International Research and Academic scholar society

IRASS Journal of Economics and Business Management

Issue-1(January), Volume-3 2026

1. Assessment of clean trade, governance and environmental sustainability...
7

Ibrahim Kabiru Maji*, Hussaini Dambo
Department of Economics, Air Force Institute of Technology, Kaduna, Nigeria
1-5
https://doi.org/10.5281/zenodo.18149774

This study examines the role of governance in reducing the use of unclean energy in trade and its impact on environmental sustainability. The empirical findings are based on Twostep System Generalized Method of Moments (TSGMM). The dataset was collected for 45 African countries that spans the period of 2008 to 2022. The initial result revealed that governance has a neutral effect on environmental sustainability while trade openness reduces environmental sustainability. Furthermore, strengthening governance towards clean trade by mitigating unclean energy and logistics in trade improves environmental sustainability. More concisely, the finding shows that consolidation governance has a joint impact of improving environmental sustainability by 0.03%. The policy implication of this finding is that clean trade can be achieved by consolidating the region’s governance index. This will then assist in reducing the use of unclean energy in trade and subsequently improve environmental sustainability.

2. BLOCKCHAIN MANAGEMENT STRATEGIES AND ORGANISATIONAL COMPETITIVENESS OF...
0

AKENI, K. O.*, OSAIGBOVO, O.M, NWAEDOZIE, J, OFILI, P.N, OKUMAKUBE, C.N
Department of Business Administration, Faculty of Management Sciences, DELSU Business School, Asaba, Nigeria
6-11
https://doi.org/10.5281/zenodo.18232158

This study investigated the effect of blockchain management strategies on organisational competitiveness of selected banks in Delta State. Specifically, the study sought to determine the effect of blockchain governance and regulatory compliance, evaluate the effect of strategic integration of blockchain systems. A survey research design was employed, and data were collected from employees of selected commercial banks. Out of 109 copies of questionnaire distributed, 100 valid responses were analyzed using descriptive statistics, correlation analysis, and multiple regressions to examine both direct and indirect effects of blockchain management strategies on organisational competitiveness. The findings revealed that all four blockchain management strategies significantly and positively influence organisational competitiveness. Specifically, blockchain governance and regulatory compliance (β = 0.326, p < 0.001), strategic integration of blockchain systems (β = 0.276, p < 0.001), each contribute to improved operational efficiency, innovation, and market positioning. Based on these findings, the study concludes that blockchain management strategies are key drivers of competitive advantage in the banking sector, and banks should strengthen governance frameworks, integrate blockchain into core operations, invest in security and risk mitigation, and develop technical expertise among staff. The study recommends that policymakers provide clear regulatory guidelines and capacity-building initiatives to support secure and effective blockchain adoption.

3. WORKPLACE DIVERSITY AND ORGANIZATIONAL PERFORMANCE OF DEPOSIT MONEY BA...
4

OKWUISE, U. Y.*, DIBIE, N.P.
Department of Business Administration, Faculty of Management Sciences, Delta State University, Abraka
12-20
https://doi.org/10.5281/zenodo.18345549

This study examined the relationship between workplace diversity and organizational performance of deposit money banks in Delta State, Nigeria. The research focused on key diversity dimensions which are age and ethnic diversity and their influence on organizational performance. A cross sectional survey design was adopted and data were collected from staff across selected deposit money banks in Delta state, using structured questionnaires administered to staff of Polaris, Access, Eco, First and Zenith banks. The responses were analyzed using descriptive and inferential statistics, including correlation and regression analysis. The findings revealed that workplace diversity, when effectively managed, has a significant positive impact on organizational performance. However, challenges such as communication barriers, unconscious bias, and resistance to change were identified. The study concludes that diversity is not merely a compliance requirement but a strategic tool for organizational performance in the banking sector. It recommends that banks adopt inclusive recruitment policies, provide diversity training, promote leadership diversity, and establish measurable diversity performance indicators to maximize the benefits of a diverse workforce.

4. CONSUMER SEARCH, MARKET CHARACTERISTICS, AND PRICE DISPERSION: A STUDY...
0

OBUNSELI, UCHE TERRY*, ANDREW E.O ERHIJAKPOR, PhD, FCA; E.O AKPOGHELIE
DELSU Business School Asaba, Delta State University, Abraka, Nigeria
21-29
https://doi.org/10.5281/zenodo.18345818

This study examines the factors influencing price dispersion in Asaba's foodstuff market, focusing on consumer search behavior, market characteristics, and price transparency. Price dispersion—the variation in prices for identical products across sellers—is a persistent phenomenon in informal markets, posing challenges to consumer welfare and market efficiency. Using a descriptive survey design, data were collected from 98 respondents, including consumers and vendors, across major markets in Asaba. The findings reveal significant price variability for staple food items such as rice, tomatoes, and garri, with differences of 20–35% observed within the same market. Consumer search behavior, particularly active price comparison, was found to reduce price dispersion, as informed buyers secured better deals. Market characteristics, including vendor location and competition levels, also played a critical role, with high-traffic areas exhibiting higher prices. Price transparency, facilitated by digital tools and open pricing practices, further minimized disparities. Regression analysis confirmed that consumer search intensity, market competition, and transparency significantly predict price dispersion (Adjusted R² = 0.74, p < 0.001). The study concludes that enhancing consumer awareness, promoting digital price platforms, and improving market regulation can mitigate price variability. Recommendations include public sensitization campaigns, vendor accountability measures, and investments in market information systems. These interventions aim to foster equitable pricing and empower consumers in informal market settings. The findings contribute to the discourse on market efficiency and consumer economics in developing economies.

