scholarly journals Determinants of State Institutions Performance in Sierra Leone

2021 ◽  
Vol 6 (3) ◽  
pp. 11-22
Author(s):  
Albert Harrison Harvey ◽  
◽  
Dr. Dante A. Bendu ◽  
Keyword(s):  
Human Capital ◽  
Performance Management ◽  
Sierra Leone ◽  
Public Institutions ◽  
Primary Data ◽  
Human Capital Development ◽  
Administrative Structure ◽  
State Institutions ◽  
Strongly Agree ◽  
Capital Development

Public institutions performance has been the greatest concern for governments in different parts of the world. In Sierra Leone, the success of governments departments contribute towards the socio economic development of the country. Nevertheless, achieving exceptional performance in public institutions is encircled with enormous challenges that hinders the achievement of strategic objectives. Considering the quantum challenges surrounding public institutions performance, addressing those challenges requires consideration of numerous elements that could influence performance. However, this study focus on determinants of state institutions performance in Sierra Leone. The investigation started with an assessment of previous and existing performance benchmarks and then proceeded to its focus. This study was conducted in Freetown, using three public institutions as sample frame and obtained a sample size of 300 employees in a random manner, ranging from nonsupervisory to managerial level. We employed primary data collection method, using the Linkert scale system, which shows the following description: 5=Strongly Agree, 4=Agree, 3=Neutral, 2=Disagree, 1=Strongly Disagree. The study analysed primary data with descriptive statistics and correlational methods aided by SPSS 21. Data obtained from respondents shows that human capital development, rewards, effective and efficient administrative structure and personnel engagement determines state institutions performance. Respondents noted that if state institutions have efficient administrative structure, they would facilitate human capital development and empowerment, ensure efficient management of financial resources and engage personnel for effective job performance. The aforementioned elements constitute determinants of exceptional performance. This study is therefore noteworthy to performance management specialists, human capital enhancement professionals and public institutions in Sierra Leone.

scholarly journals Does institutional logic matter in microfinance delivery? An empirical study of microfinance clients

2019 ◽  
Vol 26 (2) ◽  
pp. 177-202
Author(s):  
Victor Yawo Atiase ◽  
Samia Mahmood ◽  
Yong Wang
Keyword(s):  
Human Capital ◽  
Social Welfare ◽  
Linear Regression Analysis ◽  
Financial Capital ◽  
Primary Data ◽  
Human Capital Development ◽  
Entrepreneurship Training ◽  
Content Type ◽  
The Social ◽  
Capital Development

Purpose From an institutional theory perspective, the purpose of this paper is to investigate the combined impact of financial capital (microcredit) and human capital development (entrepreneurship training) delivered by financial non-governmental organisations (FNGOs) on the performance of micro and small enterprises (MSEs) in Ghana. Design/methodology/approach Adopting a multiple linear regression analysis, the study used primary data collected from 506 Ghanaian MSEs. Microcredit was measured using four main constructs, namely, loan cost, loan amount, the flexibility of loan repayment and loan accessibility. Entrepreneurship training was measured using four main constructs, namely, training content, training efficiency, training frequency and training accessibility. MSE performance was also measured using three main indicators, namely, sales, employment and profitability growth. The study controlled for business age, industry category, manager’s educational level and gender. Findings The results of this study show that the combined delivery of financial and human capital development by FNGOs has a significant impact on MSE performance. The social welfare logic adopted by FNGOs seems to be legitimate to the needs and growth of MSEs in Ghana. However, the cost of microcredit remains a drawback, constraining the performance of MSEs in Ghana. Research limitations/implications This study was carried out in the Volta Region, which is one of the ten regions of Ghana. Even though the sample size suffices, the findings from this study could not be generalised to the whole of Ghana. Also, this study is a quantitative study and could benefit from a triangulated method where the qualitative inputs could offer insights into the findings in this study. Originality/value Theoretically, this study contributes to the understanding of institutions and the type of impact they have on the growth of MSEs. Practically, the provision of a conducive environment and access to financial capital is crucial to the growth of MSEs. Also, the adoption of the social welfare logic in microfinance delivery could be one of the major steps in promoting the performance of MSEs in Ghana.

scholarly journals The sustainable human capital development and financing of education in Europe and Ukraine

