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International Journal in Management & Social Science
Year : 2016, Volume : 4, Issue : 6
First page : ( 426) Last page : ( 440)
Online ISSN : 2321-1784.

Outsourcing Strategy and Performance of Construction Firms in Nigeria(2000–2014)

Nzewi Hope N., Onwuzuligbo Leonard T., Akaeme Christian I., Arachie Augustine E.

Department of Business Administration, Nnamdi Azikiwe University, Awka, Nigeria

Online published on 8 August, 2018.

Abstract

In the midst of the seemingly declining performance of the Nigeria construction firms, construction delays, abandonment of projects, this study determined the relationship that exists between outsourcing strategy and the performance of Construction Firms in Nigeria. Least square regression method was employed for the analysis. Data were sourced from Central Bank of Nigeria Statistical Bulletin, on-line publications and Balance Sheet of the construction firms studied. The study adopted correlation research design. Findings revealed a strong positive relationship between dependent variable (Turnover) and independent variables (On-site Out-Tasking, off-site out-tasking, outsourcing cost and exchange rate). Sequel to the findings, it was recommended that construction firms operating in the country should imbibe the culture of employing competent vendors for their business so as to improve their performance.

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Keywords

Outsourcing Strategy, Out tasking, Turnover, Performance, Construction Firms.

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