IMPACT OF RECESSION ON RISK MANAGEMENT SYSTEMS IN NIGERIAN BANKS

dc.contributor.authorUchechi, NWOKEKE
dc.date.accessioned2014-03-10T08:14:58Z
dc.date.available2014-03-10T08:14:58Z
dc.date.issued2010-02
dc.descriptionDEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF ADMINISTRATION, AHMADU BELLO UNIVERSITY, ZARIA.en_US
dc.description.abstractABSTRACT One of the major consequences of recession is a general slowdown in economic activity over a period of time. It therefore beholds and organization to set up a robust Risk management to assist in consolidating property values, claims, policy and exposure information and provide the tracking and management reporting capabilities to enable the organization monitor and control its overall cost of risk. Unfortunately, unavoidable risks, the category to which recession belongs, is mostly ignored. This study therefore is an attempt at assessing the impact of recession on risk management systems and to appraise the effectiveness of the banks general risk management system. The study takes the form of a survey research, with questionnaires and interviews being the dominant source of data collected. Charts and tables have been extensively employed in presenting available data while the chi-square test was used in testing the stated hypothesis. The analysis of data shows that there is a significant relationship between the global financial crisis and the risk management systems of Nigerian banks. The global financial crisis placed a strain on existing risk management systems of banks in Nigeria The study therefore recommends a strict adherence to the risk management system in place while the practice of constant review of this system should be adopted.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/3518
dc.language.isoenen_US
dc.subjectIMPACT,en_US
dc.subjectRECESSIONen_US
dc.subjectRISK,en_US
dc.subjectMANAGEMENT,en_US
dc.subjectSYSTEMS,en_US
dc.subjectNIGERIAN,en_US
dc.subjectBANKS.en_US
dc.titleIMPACT OF RECESSION ON RISK MANAGEMENT SYSTEMS IN NIGERIAN BANKSen_US
dc.typeThesisen_US
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