Business Administration-Conference Papers

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Browsing Business Administration-Conference Papers by Author "ADEBISI, SUNDAY ABAYOMI"

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    Relationship between Corporate Governance and Managerial Efficiency in Nigerian Public Corporations
    (BRITISH ACADEMY OF MANAGEMENT CONFERENCE, ASTON UNIVERSITY, BIRMINGHAM, UNITED KINGDOM, 2019) OFUANI, AIWANEHI BARBARA; ADEBISI, SUNDAY ABAYOMI
    Corporate governance importance in ensuring compliance with procedures, rules and regulations for efficient delivery of public corporation in developing nation has become a very important discussion among scholars, due to growing governance failure, indicated by collapses of erstwhile large state corporations across the globe. Unethical business conduct, corporate governance abuses and managerial inefficiencies have been seen to pervade most operations of public corporations in Africa. This paper therefore addressed corporate governance practices and managerial efficiency in some selected public corporations in Nigeria. Data were obtained from the Lagos offices of the selected six public sector establishments with a questionnaire instrument, using a multi-staged sampling technique (purposive and stratified). Data were analyzed using Duncan’s Post-Hoc tests, Correlation Regression models and ANOVA test. The results of the tests showed that Nigerian Public corporations partially comply with code of corporate governance practices and that; there exists a positive relationship between corporate governance and managerial efficiency. The paper concludes that strict compliance with existing code of corporate governance is important and that, structures should be established to ensure sound ethical climate for managerial efficiency to the satisfaction of all stakeholders.