There is marked high profitability of banks, and high banking competition in sub Saharan Africa. The nature of the market structure dictates the existing level of competition and profitability. This paper applies a panel granger causality test to investigate the direction of causality between...

Various studies have empirically examined the effect of corporate strategy on firm performance but not to the level of this paper's methodological scope regarding time, geographic, and variable constructs. To achieve external validity of research findings, this paper uses a more modern...

Globalization and increased openness of modern economies presupposes that multinational enterpreises, banks in particular, freely move to where they expect to reap high profits. Unlike previous studies on bank competition and profitability in sub Saharan Africa, this specific study investigates...

Risks negatively affect firm performance. Economics theory posits that diversification strategy is one way firms hedge risks. However, the extent diversification can be effective in mitigating risk effects depends on many factors including the form in which hedging is to be shaped. This paper...

Over the past 2 decades, foreign investment flows in Africa have steadily increased due to; high growth in GDP, economic liberalization, improved business climate (political and socioeconomic), the fast growth and continuous shifts in customer needs, improved general infrastructure development,...

Ambiguity in literature about how pensions influence retirement decision can be a challenge to policy formulation unless further inquiry is done. This ambiguity could be attributed to a number of factors including the study scope, different pension designs and differing study methodologies....

Unsustainable defined-benefit public pension scheme, rising life expectancy, and high level of unemployment endanger the socioeconomic and political stability of Uganda’s economy. This research approaches the problem from labor supply point of view by: (i) analyzing the effect of the public...

This paper investigated the need to raise Mandatory Retirement Age (MRA) and to what level, in Uganda; as a policy towards addressing the challenges that emanate from rising life expectancy and unemployment. Guided by two theories: time allocation theory and positive theory of early retirement;...

Various studies have empirically examined the effect of corporate strategy on firm performance, but this paper differs in its methodological scope regarding time, geographic, and variable constructs. To achieve external validity of the research findings, this paper uses a more modern estimation...

In organizations, the principal (owners) hire agents (management) for the purpose of producing goods and services. Each party in a firm has a unique goal. For example, as the principal seeks to maximize dividends, agents cherish utility maximization from their status and claims for non-pecuniary...