scholarly journals COST EFFECT IMPLICATIONS OF TRAINING AND DEVELOPMENT ON ORGANIZATIONAL PERFORMANCE OF SELECTED CORPORATIONS

2020 ◽  
Vol 2 (1) ◽  
pp. 50-73
Author(s):  
Sehilat Abike BOLARINWA
Keyword(s):  
Organizational Performance ◽  
Positive Impact ◽  
Primary Source ◽  
Secondary Data ◽  
Sampling Technique ◽  
Target Population ◽  
Training And Development ◽  
Annual Reports ◽  
Secondary Sources ◽  
Cost Implications

This research paper investigates the effect of cost implications of Training and Development on organizational performance of selected corporate organizations in Lagos State. The study adopted explanatory research design. The target population for the study is the Staff of the selected organizations. This comprises of 224members of staff from which a sample size of 142 respondents was derived using random sampling technique. Both primary and secondary sources of data were employed. The primary source of data were gotten through administration of questionnaires to the selected HR staff of the concerned entities while secondary data were retrieved from annual reports, related and current journals, articles and textbooks. Quantitative and qualitative data were gathered and the quantitative data was analyzed using SPSS 21.0. Correlation Coefficient was calculated for initial exploration of the relationships between the variables. This helped to indicate the size and direction of the relationship between the independent and dependent variables. The hypothesis tested revealed that training and development have positive impact on organizational performance. It confirmed that cost of Off the-Job training and development of HR influences organizational productivity and efficiency. The findings established a positive correlation between training and development and Organizational Performance. It was therefore recommended that managers of corporate organizations should emphasize on regular and relevant workshop and training for manpower development.

THE IMPACT OF TRAINING AND DEVELOPMENT ON EMPLOYEE JOB ENRICHMENT IN THE KANO ELECTRICITY DISTRIBUTION COMPANY

2020 ◽  
Vol 2 (1) ◽  
pp. 216-247
Author(s):  
Tafida Jibril ABUBAKAR ◽  
Tukur Ibrahim NUHU ◽  
Salisu Jafaru SHEHU
Keyword(s):  
Organizational Performance ◽  
Secondary Data ◽  
Training And Development ◽  
Annual Reports ◽  
Primary Data ◽  
Electricity Distribution ◽  
Secondary Sources ◽  
Distribution Company ◽  
Job Enrichment ◽  
The Impact

Training and development strengthen those skills, competencies and capabilities that an employee needs to improve his performance. Well-articulated training and development programs help the employees to achieve job enrichment and employer to attain improved organizational performance. This study assesses the extent to which training and development improves employees’ performance in the Kano Electricity Distribution Company (KEDCO). The study adopts a mixed research method. Both primary and secondary sources of data were used; primary data were through the administration of 331questionnaires and interview. A 331sample size of respondents was used; interviews were also conducted to 20 management staff of the KEDCO headquarter and regional offices in Kano, Katsina and Jigawa states. The secondary data used in this study include publications, such as annual reports, journals, conference papers, gazettes, circulars and unpublished dissertations as well as textbooks. Both descriptive and inferential statistics were used in presenting and analyzing the data for the study. The study found a significant relationship between training and development and employee job satisfaction in Kano Electricity Distribution Company. The study recommends that a concerted effort should be made by the management of Kano Electricity Distribution Company to ensure that training needs analysis are observed when selecting employees for training in the Kano Electricity Distribution Company.

scholarly journals DETERMINANTS OF FINANCIAL PERFORMANCE AMONG SAVINGS AND CREDIT CO-OPERATIVE SOCIETIES IN KAKAMEGA COUNTY KENYA

2018 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Emily Esokomi ◽  
Dr. Mbithi Mutua
Keyword(s):  
Financial Performance ◽  
Survey Design ◽  
Pearson Correlation ◽  
Correlation Coefficients ◽  
Secondary Data ◽  
Sampling Technique ◽  
Target Population ◽  
Risk Identification ◽  
Annual Reports ◽  
Return On Equity

