Browsing by Author "Ajayi, M.A."
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Item Corporate Governance and Performance of Deposit Money Banks in Nigeria(Department of Marketing, Veritas University, Abuja, Nigeria, 2021) Kolawole, K.D.; Ajayi, M.A.; Busari, R.R.; Mustapha, A.The efforts in implementing sound corporate governance practices in banks across the world after the scandals in 2008 has been overwhelming. However, Nigerian banking institutions still suffers from massive financial misappropriation despite effort in entrenching sound corporate governance in the sector. Hence, this study investigated corporate governance and performance of deposit money banks. This study employed both primary data and secondary data. The primary data was obtained through questionnaire administration while the secondary data were sourced from the financial reports of thirteen selected listed deposit money banks in Nigeria. The population of the study is all listed deposit money banks in Nigeria. However, one hundred and fifty (150) copies of questionnaire were administered to managers and staff of this selected Nigerian deposit money banks. Ordered logit and panel least square method of multiple regression analysis were used to achieve the objectives of the study. The findings of random effect model showed that board independence is a significant determinant of performance of deposit money banks in Nigeria ith coefficient values of 2.891 at 5%. Thus, the study concludes that corporate governance impact significantly on performance of deposit money banks in Nigeria. The study recommends that regulators should ensure that board of directors are independent from shareholders' control when making decisions on critical issues that affect the banks ' performance.Item Effective Succession Planning and Employees’ Retention in Multi-Trex Integrated Food Plc, Lagos(Faculty of Management and Social Sciences, Fountain University, Osogbo, Osun State, 2022-09) Dunmade, E. O.; Ajayi, M.A.; Obadare, G. O.Organizations throughout the world are expecting a talent shortage in this competitive era, thus placing pressure on human resource managers to strategically implement an effective succession planning that is capable of attracting, fostering, and guaranteeing the retention of the greatest talents in the workplace. This study examines the impact of effective succession planning on the retention of employees in Multi-Trex Integrated food plc, Lagos. This was with the use of structured questionnaire. The employed descriptive statistics included simple percentages and tables, while inferential statistics adopted regression analysis. The findings of the study showed a significant impact of (i) mentorship on the employee’s retention: and (ii) coaching on the employee’s retention in the organization. The study concluded that there was significant impact of effective succession planning on employees’ retention in Multi-Trex Integrated Food Plc, Lagos. The study recommended the creation of regulations that allow employees to be easily identified and selected while streamlining succession planning to the corporate goals and objectives.Item Globalization and Its Impact on Human Resource Management Practices in Pz Cussons Nigeria Plc., Lagos.(Faculty of Commerce and Management, Eastern University, Sri Lanka., 2023) Dunmade, E.O.; Ajayi, M.A.; Jimoh, L.A.Item Office Automation and Its Impacts On Service Delivery in the Kogi State Civil Service(Bahria University Journal of Management & Technology, 2022-07) Dunmade, E. O.; Ajayi, M.A.; Oladejo, D. A.Today’s society relies on information, thus investment on networks of computer-based workstations and other automated machinery goes a long way in changing conventional manual office processes and paper communications media at work. Thus, the study assessed the impact of office automation on the quality service delivery in Kogi-State Civil Service with a focus on Yagba-West Local Government Area (LGA) of the state in Nigeria. The sample size of the study was 150 with the adoption of a structured questionnaire as the instrument of data collection, while random sampling was employed for the study. The used descriptive statistics comprised simple percentages and tables, while the utilized inferential statistics was least square regression. The findings of the study established a significant and positive impact of: (i) modern database management system on employees’ efficiency; (ii) task management on the employees’ effectiveness; and (iii) global data exchange on the quality service delivery of employees of Yagba-West LGA. The study made a conclusion that there was significant impact of office automation on the quality service delivery in Kogi State Civil Service. The study, then recommended creation of training and developmental programs for workers through learning of new skills for improved work performance.Item Sustainable Energy Supply, Finance, and Domestic Investment Nexus in West Africa(Sustainability, 2022-09) Kolawole, K.D.; Ajayi, M.A.; Alhassan, A.; Bekun, F. V.; Uzuner, G.This Study examines the impact of financial deepening and sustainable energy supply on domestic investment in West African countries. The data for the study range from 1990 to 2020 and were sourced from the World Development Indicator database. We used the cross-sectional autoregressive distributed lag (CS-ARDL) estimator for the analysis. Empirical findings showed that the credit to the private sector significantly impacts domestic investment in West Africa. It was also revealed that access to electricity significantly impacts domestic investment in West Africa. This demonstrates that funding for the private sector and adequate power generation improve the investment in any economy. The study concludes that financial deepening has a significant impact on domestic investment. The study therefore recommends that the management of banks should be encouraged to pursue policies that will deepen the efficient allocation of financial services for domestic investment in the region.