Table of Contents

Knowledge and Attitude of Small Scale Entrepreneurs in Osogbo,

Southwestern Nigeria towards Group Occupational Health Services

Adebimpe, W. O; Bamidele, J. O.; Asekun-Olarinmoye E., Abodunrin O., Adegoke K……   1-8

The Challenging Role of Management in a Developing Economy:

Issues and Perspectives

Onyema E. Ofoegbu…………………………………………………………………………………………        9-24

Multinational Corporation: Characteristics, Entry Mode and Technology

Transfer in Developing Countries

Hamisu Ibrahim………………………………………………………………………………………………       25-36

Bureaucracy and Challenges of Good Governance in Nigeria

Eme Okechwukwu Innocent and Onwuka, Chukwujekwu Charles……………………………… 37-50

Poverty Alleviation Programme: A Positive Step towards Development

 of Human Resources

Mohammed Abubakar Ababa, Ibrahim Abubakar Mikugi………………………………………       51-56

Foreign Direct Investment and Technology Transfer in Developing

Countries

Hamisu Ibrahim………………………………………………………………………………………………       57-73

An Assessment of Risk Analysis Techniques and Investment

Performance among Nigerian Firms

Ayodele Thomas D……………………………………………………………………………………………      74-81

Regulatory Authorities and the Performance of Nigerian Banks:

An Appraisal

Oladejo, Morufu. Oladehinde and Oladipupo, Abiodun. U……………………………………        82-92

The Role of Environment on Administrative System in Nigerian

Echikwonye, Robert A……………………………………………………………………………………..       93-98

THE ROLE OF ENVIRONMENT ON ADMINISTRATIVE SYSTEM IN NIGERIAN

Echikwonye, Robert A.

Department of Political Science

Benue State University, Makurdi, Nigeria

e-mail:  echikwonyebob@yahoo.com

ABSTRACT

The Nigerian administrative system has been affected by environmental factors which determine the effectiveness of the public administration since administration does not exist in a vacuum but environment.  Some of the environmental factors are listed as economic, political social and cultural.  All those factors play major roles in shaping the administration of any nation or countries.  This paper is set out to X-ray the influence or role of environment on any nation administrative system.  The paper also finds out that a possible influence on the environment can enhance a good administrative system.   

REGULATORY AUTHORITIES AND THE PERFORMANCE OF NIGERIAN BANKS: AN APPRAISAL

¹Oladejo, Morufu. Oladehinde and ²Oladipupo, Abiodun. U

¹Department of Management and Accounting, Ladoke Akintola University of Technology, Ogbomoso,

²Department of Business Administration, Olabisi Onabanjo University, Ago – Iwoye, Ogun State

e-mail: moolad02@yahoo.co.uk; abbeladd@yahoo.com

ABSTRACT

The recent development in the Nigerian financial institutions has become subject of concern for Accountants and other practitioners as far as performance measurement and predictions for investment decisions are concerned. The paper attempts to investigate the role of Regulatory Authorities on the development of the Nigerian banks especially those that bother on financial performance of this heart of the economy. A survey research was adopted using a structured questionnaire administered on selected operators in the Nigerian banking sector. Data collected was analyzed through percentage Analysis and hypotheses tested using chi- square statistics at 0.01level of significance. The result showed that Regulatory Authorities have been effective in curtailing distress in the Nigeria banking system, the Regulatory and Supervisory activities of the CBN and the NDIC have boosted depositors’ confidence in the Banking System and that further recapitalisation of Nigerian banks would provide permanent solution to banking crisis. However the proposal for the reduction in the number of banks from the present consolidated 24 to only three may need further reappraisal.

Keywords: Regulatory authorities, Regulatory Approach, Banks performance, Nigerian Banks, Recapitalisation, Banking crisis.

AN ASSESSMENT OF RISK ANALYSIS TECHNIQUES AND INVESTMENT PERFORMANCE AMONG NIGERIAN FIRMS

Ayodele Thomas D.

