Linking Corporate Governance with Organizational Performance: New Insights and Evidence from Nigeria

Dr. Joe Duke II
Dr. Joe Duke II * §
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§ University of Calabar, Calabar, Nigeria University of Calabar, Calabar, Nigeria

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Linking Corporate Governance with Organizational Performance: New Insights and Evidence from Nigeria

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Abstract

Past studies on corporate governance among Nigerian firms have been limited to quoted companies, thereby excluding insights into the behavior of privately-owned firms that form the bulk of the existing formal business organizations. Using a balanced sample of quoted and unquoted firms, this study attempted to establish a nexus between corporate governance and organizational performance. Strong relationships were found between a number of corporate governance variables and firm performance measures. The study also found that there were no material differences between the reliability of financial reporting between quoted and unquoted firms. It recommended a combination of principles and rules-based approaches to dealing with governance infractions, mandatory self-reporting of the degree of compliance with governance codes in company annual reports and setting of high standards for selection of non-executive and independent board members.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Joe Duke II. 1970. "Linking Corporate Governance with Organizational Performance: New Insights and Evidence from Nigeria". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 11 (GJMBR Volume 11 Issue A12).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Corporate GovernanceEthicsNigeriaOrganizational Performance
Classification
GJMBR-A Classification FOR Code: 150303
150312 JEL Code G32
G34
  • Submission ReceivedOctober 17, 2011
  • Peer Review Double Blind
    Handling Editor
  • Accepted November 10, 2011
  • Published November 23, 2011
Version of record

v1.2

Language
English
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Linking Corporate Governance with Organizational Performance: New Insights and Evidence from Nigeria

Dr. II
Dr. II University of Calabar, Calabar, Nigeria
  • Submission ReceivedOctober 17, 2011
  • Peer Review Double Blind
    Handling Editor
  • Accepted November 10, 2011
  • Published November 23, 2011