Policy Implementation and Employee Retention on Firm Survival of Tertiary Institutions in Southwest, Nigeria
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Authors: Temitope Emmanuel Akinruwa;<br> Oluwole Adeniyi Bankole;<br> Kehinde Olayiwola Abimbola
Affiliations: Department of Business Administration, Edo State University Iyamho, Edo, Nigeria
Corresponding Author: editor.ejbam@edouniversity.edu.ng
Published in: ESUI Business and Management Journal, Volume 1, Issue 1 (2024)
Pages: 245-252
ISSN: 1595-5656
Views: 69 | Downloads: 35
Status: Approved
License: Creative Commons Attribution 4.0 International
Abstract
This study determines the relationship between policy implementation and employee retention on firm survival, with reference to Tertiary Institutions in Southwest, Nigeria. A descriptive survey research design was adopted for the study.
The population of the study comprised both academic and non-academic staff of the selected Tertiary Institutions in Southwest, Nigeria. The study employed a sample size of 510 through the Yamane sampling model. Primary data used for the study were gathered by administering a well-structured questionnaire.
Data gathered were analyzed using hierarchical multiple regression analysis. The study found that policy implementation and employee retention significantly affect firm survival. Thus, it concluded that policy implementation and employee retention positively affect the firm survival of Tertiary Institutions in Southwest, Nigeria.
The study recommended that affected staff should be carried along on any policy change or new policies before implementation to enhance retention and survival.
Keywords
Policy Implementation, Employee Retention, Survival
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Temitope Emmanuel Akinruwa; Oluwole Adeniyi Bankole; Kehinde Olayiwola Abimbola. (2024). "Policy Implementation and Employee Retention on Firm Survival of Tertiary Institutions in Southwest, Nigeria." ESUI Business and Management Journal, 1(1), 245-252.
Publication Timeline
- Received: December 5, 2024
- Accepted: December 5, 2024
- Published: December 5, 2024
- Last Updated: April 20, 2026
DC.Title: Policy Implementation and Employee Retention on Firm Survival of Tertiary Institutions in Southwest, Nigeria DC.Creator: Temitope Emmanuel Akinruwa; Oluwole Adeniyi Bankole; Kehinde Olayiwola Abimbola DC.Date.issued: 2024-12-05 DC.Source: ESUI Business and Management Journal DC.Source.Volume: 1 DC.Source.Issue: 1 DC.Identifier: 26 DC.Language: en DC.Type: Text.Serial.Journal DC.Rights: Copyright (c) 2024 Temitope Emmanuel Akinruwa; Oluwole Adeniyi Bankole; Kehinde Olayiwola Abimbola DC.Rights.License: CC BY 4.0 DC.Identifier.PDF: https://esuibusinessjournal.com/uploads/manuscripts/693ed6794416f_Policy_Implementation_and_Employee_Retention_on_Firm_Survival_of_Tertiary_Institutions_in_Southwest__Nigeria.pdf