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  • 标题:McDonaldization of Nigerian Banking Industry in the Post-consolidated Era: An Exploration of the Unavoidable Consequences
  • 本地全文:下载
  • 作者:Emeka W. Dumbili
  • 期刊名称:Mediterranean Journal of Social Sciences
  • 电子版ISSN:2039-2117
  • 出版年度:2013
  • 卷号:4
  • 期号:1
  • DOI:10.5901/mjss.2013.v4n1p343
  • 出版社:Mediterranean Center of Social and Educational Research (MCSER)
  • 摘要:This article explores the McDonaldization of banking operation in Nigeria. In doing so, it brings to light a critical analysis of the increasing rationalization process in light of a developing economy. McDonaldization thesis has generated serious academic debate since it was introduced by George Ritzer the American sociologist in 1993. However, it has received seldom attention among Nigerian scholars and none to my knowledge has applied it to examine the banking industry which is invariably the most McDonaldized sector in Nigeria. This article therefore, draws on the thesis to explore the increasing rationalization process the sector is undergoing since consolidation and recapitalization exercises began in 2005. The article argues that the sector is McDonaldized and this has engendered efficiency, predictability, calculability and control. The article further argues that this McDonaldization process inevitably has led to increasing negative impacts of McDonaldization and concludes by pointing out some remedies.
  • 关键词:consolidation; McDonaldization; Nigerian banking industry; recapitalization; rationalization
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