FACULTY OF MANAGEMENT SCIENCE

This study aimed to empirically examine the impact of training and development on the achievement of organizational goals among managers of Access Bank Plc. To guide the study, three research questions were raised, and three hypotheses were generated. The survey adopted a survey research design approach which sought to understand the impact of training and development on employee performance in Access Bank Plc, Benin City, ,. Edo determine the sample size from the population, and after due computation, a sample of 115 respondents was arrives at. The study utilized a questionnaire as the research instrument to sample the opinions of the managers on the subject matter. A total of 115 questionnaires were distributed, however, only I00 were retrieved. The data collected were analyzed using frequency count, percentages, mean and standard deviation while linear regression was used to determine the impact of training and development on the achievement of organizational goals. Findings obtained from the analysis of the data indicated that staff training and development has a strong and positive impact on the achievement of organizational goals. Also, it was found that there is a significant relationship between staff training and development on the achievement of organizational goals. Based on the findings, the study recommends amongst others that organization should invest comprehensive and tailored programs that align closely with organizational goals. This could involve clear communication of training objectives and expectation to employees and identifying and
addressing barriers and challenges in implementing training programs..

This study examined the impact of the perception of compensation management practices on employee performance in the hospitality industry in Benin City, Nigeria. Specifically, it explored the relationships between salaries and wages, fringe benefits, staff allowances, incentives, and training opportunities and their influence on employee performance. A survey research design, specifically the cross-sectional variant, was adopted. The study population comprised all employees in the hospitality industry in Benin City, and a stratified random sampling technique was used to select a representative sample of 385 respondents. Data were collected using a structured questionnaire, with a retrieval rate of 98%, and analysed through descriptive statistics, correlation, and multiple regression analysis using SPSS version 24. Findings revealed that fringe benefits, allowances for staff, and incentives had a positive significant correlation with employees' performance, which testifies the importance of both monetary and non-onetary
rewards in motivating employees. However, wages and salaries did not statistically significantly impact performance, i.e., base pay alone may not be the productivity driver for the hospitality sector. Opportunities for training had a strong but weak positive relationship with performance, i.e., better organised and industry-specific training programmes need to be implemented. Based on these findings, the study recommended that hospitality organizations adopt an overall compensation policy by offering attractive fringe benefits, staff allowances formalized, and properly designed incentive schemes to enhance employees' motivation and performance. Besides, training programmes need to be developed according to the functional needs of employees in order to realize their full potential

The study investigated the factors that determine students academic performance with the Faculty of Management Sciences, University of Benin as the geographical scope. The study aimed at investigating how some factors such as socioeconomic factors, instructional quality and teaching methods, motivation and student engagement determine the academic outcome of students. The study sample consisted of one hundred (100) students from the faculty. A survey research design was adopted eliciting the use of a structured questionnaire in obtaining responses from the respondents on the subject. Descriptive statistical method and regression statistical method were applied to analyze the data and investigate the factors that determine students academic performance. The findings in the study identified that socioeconomic factors has a significant positive effect on academic performance. The study confirms that instructional quality and teaching methods significantly impact academic performance. The study also confirms that student motivation and engagement exert a significant positive effect on academic performance.

This study examines the impact of insurance risk management on gross fixed capital formation in Nigeria. The research objectives are to evaluate the impact of life, motor, fire, and accident insurance claims on gross fixed capital formation in Nigeria, determine the factors that influence insurance risk management, and investigate the relationship between insurance risk management and gross fixed capital formation in Nigeria. The study employs an ex-post facto research design, targeting all registered insurance companies in Nigeria and using secondary data collected over a period of 23 years. The findings suggest that motor and fire insurance claims have a significant impact on gross fixed capital formation in Nigeria, while life and accident insurance claims do not have a significant impact. It was recommended, among others, that the Nigerian government should invest in creating an environment that encourages proper risk management practices within the insurance industry. This could include incentivizing companies to conduct risk assessments, develop risk management strategies and invest in risk management technologies.

The study examined the determinants of environmental disclosures in the Nigerian oil and gas sector. Secondary data was retrieved from the corporate annual reports of the sampled companies. Descriptive statistics, ordinary lease square, analysis, endogenuity test, fixed and random effect estimation, Hausuan tests were all carried out. Regression tests such as normality, multicolliinsarity, heteroskidasticity and serial correlation were also carried out, the study revealed that profitability exerted a positive and statistically
significant impact on environmental disclosure, leverage exerted a negative impact but statically significant. Company size has no significant impact. There is a significant evaluating effect of foreign domestic ownership ratio on the relationship between firm size, lavage, financial performance and environmental disclosures. We therefore recommend that firms doing well financially should pay more attention to environmental reporting, firms irrespective of their leverage level should improve their environmental performance; both small and big firms should improve their environmental performance and that, the presence of more foreign-domestic ownership will lead to more robust disclosures of environmental issues.

