Relevance Of Capital Budgeting For Decision Making In Public Sector Organization (A Study Of Ikot Ekpene Local Government Council.)
ABSTRACT
The study is to investigate capital budgeting and its relevance for
decision making in public sector with reference to lkot Ekpene Local
Government as a case study, this was for the purposes of determine
capital budgeting techniques that should be adopted or used for
decision making in public sector, forms of investment to embark upon
by the Local Government council and challenges facing capital
budgeting processes in public sector. To achieve the objective of the
study descriptive research design •was used. A total of 130
questionnaires were administered to selected staff of 8 departments
of the council which 50 were completely filled and returned which
represented 38% of the administered questionnaire. Data from the
departments of Ikot Ekpenë Local Governmenf were used. In testing
the hypothesis pearson product moment correlation analysis was
used. Findings reveals that, from the hypothesis tested, there is a
significant relationship between capital budgeting and decision
making in public sector and Ikot Ekpene Local Government should p
embark on capital budgeting and follow its processes which in turn
helps the council to improve in productivity and good governance. It
therefore conclude that capital budgeting is an indispensable tool in
Ikot Ekpene Local Government council when taking long-term
decision. Finally it is commended that staff of the council should be
trained on capital budgeting since the significant proportion of the
counáil expenditure is on long-term product.
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OKORO, C (2021). Relevance Of Capital Budgeting For Decision Making In Public Sector Organization (A Study Of Ikot Ekpene Local Government Council.). Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/relevance-of-capital-budgeting-for-decision-making-in-public-sector-organization-a-study-of-ikot-ekpene-local-government-council-7-2
CHURCHILL, OKORO. "Relevance Of Capital Budgeting For Decision Making In Public Sector Organization (A Study Of Ikot Ekpene Local Government Council.)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 09 Jun. 2021, https://repository.mouau.edu.ng/work/view/relevance-of-capital-budgeting-for-decision-making-in-public-sector-organization-a-study-of-ikot-ekpene-local-government-council-7-2. Accessed 25 Nov. 2024.
CHURCHILL, OKORO. "Relevance Of Capital Budgeting For Decision Making In Public Sector Organization (A Study Of Ikot Ekpene Local Government Council.)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 09 Jun. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/relevance-of-capital-budgeting-for-decision-making-in-public-sector-organization-a-study-of-ikot-ekpene-local-government-council-7-2 >.
CHURCHILL, OKORO. "Relevance Of Capital Budgeting For Decision Making In Public Sector Organization (A Study Of Ikot Ekpene Local Government Council.)" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/relevance-of-capital-budgeting-for-decision-making-in-public-sector-organization-a-study-of-ikot-ekpene-local-government-council-7-2