scholarly journals Ethics in Financial Service Industry as Panacea for Organizational Performance in Osogbo and Iree Metropolis, Osun State, Nigeria

2021 ◽  
Vol 5 (3) ◽  
Author(s):  
Omotayo Vincent Adewale ◽  
Adewole Joseph Adeyinka ◽  
Arinola Rebecca Adesewa
Keyword(s):  
Organizational Performance ◽  
Ethical Leadership ◽  
Public Perception ◽  
Service Industry ◽  
Organizational Ethics ◽  
Financial Service ◽  
Ethical Culture ◽  
Financial Service Industry ◽  
Organizational Ethical Culture ◽  
The Relationship

The study investigates the argument and counterargument within the scientific discussion on ethics as the panacea to organizational performance in the financial service industry using ethical leadership, organizational ethical culture and public perception on ethics to measure organizational performance. The objective of this study is to examine the relationship between ethical leadership and organizational performance in Osogbo and Iree United Bank of Africa. Secondly, this study aimed at determining the relationship between organizational ethical culture and organizational performance in Osogbo and Iree United Bank of Africa. Thirdly, the study intends to establish the relationship between public perception of organizational ethics and organizational performance in Osogbo and Iree United Bank of Africa. The research questions formulated to guide this study are: What is the effect of ethical leadership on organizational performance in Osogbo and Iree United Bank of Africa; How does organizational ethical culture impacts organizational performance in Osogbo and Iree United Bank of Africa? What is the relationship between public perception of organizational ethics and organizational performance in Osogbo and Iree United Bank of Africa? This study adopted the survey research design and obtained its data from primary sources. The primary data were obtained through a questionnaire administered on 100 respondents of United Bank for Africa Plc, Iree and Osogbo branches. A simple random sampling technique was also used to conduct a personal interview on 50 customers of the bank. Regression analysis was used to test the hypotheses at a 0.05 level of significance. The study showed a positive and significant relationship between ethical leadership and organizational performance, organizational ethical culture and organizational performance, and public perception of ethics and organizational performance. The study, therefore, recommends that management should not only communicate organizational ethical values to employees in words but also in action; they should lead by example, proper attention should be placed on organization’s culture to ensure that it is ethical as employees are willing to do more in an organization with ethical culture and also, service industries in Nigeria must ensure that their organizations are managed in a way that will enhance a positive public perception.

The Role of Ethical Leadership in Ethical Organizations

2015 ◽  
pp. 135-168 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Organizational Performance ◽  
Ethical Leadership ◽  
Business Performance ◽  
Ethical Climate ◽  
Ethical Culture ◽  
Global Business ◽  
Organizational Ethical Culture ◽  
The Social ◽  
Organizational Ethical Climate

This chapter reveals the role of ethical leadership in ethical organizations, thus illustrating the theoretical and practical overviews of ethical leadership, organizational ethical culture, and organizational ethical climate; the significance of organizational ethical climate in organizational performance; and the significance of ethical leadership and organizational ethical culture in ethical organizations. The utilization of ethical leadership is crucial for ethical organizations that seek to serve suppliers and customers, increase business performance, strengthen competitiveness, and achieve continuous success in global business. Therefore, it is essential for ethical organizations to explore their ethical leadership applications, promote a strategic plan to systematically evaluate their practical advancements, and urgently respond to the ethical leadership needs of organizational members in ethical organizations. Applying ethical leadership in ethical organizations will greatly improve organizational performance and reach business goals in the social media age.

Impact of Dividend Policy on Stock Price Volatility: An Empirical Study on Financial Service Industry of Bangladesh

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Sagira Sultana Provaty ◽  
◽  
Khairul Alam Siddique
Keyword(s):  
Stock Price ◽  
Dividend Policy ◽  
Service Industry ◽  
Price Volatility ◽  
Financial Service ◽  
Dividend Yield ◽  
Stock Price Volatility ◽  
Independent Variables ◽  
Financial Service Industry ◽  
The Relationship

The impact of dividend policy on stock price volatility is one of the most researched topics of corporate finance. This study investigates the relationship between stock price volatility and dividend policy among Bangladeshi financial service industry companies. Two key variables - dividend yield and dividend payout have been taken as the independent variables after controlling for firm size, asset growth, earnings volatility, long-term debt, and earnings per share. The stock price volatility has been taken as the dependent variable. Panel regression analysis is employed to explore the relationship of dependent with independent variables. Results reveal a significant positive relationship between stock price volatility and dividend yield among companies considered in this study. This study will help regulators and investors understand how the stock price fluctuates in response to financial information such as dividend announcements.