Purpose: The main objective of this study was to investigate determinants of financial performance of Savings and Credit Co-operative Societies in Kakamega County. Methodology: This study used a descriptive survey design. The target population for this study was 44 SACCOs in Kakamega County. The study used census sampling technique. Secondary data was obtained from Audited Annual Reports of the 44 SACCOs in Kakamega County- Kenya. The data was analyzed using the Statistical Packages for Social Sciences (SPSS). Analysis of the data collected focused on both the descriptive statistics (trends) and inferential statistics (Pearson Correlation Coefficients and multiple regression coefficients. The analyzed data was presented in frequency tables and graphs. Regression analysis was used to establish the relationship between the independent and dependent variables. Results: The study findings revealed that liquidity and return on equity were positively and significantly related, results further indicate that capital structure and return on equity were positively and significantly related. It was further established that assets quality was negatively and significantly related to return on equity. Similarly, results showed that income diversification was positively and significantly related to return on equity Policy recommendation: The study recommends that all SACCO’s managers should be trained on the deployment of efficient systems to strengthen liquidity risk control fundamentals, that SACCOs should capitalize on efficient mobilization of members’ savings and borrow less, unless they get cheap sources of external funds such as soft loans, that the Saccos should improve their investment assets levels and improve assets quality by reducing the rate of nonperforming loans through credit risk identification.

scholarly journals Corporate Social Responsibility Disclosure and Financial Performance of Quoted Nigerian Cement Companies

2019 ◽  
Vol 3 (2) ◽  
pp. 89
Author(s):  
Ibrahim Aliyu Gololo
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Positive Impact ◽  
Random Effect ◽  
Secondary Data ◽  
Sampling Technique ◽  
Annual Reports ◽  
Corporate Social Responsibility Disclosure ◽  
Corporate Social

The issue of CSRD has been recognized as an evolving phenomenon since late 1970’s and it has been given attention in accounting literature with increased pressure from the stakeholders on companies to pay-back to their host communities. This study examines empirically the relationship between corporate social responsibility disclosure and financial performance of quoted cement companies in Nigeria. Secondary data were sourced and used from the quoted Nigerian cement companies annual reports. A Samples of three [3] companies emerged from the  population of five [5] companies using purposive sampling technique method. This study utilizes annual report of ten [10] years period covering [2008-2017] to obtain data for the study. The objective of this study is to examine relationship between CSRD and financial performance of quoted cement companies in Nigeria. Pooled OLS and Random Effect [RE] Panel Estimation analysis methods were used to display and discuss the results using STATA Version 12. The results revealed that corporate social responsibility disclosure have a significant and positive impact on the return on equity and return on capital employed. However, leverage and company size as control variables have a positive significant effects on the financial performance of quoted cement companies in Nigeria. Thus, CSRD is an important component to consider in determining financial performance of companies. The study recommends that quoted cement companies should increase the level of their CSR activities due to its enormous benefits on their financial performance, especially on the ROE and ROCE and Government should set quantum amount of atleast 2.5% on PBT of cement companies for execution of CSR activities to their immediate communities.

scholarly journals Training and Development Costs, Staff Costs and Operational Profitability in Nepalese Commercial Nanks

2020 ◽  
Vol 23 (2) ◽  
pp. 109-118
Author(s):  
Naba Raj Adhikari
Keyword(s):  
Commercial Banks ◽  
Joint Venture ◽  
Positive Impact ◽  
Sampling Technique ◽  
Training And Development ◽  
Study Data ◽  
Annual Reports ◽  
Development Costs ◽  
Private Banks ◽  
The Relationship

The main aim of this study was to identify examine the relationship between staff trainings and development costs, total staff costs and the operational profit of Nepalese commercial banks. Six commercial banks has been taken for the study using purposive sampling technique from the total population consisting two government owned banks, two joint venture banks and the rest from private commercial banks. Training and development costs, staff costs and operational profit (before tax) has been defined as the variables of the study. Data have been collected from the annual reports of respective banks covering for the financial year 2016/2017 to 2019/2020. This study found that private commercial banks have focused on training and development to their staff. The staff costs of private banks has been highly explained by training and development costs and it has resulted higher positive impact of staff cost with operational profit.

Determinants of audit fees in quoted financial and non-financial firms

2021 ◽  
Vol 3 (2) ◽  
pp. 30-40
Author(s):  
Wasiu Ajani Musa ◽  
Ramat Titilayo Salman ◽  
Ibrahim Olayiwola Amoo
Keyword(s):  
Financial Reporting ◽  
Audit Quality ◽  
Secondary Data ◽  
Sampling Technique ◽  
Audit Fees ◽  
Three Dimensions ◽  
Annual Reports ◽  
Lagrangian Multiplier ◽  
Financial Firms ◽  
Lm Test

