HUMAN CAPITAL EFFICIENCY AS A PARADIGM FOR IMPROVED BANK PERFORMANCE IN NIGERIA.
Keywords:
Human Capital Efficiency, Intellectual Capital,, Financial PerformanceAbstract
Recently the Nigerian banking industry, has seen an upsurge on the reliance of contractpersonnel and staff as an intergarl part of human resources. There has been a debate on the effect and implications of this paradigm shift on performance as human capital reporting is yet to be standardized. This study examined the effect of human capital efficiency on the financial performance of quoted commercial banks in Nigeria. A cross[1]sectional analysis of all the banks quoted on the Nigerian Stock Exchange as at 31st December 2018 for a period of 9years (2010 – 2018) was conducted. Expost-facto research design was employed and secondary data were obtained from Nigerian Stock Exchange fact books, annual reports and accounts of the sampled banks. The data obtained were subjected to statistical analysis using Pearson coefficient of correlation, heteroskedasticty, normality test and ordinary least square regression test at 5% level of significance. The results reveal there is a positive and statistically significant relationship between Human Capital Efficiency and financial performance of commercial banks in Nigeria. The researcher recommends the employment of efficient work-force rather than cheap labour in the Nigerian banking system, recognition and inclusion of human capital accounting in the reporting framework of banks and constant effort made to improve human capital efficiency for improved financial performance.
Downloads
Published
Issue
Section
License
Copyright (c) 2019 Journal of Global Accounting
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Articles submitted to JOGA should not have been published or are currently under review by another Journal. Kindly see the guide for the preparation of the manuscript for details. Successful submission of articles by author(s) for publication clearly implies that the work is not an infringement of any existing copyright warranty as JOGA reserves the right to be indemnified by the author(s) where any breach of such warranty is proven. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of JOGA once published unless otherwise agreed.
Permission clearance should be obtained by the author(s) where applicable for the use of any content of interest not originally created by them. This must be done before the submission of the article to JOGA. Failure to do so may lead to a lengthy delay in publication, as JOGA is unable to publish any article which has permissions pending. Thus, the rights JOGA requires are:
- Non-exclusive right to reproduce the material in the article or book chapters.
- Print and electronic rights.
- To use the material for the life of the work (for instance, there should be no time restrictions on the re-use of material).
Where tables, figures or excerpts of more than 250 words are reproduced from another source, it is expected that:
- Author(s) should obtain the necessary written permission in advance from any third-party owner of the copyright for the use in print and electronic formats of any of their text, illustrations, graphics, or other material in their manuscript. Permission must also be cleared for any minor adaptations of any work not originally created by the author(s). The author (s) should not assume that any content freely available on the web is free to use.
- Where the author adapts a significant number of any material, the author(s) must inform the copyright holder of the original work.
- Author obtains any proof of consent statements
- The author must acknowledge figure(s) and content adopted or adapted in work utilizing source(s) and further capture them in the list of references.