2020 ◽  
Vol 2020 (3) ◽  
pp. 63-78
Author(s):  
Myroslava OLIEVSKA ◽  
◽  
Arthur ROMANOV ◽  
Dmytro BONDARENKO ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
International Organizations ◽  
Sustainable Growth ◽  
Human Capital Development ◽  
State Institutions ◽  
European Experience ◽  
Expenditure Per Pupil ◽  
Capital Development ◽  
Financing Education ◽  
Practical Recommendations

Human capital is a key to unlocking a child’s potential and to improving economic growth in every country. But the COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the developing countries. The research is devoted to the analysis of the European experience of financing education for sustainable human capital development and provides practical recommendations for implementing tools for financing education for sustainable human capital development in Ukraine. In order to achieve the stated purpose theoretical bases, legislative and regulatory official documents were analyzed. The main problematic areas are: participation of adults in learning; the share of employed graduates; the low level average expenditure per pupil/student and others. The review shows that the most perspective approaches to financing education for sustainable human capital development are partnership of governments, local authorities, educational, business and household institutions; reform the mechanism of education funding. As a result, the roles of the EU and international organizations in the development of mechanisms and tools for financing education at all levels by different groups of actors have been identified. The objective need for cooperation of international organizations, state institutions, economic entities and human capital carriers to finance quality and affordable education is substantiated. The results of the study can be used in governance models. The study actualizes the value of human capital development and financing of education, and proves their impact on the sustainable growth.

scholarly journals Enhancing Sustainable Economic Growth and Development through Human Capital Development

2015 ◽  
Vol 5 (1) ◽  
pp. 1 ◽  
Author(s):  
Godfrey Oshilim Nkogbu
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Growth And Development ◽  
Critical Role ◽  
Primary Data ◽  
Structured Interviews ◽  
Human Capital Development ◽  
Economic Growth And Development ◽  
Capital Development ◽  
Sustainable Economic Growth

This study examined enhancing sustainable economic growth and development through human capital development in Nigeria. Primary data were collected through structured interviews from 296 respondents via questionnaire.The survey research design was used to collect data for the study. Data collected were analyzed using simple percentage (%), mean score (x) and chi-square (X2). Results of the findings showed that human capital development plays a critical role in economic growth and development; investment in human capital development will result in improved economic growth and development and that economic growth and development cannot be sustained without human capital development.The study concluded that to enhance and sustain economic growth and development, and for human capital to have an impact on economic growth and development, Nigeria needs to invest more on its human capital development as well as the provision of opportunities for developed human capital to express their skills, knowledge and abilities. The study suggested that more priority should be given to human capital development as well as the educational sector and human capital development should be the responsibility of all and sundry and not government/organizations alone. 

scholarly journals Managing Human Capital Development In Small And Medium-Sized Enterprises For Sustainable National Development In Nigeria

2011 ◽  
Vol 15 (2) ◽  
pp. 95
Author(s):  
Christopher O. Chidi ◽  
Oluseyi A. Shadare
Keyword(s):  
Human Capital ◽  
Human Resource Development ◽  
National Development ◽  
Sampling Technique ◽  
Target Population ◽  
Human Capital Development ◽  
Demographic Profiles ◽  
Strongly Agree ◽  
Response Rate Data ◽  
Capital Development

This study investigated the challenges confronting human capital development in small and medium-sized enterprises (SMEs) in Nigeria. The authors adopted the survey research design. An instrument was designed using the 5-point Likert scale ranging from strongly agree (5) to strongly disagree (1). The instrument has two sections. Section A has nine items which sought the views and opinions of respondents on the challenges of human capital development in SMEs and Section B has eight items which elicited the demographic profiles of respondents. A total of 165 questionnaires were distributed to the target population using the purposeful (judgmental) sampling technique. Out of the 165 questionnaires administered, 140 were returned upon which the analysis was based. This represents an 85% response rate. Data analysis was carried out with the aid of SPSS (Statistical Package for Social Sciences). It was found that human capital development in Nigerian SMEs leaves much to be desired. Based on the analysis of data, it was found that 79% of respondents agreed and strongly agreed that many SMEs have negative training philosophy and pay lip service to human resource development. Seventy percent of the respondents agreed and strongly agreed that many SMEs do not have laid-down policies governing training and development programmes, while 52% of the respondents agreed and strongly agreed that SMEs engage in human capital development haphazardly, without embarking on need analysis. The authors recommended the need to address the issues of human capital development in SMEs and for SMEs to embrace the investor in people criteria if the desired corporate and national goals are to be realized.

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