SUB-SAHARA AFRICAN JOURNAL OF MANAGEMENT SCIENCE AND ENTREPRENEURSHIP (SJMSE)
VOL 22 (7) DECEMBER, 2021 ISSN: 2285-8138
Published by:
Sub-Sahara African Academic Research Publications,
Centre for African Development Studies, University of Ibadan,
P. O. Box 10108, U. I. Post Office. Ibadan Oyo State, Nigeria, West-Africa.
Email: ssaapublications@gmail.com
PAPERS:
SIMULATION MODELING OF THE EFFECT OF RANDOM ECONOMICS RECESSION ON THE INTEREST RATE AND THE EFFECTIVE RATE OF INTEREST: A MUTUALISTIC INTERACTION
OGOEGBULEM OZIOMA1 ENU-OBARI N.EKAKA-A2 IRUENE SILAS O.I3 BEN B.E2
1Ignatius Ajuru University of EducationRumuolumeni, Port HarcourtRivers State, Nigeria. 2Rivers State University, Nkpolu – Oroworukwo, Port Harcourt, Rivers State, Nigeria. 3Ignatius Ajuru University of Education Rumuolumeni, Port Harcourt, Rivers State, Nigeria
Abstract
It is well known fact, in the discipline of financial mathematics and financial engineering have attract a lot of attention in recent years. with the deterministic variation and stochastic variation due to the effect the growth pattern of the interest rate and effective rate of interest over a trading period in the unit of weeks. However, how did variation of a random of an economy recession will affect the interest rate and the effective rate of interest is a challenging economy issue under the serrano of equal initial values of the interest rate and the effective rate of interest, we have found that this two dependent variable can benefit from an increase in the optimal values, when their growth rates are violable to a how random economy recession value of 0.04 and severe random economy recession value of 0.4. we have applied the method ODE45 numerical simulation to obtain a few novel results that we have not seen elsewhere which are presented and discus quantitatively in this study.
Keywords: Simulation, Modeling, Random, Economics, Recession, Mutualistic, Interaction
PERCEIVED EFFECTS OF SAVING MOBILIZATION SCHEME ON WOMEN INCOME STATUS IN NIGER STATE, NIGERIA
LAWAL, M., SALIHU, I. T., TSADO, J. H., AND UMAR, I. S.
Department of Agricultural Extension and Rural Development, Federal University of Technology Minna.
ABSTRACT
The study examined the perceived effects of saving mobilization scheme on women income status in Niger State, Nigeria. A sample size of 181 women were selected from the state using four-stage sampling technique. Structured questionnaire complimented with interview scheduled were used for data collection. Data were analyzed using descriptive statistics (means, percentages and frequency counts) and Pearson Product Correlation Analysis. The findings revealed that the mean age of women in the study area was 35 years. The mean household size and years spent in formal education were 5 and 6 years respectively. The major informal saving pattern utilized by the respondents are saving with “daily thrift contribution” (92.30%) which ranked (1st), “saving at home” (82.90%) (2nd) and “Esusu” (79.60%) which ranked (3rd) respectively. The semi-formal saving patterns adopted by the respondents include saving in “production and marketing cooperative” (85.60%) which ranked 1st, saving in “savings and credit cooperative” (67.40%) (2nd) while the use of commercial bank (83.40%) as formal means of saving was 1st. The most perceived effects of SMS on women income status where SMS has increased my prowess to secure investment loan ( = 4.91) and SMS through informal and semi-formal sources failed to support my large investment ( = 4.83). It is recommended that officials of SMS should educate women on their respective activities and state in plain terms what members stand to benefit by joining the scheme. This will help in reducing doubts, risks and uncertainties among the women thus enhancing capital accumulation in the scheme and enhance the income status of women.
Keywords: Perceive effects; SMS; Women; Income Status; Nigeria.
