DECISION MAKING AUTHORITY AND ACCEPTANCE OF ORGANIZATIONAL GOALS IN DEPOSIT MONEY BANKS IN RIVERS STATE

Abstract

The study examined the relationship between decision making authority and acceptance of organizational goals in deposit money banks in Rivers State. The study adopted the Cross-sectional survey research design. The population of the study consisted of 635 workers from 5 selected deposit money banks in Port Harcourt. A sample size of 245 workers was drawn. Two Hundred and Forty-five (245) copies of the structured questionnaire were personally administered to the respondents out of which 195 representing 97.5% were found valid for analysis. All items on the questionnaire had a Cronbach Alpha threshold of 0.9 and above in the reliability test. Descriptive tools such as the mean and standard deviation were used in assessing the univariate distributions for the three variables. The inferential statistical tool, the Spearman’s rank order correlation coefficient (Rho), was used in the test for the bivariate hypotheses of the study using SPSS version 22. The study revealed that there is a significant relationship between decision making authority and acceptance of organizational goal in deposit money banks in Port Harcourt. The study concluded that there is a positive and significant relationship between decision making authority and acceptance of organistional goal in deposit money banks in Port Harcourt. The study recommended that firms should empower their workers by providing them with greater authority in decision making through decentralizing decision making process and involving employees in key operational decisions.