Publication:
Linking Mission Statements Components to Management Effectiveness

datacite.subject.fos oecd::Social sciences::Economics and Business
dc.contributor.author Vu Minh Hieu
dc.contributor.author Ngo Minh Vu
dc.date.accessioned 2022-10-31T10:04:31Z
dc.date.available 2022-10-31T10:04:31Z
dc.date.issued 2021
dc.description.abstract This study examines mission statements and management effectiveness in “first generation” insurance companies in Nigeria. Content analysis method has been applied with the mission statements and data collected from annual reports (2013-2018) of six insurance companies. In terms of the data analysis, Pearson correlation and descriptive statistics have been employed. The results suggest that the mission statements’ components including the product/service, growth orientation, competences, public image and personnel are crucial for management effectiveness proxied by two ratios of return on equity (ROE) and return on assets (ROA). The study, therefore, recommends that businesses must include in their mission statements, product/service, growth orientation, competences, public image and personnel mission statement components. The study drawback is the small sample size. The study has also proposed area for further research and managerial implications.
dc.identifier.doi 10.14704/WEB/V18SI03/WEB18019
dc.identifier.uri http://repository.vlu.edu.vn:443/handle/123456789/473
dc.language.iso en_US
dc.relation.ispartof Webology
dc.relation.issn 1735-188X
dc.subject Content Analysis
dc.subject Management Effectiveness
dc.subject Return on Assets (ROA)
dc.subject Mission Statements
dc.subject Return on Equity (ROE).
dc.title Linking Mission Statements Components to Management Effectiveness
dc.type journal-article
dspace.entity.type Publication
oaire.citation.issue SI03
oaire.citation.volume 18
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