Department of Accounting and Finance,

Ajayi Crowther University, Oyo, Oyo State, Nigeria

ayodeleconcept@yahoo.com

ABSTRACT

The trust of this paper is to assess how far the Nigerian firms’ managers make use of risk analytical techniques in their project evaluation and management, and the effect of such analytical techniques on the investment performance of their firms. The population of the study comprise Nigerian manufacturing  companies out of which a random sample of 22 were selected  from Lagos State being the most industrialized state in Nigeria. Simple percentage was used to classify responses of respondents supported by ranking of the various risk analytical techniques in terms of their popularity among the firm’s managers. The findings of the study indicate that Nigerian firms’ managers make use of risk analytical techniques, though the use of payback period method is more popular than others. It was also discovered that the use of   analysis cuts across all categories (sizes) of firms operating in Nigeria and positively affect their performance. It is thus recommended that economic and political factors should always be taken into consideration when appraising investment by any to create a conducive environment for firms to operate efficiently.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

Keywords: Risk averse, Risk Premium, Variance, Certainty Equivalent, Systematic Risk

FOREIGN DIRECT INVESTMENT AND TECHNOLOGY TRANSFER IN DEVELOPING COUNTRIES

Hamisu Ibrahim

Department of Business Administration

Kwararafa University, Wukari, Taraba State

E-mail: hameezabc@yahoo.com

Abstract

The study of foreign direct investment (FDI) and transfer of technology   have been a great interest area for academics, policy maker, and industries in both developed and developing countries. There is an increased level of link between foreign direct investment and technology transfer made by Multinational Corporation in developing countries and it widely believed that FDI help to transfer technology to the benefit of the domestic industries. But the findings of the paper shows that this benefit does not automatically accrue but rather technology is transferred to local industries with strong absorptive capability via spill over’s rather than via direct effect. It further shows that there is lack of link between diffusion and rooting of technology in developing countries and this major constraint hampered the recipient country’s ability to assimilate, transform and develop the technology. Based on these findings, the following recommendations were made: That comity of nations under the auspices of the United Nation should establish an international organization for collecting and distributing technological information as well as of the need to create effective international bodies for education and training. Also developing countries should encourage Greenfield’s ventures and acquisition and placed less emphasis on other entry mode like joint venture, franchising, licensing.

Poverty Alleviation Programme: A Positive Step towards Development of Human resources

Mohammed Abubakar Ababa and Ibrahim Abubakar Mikugi

Department of Business Administration and Management

The Federal Polytechnic, Bida, Niger State, Nigeria

e-mail:amababa23@yahoo.com

ABSTRACT

This paper discusses the different policies adopted by the federal government of Nigeria (FGN) and the different states to alleviate poverty in the country, all of which are aimed at developing human resources for higher productivity and self sufficiency. It notes the factors that constitute stumbling blocks to advancement of society and gender injustice; and insensitive governance system; educational injustice, incompetence and corrupt governance and globalization. The paper recommends demystifying top-down development and providing professionals (i.e. entrepreneurs, project managers, media, etc) with gender analysis tools for poverty eradication among other steps.

BUREAUCRACY AND CHALLENGES OF GOOD GOVERNANCE IN NIGERIA

¹Eme Okechwukwu Innocent and ²Onwuka, Chukwujekwu Charles

¹Department of Public Administration and Local Government, University Of Nigeria, Nsukka

² Department of Sociology Caritas University, Amorji-Nike, Enugu
   Email: ¹okechukwunncnt@yahoo.com, ²onlyceejay@yahoo.com

ABSTRACT

State bureaucracy is thought to bolster development and good governance by providing fair mechanisms for social provision in the third world. In Nigeria, where bureaucratic ethos are unfamiliar and imperfect, clients of social provisioning express less support for their bureaucratic institutions than government. This paper theorizes bureaucracy from two major perspectives: Weberian and Marxian. Also, it assesses various definitions of governance and good governance. The paper goes further to identify the reasons that account for the abysmal performance of Parastatals and agencies of government. Among these reasons are under-funding, spoils system of recruitment, politicization and corruption among others. All these have affected efficiency and effectiveness in the Nigeria public service delivery and good governance. In effect, the paper concludes that these have slowed down the processes of socio-economic and political development of Nigeria which can only be resolved when bureaucrats become more pragmatic in their understanding of what constitutes good governance.

