International Journal of Social Science & Economic Research
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Title:
EFFECTS OF CORPORATE ENTREPRENEURSHIP IN THE PERFORMANCE OF SELECTED BANKS IN NIGERIA

Authors:
Dr. Egungwu, Ikenna; Temuhale Julius; Egungwu, Ngozi Ursula


Volume - 2 Issue - 4, Pages - 3068-3092

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.]

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