The Role of Ethical Leadership in Ethical Organizations

2016 ◽  
pp. 1406-1430
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Organizational Performance ◽  
Ethical Leadership ◽  
Business Performance ◽  
Ethical Climate ◽  
Ethical Culture ◽  
Global Business ◽  
Organizational Ethical Culture ◽  
The Social ◽  
Organizational Ethical Climate

This chapter reveals the role of ethical leadership in ethical organizations, thus illustrating the theoretical and practical overviews of ethical leadership, organizational ethical culture, and organizational ethical climate; the significance of organizational ethical climate in organizational performance; and the significance of ethical leadership and organizational ethical culture in ethical organizations. The utilization of ethical leadership is crucial for ethical organizations that seek to serve suppliers and customers, increase business performance, strengthen competitiveness, and achieve continuous success in global business. Therefore, it is essential for ethical organizations to explore their ethical leadership applications, promote a strategic plan to systematically evaluate their practical advancements, and urgently respond to the ethical leadership needs of organizational members in ethical organizations. Applying ethical leadership in ethical organizations will greatly improve organizational performance and reach business goals in the social media age.

scholarly journals THE RELATIONSHIP BETWEEN PUBLIC SERVICES MOTIVATION AND ETHICAL LEADERSHIP WITH ORGANIZATION PERFORMANCE AT MILITARY TRAINING ACADEMY, NDUM.

2021 ◽  
Vol 4 (18) ◽  
pp. 01-08
Author(s):  
Fauzahani Pairan ◽  
Jessica Hai Liaw Ong ◽  
Mohd Juraimy Kadir ◽  
Nora Ibrahim
Keyword(s):  
Organizational Performance ◽  
Public Service ◽  
Ethical Leadership ◽  
Public Interest ◽  
High Performance ◽  
Military Training ◽  
Public Service Motivation ◽  
Quantitative Research Methods ◽  
The Public ◽  
The Relationship

A public organization is an important sector in the administration of the Nation and it needs to remain relevant and accepted by society. The sub-sector such as services and security are the most important organizations that require high performance in society and the country to ensure security is always guaranteed. Military Training Academy, NDUM is an organization involved in various security and humanitarian operations either nationally or internationally. Accordingly, this study was conducted to assess employee motivation in public service activities by using the Public Service Motivation Model (PSM). The elements contained in the model are an attraction to public policymaking, commitment to the public interest, self-sacrifice, compassion, and ethical leadership. This study aims to analyze the relationship between Public Service Motivation (PSM) and organizational performance with ethical leadership among employees in Military Training Academy, NDUM. Quantitative research methods were used and questionnaires have been distributed to staff and instructors in Military Training Academy, NDUM, located in Kuala Lumpur by distributing the questionnaire and analyzed using SPSS 19. The results of this study showed that the attraction towards public policy-making (t=1.927, p>0.01), commitment to public interest (t=0.289, p>0.01), self-sacrifice (t=1.623, p>0.01), compassion (t=0.704, p>0.01) and ethical leadership (t=7.071, p<0.01). Ethical leadership encourages employees to participate in community service programs and improve organizational performance.

scholarly journals What are effects of tax changes on market risk? - a case in listed Viet Nam investment and financial service companies

2021 ◽  
Vol 7 (Extra-E) ◽  
pp. 497-504
Author(s):  
Phan Anh ◽  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy
Keyword(s):  
Service Industry ◽  
Stock Exchange ◽  
Market Risk ◽  
Financial Service ◽  
Viet Nam ◽  
Tax Rates ◽  
Tax Rate ◽  
Financial Service Industry ◽  
Global Stock Markets ◽  
Tax Changes

The financial crisis has been affected many global stock markets, as well as the Viet Nam stock exchange. This study analyzes the impacts of tax policy on market risk for the listed firms in the non-banking financial service and investment industry, so-called financial service industry, as it becomes necessary. First, by using quantitative and analytical methods to estimate asset and equity beta of total 10 listed companies in Viet Nam financial service industry with a proper traditional model, we found out that the beta values, in general, for many companies are acceptable. Second, under 3 different scenarios of changing tax rates (20%, 25% and 28%), we recognized that there is not large disperse in equity beta values, estimated at 1,048, 1,050 and 1,052.These values are just little higher than those of the listed VN construction firms but much higher than those of listed banking firms. Third, by changing tax rates in 3 scenarios (25%, 20% and 28%), we recognized equity /asset beta are most the same (0,23 and 0,16) if tax rate increases from 20% to 25%, then goes up from 25% to 28%.

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