Abstract:
Corporate entrepreneurship has recently been a major discourse around business circles all over
the globe for quite a while, with a rush by many authors to give a contribution on its effect on
firm's performance. With trade liberalization, improved technology, globalization and stiff
competition, the ambition to outpace peers in business is seemingly no longer in cost cutting,
improved quality, or better services, but depends more on entrepreneurial orientations. Some of
these orientations include, innovativeness, leverage, risk taking, etc. Using structural Equation
modelling and analysis of variance, four corporate entrepreneurship dimensions were examined
in five Nigerian banks from 2007 to 2015. Data for analysis were sourced from the five banks
through questioning by telephone and by questionnaire, on 250 staff of the five banks. Also,
researchers consulted the annual reports of the banks for the affected years and used return on
assets and return on equity as performance indicators. The data were subjected to Cronbach
reliability test, Statwing T-Test, factor analysis, and ANOVA single factor F statistic and Pvalues
were used to test the null hypotheses. The results from the analysis showed that the four
corporate entrepreneurial dimensions enhance bank performance. The study concludes that the
effect of entrepreneurial dimension pervades every organisation irrespective of the size of the
organisation. The study recommends that to enhance performance in an organisation, measures
that will embrace calculated risk, motivate employees, reward deserved employees and give
them inspiration to exhibit entrepreneurial skills should be embraced by the system. |
Cite this Article: [Ikenna, Egungwu,, Dr., Temuhale Julius, and Egungwu, Ngozi Ursula. "EFFECTS OF CORPORATE ENTREPRENEURSHIP IN THE PERFORMANCE OF SELECTED BANKS IN NIGERIA." International Journal of Social Science & Economic Research 2.4 (2017): 3068-092.] |
International Journal of Social Science & Economic Research
