Abstract This study seeks to unveil the similarities and differences between situational and transformational leadership theories/styles and went further to illustrate circumstances under which each styles would produce organisational effectiveness. The study concluded by stating that a leader/manager should be able to identify the appropriate style to adopt in every circumstance in order to attain organisational effectiveness else more harm than good would be done to the organisation.
ABSTRACT This study examines the Influence of Organizational Structure on Organizational Effectiveness. The sample comprised of fifty employees from four different banks. Questionnaire were constructed to administer the subjects. The hypotheses were formulated and tested using chi-square non-parametric analysis to determine the Influence of Organizational structure on Organizational Effectiveness. The data obtained were analysed using descriptive statistical analysis which was processed using...
CHAPTER ONE1.0.BACKGROUND OF THE STUDYFinancial instability has been in the scene of Nigerian economy for a long time. Itis obvious that the financial instability is an important topic to develop. The costburden associated with bank failure is so disturbing that the need for continuedstudy of causes of banking financial instability on both the practical and theoreticallevel cannot be overemphasized. Some years back, Nigeria witnessed numerousbank failures. Example Savannah bank, All State Tru...
CHAPTER ONE1.0. BACKGROUND OF THE STUDYCredit management in our banking sector today has taken a different dimension from what it used to be. The banking industry has adopted a lot of strategies in checking credit management in order to stay in business. Thus the banking industry in Nigeria has lost large amount of money as a result of the turning source of credit exposure and taken interest rate position. Nigerian banks are being required in the market because of their competence t...
Using stochastic frontier technique, this study examined the changes in the profit efficiency of Nigerian banks after the recapitalization exercise of central bank of Nigeria for the period 2006 to 2008. The results showed that the estimated profit efficiency scores for 2006, 2007 and 2008 for troubled banks were 0.79, 0.89 and 0.94, respectively while corresponding values for healthy banks were 0.47, 0.66 and 0.81. Average efficiency score of all sampled banks were 0.59, 0.75 and 0.86 fo...
This paper provides comprehensive analyses and prima facie evidences on determination of liquidity and asset management of selected Nigerian banks. The purpose of this study is to examine liquidity series of Nigerian banks with a view to indicating any weakness noticed. The study considers liquidity buffer of Nigerian banks and finds out how the policy of the Central Bank as a Lender of Last Result (LOLR) may affect banking in the period of liquidity crises. The paper collects time series...
The study sought to ascertain the key determinants of inflation in Ghana for the past 40 years. Stylized facts about Ghana’s inflation experience indicate that since the country’s exit from the West African Currency Board soon after independence, inflation management has been ineffective despite two decades of vigorous reforms. Using the Johansen cointegration test and an error correction model, the paper identified inflation inertia changes in money and changes in Government of Ghana...
This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal interest rates data. For a more robust result we conducted integration and cointegration tests in order to examine time-series properties of the variables. Using Co-integration and Kalman filter methodologies, the study did not find evidence of a full Fisher effect from 1961:1-2009:4. This result indicates that nominal interest rates do not respond one-for-one to changes in in...
Banking in Nigeria has undergone remarkable changes since 2005 bank consolidation. The era of arm chair banking has gone. It has become a different ball game in terms of competition and its inherent strategies. This transition eventually brings the Nigerian banks to be in need of capital, asset creation, earnings, liquidity and the management to manage the risk exposure of the aforementioned. In this era of banking, customers must know and understand their banks so that they can differe...
The purpose of the study is to make a comparative analysis of the human capital efficiency (HCE) of the private and public banks in India for the period 2005-06 to 2009-10. The study is based on the secondary data taken from the financial statements of the banks. Value added method has been used to measure the human capital efficiency of the banks. Exponential trend method, ANOVA and GAP Analysis has been used to measure the variation in the human capital efficiency of the private and p...
This paper develops a theoretical model to demonstrate that the firm’s payout/investment decision may be affected by the relative magnitude of dividend and repurchasing premia. The model shows that the manager of high-quality firm may pass up a positive NPV project in order to cater to investors’ demand for dividends or share repurchases (adverse selection problem) if the catering premia are substantial. On the other hand, the manager of low-quality firm may have strong incentives...
This paper argues for reconsideration and reevaluation of the underlying assumptions and paradigms of the world capitalist system in particular and that of economics in general. This is against the backdrop of an increasing discontent of majority of the world’s people against the growing inequality between the rich and the poor. It contends that the genesis of the problem is rooted in the concept of the selfish, individuated economic man, which has fueled our appetite for greed, sel...
Abstract Evaluation of government policies to improve performance of small business sector has provoked a great deal of debate and empirical enquiries in recent years. Initially economists were of the opinion that government policies have no impact on business cycle but after the great depression of the 1930s, Keynes showed that government policies could affect business cycle. For example, if government imposes taxes and duties that are not commensurate with its profit margin on a particular ...
Abstract The study has examined the effect of internal auditon the financial control of government parastatals(NigerianPortAuthority).Asurvey research design was adopted for the study and a simple size was selected using taro-yamane sampling technique as data used were obtained from primary and secondary sources.Three research questions were formulated out of which two hypotheses were formulated.Related literatures and theories were reviewed.The survey research design was adopted.Data ...
This paper examines the Impact of Working Capital Management in Nigeria Banking Industry. Working Capital Management refers to the management of current asset and current liabilities. The major objectives of this study are; to examine the impact of excessive investment in current asset on bank’s profitability; to ascertain if bad management of working capital exposes banks to insolvency and to examine the impact of composition of working capital items of Nigeria banks on their profitability...