Mismanagement in Financial Institution Banks in Nigeria

Mismanagement in Financial Institution (Banks) in Nigeria

Project / Seminar Material
Reference ID: PS-13341-TM

DEDICATION

This research material titled “Mismanagement in Financial Institution (Banks) in Nigeria” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Banking and Finance (BF), Book Authors and Profound Scholars of existing or related project material on “Mismanagement in Financial Institution (Banks) in Nigeria” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


    Mismanagement in Financial Institution (Banks) in Nigeria

    CHAPTER ONE


    Introduction

    1.1 Background Of Study

    The master key to the success of any cooperation or institution (financial and non financial) is the effective management system. This could be achieved through hard work. This could be achieve through hardworking of the directors managing directors, management staff and all other workers in the organization. The major role lies on the head of the board of directors (BOD) and the managing director.

    Management simply means the organizing planning, implementing, controlling and directing of resources in an organization. This study is based on financial institution. This study is based on financial institution like banks, and there are two types of resources that can be found in a bank. They are human and material resources.

    Material resource include and other inanimate objects found in banks. Management is a personal thing that requires a personal touch. In these recent years, banking services and its management are becoming more complex, difficult and demanding.

    This is why all management staff should be more serious, honest, careful and committed to their jobs. These are lacking mismanagement involves the whole stem of the organization. Mismanagement in banks is so rampant in Nigeria, and have destroyed and led many banks to an unexpected liquidation mismanagement in banks affect human and material resources.

    Mismanagement could arise through these listed ways below in banks they are:

    1. Managing people that are working in banks
    2. Preparation of staff policies
    3. Communication and industrial relations
    4. Environmental and employment conduction (if adverse, it will hamper the achievement of the desired goal in a bank.

    1.2 Purpose Of The Study

    The purposes of the study are as follows:

    1. To find out the causes of mismanagement in banks
    2. To study how it is executed by the appointed officers and staff of banks.
    3. To know its influence on the banks affected and the government
    4. To determine whether it affect the economy of the nations
    5. To find out the means that can be adopted by banks to solve and put to end the mismanagement of resources.

    1.3 Scope And Limitation Of The Study

    The study treat on mismanagement in financial institution (banks) in Nigeria, causes, effect and solution. It is not limited to a particular state. The respondent during my interview base their answer on what is happening in their banks branches in Nigeria I encountered some problems and limitation in the course of my study. They are as follows:

    1. Inadequate finance to use in carrying out the investigation.
    2. Non response, mainly from senior staff in the banks visited
    3. Bias response from the junior staff in banks due to fear that it could be used against them.

    1.4 Definition Of Terms

    1. Mismanagement simply means bad management
    2. Material resource in bank are the inanimate things found in the banks like, money, books, computers, furniture, and other material being used in the banks. Also, its building and environment.
    3. Human resources in bank mean the labour force or people working in the banking industries.
    4. Appointed mean the appointed board of director
    5. Liquidation mean to put to end an unsuccessful business company
    6. Bank can be defined as any person or corporation that provides the minimum banking services and which is licensed as a bank by the federal government of Nigeria as a banking institution.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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