IMPACT OF COVID 19 ON SMALL AND MEDIUM SCALE ENTERPRISES PERFORMANCE (A STUDY OF SELECTED SMEs IN ODEDA LOCAL GOVERNMENT AREA, ABEOKUTA)
*AKINYELE, SAMUEL TAIWO; **AKINYELE, ESTHER FEYISAYO; & *ADEDEJI, SULAIMON OMOTOLANI
*Dept. of Entrepreneurial Studies, Federal University of Agriculture, Abeokuta, Ogun State, Nigeria. **Dept. of Business Administration, School of Postgraduate Studies, Crawford University Igbesa, Ogun State, Nigeria
ABSTRACT
This study evaluates the effects of Covid 19 on small and medium scale enterprises performance in Odeda local government area, Abeokuta, Ogun State. The specific objective of the study to; ascertain the effect of lock down on productivity of SMEs; determine the extent to which the pandemic affect growth of SMEs and examine the effect of social distance on sales of SMEs. In attaining the highlighted objectives, a well-structured questionnaire was administered for information and data collection. A stratified random sampling technique was used for the selection of the respondents from the study areas. Total of 104 respondents were selected across the study area. The analysis of data was done using descriptive tools basically to show the distribution of socio-economic characteristics of the respondents, and inferential to estimate the effects of Covid-19 on small and medium scale enterprises performance. Regression and Correlation Models and Chi Square Test were employed. This study findings based on test of the three (3) hypotheses in the study, show that there is no significant relationship between lockdown and productivity of SMEs (R2=0.128, F cal.= 13.944, P<0.05 at 0.000 significant level); there is no significant impact between pandemic and growth of SMEs (R2=0.132, F cal.= 14.460, P<0.05 at 0.000 significant level); there is no significant relationship between social distance and sales of SMEs (R2=0.187, F cal.= 21.826, P<0.05 at 0.000 significant level). In conclusion, the study reflected that each of these independent variables play a significant role on small and medium scale enterprises performance in a positive way. Based on these findings, the study recommends that the government should provide financial supports for the diversification of various aspects of small and medium scale enterprises such as: agriculture, manufacturing, beauty/cosmetics etc. in order to be responsive to the impact of COVID-19 in the country; Alternative support of getting raw materials should be given to the expansion of small scale enterprises in order to create alternative sources of income to the business owner; Finally, the government at both state and federal levels should involve private sectors and investors in providing necessary support for an expansion of small scale enterprises in order to achieve economic.
Keywords: Covid 19, Pandemic, SMEs, Performance, Growth, Productivity
THE IMPACT OF BUSINESS COMMUNICATION ON ORGANIZATIONAL PROFITABILITY
ANGO NUHU ALIYU
Department of Business Administration, Faculty of Management and Social Sciences, Ibrahim Badamasi Babangida University, Lapai, Niger State, Nigeria
ABSTRACT
The Nigerian business environment have been opened to the outside world, hence organizations that cannot convey the message of its products to the consumers may be priced out of markets. The inability of organizations to effectively communicate their products have confirmed to reduce their income level thereby leading to low profitability. This is partly due to their inability to effectively communicate their business to their consumers of their products or services. These are attributable to factors such as a poor and ineffective communication between the producer or suppliers of products and the potential consumer (customer). Primary data were collected using detailed questionnaire and analysed. With an R2 of 51.9, it posits that 51.9 percent of profitability level are determined by effective communication. The study revealed that existence of effective business communication in an organization has a positive effect on goal achievement; enhancement of customer patronage and overall business development and this will lead to organizational profitability. The study therefore recommended that businesses should put in place effective communication system that will help in achieving higher rates of returns which will lead to higher profit.
Keywords: Impact, Business, Communication, Organizational, Profitability
AN EVALUATION IN TO THE OVERALL IMPACT OF COMPUTER TECHNOLOGY IN PROCESSING OF ACCOUNTING INFORMATION IN UNION BANK BALI BRANCH
ZIRA HAMMAN
Department of Accountancy, School of General Studies and Management Technology, Federal Polytechnic Bali, P.M.B. 05 Bali, Taraba State
ABSTRACT
This study aimed at examining Computer as an Important Tool in the Processing of Accounting Information with special reference to Union Bank Plc Bali Branch for two years period (2019-2020). The study adopted ex post factor research design, which made use of secondary data collected from annual financial statement of Union Bank Bali been the case study. However, in analyzing the data collected, inferential statistics in the form of multiple regression and pearson product moment correlation were used. However, evidence from the regression results clearly indicates that all the dimensions of computer packages significantly impacted on the Processing of Accounting information as the findings reveals that :Word processing application has significant impact in the processing of accounting information in Union Bank Bali as confirm from the test result of the first hypothesis. Evidence from the second formulated hypothesis also suggested that: Internet/web applications can be used in the processing of accounting information in Union Bank Bali. The test result from the third hypothesis clearly reveals that, the level of utilization of spreadsheet/desktop publishing application has assisted in the processing of accounting information in Union Bank Bali. The study conclude that, computerized banking has impacted positively on the banking system in Nigeria increasing its profitability, productivity and efficiency. Based on the findings, this study recommends that, all bank workers should be computer literates and should be able to use computers to process the proficiently of Accounting information.
