FACTORS INFLUENCING CORPORATE GOVERNANCE OF STATE OWNED ENTERPRISES IN NIGERIA: THE CASE OF IMO STATE
Keywords:Corporate governance, influencing factors to corporate governance, State-owned Enterprise, Nigeria.
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.