THE EFFECT OF CORPORATE GOVERNANCE ON ORGANIZATION PERFORMANCE IN NIGERIA
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- NGN 3000
ABSTRACT
The main aim of this study is to examine the effect of corporate governance on organizational performance using Forte Oil in Kaduna State as case study. The research adopted a descriptive survey design was employed to assess the opinions of the respondents and with the aid of convenient sampling method a total of 36 participant were selected from Forte Oil petrol stations in Kaduna Metropolis in Nigeria. Well structured questionnaire was issued to the respondent of which total of 30 responses were retrieved and validated for the study. Data was analyzed in using simple percentage in frequencies and tables. Findings from the study revealed that Financial reports have significantly improved the process of corporate governance in Nigeria and thus has significance effect on organizational performance. Moreso, Effectiveness of financial reporting significantly improves corporate objectives, finally Effective communication between top management and subordinate can enhance organizational productivity. The study therefore recommends that It was concluded that corporate governance has significance effect on organizational performance. It was recommended that management of Forte oil in Kaduna State should look deep into their corporate governance practices and restructure how to implement it to ensure continuous improved organizational performance.
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