Corporate Governance and Sustainable Development in Nigeria- Perspectives and Challenges
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2019, Vol 8, Issue 9
Abstract
The objective of this study is to explore the link between corporate governance and sustainable development in Nigeria. The study adopted a mixed research design. A survey design was used to identify the perceptions of Accountants, Auditors, Accounting Academics and regulators on whether there is a nexus between good corporate governance and sustainable development in Nigeria. Once identified, a Likert-type research questionnaire was drawn to elicit information from the respondents. Additionally, focused group discussions, comprising accounting academics at a premier Nigerian University was convoked to also throw light on the issues involved. Descriptive statistics of percentages, mean and standard deviation were used to analyse the data generated by the study. T-test statistic was used to determine the homogeneity of the opinion of the various classes of respondents. The findings of the study include the fact that there is a positive relationship between good corporate governance principles and sustainable development in Nigeria. The findings have implications for company management and regulation as Africa charts its course in attaining the United Nations sustainable development goals.
Authors and Affiliations
Sunday C Okaro, Grace N Ofoegbu, Gloria O. Okafor
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