Regulators have ensured the compulsory disclosure of audit fees in the financial statement to overcome abnormal fees and instill credibility in the financial report since audit pricing is contingent upon audit quality. However, discrepancies between audit fee dimensions are evidenced in the abnormal audit fees, resulting in accounting scandals. Hence, this study assessed the determinants of audit fees in quoted financial and non-financial firms by building a model underpinned by agency theory (Mitnick, 2006) and economic theory of product differentiation (Beath & Katsoulacos, 1991). Secondary data were utilized from companies’ annual reports between 2009 and 2018 using the purposive sampling technique. Furthermore, Breusch-Pagan Lagrangian multiplier (LM) test and the Hausman test indicated the consistency of the models. The static panel regression estimations showed that auditee size, risk, auditor size, reputation, engagement lag, and International Financial Reporting Standards (IFRS) implementation significantly affect audit fees in both sectors. This study concluded that the three dimensions largely determine audit fees. This study instructively proposed that assurance clients should devise an outline of guidelines and practices to guide activities in the sectors by monitoring the variables that impact audit fees

A turnaround fuelled by transformational leadership

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mayuree Sengupta
Keyword(s):  
Decision Making ◽  
Transformational Leadership ◽  
Organizational Performance ◽  
Secondary Data ◽  
Management Style ◽  
Early Years ◽  
Annual Reports ◽  
Work Experiences ◽  
Content Type ◽  
The Rich

PurposeThe purpose of this paper is to understand how Chairman and Managing Director (CMD) of the National Research Development Corporation, India, Hanumanthu Purushotham had facilitated a turnaround of the organization and ensured profitability during his tenure there. This is one of the series of interview-based studies that focuses on a South Asian CEO, with the goal of ascertaining his leadership and management style in a volatile situation. This brief paper expounds how leader traits and transformational leadership can positively impact an organizational turnaround and fuel growth.Design/methodology/approachThis paper uses primary interviews and complements the findings with secondary data sources such as annual reports and management literature on leadership trait, transformational leadership and organizational turnaround.FindingsThe study found that socioeconomic factors have a bearing on leadership attributes. In this instance, the CMD's early years, diverse work experiences, bright traits and transformational leadership positively impacted organizational performance. Therefore, not only the qualifications but also the qualities of a leader are pivotal in shaping success of an organization.Originality/valueThe narrative provides an instance of how decision-making driven by strategic leadership can change firm performance. The rich experiences of the India-educated CMD, a government job holder all-through, provides a veteran's view to decision-making in a state-controlled firm and helps us understand how an organization can be transformed in a limited time and with scarce resources.

scholarly journals Impact of Training and Development of Employees on Employee Performance through Job Satisfaction: A Study of Telecom Sector of Pakistan

2016 ◽  
Vol 7 (1) ◽  
pp. 29 ◽  
Author(s):  
Afaq Ahmed Khan ◽  
Sardar Osama Bin Haseeb Abbasi ◽  
Raja Muhammad Waseem ◽  
Mohsin Ayaz ◽  
Moazzam Ijaz
Keyword(s):  
Job Satisfaction ◽  
Response Rate ◽  
Positive Impact ◽  
Employee Performance ◽  
Sampling Technique ◽  
Training And Development ◽  
Performance Training ◽  
Convenience Sampling ◽  
Telecom Sector ◽  
Executives And Managers

<p>Training and development of employees and job satisfaction of employees are two crucial components for the performance of employee. In this study the influence of training and development on employee performance through job satisfaction is studied. 115 questionnaires were distributed among employees i.e. executives and managers of Telecom companies in Abbottabad, Haripur and Mansehra of which 105 were returned. Convenience sampling technique was used for data collection. The response rate was 91%. The finding of our study showed positive impact of training and development and job satisfaction with employee performance. Training and development will lead to higher job satisfaction level in employees and they will fulfill their duties with a great deal of responsibility with best performance.</p>

scholarly journals Intellectual Capital and Its Disclosure on Firm Value

2021 ◽  
Vol 10 (1) ◽  
pp. 86-95
Author(s):  
I Nyoman Wijana Asmara Putra ◽  
Ni Made Dwi Ratnadi
Keyword(s):  
Intellectual Capital ◽  
Firm Value ◽  
Banking Industry ◽  
Positive Impact ◽  
Stock Exchange ◽  
Secondary Data ◽  
Annual Reports ◽  
Qualitative And Quantitative ◽  
Coding Scheme ◽  
Structural Capital

