Project Topic:

MISMANAGEMENT IN FINANCIAL INSTITUTION (BANKS) IN NIGERIA, CAUSES, EFFECT AND SOLUTION

Project Information:

 Format: MS WORD ::   Chapters: 1 - 3 ::   Pages: 32 ::   Attributes: Abstract, Table Of Content  ::   2,619 people found this useful

Project Department:

BANKING FINANCE UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

BACKGROUND OF STUDY

The master key to the success of any cooperation or institution (financial and non financial) is the effective management system. This could be achieved through hard work. This could be achieve through hardworking of the directors managing directors, management staff and all other workers in the organization. The major role lies on the head of the board of directors (BOD) and the managing director.

 Management simply means the organizing planning, implementing, controlling and directing of resources in an organization. This study is based on financial institution. This study is based on financial institution like banks, and there are two types of resources that can be found in a bank. They are human and material resources.

Material resource include and other inanimate objects found in banks. Management is a personal thing that requires a personal touch. In these recent years, banking services and its management are becoming more complex, difficult and demanding.

 This is why all management staff should be more serious, honest, careful and committed to their jobs. These are lacking mismanagement involves the whole stem of the organization. Mismanagement in banks is so rampant in Nigeria, and have destroyed and led many banks to an unexpected liquidation mismanagement in banks affect human and material resources.

          Mismanagement could arise through these listed ways below in banks they are:

  1. Managing people that are working in banks
  2. Preparation of staff policies
  3. Communication and industrial relations
  4. Environmental and employment conduction (if adverse, it will hamper the achievement of the desired goal in a bank.

PURPOSE OF THE STUDY

The purposes of the study are as follows:

  1. To find out the causes of mismanagement in banks
  2. To study how it is executed by the appointed officers and staff of banks.
  3. To know its influence on the banks affected and the government
  4. To determine whether it affect the economy of the nations
  5. To find out the means that can be adopted by banks to solve and put to end the mismanagement of resources.

SCOPE AND LIMITATION OF THE STUDY

The study treat on mismanagement in financial institution (banks) in Nigeria, causes, effect and solution. It is not limited to a particular state. The respondent during my interview base their answer on what is happening in their banks branches in Nigeria I encountered some problems and limitation in the course of my study. They are as follows:

  1. Inadequate finance to use in carrying out the investigation.
  2. Non response, mainly from senior staff in  the banks visited
  3. Bias response from the junior staff in banks due to fear that it could be used against them.

DEFINITION OF TERMS

  1. Mismanagement simply means bad management
  2. Material resource in bank are the inanimate things found in the banks like, money, books, computers, furniture, and other material being used in the banks. Also, its building and environment.
  3. Human resources in bank mean the labour force or people working in the banking industries.
  4. Appointed mean the appointed board of director
  5. Liquidation mean to put to end an unsuccessful business company
  6. Bank can be defined as any person or corporation that provides the minimum banking services and which is licensed as a bank by the federal government of Nigeria as a banking institution.

 

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS

A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis  ::   17202 engagements

ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »

A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8817 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »

A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   26296 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »

ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   22843 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »

AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   13409 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »

CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Victor from Unilorin said "Tested and trusted ".
    Rating: Very Good
  • 2. Haruna Usman Lame from Abubakar Tafawa Balewa University Bauchi said "I really enjoyed using this website am so grateful ".
    Rating: Excellent
  • 3. Bagu Manjing Dakan from polytecnic barkin ladi said "the use of information and communication technology in teaching of vocational subjects in plateau state polytecnic ".
    Rating: Excellent
  • 4. Ekeh Miracle from kaduna state University said "Toopnotch delivery from this crew I highly recommend everyyone to patronise them".
    Rating: Very Good
  • 5. Joseph from feck said "Bravo".
    Rating: Excellent
  • 6. JACOB from NASARAWA STATE UNIVERSITY, KEFFI said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. I recommend ProjectClue for any project research work.".
    Rating: Excellent