Staffing and Organizational Performance in Nigerian Companies: An Empirical Investigation

This study examines, empirically, the relationship between human resources (staffing) of organizations and their performance. With data from randomly selected companies quoted on the 1st tier if the Nigerian Stock Exchange (NSE), this paper established, using the ordinary least square, a positive relationship between staffing and organizational performance. The practical implication of this finding is that employees training and development impact positively on organizational performance. Consequently, the paper calls for the development of the human capital to ensure organizational effectiveness

Skills and Organizational Performance of Nigeria Quoted Companies

It has been suggested in the literature that skills, among other variables, affect organizational performance. In this study an attempt is made to demonstrate the relationship between skills and organizational performance. With data from randomly selected companies quoted on the 1st tier of the Nigerian Stock Exchange (NSE), this paper empirically established, using the ordinary least square, a positive relationship between skills and organizational performance. The practical implication of this finding is that employees training and development impact positively on organizational performance. Consequently, the paper calls for encouragement of the executive management and all cadres of employees to put their individual and collective skills at the disposal of their various organizations to ensure organizational effectiveness

Performance Evaluation Model Used in Nigerian Quoted Companies: Empirical Research Findings

Performance is the outcome of work and it provides the linkage between the goals of an organisation and its effectiveness. Since there are various models of performance, this study seeks to empirically identify the most commonly used model by companies quoted on the 1st Tier of the Nigerian Stock Exchange and the effect of such usage on the development of the companies and the Exchange. Based on a randomly selected sample and descriptive statistics, the study has shown that the most used performance evaluation model is the accounting model, which has led to the neglect of the activities of the companies on the Stock Exchange in their performance measure. The practical implications of this finding are that the management of Nigerian quoted companies are not sensitive to the performance of their securities on the floor of the Nigerian Stock Exchange and therefore activities on the exchange are not as dynamic as they should be . Consequently, the paper calls for the use of market based performance evaluation models and the enlargement of performance indicators reporte

Developing Capacity for Competition

Information and Computer Technology (ICT) has broken national economic boundaries and made the world a global village. Also, many economic integrations bodies have been formed to eliminate all forms of trade and economic barriers. Consequently, consumers have access to more information and products. Competition has, therefore, become more intensive as goods and services providers operate across national and economic barriers. Therefore, firms which cannot cope with this competition are lagging behind in all their performance indicators and some of them are folding up. This paper advocates that that for a firm to remain competitive, improve its performance, and relevant to its customers; it has to develop distinctive competencies that would provide what customers do not realize that they need now but which they would appreciate and value when they see it

Shared Values and Organizational Performance of Nigerian Companies: An Empirical Analysis

In this study, an attempt is made to demonstrate the relationship between shared values and organizational performance. With data from randomly selected companies quoted on the 1st tier of the Nigerian Stock Exchange (NSE), this study empirically established, using the ordinary least square, a positive relationship between shared values and organizational performance. The practical implication of this finding is that the value system of an organization impacts positively on organizational performance. Consequently, the paper calls for an improvement in the conununication and sharedness of organizational values among organization member

The Growth of Leasing in Nigeria: 1985-2005

The Nigerian economy is currently beset with multi-faceted socio-political-economic problems. Globalization, deregulation, and the instability of macroeconomic policies have adverse effects on business organizations. Fiscal and monetary policies put in place to nurse the economy back to health have tended to squeeze and curtail credit expansion. In the light of this, this paper examines the growth of leasing in Nigeria. The findings of the paper indicate that leasing has grown immensely during the period under review. Consequently, the paper recommends a strategic legislative action to put the Equipment Leasing Association of Nigeria (ELAN) and other participants in the leasing business on a stronger ground to enhance performance

Turnaround Management in Nigeria: A Conceptual Framework

There are various causes of decline of organizational performance in both developed and developing economies. This paper advocates that in addition to the common causes, organizations in developing economies suffer the inconsistencies of macroeconomic policies and warped value systems of their various countries. It therefore concludes that a positive change in these critical variables coupled with developing sufficient competences by organizations will ensure organizational survival

Strategic Impact of Acquisition on Corporate Performance: A Case Study of WAPIC Plc

Business environment is dynamic. It is constantly changing and creating not only uncertainties, risks, and threats but also opportunities for growth and expansion. Based on a firm’s strength and weaknesses, strategies are developed and implemented which would mitigate the effects of threats and exploit perceived opportunities. Acquisition is one strategy by which firms combine strength and eliminate weaknesses. It is therefore necessary to examine the impact of acquisitions on the corporate performance. This study examines the impact of acquisition on corporate performance of companies using financial ratios to compare the pre and post acquisition performance. The study concludes that acquisition impacts positively on corporate performance

Academic Performance of Male Versus Female Accounting Undergraduate Students:Evidence from Nigeria

Prior researches on the differences in classroom performance between male and female students show mixed results. While significant differences exist in some studies, others show no differences. Moreover, such studies were done in developed countries. This study aims to contribute to this gender discourse by using a developing country setting. It was hypothesized in this study that no differences exist between male and female performance in undergraduate accounting courses. The finding of this study reveals that there is no significant difference between academic performance of male and female accounting students in undergraduate accounting courses, although the males achieve a higher mean performance than their female counterpart in all the courses

Entrepreneurship: The Engine for Economic Development of Nigeria.

The study addresses the concept of entrepreneurship as an engine to economic development of Nigeria. Participant in the study are ninety (90) entrepreneurs and thirty University Lecturers in Nigeria randomly selected. A validated self structured questionnaire with a reliability (Cronbach’s Alpha) coefficient of 0.799 and 0.818 respectively for part A and part B was the instrument used. Frequency counts, mean and the one way Analysis of Variance (ANOVA) were descriptive and inferential statistics used to analyze the data obtained at 0.05 level of significance. The computed F values (21.090) and (17.708) were above the critical value (6.33), a suggestion that the difference in their mean is significant. Thus, we reject the null hypothesis which states that there is no significant relationship between entrepreneurship and economic development of Nigeria, as such; the conclusion was that the government of the country should do everything possible to see that the right type of entrepreneurship that will boost the nation’s overall economy is encouraged