THE JOURNAL OF APPLIED BUSINESS AND ECONOMICS 

About: THE JOURNAL OF APPLIED BUSINESS AND ECONOMICS is an academic journal published by North American Business Press. The journal publishes majorly in the area(s): Computer science & Medicine. It has an ISSN identifier of 1499-691X. Over the lifetime, 625 publications have been published receiving 2538 citations. The journal is also known as: Applied business and economics.

Leadership Styles and Organizational Citizenship Behavior: The Mediating Effect of Subordinates' Competence and Downward Influence Tactics

Abstract: The objective of this study is to test a theory-based model predicting the relationships between leadership styles, subordinates’ competence, downward influence tactics and outcome of organizational citizenship behavior in Malaysian-based organizations. Data was collected from 347 respondents that represent major industries like services, manufacturing, mining and construction companies. Path analysis technique was used to test the model developed. The results show that the transformational leadership style has significant positive relationship with subordinates’ organizational citizenship behavior, whereas the transactional leader style is negatively related to organizational citizenship behavior. This result illustrates the direct effects of leadership styles on the subordinates’ outcome. In addition, inspirational appeals and consultation tactics, as downward influence tactics, were found to mediate the relationship between transformational leadership and organizational citizenship behavior. Likewise, subordinates’ competence mediates the relationship between transformational leadership and consultation tactics. These results only partially support the efficacy of the influence theory, and therefore lend support to contingency theories of leadership. Implications for research and direction for future research are also discussed.

Dividend Policy and Stock Price Volatility: Evidence from Bangladesh

Abstract: Corporate dividend policy is mysterious and one of the puzzles in corporate finance. This study seeks to examine the relationship between dividend policy and stock price volatility. By using the cross-sectional regression analysis after controlling for earning volatility, payout ratio, debt, firm size and growth in assets, this paper identifies that there is an evidence of positive, but non-significant relationship between stock price volatility and dividend yield. An important implication of this study is that, the share price reaction to the earnings announcement is not similar to that of other developed countries. Therefore, the managers may not employ the dividend policy to influence their stock’s risk. The influence of stock price risk through dividend may be also ambiguous due to the inefficient capital market in Bangladesh. This paper contributes to reducing the dearth of studies on dividend and stock price volatility in emerging economies.

Measuring Performance of Banks: An Assessment

Abstract: Adequate performance of financial institutions is of crucial importance to their customers. Prices and quality of their products are determined by efficiency and competition. Since efficiency and competition cannot be observed directly, various indirect measures in the form of simple indicators or complex models have been devised and used both in theory and in practice. This article demonstrates that measuring the performance of banks is hard and that indicators differ strongly in quality. It investigates which methods are to be preferred and how by combining certain indicators stronger measures may be developed. These measures are subjected to a predictive validity test.

Making a Mentoring Relationship Work: What is Required forOrganizational Success

Abstract: Mentoring programs in organizations can be helpful in improving performance and transferring knowledge, and lead to higher job satisfaction and retention of employees, resulting in higher business productivity. This research will consider the history of the mentoring and its use in organizations to increase knowledge and improve performance. This research discusses why mentoring works through the theory of social learning and explores methods to use in matching individuals for a successful mentoring relationship.

So What Would An Ideal Performance Appraisal Look Like

Abstract: Organizations use many performance appraisal formats, but an ideal form still eludes us. This article moves closer to an ideal performance appraisal system. Research assessing all problems occurring with present performance appraisal systems produced 76 performance appraisal problems (reduced to 4 general categories). Performance appraisal systems are improved by rectifying common shortcomings (e.g. reducing biases, training those involved, using formats with research substantiation). However, the most important changes require 1) clarifying the goals of performance appraisal, 2) focusing on both results and behavior appraisals, 3) adding an appraisal category, 4) better timing, and 5) better involving constituencies.