Social sustainability business practices and organisational performance in Nigerian banks

Michael Oyewo Babajide (), Iredele Oluwamayowa () and Azuh Akunna ()
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Michael Oyewo Babajide: University of Lagos, Nigeria
Iredele Oluwamayowa: University of Lagos, Nigeria
Azuh Akunna: Covenant University, Ota, Nigeria

Journal of Human Resource Management, 2018, vol. 21, issue 1, 43-57

Abstract: This study examines employee involvement in organisational affairs as an important facet of social sustainability in the Nigerian banking sector, because providing good customer service requires committed employees rather than coerced labour. Data extracted through quantitative content analysis from the financial reports of fifteen commercial banks were analysed using descriptive statistics, Z test, one-way ANOVA, correlation and regression analysis techniques. ?e study found that employee involvement correlates positively and significantly with organisational performance; and banks differ in performance on the account of the level of employee involvement; firms with deeper level of employee involvement performed better than others with shallow level of employee involvement, thus stressing the relevance of employee involvement as an aspect of social sustainability business practices. Organisations are enjoined to involve their employees more to achieve better results; and embrace the modern philosophy of regarding employees as strategic resources that can be used to bolster core competence.

Keywords: employee involvement; global reporting initiative; organisational performance; Nigeria; sustainability (search for similar items in EconPapers)
JEL-codes: M12 M14 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:cub:journl:v:21:y:2018:i:1:p:43-57

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