Intellectual Capital and Return on Equity of Deposit Money Banks in Nigeria
Abstract
This study examined the relationship between intellectual capital and return on equity of deposit money bank in Nigeria. The specific objectives were to determine the relationship between structural capital and return on equity of deposit money banks in Nigeria. The population for the study consists of 13 deposit money banks in Nigeria. Sample size was deposit money banks using convenience sampling technique. The research design used was ex-post facto. The study adopted both primary and secondary data. The primary data was questionnaire while the secondary data was audited financial statement. Statistical tool for this study was Pearson Product Moment Correlation and Linear Regression and this was done by the aid of SPSS version 20.0. The result of the analysis showed that there is a significant relationship between Structural capital and Return on equity. Based on the study, it was recommended that Banks in Nigeria establish which aspects of their employee training programmes actually enhance productivity and which are misdirected and worthless; Nigeria banks managers and policy makers should integrate IC in their decision-making process by focusing more on the capital needed so as to boost returns on their assets; Management of banks should provide conducive work environment, workers should enjoy enhanced welfare packages, and good training program.
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