Keywords: Evaluation, Overall, Impact, Computer Technology, Processing, Accounting.
THE IMPACT OF MONETORY POLICY IN CONTROLLING INFLACTION IN NIGERIA A CASE STUDY OF CENTRAL BANK NIGERIA JALINGO BRANCH
JABI NASSAH JESSU
Department of Accountancy, School of General Studies and Management Technology, Federal Polytechnic Bali, P.M.B. 05 Bali, Taraba State
ABSTRACT
This study examined the use. Monetary policy in the control of inflation in Nigeria. Primary data was adopted, structure questionnaire data was generated and distributed among 60 respondents, analyze and discussed and interview and focus group discussion was also held with 6 participants. The findings revealed’ that. Central banks are responsible for overseeing the monetary system for a nation (or group of nations), along with a wide range of other responsibilities, from overseeing monetary policy to Implementing specific goals such as currency stability, low inflation, and full employment. It also revels that to ensure a nation’s economy remains healthy; its central bank regulates the amount of money in Circulation. Influencing interest rates, printing money, and setting bank reserves requirements are all tools central banks use to control the money supply. The study further recommends among others that: The central Bank of Nigeria should co concentrate on its core functions which include the maintenance of monetary stability and development of Sound financial system and leave non-central banking functions which have constrained the effectiveness ness of the Central Bank of Nigeria performance and also Government expenditure should be cut this will reduce the rate of money supplied in the economy‘s leading to a reduction in the prevalent rate of inflation in the country.
Keywords: Impact, Monetory Policy, Controlling Inflaction, Central Bank of Nigeria, Jalingo Branch
EFFECT OF EMOTIONAL RESILIENCE ON BANK EXECUTIVES’ WORK PERFORMANCE
*JOHNSON-ITABITA, PATIENCE (Ph.D); & **AGUNUWA, EKOKOTU VINCENT (Ph.D)
*Department of Business Administration/Management, Delta State Polytechnic, Otefe – Oghara **Department of Banking & Finance, Delta State Polytechnic, Otefe – Oghara
Abstract
Bank Executive with a good emotional resilience is one that does not give in to the stress at work and bounces back from experiencing workplace difficulties. Stress at the office is inevitable, it happens to everyone. Everyone needs to be properly equipped with emotional resilience skills (Lanre, 2019). This research is a descriptive survey with a sample size of 81 Bank Executives in Oghara. Product moment correlation co-efficient was used to test the hypotheses and it was discovered there is significant relationship between self-awareness and work performance of Bank Executives. It was also discovered that Banks under study have enhanced Bank Executives’ empathy through emotional training despite the fact that sometimes the training is seldom, Bank Executive have imbibed it as a culture because of the profession they belong lastly it was discovered that control emotion and teamwork helps to gain quality performance. The study concludes that emotional resilience factors have direct influence on Bank Executive work performance. This research study revealed that emotional resilience contributes by means of self-awareness, empathy and control emotion which enhance Executive work performance and teamwork respectively. Hence, emotional resilience can be recognized as one of the most critical skills that Bank Executives’ of Union Bank, United Bank for African Plc and Eco Bank Nigeria Limited, should possess in present day organizations. The study recommends. The Union Bank, United Bank for African Plc and Eco Bank Nigeria Limited, should structure their interview process based on intelligent resilience and emotional quotient in order to get those that have both emotional resilience and intelligence quotient. More certified emotional resilience training should be given to the employees of the Banks studied to boost their effectiveness and efficiency. This should be used as a tool for work performance. Management of Banks studied should emphasize and make teamwork a priority since their organizations’ future success depends on the strength of effective workforce or teamwork. Emotional resilience can help bridge any differences that might be magnified due to poor impulse control on the part of the employees, thus creating stronger teams.
