Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

Empirical Analysis of the Essential Drivers that Influence the Factors for
Measuring the Performance of International Financial Institutions

 
 
Joseph Agholor
(London Metropolitan University Business School, London, EC 2M 6SQ, UK)
 

Abstract: There are varieties of drivers that influence the techniques for measuring the performance of International Financial Institutions. Significant of these drivers include, Strategic Policies, the Quality of the Products and Services, the Relationships of the Financial Institutions with their main Stakeholders, the Organizational Structures and Managerial Dimensions as well as Technological Systems. Within the remit of this article, the paper will further discuss the significance of the banks’ global expansion, efficiency and stability. Arguably, it is generally regarded that the four drivers are the focus of progress of the International Financial Institutions, for example, by maintaining cordial relationship with the main stakeholders (shareholders, customers and bondholders), the Boards of Directors of the global banks will be seen to be engineering and contributing to the effectiveness of their institutions’ policies and programmes. Also, the employees will regard themselves as significant and useful entities within the Corporate Body of the Financial Institutions. Furthermore, both the Directors and the Employees will maintain constant commitments to their Institutions’ objectives, policies and goals, thus enhancing more effectively, the corporate goals and the overall performance targets of their Global Financial Institutions. It can also be said that Management will present themselves as sources of competitive advantage, generating multiple outcomes among their divisional, departmental and international levels of operations, thus offering such challenges that will foster the global economic and financial goals of the international financial institutions.
 

Key words: empirical analysis; international financial institutions; drivers; performance

JEL codes: F33




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