Intangible assets, such as information, are becoming increasingly essential to companies. Intellectual capital is another term for knowledge assets. The aim of this study is to find empirical evidence of the influence of intellectual capital and intellectual capital disclosure on firm valuation, as well as to identify the types of disclosures made by the banking industry listed on the Indonesia Stock Exchange from 2015-2019. The data used in the analysis were secondary data from annual reports. A six-way numerical coding scheme determines the disclosure item index. With 36 disclosure objects, the disclosure categories are divided into three categories: structural capital, human capital, and external capital. Content analysis and multiple linear regression are two data analysis methods. The results of the analysis show that an average of 49.91 percent is expressed in the form of a narrative, 16.44 percent is in the form of a combination of qualitative and quantitative, 7.53 percent is in the form of numbers and 1.44 items are expressed in the form of monetary units (rupiah). Meanwhile, an average of 24.33 percent of items of disclosure were not disclosed. Intellectual capital disclosure has a positive impact on firm value, while intellectual capital has no impact. According to research, investors in the banking industry consider intellectual capital disclosure when making investments.

scholarly journals Eksistensi Atraksi Pariwisata Di Daya Tarik Wisata Toya Devasya Kintamani (Suatu Studi Pustaka)

2020 ◽  
Vol 8 (2) ◽  
pp. 387
Author(s):  
Ni Made Ayuk Putriani ◽  
I Gusti Agung Oka Mahagangga
Keyword(s):  
Local Community ◽  
Positive Impact ◽  
Secondary Data ◽  
Tourist Attraction ◽  
Literature Study ◽  
Qualitative And Quantitative ◽  
Secondary Sources ◽  
International Tourist ◽  
Data Source ◽  
Multiple Impact

           Toya devasya is tourist attraction located ini Kintamani subdistrict, Bangli regency. Domestic tourist and international tourist very interested with toya devasya, we should give an appreciation due to management, strategy and travel products, toya devasya felt very fast to built its identity, very interesting and give multiple impact to the local community. Toursm activities have very interesting that sustainability must be pursued. Secondary sources show that the management has made a good effort to manage and establish harmony with the local community. This situation must be pursued for the sustainability of tourism development Method of this research is literature study and the data are qualitative and quantitative, the data source is secondary data by using article tourism science, book and the internet source. The results obtained is the toursm activitiy has not had a positive impact to the local community and the management seem like they are not involved the community in making a decisions, policy maker, to get a benefit from toursm activities. Keywords: Exsistence, tourist attraction, Local Community, Toya Devasya

scholarly journals THE MODERATING EFFECT OF INDEPENDENT COMMISIONERS ON FINANCIAL POLICY AND PUBLIC OWNERSHIP TOWARD CORPORATE FINANCIAL PERFORMANCE

2020 ◽  
Vol 2 (2) ◽  
pp. 139
Author(s):  
Niko Silitonga
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Measurement Instrument ◽  
Secondary Data ◽  
Sampling Technique ◽  
Annual Reports ◽  
Corporate Financial Performance ◽  
Financial Policy ◽  
Public Ownership ◽  
The Relationship

<p align="center"><strong>Abstract</strong></p><p><em>The corporate financial performance is one of the measurement instrument whether the company is sustainable. This study aims to determine the effect of financial policy and public ownership on corporate financial performance with Independence of commissioners as a moderating variable in mining companies listed on Indonesia Stock Exchanges. This research uses a quantitative research model using secondary data. The data in this study were processed by the Moderating Regression Analysis (MRA) method supported by the IBM SPSS and Microsoft Excel programs as support software with data analysis techniques in the form of a classic assumption test and R2 test, F test, and t test. The population in this study are companies that have reported annual reports consistently during the 2014-2017 period. This study used a purposive sampling technique and obtained as many as 19 companies in accordance with predetermined criteria. The results of this study indicate that financial policy proxied by debt policy (DER) has a significant and positive effect on corporate financial performance, public ownership has no significant effect on corporate financial performance, independence commissioners strengthen the relationship between financial policy on corporate financial performance and independence commissioners do not has a moderating role between the relationship between Public Ownership and corporate financial performance. This study uses data from mining sector companies, it is recommended for further research to use other sectors such as: Property &amp; Real Estate Sector, Manufacturing Sector, and others listed on the Indonesia Stock Exchange.</em> <em>The implications of this study for the company management, this research can provide input to the company to be able to choose and use an independent commissioner who fulfills expertise in the financial and business fields of his company in order to make a decision on his company's financial policy.</em></p><strong>Keywords:</strong> <em>Independence of Commissioners, Financial Policy, Public Ownership, Corporate Financial Performance</em>.

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