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2019 | vol. 19, iss. 1 | 7--19
Tytuł artykułu

Requisite Skill Availability and Multinational Corporations Locational Strategies in Nigeria

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Research Background: Unemployment has been a major inhibitor of growth and development in Nigeria and it has been a perpetual problem that has proven insurmountable despite various governmental administration interventions and commercial policies to encourage the influx of multinational corporations and foreign direct investment. As such, this study examined the effect of requisite skill availability (RSA) on multinational Corporations locational strategy (LS) as there has always been skill mismatch inhibiting employability. Research Methodology: The study adopted a cross sectional research design and considered 5 multinational corporations in Nigeria by a random sampling technique. The statistical tools used included multiple regressions and a Correlation analysis through SPSS. Results: The results indicated (RSA) has a significant positive relationship with locational strategy (at p = 0.004). It was also observed that other controlling variables as trade facilitation, foreign ownership policy and structural infrastructural availability also has a significant positive effect. Novelty: The study recommends that; the government should provide an education and personal development platform that would make its citizenry employable based on the skills that are needed by multinational corporations to be localized in the country. (original abstract)
Rocznik
Strony
7--19
Opis fizyczny
Twórcy
  • Federal University of Agriculture, Abeokuta
  • Kwara State University, Malete
  • Leeds Beckett University, United Kingdom
Bibliografia
  • Ahmed, A., Andersson, L., Hammarstedt, M. (2012). Does age matter for employability? A field experiment on ageism in the Swedish labor market. Applied Economics Letters, 19, 403-406.
  • Akerele, W.O., Opatola A.O. (2004). Higher Education and the Labour Market in Nigeria. The final report submitted to African Economic Research consortium. Nairobi, Kenya.
  • Awogbenle, A.C., Iwuamadi, K.C. (2010). Youth Unemployment: Entrepreneurship Development Programme as an Intervention Mechanism. African Journal of Business Management, 4 (6), 831-835.
  • Dennis, A., Shepherd, B. (2011). Trade facilitation and export diversification. The World Economy, 34 (1), 101-122.
  • Du, J.L., Lu, Y., Tao, Z.G. (2012). Institutions and FDI location choice: The role of cultural distances. Journal of Asian Economics, 23 (3), 210-223.
  • Edun, A.O. (2011). A Study of interactive effect of FDI on infrastructural development: Cement contribution in Nigeria. Wuhan University of Technology, China.
  • Fitzgerald, T.J. (1998). Introduction to the Search Theory of Unemployment. Federal Reserve Bank of Cleveland, Economic Review, 34 (3), 2-15.
  • Hughes, D., Gration, G. (2009). Evidence and Impact: careers and guidance related interventions - an online professional resource CfBT Education Trust, Reading. Retrieved from: http://www.eep.ac.uk/dnn2/ResourceArea/Careersworkexperienceemployment/tabid/17Default.aspx.
  • Kang, Y., Jiang, F. (2012). FDI location choice of Chinese multinationals in East and Southeast Asia: Traditional economic factors and institutional perspective. Journal of World Business, 47, 45-53.
  • Pitan, O.S., Adedeji, S.O. (2012). Skills Mismatch Among University Graduates in the Nigeria Labor Market. US-China Education Review, 1, 90-98.
  • Saslavsky, D., Shepherd, B. (2012). Facilitating International Production Networks: The Role of Trade Logistics. Policy Research Working Paper 6224, World Bank.
  • Tabachnick, B.G., Fidell, L.S. (2001). Using Multivariate Statistics. Boston: Allyn and Bacon.
  • Timokhina, O. (2014). Chinese Foreign Direct Investment in Africa in Corporate Social Responsibility Context (P. 2014/29). Maastricht School of Management.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.ekon-element-000171564455

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