IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v8y2024i6p1416-1432.html
   My bibliography  Save this article

Human Resource Outsourcing and Performance of Deposit Money Bank in Anambra State, Nigeria

Author

Listed:
  • NNABUGWU, Obiageli Chinwe

    (Entrepreneurship Department, Nnamdi Azikiwe University Awka Anambra State)

Abstract

The study investigates human resources outsourcing and performance of deposit money bank in Anambra State, Nigeria. Four research questions and four hypotheses guided the study. Relevant conceptual, theoretical and empirical literature were reviewed taking cognizance of the problem of the study. The study is anchored on resources-based view theory of outsourcing. Survey research design was adopted in this study. The study was carried out in Anambra State. The population of the study comprised of 2633 employee of money deposit bank in Anambra State, Nigeria, while the sample consists 517 employee of money deposit bank in Anambra State. Borg and Gall was used to obtain the sample size. Face and content validity method was used to ensure validity of the instrument. The reliability of the instrument was achieved through test re-rest method and Cronbach’s Coefficient of 0.73 was obtained. Simple percentage analysis was employed to answer the research questions. Linear regression analysis was used in testing the hypotheses. The result of the analyses showed that human resource outsourcing for reduction of cost has a significant positive effect on return on net profit of deposit money bank. Human resource outsourcing for employee competence has a significant positive effect on return on owner equity in deposit money bank. Human resource outsourcing for knowledge transfer has a significant positive effect on operational effectiveness in deposit money bank in Anambra State Nigeria. Therefore, the study concluded that human resource outsourcing has a significant positive effect on the performance of deposit money bank in Anambra State Nigeria. The study recommended that banking industries should offer better terms of service and proper training to help improve employee competence and reduce costs of outsourcing its human resources functions for better performance. Banking industries should outsource only necessary aspects of business to avoid reduction in profit levels. Banking industries should investigate background check before knowledge transfer outsourcing and organizations should have a backup system to avoid losing vital data as a result of incompetence on the part of the external supplier.

Suggested Citation

  • NNABUGWU, Obiageli Chinwe, 2024. "Human Resource Outsourcing and Performance of Deposit Money Bank in Anambra State, Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(6), pages 1416-1432, June.
  • Handle: RePEc:bcp:journl:v:8:y:2024:i:6:p:1416-1432
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-8-issue-6/1416-1432.pdf
    Download Restriction: no

    File URL: https://rsisinternational.org/journals/ijriss/articles/human-resource-outsourcing-and-performance-of-deposit-money-bank-in-anambra-state-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hamid Ali & Hafiz Muhammad Abubakar Siddique & Kaleem Ullah & Muhammad Tariq Mahmood, 2018. "Human Capital and Economic Growth Nexus in Pakistan: The Role of Foreign Aid," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(1), pages 13-21, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tomiwa Sunday Adebayo & Demet Beton Kalmaz, 2020. "Ongoing Debate Between Foreign Aid and Economic Growth in Nigeria: A Wavelet Analysis," Social Science Quarterly, Southwestern Social Science Association, vol. 101(5), pages 2032-2051, September.
    2. Qasim Saleem & Sidra Sidra & Abdur Rauf & Hafiz Muhammad Abubakar Siddique, 2020. "Impact of Terrorism on Economic Growth in South Asian Country," International Journal of Economics and Financial Issues, Econjournals, vol. 10(4), pages 185-191.
    3. Iva Bulatoviæ & Ana Stranjanèeviæ & Silvana Ðuraševiæ & Sanja Vlahoviæ, 2018. "Determinants Of Tourist Competitiveness In The Case Of Montenegro: Experts’ Assessment," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 24(2), pages 271-286, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:8:y:2024:i:6:p:1416-1432. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.