Browsing by Author "Suluo, Said Juma"

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    The relationship between Corporate Sustainability Practices and Financial Performance of Tourism Firms in Tanzania.
    (University of Dar es salaam, 2020) Suluo, Said Juma
    Business firms are increasingly confronted with the demand to address social environmental, and economic challenges facing societies. However, it is not clear whether such initiatives, in turn, enhance firm financial performance. This study examines the relationship between corporate sustainability practices and firm financial performance of tourism firms in Tanzania. The study adopted mixed methods approach, qualitative data was collected through a review of tourism firms websites and interviews of firm managers and analysed thematically. Quantitative data was collected through questionnaires filled by managers of 316 tourism firms and analysed using structural equation modeling (SEM) technique. The findings generally indicate that tourism firms emphasized corporate sustainability practices which have immediate benefits to the local communities’ welfare. Moreover, corporate sustainability practices were mostly implemented through philanthropic contributions made to local communities projects. The results also show that there is a direct positive relationship between corporate sustainability practices which have immediate benefits to the community and firm financial performance. However, corporate sustainability practices which have direct benefits to the community had an indirect relationship with firm financial performance mediated through firms’ strategic proactivity capability. The findings imply that investment in addressing social challenges is consistent with shareholders wealth maxization especially where such investments are undertaken proactively and strategically. Firms are therefore encouraged to engage or persist engaging in corporate sustainability proactively and strategically for a successful outcome. Furthermore, policymakers need to develop corporate sustainability national policy that may help to align the corporate sustainability investments with national sustainable development goals.
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    The relationship between undergraduate academic achievement and professional examinations performance: The case of First-time final stage CPA Examinations candidates
    (University of Dar es Salaam, 2008) Suluo, Said Juma
    The number of candidates sitting for NBAA’s CPA examinations has been increasing over years. However, the passing rates in these examinations have remained low and therefore few certified accountants in the country, relative to needs. This study assessed various attributes that candidates acquired during their university studies and examined the impact of these attributes on candidates’ performance in the CPA examination, making use of multiple regression estimation techniques. The analysis included 78 first time candidates, who wrote the examination (Module E and F) Between May, 2005 and November, 2007. Results indicated a positive, statistically significant correlation (with few exceptions) between the examination score and the candidate’s grade point average in accounting, and grade point average in the overall course work, credit hours in general business credit hours showed a negative correlation with examination performance and were significant on some subjects. Years out of school and age showed no significant correlation with examination performance. The results mean that candidates have to put more efforts, at school, on accounting coursework, general education and its mastery (GPA) in order to pass the CPA examinations. Also, the NBAA may consider reviewing its exams entry qualifications and put additional requirements on candidates with low GPAs. It may also required some schools to review its course contents and credit hours offered that put more emphasis on accounting and general education in order to continue enjoying board’s exemption. Lastly, NBAA needs to examine the validity of taxation examinations as the performance presents no significant relationship with candidates attributes examined