Effect of Organisational Norms and Values Practices on Institutional Stability in Public and Private Universities in Southwest Nigeria

Abstract

Because shifts in human capital affect organisations' efficiency, effectiveness, and productivity, it stands to reason that human capital retention should be a top priority for the management of all types of institutions. This study sought to verify this claim by investigating the impact of institutional stability on organisational norms and values practices in Southwest Nigerian public and private universities. The research used a descriptive survey design and surveyed 8,550 faculty members from both public and private institutions in Southwest Nigeria. A total of 382 respondents were selected using a multistage sampling procedure. A combination of descriptive and inferential statistics from factor and structural equation modelling (SEM) analyses were used to examine the produced data. The findings indicate that the norms and values strategy constructs significantly impact institutional stability in a positive way. The coefficient values for organisational prestige, organisational commitment, job satisfaction, and organisational justice are (β = 0.425, p <0.05), (β = 0.362, p <0.05), (β = 0.274, p <0.05), and (β = 0.625, p <0.05), respectively. Therefore, the study found that to create a stable and resilient academic environment, it is essential to adhere strongly to organisational norms and values.