2 research outputs found
FINANCIAL SUPPORT AND COMPETITIVE ADVANTAGE OF SELECTED FINANCIAL TECHNOLOGY FIRMS IN LAGOS STATE, NIGERIA
No full textThe competitive landscape of financial technology (fintech) industry in Nigerian is challenged byseveral factors such as underserved consumer needs, as well as funding shrinkage occasioned byglobal investment decline. This recoil necessitates a deep understanding of the factors that affectstheir competitive advantage. This study thus investigates the impact of financial support, a businessincubation strategy on competitive advantage of fintech firms in Lagos State, Nigeria. This studyadopts a survey research design to collect primary data from a population of 200 owners/managersof registered fintech firms in Lagos State, Nigeria. Total enumeration was used to determine thesample size of 200 owner/managers. Data was collected using an adapted and close endedquestionnaire and a response rate of 73% (146) was obtained. The validity and reliability of theresearch instrument was established using Average Variance Extracted, Composite Reliability, andCronbach’s alpha coefficients, thus ensuring its accuracy and consistency. Descriptive statisticsand inferential statistics were utilised to analyse the data. The findings of the study revealed thatfinancial support does not exhibit a significant effect on competitive advantage (β = 0.067, R2=0.028, p > 0.05) fintech firms in Lagos State, Nigeria. Based on the conducted investigation, it isclear that the impact of financial support alone on competitive advantage in fintech enterprisesmay not be statistically significant. The study therefore recommends that fintech companies inLagos State, Nigeria should pay attention to other factors not limited to financial support, to helpmeet the growing consumer needs and build their competitive advantag
EMPLOYEE OUTPUT OF SELECTED DEPOSIT MONEY BANKS IN OGUN STATE, NIGERIA: THE ROLE OF WORKPLACE HEALTH AND SAFETY
No full textEmployee output is a critical concern for both managers and academics. Despite various efforts to enhance output levels in deposit money banks in Nigeria, issues such as declining productivity, performance inefficiencies, increased absenteeism, and service variability continue to undermine employee output. While workplace health and safety has been studied in literature as it relates to various employee performance metrics, its specific impact on employee output, particularly in deposit money banks in Ogun State, Nigeria, remains underexplored. This study, therefore, examined the effect of workplace health and safety on employee output in selected deposit money banks in Ogun State, Nigeria. A survey research design was employed, following a quantitative and deductive approach. A total of 403 employees were sampled from three selected deposit money banks in Ogun State, Nigeria. Primary data were collected using a structured and validated questionnaire and analyzed using inferential statistics (regression analysis) at a 5% significance level. The findings revealed a statistically significant positive effect of workplace health and safety on employee output (β = 0.086, t = 3.217, p < 0.05) in the selected banks. The study concluded that deliberate investment in workplace health and safety enhances employee performance and serves as a strategic tool for boosting employee output. It is recommended that managers empower health, safety, and human resource departments through dedicated budgets, training programs, and clearly defined authority to routinely review, update, and enforce comprehensive workplace health and safety policies. Enhanced workplace health and safety leads to sustained employee output and supports long-term institutional growth