Keywords: Control emotions; Emotional resilience; Employee teamwork; Self- awareness And Work performance
BOARD CHARACTERISTICS AND FINANCIAL REPORTING QUALITY OF LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA
*GEHYA EMMANUEL FILLI (PhD); **MUSA JERRY (PhD); & **PETER TERU (PhD)
*Department of Accounting, Federal Polytechnic, Mubi Adamawa State. **Department of Accountancy, Adamawa State University, Mubi.
ABSTRACT
This paper examined board characteristics and financial reporting quality of listed industrial goods companies in Nigeria. Specifically, the paper examined the effects of board characteristics attributes of gender diversity, size and independence. The population of the study consist of the twenty listed industrial goods companies as at the time of data collection (2009-2018). Judgemental sampling technique was used to select nine companies from the population as sample size and analysed using descriptive statistics. The result of the analysis shows that gender diversity does not have significant effect on financial reporting quality of listed industrial goods companies at 5% level of significance. However, board size and board independence have significant effect on financial reporting quality. The study therefore concludes that board characteristics has significant effect on financial reporting quality and recommend among others that the Nigerian Securities and Exchange Commission increase its monitoring mechanisms to ensure that listed companies adhere to the regulations of the Nigerian corporate governance code which emphasized that the composition of the board be made of directors with adequate skill, independence, diversity and size.
Keywords: Board Composition, Gender Diversity, Board Size, Board Independence and Financial Reporting Quality.
CASH MANAGEMENT IN PUBLIC CORPORATIONS (A CASE STUDY OF UNIVERSITY OF BENIN, BENIN CITY, EDO STATE)
*ANTHONY EMHENYA IYOHA; & **DR IYOHA AGBONRHA-OGBOYE IMAS
*Department of Political Science and Public Administration, Edo University, Uzairue, Edo State, Nigeria; & **Department of Accounting, Edo UniversityUniversity, Uzairue,
ABSTRACT
The purpose of this research is to examine the concept or objective of cash management and it application in corporate organization, the study examine cash management principles and also show the extent of adherence to these principles. Awareness and measurement of cash flow has been taken very seriously since where management decision on cash flow was not encourage. The main research instruments were the questionnaire and interview conducted in certain areas because of the complexity of facts needed. University in Benin Cash management system is formed to be a little above average. To achieve an effective cast management in public corporation, adequate cash management techniques must be strictly adhered to within the corporation. Management must not just formulate policies and model on cash management but must also demonstrate and practical’s, such policies and models. On the basic of this, we therefore recommended that a functional credit control unit should be safeguarded and overhauled in order to achieve its predetermined objectives. Finally, it is believed that the research work will create a corporate awareness on the importance of adequate and effective cash management organizations and the difficulties encountered in cash management. The success or failure of a corporate or an establishment depends largely on its ability to effectively manage its cash flow. Cash plays a significant role in the management of business organization.
EFFECTIVE WAREHOUSING MANAGEMENT SYSTEMS AS A TOOL FOR BETTER ORGANISATIONAL PERFORMANCE
ATADOGA MARK OJOAJOGU; MURIJANATU IBRAHIM; KASIMU ABDULLAHI; & ZUBAIRU ABUBAKAR ABDULLAHI
Department of Marketing, Federal Polytechnic Bauchi
Abstract
This paper titled an analysis of Warehousing Management Systems in the service industry aimed at examining warehouse management systems that can integrate firm’s resources and provide efficient warehousing services. This paper will bring new wave for warehousing and show how costs of logistics can be reduced to improve operational efficiency and inventory accuracy towards effective performance of the organisation. For every supply chain, the warehouse is a major element in connecting the chain partners and at present it influences competition. Warehouse Management Systems (WMSs) have become as a matter of necessity an avenue for effective control, monitoring, tracking and allocation of firm’s resources in efficient manner for better operations. The research design adopted for this study was survey design. Close ended self-structured questionnaire was used to collect relevant data for the study. The data was analysed through regression with the aid of SPSS 23. The result of the finding from the analysis, revealed that R2 Value is 0.225 and in comparison with the P-Value α = 0.05, it showed that there is a relationship between warehousing management system and organisational performance. This study is limited in this area amongst other limitations; Few sample size was used in the course of this study. Two hypotheses were used in the study, for the purpose of establishing a direct relationship between the independent and dependent variable. Future research should try and add more objectives and use large sample size as well as developing more hypotheses from different dimensions of Warehousing Management Systems (WMSs).
