. Using Chi-square test, the results indicated that performance is not related to board composition. On the other hand using OLS method, only board size was found to be significantly related to performance.
European Journal of Business and Management, 2014
The research was aimed at establishing the relationships that exist among business failure, econo... more The research was aimed at establishing the relationships that exist among business failure, economic cycle and the life cycle (age) of the businesses under study using a quantitative data which was recorded and coded using the Stat 11 package. Qualitative methods were however employed to further compliment the quantitative methods, in which interviews were carried out to get respondents to clarify some ambiguous issues on the questionnaires administered. It was established from the results obtained that probability of business failure diminishes with age of the business and that of the owner as well. In a recession phase results indicated a negative impact on businesses as it was established that they lead to business failure and during a period of boom results showed a positive impact on business . It was further established that there are variations as to the magnitude of the factors that affect businesses with new firms being susceptible to failure than the old firms.
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Papers by SHINGIRAI SIKOMWE