Like all good theories, market efficiency has major limitations, even though it continues to be the source of important and enduring insights. This is a conceptual framework on global financial crisis and Efficient Market Hypothesis. Despite the theory's undoubted limitations, the claim that it...

The magnitude of COVID-19 is yet to be estimated and felt by countries. The pandemic has posed a major disruption to economic activity across the world. Using the model by Battese, G.E., Coelli, T.J. (1995) the translog production frontier was adopted to estimate technical efficiency of the...

Purpose – Africa is the continent with the weakest capital market hence inability to raise funds local for long term projects. The Banking sector development of a country is crucial for economic growth and development through the facilitation of trade. After the financial sector reforms in the...

Post-2015 Development Agenda put financial inclusion as a key objective for United Nations member countries. This objective seeks to improve people's livelihoods, reduce poverty, and advance economic development in member countries. It is asserted that there is a significant relationship between...

Purpose – The aim of this paper is to draw on the social theory of practice to show scenario thinking as an everyday practice and how the practice could be theorised at the meso‐level. Design/methodology/approach – Counterfactual analysis, scenario analysis and peripheral vision are...

Purpose – The purpose of this paper is to propose a conceptual model to unpack the relationship between organisational routines and strategic foresight integration. Design/methodology/approach – Three moderating factors, actors mindfulness, organisational context and organisational...

Purpose: Drawing on the resource-advantage theory, the authors examine the effect of import managers' cultural intelligence (CQ) on their foreign counterpart's psychic distance and relational performance. Design/methodology/approach: Survey data collected from 228 Nigerian automobile import...

Purpose: The authors aim to examine the potential opportunities and challenges multinationals operating in Africa are likely to encounter when they seek to pioneer disruptive innovations at the base of the pyramid (BoP) in African emerging markets. Design/methodology/approach: Drawing on the...