BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA

iii, 141p

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Hovedforfatter: Abayomi, Akinkunmi AYINLA
Format: Thesis
Sprog:engelsk
Udgivet: 2023
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Online adgang:https://ir.oauife.edu.ng/123456789/5587
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author Abayomi, Akinkunmi AYINLA
author_facet Abayomi, Akinkunmi AYINLA
author_sort Abayomi, Akinkunmi AYINLA
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description iii, 141p
format Thesis
id oai:ir.oauife.edu.ng:123456789-5587
institution My University
language English
publishDate 2023
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spelling oai:ir.oauife.edu.ng:123456789-55872023-05-13T18:11:32Z BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA Abayomi, Akinkunmi AYINLA microfinance institutions balance scorecard, Nigeria, population, regression analysis, customers iii, 141p Abstract The study examined the level of awareness and implementation of balanced scorecard amongst microfinance institutions. It also ascertained the effect of balanced scorecard on profitability of the microfinance institutions and determined whether microfinance institutions using balanced scorecard perform better than those who do not implement it. These were with a view to evaluating the effectiveness of BSCon performance measurement of microfinance institutions in Nigeria. The study made use of both primary and secondary data. The population for the study comprised 33 State microfinance banks in Southwest, Nigeria as stated in the Central Bank of Nigeria Bulletin, 2015. The sample size was 30 using the Taro Yamane technique. The primary data was sourced using a well-designed questionnaire, which was randomly administered to the customers and employees of the banks. The secondary data was obtained from the financial statements of the banks from 2010-2015. Data collected were analyzed using frequencies, percentages, regression analysis and Mann-Whitney’s test. The result showed that 70.9% of the respondents were aware of the balanced scorecard and 57.2% affirmed that their firm uses the balanced scorecard. The result further showed that balanced scorecard proxies such as employee learning and growth (t = 5.336, p < 0.05), customer perspective (t = 2.881, p < 0.05), internal business process perspectives(t = 10.792, p < 0.05), and financial perspective (t = 3.651, p < 0.05) had significant effects on profitability. Finally,the result, showed that the mean rank of balanced scorecard adopters (N = 108, MR = 115.2) were significantly higher than non-adopters (N = 72, MR = 53.44) in all observed performance metrics. The study concluded that there was high level of awareness and use of the balance scorecard concept and that adopters of balanced scorecard perform better than non-adopters Obafemi Awolowo University 2023-05-13T18:00:03Z 2023-05-13T18:00:03Z 2018 Thesis https://ir.oauife.edu.ng/123456789/5587 en application/pdf
spellingShingle microfinance institutions
balance scorecard, Nigeria, population, regression analysis, customers
Abayomi, Akinkunmi AYINLA
BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title_full BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title_fullStr BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title_full_unstemmed BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title_short BALANCED SCORECARD AND PERFORMANCE MEASUREMENT IN MICROFINANCE INSTITUTIONS IN SOUTHWEST, NIGERIA
title_sort balanced scorecard and performance measurement in microfinance institutions in southwest nigeria
topic microfinance institutions
balance scorecard, Nigeria, population, regression analysis, customers
url https://ir.oauife.edu.ng/123456789/5587
work_keys_str_mv AT abayomiakinkunmiayinla balancedscorecardandperformancemeasurementinmicrofinanceinstitutionsinsouthwestnigeria