Strategic Planning And Performance Of Commercial Banks In NigeriaJournal: International Journal of Scientific & Technology Research (Vol.4, No. 5)
Publication Date: 2015-05-15
Authors : Hope Ngozi Nzewi; Nkechi Cordelia Ojiagu;
Page : 238-246
Keywords : 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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