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- ItemOpen AccessA Commentary of the Role of Multinationals in the Economic Development of Nigeria(International Academy of African Business and Development (IAABD), 2008) Aiyeku, Joseph F; Farahbakhsh, Massoud; Dixon-Ogbechi, Bolajoko N.This paper highlights the impact of multinationals and their marketing on the economic development of Nigeria. In the paper, we aim to arouse interest in what we consider to be a neglected area of marketing and to build on the limited work published so far in this area in Nigeria. Our paper is based on a literature review of the effects of the multinationals’ marketing activities in terms of their contribution to the development of marketing mix elements in Nigeria, as well as their contributions to the economic development of the nation. The practice of marketing ethics and their effects on corruption, which is a cankerworm disturbing the progress of the nation; and the dilemmas they are facing in the dynamic Nigerian business environment. The paper identified some problems and gave recommendations to overcome them. And it is believed that if these recommendations are adopted, Nigeria will benefit tremendously from the marketing effects of the multinationals operating in the country.
- ItemOpen AccessRelationship 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 ABAYOMICorporate 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.