Strategic Outsourcing and Corporate Performance in Nigerian Banking Industry
| Autor: | Ebomah Ernest Monday, Ojo Olu, Ugbomhe O. Ugbomhe |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
education.field_of_study
ComputingMilieux_THECOMPUTINGPROFESSION Descriptive statistics business.industry Business administration Population Core competency Pearson product-moment correlation coefficient Banking industry Outsourcing symbols.namesake Stock exchange symbols Positive relationship Business education |
| Zdroj: | Journal of Business Theory and Practice. 9:p68 |
| ISSN: | 2329-2644 2372-9759 |
| DOI: | 10.22158/jbtp.v9n2p68 |
| Popis: | This study examined strategic outsourcing and corporate performance of commercial banks in Nigeria. The decision to outsource is driven by the perception of management on how organization can achieve corporate effectiveness and efficiency with outsourcing strategy. This study specifically focused on two objectives; to investigate the relationship between strategic outsourcing and corporate performance and to ascertain the correlation between recruitment outsourcing and corporate performance. The study used a total number of twenty two (22) commercial banks listed in the Nigerian Stock Exchange (NSE) as at 31st January 2021 in its study. Primary data were collected from the population of the study with the aid of structured questionnaire and data were analyzed through descriptive statistics and the two hypotheses formulated were tested by Pearson Product Moment Correlation (PPMC) with the use of Statistical Package for Social Science (SPSS). The results of the study revealed a significant positive relationship between strategic outsourcing and corporate performance and a significant positive relationship between recruitment outsourcing and corporate performance. The study concluded that strategic outsourcing and recruitment outsourcing have positive relationship with corporate performance. The study, therefore, recommends that corporate organizations that want to achieve significant performance in their operations should outsource some of their activities that are outside its core competence. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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