Management by Objectives (MBO) as an Instrument for Organizational Performance of Deposit Money Banks in Nigeria
Year: 2018
Type: article
Study design: Observational Study
Abstract: This study investigated Management by Objectives (MBO) as an instrument for organizational performance of deposit money banks in Nigeria, Yola metropolis in particular.Data for the study was sourced through the use of structured questionnaires distributed to the selected deposit money banks (Diamond, Fidelity and Access banks).The study employed descriptive statistics, multiple regression technique in estimating the relationship between MBO and organizational performance of deposit money banks in Yola metropolis, correlation coefficient was also used to test the extent to which MBO relate to organizational performance of deposit money banks.The study revealed that involvement of employees in Goal Settings (GS), Delegation of Authority to the employees (DA) and Motivation to the employees (M) were positively affecting organizational performance of the deposit money banks in Yola metropolis and their coefficients were rightly signed, implying that increase in the involvement of employees in Goal Settings (GS), Delegation of Authority to the employees (DA) and Motivation to the employees (M) will improve the performance of deposit money banks in Nigeria.
Author: Felix Francis
Language: English
Subfield: Human Factors and Ergonomics
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2892884417