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Volume :15 Issue : 2 2008
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Early Career Development and the Effectiveness of Formal and Informal Socialization: An Empirical Investigation in Lebanese Banks
Auther : Silva K. Karkoulian
Yasmine A. Osman
The purpose of this paper is to define the relationship between career development and socialization. These two concepts are highly perceived as acute, crucial, and dynamic factors for future managers. This survey is aimed to test whether socialization - both formal and informal - may enhance, modify, and ameliorate career development in the Lebanese Banking Sector. The regression equations conducted in this study show that informal socialization is positively and significantly correlated with career satisfaction, career path, and career established goals. However, formal socialization is negatively correlated with both career satisfaction and career path.