Prevalence of Self-Efficacy and Self-Esteem among Bankers in Select Southwest States in Nigeria

Abstract

Purpose: This research seeks to study the relationship between self-esteem and self-efficacy amongst Nigerian bankers. Design/Methodology: This study adopted a survey research design to examine the relationship between self-esteem and self-efficacy, taking into cognizance other demographic variables, among bankers in Lagos, Ogun and Oyo states of southwest Nigeria. The independent variable measured is self-esteem, while the dependent variable measured is self-efficacy. The research was carried out to seek knowledge on the relationship between self-esteem and self-efficacy among bankers in southwest Nigeria. The demographic variables include age and educational qualification. Findings: A significant relationship exists between self-esteem and self-efficacy scores of bankers. A significant difference exists in the self-efficacy of bankers with undergraduate degree and below with those possessing graduate degrees and above. A significant difference was found for self-efficacy of younger and older banker. Self-esteem is not a predictor of self-efficacy. Implication of Findings: The findings of this study have strong implications in the selection process and definition of job roles of Nigerian bankers. Originality: This is an original piece of empirical work highlighting issues relevant to self-esteem, self-efficacy and performance in the Nigerian banking industry.