Keywords: Warehousing Management Systems, Organisational Performance, Stock/Inventory Control, Optimised Supply Chain, Improved Customer Service.
IMPACT OF DELEGATION OF AUTHORITY ON EMPLOYEE MOTIVATION IN REGISTRY DEPARTMENT, FEDERAL POLYTECHNIC, BIDA, NIGER STATE, NIGERIA
SHAFII, MUHAMMAD HAMISU; BAGUDU, MOHAMMED WAZIRI
Department of Business Administration and Management, Federal Polytechnic, Bida, Niger State
Abstract
The paper is on delegation of Authority as a motivational tool for employee’s performance. The primary objective of the paper is to examine the effect of delegation of authority on employee’s motivation and how this can lead to attainment of corporate goal. The research is quantitative in nature and adopted a survey methodology. A structured questionnaire was design using five likert scales rating to collect and analyse data. A total of thirty five (35) questionnaires were administered to employees in registry department to elicit adequate information but only twenty four (24) questionnaires were returned. Findings reveal that delegation of authority will improve employee’s performance and leads to attainment of corporate goal and recommended that superior officers in registry department of Federal Polytechnic, Bida, should be bold in bearing responsibilities and accommodate the mistake of subordinates.
Keywords: Motivation, Delegation of Authority, Employees and Job Responsibility
ASSESSING THE EFFECTS OF EMPLOYEE PERFORMANCE APPRAISAL SYSTEM ON ORGANIZATIONAL PERFORMANCE A CASE STUDY OF LAMURDE LOCAL GOVERNMENT ADAMAWA STATE
MR NZADENO GIDILY KOLA
Department of Public Administration, Adamawa State Polytechnic, Yola Cabs, Numan Campus
ABSTRACT
The study assessed the effects of employee performance appraisal system on organizational performance using Lamurde Local Government Council of Adamawa State as a case study. Employee Performance System has been in use in modern Public organization because it provides an opportunity for employers and employees to recognize their performance and contributions to the enterprise. The study used the Questionnaire to generate data and the Anderson Model of analyses to understand the nature of the topic. The research questions and objectives of the study were clearly stated while the discussion led to the conclusion drawn and recommendations put forward.
Keywords: Performance, Appraisal, Local Government, Evaluation, Measurement, Proactive, Human Resources Management.
COVID-19 AND ITS IMPACT ON SMALL AND MEDIUM SCALE BUSINESS PERFORMANCE IN KWARA STATE, NIGERIA
*AKANNI, LANRE FATAI; *ALUKO KUDIRAT ATINUKE; **OBA RASAK BOLANTA; & *KAMALUDDEEN, SALAMAT AYO
*Business Education Departmet, kwara State College of Education, Ilorin. **Business Education Departmet, kwara State College of Education, Oro.
Abstract
Covid-19 is a name giving to a pandemic disease ravaging the world today caused by a large group of virus called corona virus identified in wuhan, china reported in December 2019 by the china authority which is now been spread all over the world, it is associated with upper respiratory symptom such as cough, running nose, sneezing etc subsequently led to serious illness. Covid-19 being a global pandemic as led to serious human deaths all over the world as at the time of writing this paper 309,047 deaths with 4, 649,077 cases has been recorded globally, 176 deaths and 5,621 cases was recorded in Nigeria, while 58 cases was recorded in kwara state with 1 death. (Covid-19 situation report 2020) in addition to this the world economy is negatively affected. This paper therefore, identified the causes of covid-19, its symptom, its effect on the economy of Kwara State with emphasis on Small Medium Enterprise (SMEs ). Secondary information was obtained from company report, books and internet retrieval while primary data was obtained through the use of questionnaire administered to 30 respondents selected from 5 companies in kwara state selected for the study through stratified sampling technique, Analysis of Variance (ANOVA)and multiple regression analysis was used to test hypothesis one and two raised for the study. The result shows that COVID-19 had negative effect on the productivities and profitabilityof SME in kwara state with the p. value of 0.0000 and 0.0001 is less than 0.05 respectively at 0.5 level of significance with R- Square of 0.9493 and 0.9246. Recommendation were made for prevention and feature occurrence of any pandemic of such nature as follow: The use of face mask, hand sanitizer, social distance be enforced and strictly followed by individual and that Nigeria economy should be diversified rather than focusing on the exploration of crude oil only and encouraging local industries to reduce her dependence on the importations of industrial, raw material and consumer goods.
