Investigating the Effect of Gender on Banking Distress: Perspectives from the Nigerian Banking Industry

The aim of this quantitative causal comparative analysis was to examine the relationships among gender, job satisfaction, and fraud perception of Nigerian bank managers and banking distress in two Nigerian cities, Lagos and Abuja. Data were collected from 302 bank managers using the Job Satisfaction Survey and Work Locus of Control Scale. Results from a Pearson product moment correlation (r) and ordinary least squares multiple regression analysis showed gender, age, and income significantly correlated with and predicted job satisfaction. Results were similar between males and females, and no significant differences resulted from the findings on job satisfaction levels. The findings suggest the assumption that females have a higher job satisfaction level than males in the banking industry appears to be inaccurate. In addition, neither males nor females have a tendency to be more or less deviant due to the non-significance of the p-value.