Political Instability and Organizational Performance: A Case Study of Afribank PLC (Mainstreet Bank) Maiduguri Branch
Keywords:Business environment, political instability, investment, organizational performance
Political instability and investment Performance is becoming more complex to organization. The performance of an organization can be enhanced if the environment of the business is well known in terms of stability to the operation of the organization. Â This paper therefore is set to examine the performance of organizations under unstable political environment. There are certain factors however that affects the performance of the business. This may include the change in government (political risks) associated with the performance of organization. Due to political instability, how have organizations performed in the short, medium and long term investments? Data was collected on the political instability and the performance of organizations in the country from 1979 to 1993. The chi-square and correlation statistical tools were used to determine and to ascertain the relationship and the level of performance of organizations. The study concludes that, the performance of organization depends on stability of government. However, the study recommends that, a country with high instability of government makes it difficult for organizations to perform. Thus, organizations require relatively stable operating environment for better performance.
Abayomi, A.O. and Ayobami, E.F. (2012), â€œImpacts of external business environment on organizational performance in the food and beverages industry in Nigeria.â€ British journal of arts and social sciences, vol.6 number 2, Page 194-201. http://www.bjournal.co.uk/BJASS.aspx
Adebayo, I.A. (1988), â€œCoups and counter coups in Nigeria â€“ causes of instabilityâ€ Unpublished undergraduate project submitted to the Department of Political Science, University of Maiduguri.
Agimael, A.W.V. (1979), â€œHow business has dealt with political riskâ€ Financial Executive, January (Ed.), p. 27.
Amadi, I.E.S. (1990), â€œDemocratic process and political stability in Nigeria: Party System, Democracy and Political Stability in Nigeria, A.B.U. Press Ltd.
Ayam, J.A. (1990), â€œThe military and democratization processâ€ Party System Democracy and political stability in Nigeria, Zaria, A.B.U. Press Ltd.
Babatunde, B.O. and Adebisi, A.O. (2012), â€œStrategic environmental scanning and organization performance in a competitive business environment.â€ Economic insight - Trends and challenges. Vol. LXIV, number 1, page 24-34.
Barro, R.J. (1991), â€œEconomic growth in a cross section of countriesâ€ Quarterly Journal of Economics 106 (2), page 407-444.
Barro, R.J. and Wolf, H. (1989), â€œData appendix for economic growth in a cross section of countries.â€ Mimeo Cambridge MA. : Havard University.
Bekefi, T. and Epstein M.J. (2006), â€œ Integrating social and political risk into management decision-making.â€ Management strategy measurement. Society of management accountants of Canada (CMA), Canada.
Bruno, S. (1991), â€œInternational investmentâ€ 2nd (Ed.), U. S. A., Addison Wesley Publishing Company.
Esterly W., Michael K., Lant P., and Laurence, S. (1993), â€œGood policy or good luck? Country performance and temporary shocks.â€ Journal of monetary economics 32: 459-483.
Esterly W. and Rebelo, S. (1993), â€œFiscal policy and Economic growth: an empirical investigation.â€ Journal of monetary economics 32: 417-458.
Gadzama, H. (1995), â€œPolitical instability and Organizational Performanceâ€ Masterâ€™s of Business Administration (M.B.A.) project report submitted to the Department of Business Administration, University of Maiduguri.
Giwa, R.F (1995), â€œChallenges and opportunities for direct investment in Nigeriaâ€ A paper presented at the National Conference on attracting foreign investment into Nigeria in a liberalized environment, challenges and prospect.
Hambadga, O.A. (1994), â€œPolitical instability and the African Debt crisis: A Nigerian case studyâ€ Journal of Social and Management Sciences Vol. 1, number 1.
Bazza. M.I. (1991), â€œInstitutional financing of small-scale industries in Nigeria. A case study of Gongola Stateâ€ Unpulished M.B.A Project submitted to the Department of Business Administration, A.B.U. Zaria.
Gaddbrough, R.B. (1985), â€œHow to Analyze Foreign Investment Climate.â€ Harvard Business Review, September â€“ October, 1985.
Lanyi; a. (1987) â€œIssues in Capital Flow to Developing Countries.â€ Finance, and development (IMF) Vol. 24 No.3
Polachek, S.W. and Sevastianova, D. (2010), â€œDoes conflict disrupt growth? Evidence of the relationship between political instability and national economic performance.â€ Institute for the study of labor (IZA), Discussion paper No. 4762, Bonn, Germany.
How to Cite
- Papers must be submitted on the understanding that they have not been published elsewhere (except in the form of an abstract or as part of a published lecture, review, or thesis) and are not currently under consideration by another journal published by any other publisher.
- It is also the authors responsibility to ensure that the articles emanating from a particular source are submitted with the necessary approval.
- The authors warrant that the paper is original and that he/she is the author of the paper, except for material that is clearly identified as to its original source, with permission notices from the copyright owners where required.
- The authors ensure that all the references carefully and they are accurate in the text as well as in the list of references (and vice versa).
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under aÂ Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (SeeÂ The Effect of Open Access).
- The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.