SALEM JOURNAL OF BUSINESS AND ECONOMY

SALEM JOURNAL OF BUSINESS AND ECONOMY

ISSN: 627-44669 Continuous 18 Articles

Editor: PROF. I.V.O MODO-UNI-UYO
SALEM UNIVERSITY | cedsafjournals@yahoo.com

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Showing articles from year: 2024 Clear filter
2024 Vol. 10, No. 2
CORPORATE GOVERNANCE PRACTICES AND ORGANISATIONAL RESILIENCE: AN EMPIRICAL STUDY OF SELECTED BANKS IN NIGERIA
This study examined the relationship between corporate governance practices and organisational resilience among selected deposit money banks in Nigeria. Specifically, the study evaluated the individual and joint effects of three key governance components (board independence, transparency and disclosure, and audit committee effectiveness) on organisational resilience. Adopting a cross-sectional survey research design, primary data were collected via a validated and structured five-point Likert scale questionnaire administered to middle-level and senior-level employees across six purposively selected banks. Out of 359 distributed questionnaires, 255 valid responses were retrieved and processed using SPSS. Reliability tests confirmed the internal consistency of the measurement scales, with all Cronbach's alpha coefficients exceeding the 0.70 threshold. Bivariate analysis using Pearson Product-Moment Correlation revealed that all three corporate governance dimensions share positive and statistically significant relationships with organisational resilience. Multiple regression analysis further indicated that the combined corporate governance parameters significantly predict resilience, jointly accounting for 32.30% of its total variance (R2 = 0.323, F(3, 251) = 39.993, p < 0.001). Individually, board independence emerged as the strongest localized predictor (β = 0.292), followed closely by audit committee effectiveness (β = 0.287) and transparency and disclosure (β = 0.202). Grounded in Agency Theory, this study concludes that internal governance mechanisms serve as active, strategic meta-capabilities rather than passive regulatory compliance items. Based on these empirical insights, it is recommended that banking authorities strictly enforce the selection criteria for objective non-executive directors, continuously eliminate information asymmetry through detailed financial reporting disclosures, and aggressively upskill audit committee members to optimize proactive risk assessment.
LEONARD U. OJOGBO, PhD
2024 Vol. 10, No. 2
THE RELATIONSHIP BETWEEN PERCEIVED ORGANIZATIONAL SUPPORT AND EMPLOYEE EFFECTIVENESS IN SELECTED ORGANIZATIONS IN DELTA STATE
In a highly competitive business world, it is important for organizations to motivate their employees. This cross-sectional descriptive survey was conducted to establish the correlation between organizational support and employee effectiveness. The study focused on management personnel, supervisors, and staff in different organizations in Delta State. A total of 200 respondents selected from retail/trading, manufacturing/processing, transportation/logistics, and hospitality/food-service companies were asked to participate in the study. The data were collected using a structured question sheet with a five-point Likert scale and analyzed using descriptive statistics, Pearson Product-Moment, and multiple linear regressions. The results revealed that the reliability scores for the five-construct items ranged between 0.747 and 0.778. It was found that management care and concern had a positive and significant relationship with employee effectiveness (r = .714, p < .001). In addition, positive and significant relationships were found between the valuation of employee contributions and effectiveness (r = .767, p < .001) and professional development consideration and effectiveness (r = .766, p < .001). Furthermore, the study found that fair reward system consideration has a positive and significant relationship with employee effectiveness (r = .748, p < .001). The regression results were significant at a 0.001 level (F(4,195) = 115.786, p < .001) with an R 2 of .704 and an adjusted R 2 of .698. The study concluded that POS has a great impact on employee effectiveness. Therefore, the study recommended implementing a fair reward system, providing career development opportunities, applying supportive management styles, and providing appropriate working conditions.
BELLO ADAMS

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2025

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18

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