PERFORMANCE ASSESSMENT AND INVESTMENT DECISIONS IN NIGERIA COMMERCIAL BANK: A CASE STUDY OF FIRST BANK
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- 1-5 Chapters
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- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
STATEMENT OF THE PROBLEM
Many empirical studies have investigated the existence of a relationship between the performance evaluation or assessment and investment decision. None have concentrated on the use of decision analysis in the investment decision-making processes of organisations. However, several have explored the effects of comprehensiveness, rationality, formality and consensus in the decision-making process on organisational performance.
Advocates of performance assessments maintain that every task must have performance criteria for at least two reasons:
1. The criteria define for performance and others the type of behavior or attributes of a product which are expected, and
2. A well-defined scoring system allows the managers, the employees, and others to evaluate a performance or product as objectively as possible. If performance criteria are well defined, another person acting independently will award an employee essentially the same score.
Furthermore, well-written performance criteria will allow the managers to be consistent in scoring over time which will definitely reshape the decision making process of the management. However, the researcher is examining the relationship between performance assessment and decision making in First bank of Nigeria Limited
1.3 OBJECTIVES OF THE STUDY
The general objective of this study is to analyze the relationship between performance assessment and investment decision in First bank of Nigeria Limited and the following the specific objectives:
1. To examine the relationship between performance assessment and investment decision in First bank of Nigeria Limited.
2. To investigate strategies that can be adopted in conducting an effective performance assessment.
3. To find out the factors that can influence investment decisions.
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