Impact of Corporate Governance Practices on Employee Commitment in the Nigerian Banking Sector.

Nwosu, Kamsiyonna Nichole (2020) Impact of Corporate Governance Practices on Employee Commitment in the Nigerian Banking Sector. Masters thesis, Griffith College.

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Abstract

This study evaluates the effect of corporate governance practices on employee commitment in Nigeria banking sector. Survey research design was adopted wherein questionnaire was used as a tool for data collection. The population of this study comprised of the entire employees of Nigeria banking sector while a sample size of 1,450 employees was utilized. However, out of 1,450 questionnaires distributed to respondents, 358 was returned (24.7% response rate) and thus utilized for the purpose of this study. The data collected was analysed using descriptive statistics, simple percentages, mean, standard deviation and One-Way ANOVA. The findings revealed that employees are satisfied with the instituted recruitment and selection policy; financial reward is the most important factor underlying employees’ motivation while training programs are mostly held yearly on the basis of employees’ experience and expertise in performing their job function. Also, age and years of experience were significant factors determining the motivation element of employees while training programs are regularly held in consideration to employees’ level of experience. The study recommends that the recruitment policies, training duration and motivation incentives of employees should be constantly reviewed while a sound control mechanism should be instituted to checkmate the commitment of employees. Lastly, there should be further qualitative studies to obtain extra in-depth human view of the situation while more deductive studies should be conducted on larger sample sizes to include all the banks in Nigeria.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Corporate Governance, Employee Satisfaction, Employee Motivation, Employee Training, Employee Commitment.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HM Sociology
Divisions: Graduate Business School > MSc in Accounting & Finance Management
Depositing User: Ms Tehseen Faisal
Date Deposited: 10 Jul 2021 22:21
Last Modified: 17 Jul 2021 12:20
URI: http://go.griffith.ie/id/eprint/468

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