LEADERSHIP STYLE, EMPLOYEE TRUST, INFORMATION CULTURE AND ORGANIZATIONAL PERFORMANCE OF STOCKBROKING FIRMS IN NIGERIA

📄 Project Abstract

Stockbroking firms play a fundamental role in a country's capital market system. The performance of stockbroking firms is generally perceived as low by their customers. It was therefore, necessary to find out the extent to which this was true and the role played by organizational characteristics such as leadership style, employee trust, and information culture. It is in light of this that the study examined how leadership style, employee trust and information culture contributed to the performance level of stockbroking firms in Nigeria. The survey design was used. The target population consisted of 1,222 employees from 184 stockbroking firms in Nigeria. Proportionate stratified sampling technique was used to select 606 employees from 94 stockbroking firms. A validated questionnaire was the instrument used for data collection. Reliability coefficient of each of the variables ranged from 0.74 to 0.89. Response rate was 85%. The data were analysed using descriptive statistics and regress...