Purpose: The study examined the effect of employee job satisfaction on employee productivity, assessing the impact of communication as an indicator of job satisfaction in the Nigerian federal civil service. A part of efforts to achieve the eight Sustainable Development Goal of Decent Work and Economic Growth by 2030. Theoretical Framework: Low performance and high turnover rates can result from job dissatisfaction which has been peculiar case in the public and private sector, attempt to deal with it has not been yielding positive result in the civil service in Nigeria (Rinny et al., 2020; Sadiq et al. 2020). Therefore, there is need to empirically investigate the impact of communication on employee productivity in Nigerian federal civil service which lacks sufficient research. Methodology: The study used a survey research design and purposive non-probability sampling where the data are collected through the distribution of 2,836 questionnaires to the staff of 10 Nigerian federal civil services. In order to gather data for the study, Demographic data were analyzed using basic descriptive statistical methods like mean, percentages, and standard deviations, while inferential statistics were analyzed using econometric methods like multiple and logistic regression, as well as Karl Pearson's Product Moment Correlation Coefficients. Findings: Finding of the study showed that employee productivity is strongly and favorably affected by (communication) as proxy for job satisfaction. Nonetheless, in the Nigerian Federal Civil Service, the interaction of work environment moderating between communication had no impact on employee productivity. Research, Practical & Social Implication: The study recommends that organizations should establish transparent and accessible communication channels that involves implementing regular feedback mechanisms to ensure that employees feel heard and valued Originality/Value: It is quite unusual with previous study using communication as proxy for job satisfaction as an independent variable, Also, none of the previous used work environment as mediating variable in the interplay between communication and employee productivity in civil service in Federal Capital Territory Abuja Nigeria.
The purpose of this study is to examine the link between technical efficiency and both the corporate governance and financial performance of listed financial firms on the floor of the Nigerian Stock Exchange using three theoretical approaches: shareholder theory, stakeholders’ theory, and resource dependence theory. We employed a stochastic frontier analysis to examine the impact of technical efficiency on the link between corporate governance and financial performance on the one hand, and, on the other, multiple regressions comprised of OLS and Poisson estimates to analyze a data-generating set sourced from 2007 to 2020. The results of our OLS estimates suggest that a negative but significant relationship exists between the corporate governance mechanism and the financial performance of the listed firms. When we subject the analysis to the Poisson estimates, the relationship becomes positive and significant. Our results have some positive implications.
1 November 2024 in International Journal of Professional Business Review
Objectives: This study assessed the financial literacy of Small and Medium Enterprises (SMEs) in Osun State, Nigeria, recognizing their critical role in local and national economic development. The research aimed to explore the relationship between financial literacy and financial behaviour among SME operators and to identify factors influencing financial literacy. Theoretical Framework: The study was grounded in Behavioural Finance Theory, which suggests that financial decisions are influenced by psychological and behavioural factors, helping to understand how financial literacy shapes the financial behaviour of SME owners and managers. Method: A quantitative approach was used, targeting registered members of the Nigerian Association of Small-Scale Industrialists (NASSI) in Osun State. From a population of 1,622 business owners and managers, a sample of 313 respondents was selected using the Krejcie and Morgan formula. Structured questionnaires were employed for data collection, ensuring reliability and comprehensive coverage. Results and Discussion: The findings revealed a weak but statistically significant relationship between financial literacy and financial behaviour among SMEs in Osun State. While operators showed awareness of financial concepts, they struggled to effectively apply this knowledge in their decision-making. The results emphasize the need for targeted financial education and greater access to financial tools. Research Implications: This study offers valuable insights for policymakers and educators by advocating for a holistic strategy to improve financial literacy. Enhancing financial knowledge and resource access can foster economic growth and sustainability among SMEs. Originality/Value: This research contributes to the limited literature on SME financial literacy in Nigeria and highlights the importance of addressing behavioural factors to improve the financial well-being of SMEs.