FACTORS INFLUENCING CORPORATE GOVERNANCE OF STATE OWNED ENTERPRISES IN NIGERIA: THE CASE OF IMO STATE

Authors

  • Lloyd Chukwuemeka Nwafor School of Human Resource and Organization Development, National Institute of Development Administration, Thailand.
  • Busaya Virakul School of Human Resource and Organization Development, National Institute of Development Administration, Thailand.
  • Darlene F Russ-Eft College of Education Oregon State University Corvallis

Keywords:

Corporate governance, influencing factors to corporate governance, State-owned Enterprise, Nigeria.

Abstract

The objective of this paper is to study the corporate governance and its influential factors pertaining to state-owned enterprises (SOEs) in Imo State, Nigeria. A model representing the key influential factors was developed for this purpose. Also, a questionnaire was developed to gather the relevant data andwere tested in 30 SOEs, and 30 semi-structured interviews were conducted with the top management of these firms/establishments.The gathered data was subsequently analyzed, and the findings yielded revealed that political influence, board leadership, board committees, protecting stakeholders’ interests, setting strategic direction, and customer satisfaction exert a significant influence on the corporate governance of SOEs.

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Published

2020-06-30

Issue

Vol. 27 No. 1 (2020): Journal of Public and Private Management Volume 27 Number 1

Section

Public and Private Management