5. CONSENSUS-BASED LEADERSHIP PRACTICES AS TOOL FOR ORGANIZATIONAL PERFOR...
0

OSAMUTA, E. P.*, OLANNYE, A.P
Department of Public Administration, Faculty of Management Sciences, Delsu Business School Asaba, Nigeria
30-35
https://doi.org/10.5281/zenodo.18345941

Consensus leadership approach and the insufficiency of team members to cohesion have led to a high turnover rate of personnel in the public work space has led to the discourse of consensus based leadership practices in public organizations, thus, this study examined consensus based leadership practices and organizational performance of public establishments in Delta State. The specific objectives of the study determined the effect of open dialogue, knowledge sharing, stakeholders’ involvement and group cohesiveness on organizational performance of public establishments in Delta State. The study adopted a cross-sectional survey research design method, which aid the researcher to collect quantitative data used to address the relationship between the dependent and independent variable. Primary data was sourced through the administration of structured questionnaire on the employees of selected public establishments in Delta State, while secondary data was gotten through the review of related literature on the subject matter. A total of two hundred and forty six (246) copies of questionnaire were administered on the respondents adopting stratified random sampling techniques, and only two hundred and one (201) copies were properly filled and returned with was used for the study’s analysis. Data collected were analyzed using the pearson’s correlation co-efficient and hypothesis were tested using multiple regression statistical approach. The findings revealed that there is a significant effect on consensus based leadership practices (open dialogue has significant effect on organizational performance (0.019<0.05), knowledge sharing has significant effect on organizational performance (0.024<0.05), stakeholders’ involvement has significant effect on organizational performance (0.009<0.05), and group cohesiveness has significant effect on organizational performance (0.001<0.05). The study concluded that consensus based leadership measures are key indicators to enhance organizational performance in public establishments. It is recommended that public establishments ought to have clear knowledge flow paths across all departments, establish a culture that promotes sharing of knowledge and encourage teamwork among employees, as well as share new developments. State Corporations should also need to have programs, mentorship of junior employees and approve secondment of employees to other departments. Regular meetings should also be organized.

6. EFFECT OF NON-FINANCIAL REWARDS ON EMPLOYEE PERFORMANCE IN MANUFACTURI...
2

OBUNSELI, UCHE TERRY*, ANDREW E. O. ERHIJAKPOR, PhD, FCA;* E. O. AKPOGHELIE
DELSU Business School Asaba, Delta State University, Abraka, Nigeria
36-46
https://doi.org/10.5281/zenodo.18371925

This study investigates the impact of non-financial rewards on employee performance in General Steel Mill, Asaba, Delta State, Nigeria. A descriptive survey research design was adopted, and primary data were collected through the administration of structured questionnaires to employees of General Steel Mill. The data were analyzed using relevant statistical techniques to test the hypotheses formulated for the study. The findings revealed that while salary schemes influence employee turnover, non-financial rewards significantly enhance job satisfaction, improve employee commitment, strengthen retention, and contribute positively to productivity and overall performance. Results further indicated that employees who perceive fair recognition, opportunities for growth, and autonomy in their roles demonstrate higher levels of engagement, loyalty, and sustained performance. The study concludes that financial rewards alone are inadequate for sustaining motivation and performance in the Nigerian manufacturing sector. It recommends that General Steel Mill adopt a holistic human resource management approach that integrates both financial and non-financial incentives. Such strategies will not only improve employee engagement and retention but also ensure long-term competitiveness and organizational effectiveness. The findings provide valuable insights for managers, policymakers, and HR practitioners by highlighting cost-effective, sustainable approaches to reward management in the Nigerian industrial context.

7. DYNAMICS OF CONFLICT MANAGEMENT AND ORGANIZATIONAL PERFORMANCE IN SELE...
2

IKPO J. B.*, Odita, A. O., Olannye, A. P.
Department of Business Administration, Faculty of Management Sciences, DELSU Business School, Asaba Nigeria
47-52
https://doi.org/10.5281/zenodo.18371967

This comprehensive study examines the impact of conflict management strategies on organizational performance, with a specific focus on the role of conflict identification and analysis, conflict resolution, and conflict prevention in achieving organizational goals and improving overall performance. A thorough review of existing literature reveals that effective conflict management is critical for maintaining positive relationships, building trust, and fostering a collaborative work environment, all of which are essential for achieving organizational success. The study identifies key conflict management strategies, including collaborative conflict management, competitive conflict management, and avoidant conflict management, and examines their relative effectiveness in improving organizational performance. The findings suggest that organizations that use collaborative conflict management strategies, which emphasize mutual respect, open communication, and cooperative problem-solving, report higher organizational performance, compared to organizations that use competitive or avoidant conflict management strategies. The study provides recommendations for organizations to develop effective conflict management strategies and improve their overall performance





Submit Manuscript