ORGANISATION COMMITMENT, INTERNAL CONTROL SYSTEM, ACCOUNTABILITY AND RETURN ON INVESTMENT: THE CASE OF PROJECTS FOR NATIONAL HOUSING AND CONSTRUCTION COMPANY LIMITED(PhD)
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PHD THESIS TOPIC:
ORGANISATION
COMMITMENT, INTERNAL CONTROL SYSTEM, ACCOUNTABILITY AND RETURN ON INVESTMENT: THE
CASE OF PROJECTS FOR NATIONAL HOUSING AND CONSTRUCTION COMPANY LIMITED
ABSTRACT
Organizational commitment, Internal
Control system and accountability are important organizational phenomena that
have been recognized by academicians, practitioners and modern times as
fundamental elements in the successful operation of the organization and in a
competitive market.
The purpose of the study was to
study if NHCC projects return on investment was affected by the level of
organizational commitment of the project team, internal control systems and
accountability for project funds.
A cross-sectional survey was
employed as the primary method to collect data. The field work consisted of a
self administered questionnaire to 168 respondents but received 112
questionnaires. Data was analysed using SPSS and correlations and regressions
were run.
The findings revealed that
organizational commitment has a significant relationship with Return on
Investment on the company projects. Accountability coupled with good internal
control policies and procedures in place have a positive relationship with Return
on investment on company projects. There is a positive relationship between
organizational commitment, accountability, internal control system and
consequent Return on Investment. Therefore if project teams/employees were
committed and improve on accountability of project funds the Return on
investment of company projects will improve or even surpass the budgeted ROI
for the projects.
Its recommended that internal
control systems in regards to meeting project funds accountability requirements
could be put in place, strongly enforced, Team sizes affected the level of
organizational commitment on the company projects which could be improved
through having more project staffs like foreman, supervisors, clerk of works on
permanent employment basis.
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