Strategic Planning And Performance Of Commercial Banks In Nigeria
Hope Ngozi Nzewi, Nkechi Cordelia Ojiagu
Keywords: Strategic Planning, Performance, Commercial Banks, Profitability.
Abstract: This study explored the relationship between strategic planning and performance of commercial banks in Nigeria. Specifically, it determined the nature of relationship that existed between total assets and profit after tax of the selected banks. Exploratory research design was employed.Secondary data were sourced from the Nigerian Exchange Fact Book 2011 to 2013. Linear regression and Pearson bivariate correlation analytical techniques were used. Findings revealed that there is a weak positive relationship between the total assets and profit after tax of the selected commercial banks. The policy implication is that any meaningful profitability of the commercial banks in Nigeria must ensure proper institution and comprehensive execution of the strategic planning processes by the various managers of the selected commercial banks.
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