Keywords: Covid-19, Pandemic, Coronavirus, Economy, Smes, Kwra State
ANALYSIS OF ACTIVITY BASED COSTING AS A TOOL FOR MANAGEMENT DECISION MAKING IN SELECTED MANUFACTURING COMPANIES IN YOLA, ADAMAWA STATE
1ABUBAKAR MAHMUD BELLO; 2ABUBAKAR BARKINDO; & 2ROSE EZEKIEL
1Department of Accountancy, Federal Polytechnic Mubi, Adamawa State 2Department of Business Administration & Management, Federal Polytechnic Mubi, Adamawa State
ABSTRACT
This research is focused on analyzing activity based costing as a tool for management decision making in selected manufacturing companies in Yola, Adamawa state. The main objective is to ascertain whether activity based costing serves as a tool for management decision making. Survey research design was adopted. The population of the study consists of 25 staff each from the selected manufacturing companies in Yola i.e Adama Beverages Ltd and Bajabure Industrial Company. Data for this research was collected from both primary and secondary sources. To facilitate the data analysis, two hypotheses were formulated and data was analyzed using chi-square on the Statistical Package of Social Sciences (SPSS). Findings from the study reveal that ABC serves as a tool for decision making in manufacturing companies by virtue of a positive relationship between ABC and Management decision making and that there is a high relationship between ABC and management decision making. The study concludes that ABC serves as a tool for management decision making and therefore recommends that manufacturing companies should strive to adopt the ABC approach in computing costs as this will aid managements in avoiding unnecessary or excess costs as is common with other traditional costing techniques.
Keywords: Activity based costing, assessment, management, decision making, tool
THE ROLE OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) IN PAYROLL OPERATIONS FOR POLYTECHNICS IN NIGERIA
AKILU UMAR BAKARI
School of Business and Management Technology, Department of General Studies, The polytechnic Bali
Abstract
Payrolling of staff in polytechnics lays significance on prompt rewards and productivity. Payment of salary in polytechnics is a key to performance effectiveness, efficiency and service success. This work discusses the role of Information and communication technologies (ICT) in payroll operation for polytechnics in Nigeria. Information and communication technologies (ICT) refer to several forms of information exchange between two or more computers through any of the several methods of interconnection. These technologies provide speedy, low-cost and convenient means of communication. The adoption of these technologies in polytechnics in Nigeria federal and state government have been found to have direct positive impact on the institutions efficiency and have led to more rapid acceleration of development in the country. Technology is transforming human resource (HR) practices and activities by improving their effectiveness in managing organizational resources. The use of relevant technology in HR would increase organizational ability to meet new challenges such as globalization and increase of diversity in workplaces. Computerized payroll system is one of the technologies commonly used in HR and measured as the heart of HR activities. Utilization of Information Technology (IT) is now entered in a very good condition that can be used in every aspect of life. Utilization of good IT will generate benefits for its users in utilizing IT. As well as in the field of employee payroll information systems are needed in the polytechnics system, by utilizing IT, will be faster in processing data and generate payroll reports are also fast. The study proposes some recommendations and suggests other avenues for more research as well.
Keywords: Role, Information and communication technologies (ICT), Payroll, polytechnics, Nigeria.
IMPACT OF HUMAN CAPITAL DEVELOPMENT ON EMPLOYEE PRODUCTIVITY IN ONE OF PRIVATE ENTERPRISE IN KADUNA STATE
SHAMSUDDEEN, SHEHU. SAEED; IBRAHIM IDRIS; ZAHARADDEEN, KHAMIS; & DANJUMA KESTER
College of Business and Management Studies, School of Business and Financial Studies, Kaduna, Polytechnic.
