Determinants of Organizational Performance in Trade Associations: Evidence from Professional Bodies in Nigeria

Emeni, FK., Ajide, F.M., Ogunnoiki, O., Akande, S.O., Adeshola, A.S., Abiahu, M.C. & Adebayo, O.B. (2018). Determinants of organisational performance in trade associations: Evidence from professional bodies in Nigeria. Amity Business Review, Vol 19(2): 59-72

14 Pages Posted: 25 Oct 2019

See all articles by Francis Kehinde Emeni

Francis Kehinde Emeni

University of Benin - Department of Accounting

Folorunsho Ajide

Obafemi Awolowo University - Department of Economics; Lagos State Polytechnic

Oludaisi Ogunnoiki

affiliation not provided to SSRN

Solomon Akande

affiliation not provided to SSRN

Adeniyi Adeshola

affiliation not provided to SSRN

Mary-Fidelis Chidoziem Abiahu

Nnamdi Azikiwe University - Department of Accountancy

Odunayo Adebayo

affiliation not provided to SSRN

Date Written: December 1, 2018

Abstract

This study examines the determinants of organizational performance in trade associations with specific reference to professional bodies in Nigeria. Based on a purposive sampling framework, 10 professional bodies in Nigeria were selected as sample for the study. The procedure was adopted because of paucity of data that cover the area of interest. Seventy-five questionnaires were administered on the sampled professional bodies, and data collected were analysed using multiple regression with the aid of Statistical Packages for Social Sciences (SPSS) version 25. Findings indicate that stakeholders' relation, public perception and effectiveness of strategic planning play vital roles in shaping the performance of an organization. Specifically, the results show that all these variables are significant and positively impact professional bodies performance. This result has important implication for professional bodies, in that professional bodies stand to benefit from a good relation with its stakeholders. It is therefore recommended amongst others that professional bodies should ensure professional competence by ensuring increase in sense of belonging and satisfaction that accompanies stakeholders' good relation to their professional bodies.

Keywords: information technology, human resources, customer relation, stakeholders' perception

JEL Classification: M40

Suggested Citation

Emeni, Francis Kehinde and Ajide, Folorunsho and Ogunnoiki, Oludaisi and Akande, Solomon and Adeshola, Adeniyi and Abiahu, Mary-Fidelis Chidoziem and Adebayo, Odunayo, Determinants of Organizational Performance in Trade Associations: Evidence from Professional Bodies in Nigeria (December 1, 2018). Emeni, FK., Ajide, F.M., Ogunnoiki, O., Akande, S.O., Adeshola, A.S., Abiahu, M.C. & Adebayo, O.B. (2018). Determinants of organisational performance in trade associations: Evidence from professional bodies in Nigeria. Amity Business Review, Vol 19(2): 59-72, Available at SSRN: https://ssrn.com/abstract=3470537

Francis Kehinde Emeni

University of Benin - Department of Accounting ( email )

Ugbowo-Lagos Road
University of Benin,
Benin City, Benin City, Edo State PMB 1154
Nigeria

Folorunsho Ajide

Obafemi Awolowo University - Department of Economics

Ile-ife
Osun
Ile-Ife, AK 234
Nigeria

Lagos State Polytechnic ( email )

Nigeria

Oludaisi Ogunnoiki

affiliation not provided to SSRN

Solomon Akande

affiliation not provided to SSRN

Adeniyi Adeshola

affiliation not provided to SSRN

Mary-Fidelis Chidoziem Abiahu (Contact Author)

Nnamdi Azikiwe University - Department of Accountancy ( email )

Awka, Anambra 23400
Nigeria

Odunayo Adebayo

affiliation not provided to SSRN

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