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Individual Factors and Internal Whistle blowing Intentions in the Nigeria Banking Industry

Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.4, No. 3)

Publication Date:

Authors : ;

Page : 07-331

Keywords : Attitude; internal Whistle blowing intentions; Nigeria; whistleblowers; wrongdoing;

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Abstract

: This study examined the relationship between the individual factors and internal Whistle blowing intentions in the Nigerian banking industry; The study relied solely on primary data sourced through the administration of a wellstructured questionnaire and was conducted in banks' headquarters located in Lagos. The random sampling technique was used to select the banks, and the bank's employees were purposively selected because they are directly involved in the Whistle blowing processes. Yamane formula was used to determine the sample size of 397 employees out of the total population of 52,596. The multiple regression analysis showed that all the stated individual factors significantly affected the internal Whistle blowing intentions of employees in the Nigerian banking industry, where R2 = 0.207, F = (3, 396) = 34.295, P < 0.01. thus, there is a significant relationship between individual factors and internal Whistle blowing intentions in the Nigerian banking industry. The study, therefore, recommends that there is a need for direct organizational support from supervisors, top management, government, and independent bodies. They should "work the talk" by establishing a more functional protection scheme to adequately protect whistleblowers against possible attacks, loss of a job, among others

Last modified: 2023-01-31 14:50:55