ABSTRACT
The study examines impact of human capital development on employees’ productivity in Kaduna. The study used survey method, were data for the work obtained through questionnaire which administered to staffs. The entire populations of this study consist of workers from the company were 75 staffs were used as the sample size. A questionnaire design in five likert scale was used as the instrument of data collection. The mean was used to analyze data. The result of this investigation shows that human capital development helps to bring various talents into single umbrella as well as a very good tool for strategic integration, higher commitment and flexibility of work. Human resource enhances the productivity of employee’s performance. Human capital developments help in aligning business policies to corporate strategy, as well as foster the Management of employees in order to gain competitive gain. The analysis further indicates that Human capital development assistance in Building greater employee commitment to an organization as well as a good reward strategies to support work performance which facilitate more productivity in enterprise. Therefore, it was suggested that management should regularly give peripheral benefits such as medical, transport, housing and leave allowance as a good strategy which will assistance the workers to perform well for higher productivity. The management should also make sure that, the policies of the business and it corporate strategies should be well communicated to its employee to get understanding of it in order to have a commercial goal and achievement for the organization, by given or stating polices and strategies that are not too rigid.
Keyword: Capital, Employees, Human development, Productivity.
FRAUD AS A NAGATIVE CATALYST IN NIGERIA MONEY DEPOSIT BANK
1AYANWUYI JOHNSON AND 2FARAYOLA, AYO ADE
Department of Accountancy, Federal Polytechnic Bauchi
ABSTRACT
The purpose of this research is to provide possible ways in which fraud can be control and prevented in banking sector. The objective of the study is to asses the influence of bank distress on gross domestic product and to assess the influence of bank distress on unemployment rate. Literal work was reviewed for proper understanding and guidance, for the purpose of this research work simple random sampling was used through the administering of questionnaire to collect data from the staff of 21 banks with the total of 21 staffs, and secondary data were collected from text and journals. SPSS was use to analyze and interpret the data collected from the distributed questionnaires. Base on the finding of this research work it was discovered that fraud as a negative impact on the banking sector, for that reasons, some prevention measures were outlined in this research work such as regular internal audit and job rotation were recommended.
Keywords: Fraud, Bank distress, Gross Domestic Product, Fraud Prevention, negative impact, Money Deposit Banks.
THE IMPACT OF JOB SATISFACTION ON ACADEMIC STAFF PERFORMANCE IN FEDERAL POLYTECHNIC BALI
BUBA DLAMA KWADA
Department of Business Administration and Management, School of General Studies and Management Technology, Federal Polytechnic Bali, P.M.B. 05 Bali, Taraba State
ABSTRACT
The current research study was carried out to evaluate the impact of job satisfaction on academic staff performance among staff of Federal Polytechnic Bali. In this study, a cross sectional survey research design was adopted. The population of this study was carved out of the entire staff of Federal Polytechnic Bali totaling to 450 staff. Hence primary method of data collection were used where a sample of 210 close ended questionnaires were prepared and administered to the respondent in the case study that were selected using the Yaro Yamani Sampling method. For the purpose of analysis, the study uses simple percentages in form of tables to analyses respondents information while chi-square (X2) technique were used to test and provides answers to the three hypothesis formulated based on the research questions. However, evidence from chi-square (X2) test results clearly indicates that: Reward/pay has significant effect on staff performance in Federal Polytechnic Bali as indicated by the chi-square (X2) result of the First hypothesis. Equally the test result from the second formulated hypothesis suggested that, Promotion has significant effect on staff performance in Federal Polytechnic Bali. Result from the third formulated hypothesis revealed that Job safety/security has no significant effect on staff performance in Federal Polytechnic Bali at (P<0.05) significance level. The study conclude that, all the variables of job satisfaction that reward/pay, promotion as well as job safety/security has significant effect on staff performance in federal Polytechnic Bali. Base on the findings the study recommend that the management of the Polytechnic should see reward/pay as a motivation factor that can increase employee’s performance in the institution. Also, the management of the Polytechnic should use employee inputs as a criterion for promotion of workers.
Keywords: Job satisfaction, Promotion, Staff Performance, Motivation.
BUSINESS EDUCATION SKILLS: IMPERATIVE FOR JOB OPPORTUNITIES AND SUSTAINABILITY OF GRADUATES IN NIGERIA
MRS I.G. ABRAHAM-IBE
Department of Office Technology and Management, School of Management and Business Studies, Yaba College of Technology, Yaba, Lagos
Abstract
Business education is a skill based programme designed to equip students with the necessary tools to meet up with the demands of today’s business world after graduation. There is no aspect of the economy that does not feel the presence of business education skills. This paper therefore, focuses on the various skills of business education that are imperative for job opportunities and sustainability of graduates in the world of work. Various literatures were reviewed so as to ascertain the types of skills embedded in business education and their relevance in the labour market. Also some challenges to acquisition of business education skills were highlighted. Conclusion was made that business education skills are necessary for effective performance of graduates in any business environment. It was recommended amongst others that the various regulatory bodies of tertiary institutions in Nigeria should retouch the curriculum of business education for effective skills-building of students to enable them compete successfully in any business environment they found themselves after graduation.