This study investigates the impact of real estate financing on economic growth in Nigeria, by analyzing its effects on Nigeria's Gross Domestic Product (GDP). Specifically, the study aims to evaluate the contribution of FDI, mortgage financing, and commercial real estate loans to the nation’s economic performance, providing actionable insights for policymakers and stakeholders. A longitudinal, ex-post facto research design was adopted, utilizing panel data from 2014 to 2023. Data were sourced from the Central Bank of Nigeria (CBN), the National Bureau of Statistics
(NBS), and reports from financial institutions and real estate firms. Panel data analysis was employed to capture both cross-sectional and time-specific effects, ensuring a robust assessment of the relationships between the variables. The findings reveal that all three dimensions of real estate financing significantly contribute to Nigeria's economic growth. FDI in real estate fosters capital inflow, infrastructure development, and job creation. Mortgage financing enhances housing accessibility and stimulates economic activity in the construction and housing sectors. Commercial real estate loans enable business expansion, infrastructure development, and increased urbanization, further boosting GDP. Based on these findings, the study recommends that the Nigerian government create a conducive environment for FDI by simplifying regulatory processes, ensuring macroeconomic stability, and offering investment incentives. Policies should also focus on improving access to affordable mortgage financing through innovative financing models, reduced interest rates, and expanded credit availability. Additionally, financial institutions should be incentivized to provide more commercial real estate loans by reducing associated risks and offering tax benefits for such lending

This study investigated the effect of leadership styles on organisational performance in the hospitality sector in Benin City, Edo State, Nigeria, focusing on six selected hotels: Protea Hotel, Precious Palm Royal Hotel, Uyi Grand Hotel, Western Villa Hotel, Limoh Suites, and El-Hassani Hotel. The research adopted a quantitative survey design, and data were collected from 134 employees using structured questionnaires. The analysis was conducted using SPSS version 22, applying both descriptive statistics and multiple regression analysis to assess the influence of five leadership styles—transformational, transactional, laissezfaire, autocratic, and participative—on organisational performance. The results revealed that transformational leadership had a strong and statistically significant positive effect on organisational performance (β = 0.505, p < 0.001), followed by transactional leadership, which also showed a significant positive influence (β = 0.220, p = 0.021). However, laissez-faire, autocratic, and participative leadership styles demonstrated positive but statistically insignificant effects, indicating that while they may be perceived as supportive, they do not contribute meaningfully to measurable performance outcomes in the hotel industry. The study recommends targeted investment in leadership development programs that emphasise vision, motivation, and innovation. The research contributes to the leadership-performance discourse by providing context-specific empirical evidence from the Nigerian hotel industry and calls for further investigation into sectoral and behavioural mediators of leadership effectiveness.

The thrust of this study is on the impact of Chief Executive Officer’s (CEOs) attributes on environmental disclosure in Nigeria. It specifically examined how CEO tenure, CEO foreign CEO gender and CEO age influence environmental disclosure among Nigerian firms. The study adopted the ex-post facto research design. The sample consisted of thirty (30) companies selected from five environmentally sensitive sectors (construction and real estate, conglomerate, agriculture, natural resources; and health) listed on the Nigerian Exchange Group (NGX) between the periods of 2018 to 2023. Secondary data was used as extracted from the annual reports and accounts of the sampled firms. The data were analysed using descriptive statistics, correlation matrix and panel regression analysis. The findings showed an average environmental disclosure of 17.6%. The result of the regression analysis revealed that while CEO tenure and CEO age have direct and inverse relationship with environmental disclosure respectively, the variables of CEO foreign exposure and CEO gender were statistically non- significant. The study recommends among others that regulators of the non-financial companies should replicate the CEO tenure ship requirements applicable to Nigerian commercial banks. It was also recommended that competency; experience and performance in prior engagements should be primary decision-making benchmarks for appointing new CEOs while gender and foreign exposure can be secondary requirements.

This study examined the effect of corporate governance mechanisms on the performance of listed insurance firms in Nigeria over the period 2015 to 2024. The main objective was to investigate how board independence, board diversity, board size, and CEO duality influence firm performance measured by return on assets. The study adopted an ex-post facto research design and relied on secondary data obtained from the published annual reports of ten purposively selected insurance companies listed on the Nigerian Exchange Group. The population comprised twenty-eight listed insurance firms as of December 2024. The study employed panel data analysis using both the Fixed Effects and Random Effects models. The Hausman specification test was conducted to determine the most appropriate model for estimation, and the test result favoured the Fixed Effects model. Descriptive statistics and correlation analysis were used to summarise the data and examine the relationships among the variables, while regression analysis was applied to test the study hypotheses. The findings revealed that board independence, board diversity, and board size each have a positive and statistically significant effect on firm performance, whereas CEO duality has a negative and significant effect. The results imply that firms with more independent and diverse boards and optimal board sizes perform better financially, while those combining the roles of CEO and board chair tend to underperform. The model explained approximately 61.1 percent of the variation in firm performance, indicating a strong explanatory power. The study concludes that effective corporate governance mechanisms are crucial for improving profitability and ensuring the long-term sustainability of insurance firms in Nigeria. It recommends that companies should strengthen board independence, promote gender diversity, maintain optimal board sizes, and separate leadership roles in order to enhance accountability, transparency, and performance. The study contributes to existing literature by providing empirical evidence from the Nigerian insurance industry and by demonstrating the applicability of panel data techniques in assessing governance–performance relationships in emerging markets.

The broad objective of this study is to determine the link between board diversity and firm financial performance of quoted manufacturing industry in Nigeria the specific objectives are to evaluate how board gender affect financial performance of quoted manufacturing industry in Nigeria, ascertain the extends to which board professional background affect financial performance of quoted company in Nigeria and to examine the relationship between board ethnicity and financial performance of quoted manufacturing company in Nigeria. The relevant data for the study covers a period of 6 years (2018 to 2023) all manufacturing company Nigeria. This study employs the descriptive statistics, ordinary least square (OLS) multivariate regression analysis. Base on the result it could deduce that there is a relationship between board diversity and firm financial performance. On the other hand, Board gender diversity and board ethnicity was statistically insignificant at 5% level. While board educational background and board age were not statistically significant at 5% level.