Impact of Human Asset Management in Training and Development on Performance in Nigeria: Special Inclination to the Banking Sector

Authors

  • Afolabi B. Department of Finance, Federal University Oye Ekiti - Nigeria.
  • Awoniyi-Famiwole C. O. Department of Accounting and Finance, Bamidele Olumilua University, Ikere - Nigeria.
  • Ayodele O. E. Department of Finance, Ekiti State University, Ado Ekiti - Nigeria.
  • Adepoju A. A.

Keywords:

Human Asset Management, Performance, Training and Development

Abstract

The study examined the impact of human asset management in training and development on productivity in Nigeria with special inclination to the banking sector between 2014 and 2018 taking into cognizance three banks selected at random in Nigeria. The study used return on assets as the dependent variable and also used training and development expenses, employee remuneration, number of employee and total assets as independent variables coupled with the use of the classical Ordinary Least Square, it was revealed that training and development especially the cost expended on it has no significant impact on the profitability or performance of banking firms in Nigeria. Hence, it was recommended that banking firms should provide training needs evaluation in a bid to know the deficient areas in need of training and provide such and not just expend funds on trainings that will not contribute significantly to the performance of the firm.

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Published

2022-08-23

How to Cite

B., A. ., C. O., A.-F. ., O. E., A. ., & A. A., A. . (2022). Impact of Human Asset Management in Training and Development on Performance in Nigeria: Special Inclination to the Banking Sector. International Journal of Intellectual Discourse, 4(2), 402–410. Retrieved from https://ijidjournal.org/index.php/ijid/article/view/201

Issue

Vol. 4 No. 2 (2021): June

Section

Articles