Keywords: Business Education, Skills, Employability, Training, Sustainability
THE DIVERGENT VIEWS ON EFFICIENT MARKET HYPOTHESIS {EMH} – TRADITIONAL PARADIGM VS BEHAVIORAL PARADIGM
MUKHTAR ABDULLAHI
Department of Banking and Finance, Waziri Umaru Federal Polytechnic, Birnin Kebbi, Kebbi State
Abstract
The paper reviewed on the orthodoxy of efficient market hypothesis (EMH) as well as behavioral finance. The study presents how the informational efficiency might of the EMH has been provoked and challenge by the new wave of behavioral finance using human psychology as well as other factors such as January effect, 2008 housing bubbles and mutual fund managers success in beating the market are also factors influencing the asset prices not only information as uphold in the EMH. The literature review section was divided into two parts. The first part elaborates much more on the EMH informational efficiency and validity. While the second part enumerate evidence against EMH informational and rationality concepts as conceptualized by new paradigm of Behavioral finance. The study has revealed that EMH has been a valid assumption right from it inception in 1970 by Eugene Fama. The model has enjoined emperical support in its informational efficiency and served as guide into the world of investment. However, the study has equally shown that series of anomalous that proved against the dictum of EMH was uncovered by the new study of behaviorists. The study furthermore, focused on identifying the gap in the two opposing camp on EMH efficiency and elaborate on filling the gap.
Keywords: Market efficiency, Behavioral finance, Rationality, Irrationality
IMPLICATION OF EXCHANGE RATE VOLATILITY ON ECONOMIC GROWTH OF DEVELOPING NATIONS – EVIDENCE FROM NIGERIA
*ADEAGBO, KHADIJAT AYOBAMI; & **OYEBAMIJI, LUKUMAN ADEMOLA
*Department Of Accountancy, the Polytechnic, Ibadan. Oyo State Nigeria. **Department Of Accountancy, Federal Polytechnic, Ede Osun State, Nigeria
Abstract
The study examined implication of foreign exchange rate volatility on economic growth of developing nations – evidence from Nigeria. Ex-post facto research design was adopted while the secondary data analyzed was obtained from Central Bank of Nigeria Statistical Bulletin for 20 year period from 1999 – 2019. The data were analyzed by using ordinary least square (OLS) multiple regression techniques. Interpretation of results were carried out through the use of coefficient of determination R2, F-test, t-test, beta and Durbin-Watson. The study recommends that government should initiate strategic policy that can stabilize foreign exchange rate in order to forestall unnecessary inflation and that crooks should be hedged out of determination of exchange rate.tt exchange rate volatility negatively correlated wit
Keywords: Developing Nations, Economic Growth, Exchange Rate, Gross Domestic Product.
HUMAN RESOURCE MANAGEMENT IN A GLOBALISED ENVIRONMENT
1OKOH CHIEDU VINCENT; & 2DR. E.M. AGHEDO
1Vice Chancellors Office, UNIBEN, Benin City. 2Business Administration Department, Benson Idahosa University. Benin City.
ABSTRACT
The pace of globalization is increasing continuously in terms of markets for goods and services, investment opportunities across borders amongst others. Enterprises face competition from all fronts. Human resource management is not left out in this transformation crusade as it has obligation to move along with the changing demands of the globalization process. One of the objectives of this paper is to show that effective managers should constantly be aware of the changes taking place in domestic (home country) environment, as well as around the globe (international and foreign environments) on HR issues and developments. By so doing, they can scan their environment on an ongoing basis, and when they detect opportunities and/or threats, they can transform their organization to seize the opportunities and/or combat or neutralize the threats as the case may be. In this presentation, problems, issues and trends in HRM practice in Nigeria in the current period were reviewed. The factors affecting HRM and its practice in a global context and what should be the direction of the profession and its practice in Nigeria and Globally constitute the main focus of this paper.
Keywords: Human, Resource, Management, Globalised, Environment