MULTINATIONAL CORPORATION: CHARACTERISTICS, ENTRY MODE AND TECHNOLOGY TRANSFER IN DEVELOPING COUNTRIES

Hamisu Ibrahim

Department of Business Administration

Kwararafa University, Wukari, Taraba State

E-mail: hameezabc@yahoo.com

ABSTRACT

Technology transfer perhaps is the most important benefit that could be brought by multinational corporations to host economies,   but they are not guaranteed, automatic, or free. The geographical spread of Multinational Corporation especially in developing countries creates a link between foreign direct investment and technology transfer in those countries. But the findings indicates that technology transfer to countries by multinational is mostly to labour-intensive industries with low technology and further shows that the major channel of technology diffusion to local industries in developing nations is through “learning by watching” or by spill over effects. Thus based on the findings the following recommendations were made: That developing nations should strengthen their industrial absorptive capability in order to diffuse technology to local industries and also they should strengthen their intellectual property right in order to attract foreign direct investment     

THE CHALLENGING ROLE OF MANAGEMENT IN A DEVELOPING ECONOMY: ISSUES AND PERSPECTIVES

Onyema E. Ofoegbu

Department of Business Administration

Ajayi Crowther University, Oyo

KNOWLEDGE AND ATTITUDE OF SMALL SCALE ENTREPRENEURS IN OSOGBO, SOUTHWESTERN NIGERIA TOWARDS GROUP OCCUPATIONAL HEALTH SERVICES

^*1Adebimpe, Wasiu Olalekan, ²Bamidele, James Olusegun, ³Asekun-Olarinmoye Esther, ⁴Abodunrin Olugbenga, ⁵Adegoke Korede

¹Department of Community Medicine, Osun State University, Osogbo. Nigeria

² Department of Community Medicine, Osogbo, Osun State. Nigeria.

E mail: lekanadebimpe@yahoo.com, lekanadebimpe@gmail.com

ABSTRACT

 The health status of the workforce of an industry or enterprise is an important determinant of their productivity towards achievement of organizational goals. The weak financial base of most small scale industries in Nigeria has prevented provision of quality occupational health services to many workers. Merger of resources by industries to form a formidable group occupational health services could enable workers to access better health care .The objective of this study is to assess knowledge and attitude of small scale entrepreneurs towards establishment of group occupational health service. Descriptive cross sectional study carried out among 72 small scale entrepreneurs in Osogbo in Southwestern Nigeria, using multistage sampling method. Rresearch instruments consist of pre-coded semi structured interviewer administered questionnaires. Data was analyzed using the SPSS software and association between categorical variable done using chi-square test at a level of significance of P<0.05. The average number of workers is 10.6 (+9.0) employee per industry. Twenty four (33.3%) of small scale entrepreneurs provide health care services for their workers, with reimbursement of workers being the method of sponsoring  health care in 6(54.2%) of them. Only 4(5.6%) of all industries studied had their own company owned health facility or clinic. These four were aware of possible mergers of company clinics, and were also willing to join merger arrangements to form group occupational health service. Among entrepreneurs without their own clinic, 24(35.3%) were willing to establish staff clinics, nine (13.2%) of these were aware of possible mergers of company clinics to form a group practice, and 28(41.1%) of them are willing to join such mergers to form a group occupational health service. Majority of small scale industries studied had no company clinic, siting poor financial base and ignorance as reasons. Entrepreneurs also had poor knowledge of group occupational health services, but a fairly better attitude towards joining such mergers thus