Browsing by Author "Ufua, Daniel Ebakoleaneh"

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Strategic Fit Orientation and Business Agility of Non-Oil Export Women Entrepreneurs in a Developing Economy
(Sustainaility (MDPI), 2024-07) Adesanya, Oluwatoyin Deborah; Ogunnaike, Olaleke Oluseye; Ufua, Daniel Ebakoleaneh; Onayem, Oluwakemi Oluwafunmilayo; Dada, Augustina Esitse; Edewor, Ogheneofejiro Jesujoba
A firm’s ability to compete effectively depends on matching its internal operations with various exterior contexts. This research investigated the impact of strategic fit orientation on business agility among female entrepreneurs in Lagos state, Nigeria’s non-oil export sector. This study used a descriptive and quantitative approach to gather information from four hundred and two (402) selected female entrepreneurs actively engaged in non-oil exporting activities in the agribusiness, textile, and information and technology business processing industry. The respondents were purposefully determined, while the data were analyzed using measurement and structural modeling. This study reveals that strategic fit orientation significantly mediates firm strategies and business agility. This means that women entrepreneurs should continually develop structures and strategies to stay agile and strategically fit in the business environment. They are to adapt their objectives strategically to reduce potential risks and assess situations and possible consequences of threats to remain dynamic in the business environment. This study addressed the gap between strategic fit orientation and business agility in developing economies.
Women on Corporate Boards and Their Influence on Firm Performance in Nigeria: Evidence From Panel Data Analysis
(African Development Review, 2025) Ehikioya, Benjamin Ighodalo; Omankhanlen, Alexander Ehimare; Mac-Ozigbo, Ada; Okoye, Lawrence Uchenna; Ufua, Daniel Ebakoleaneh
There have been concerns about the impact gender inequality and board composition could have on the performance of firms, especially in emerging economies. Effective board composition is an essential factor in modern organisations. Thus, this study examines whether female inclusion in company boards impacts the performance of publicly traded firms in Nigeria from 2013 to 2022. The study employed data from firms trading on the Nigerian Exchange Group from 2013 to 2022, the Fixed Effects model for analysis and two-stage least squares for robustness checks. The empirical findings show that female inclusion in corporate boards positively impacts firm performance in Nigeria. The study also explores board experience and age diversity to address the issue of cognitive as well as demographic diversity. The impact of female inclusion in corporate boards is significant when the directors have experience in board matters and possess a minimum of a bachelor's degree or comparable professional qualifications. After addressing the likelihood of endogeneity problems associated with governance variables, the results from the robustness checks remain the same. The findings imply that firms should promote board gender diversity as well as engage experienced and educated female directors in board-related matters to enhance good governance and firm performance.