This study examined the corporate governance and its impact on the management of Forte Oil Nigeria Plc Kaduna. Research questions guided the study. A survey method was used for this study. The population consisted of all the management staff of Forte Oil Nigeria Plc Kaduna with a total population of twenty five (25) persons. The entire 25 person were selected for the study. A questionnaire developed by the researcher based on liker 5 point scale was used for the study. Mean scores and frequencies were used to analyze the data based on the research questions. Research results shows that internal and external mechanism of corporate governance are used to regulate the performance of Forte Oil Nigeria Plc. The control mechanism put in place by Forte Oil Nigeria Plc include internal and external auditing as well as board of director monitoring and balance of power. The systemic problems militating against corporate governance include high cost of monitoring, inadequate supply of accounting information to shareholders.
TABLE OF CONTENTS
Title pagei
Declarationii
Approval Pageiii
Dedicationiv
Acknowledgementv
Abstractvi
Table of Contentsvii
CHAPTER ONE: INTRODUCTION
1.1Background of the Study1
1.2Statement of the Problem3
1.3Objective of the Study4
1.4Significance of the Study5
1.5Research Questions5
1.6Scope of the Study6
1.7Definition of Terms6
CHAPTER TWO:
LITERATURE REVIEW
2.0Introduction8
2.1The Concept of Corporate Governance8
2.2Principles of Corporate Governance10
2.3The Impact of Corporate Governance on the Performance of Corporate Organizations12
2.4Internal and External Corporate governance control mechanism15
2.5The Systemic Problems of Corporate Governance18
2.6Corporate Governance Models around the World19
2.7Regulation in Corporate Governance22
2.8Parties to Corporate Governance25
2.9Summary of the Literature Review31
CHAPTER THREE:
METHODOLOGY
3.1Introduction32
3.2Research Design32
3.3Area of Study32
3.4Population of the Study32
3.5Sample Size and Sampling Technique33
3.6Instrument of Data Collection33
3.7Validation of the Instrument33
3.8Reliability of Instrument34
3.9Method of Data Collection34
3.10Method of Data Analysis34
CHAPTER FOUR:
DATA PRESENTATION AND ANALYSIS
4.1Introduction36
4.2Characteristics of Respondents36
4.3Data Analysis37
4.4Summary of Findings43
4.5Discussion of Findings44
CHAPTER FIVE:
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.0Introduction46
5.1Summary46
5.2Conclusion47
5.3Recommendations48
References50
Appendix52
THE EFFECT OF CORPORATE GOVERNANCE ON THE PERFORMANCE OF FORTE OIL NIGERIA PLC
THE EFFECT OF CORPORATE GOVERNANCE ON THE PERFORMANCE OF FORTE OIL CHAPTER ONE INTRODUCTION 1.1 Background of the Study Corporate Governance is a number of process, customers, policies, laws and institutions which impacts on the way a company is controlled. An important theme of corporate governance is the... Continue Reading
THE EFFECTS OF CORPORATE GOVERNANCE ON FIRM PERFORMANCE. (A STUDY OF SELECTED COMPANIES IN NIGERIAN STOCK EXCHANGE) BY ONYENWEH IFEANYI EMMANUEL 2012154085 DEPARTMENT OF ACCOUNTANCY, FACULTY OF MANAGEMENT SCIENCE, CHUKWUEMEKA ODUMEGWU OJUKWU UNIVERSITY, IGBARIAM CAMPUS AUGUST, 2016. TITLE PAGE THE EFFECTS OF CORPORATE GOVERNANCE ON FIRM... Continue Reading
Background of the Study Corporate Governance is a number of process, customers, policies, laws and institutions which impacts on the way a company is controlled. An important theme of corporate governance is the nature and extent of accountability of people in the business and mechanisms that try to decrease the principal agent problem... Continue Reading
Background of the Study Corporate Governance is a number of process, customers, policies, laws and institutions which impacts on the way a company is controlled. An important theme of corporate governance is the nature and extent of accountability of people in the business and mechanisms that try to decrease the principal agent problem (Wikipedia,... Continue Reading
ABSTRACT This study examined the corporate governance and its impact on the management of Forte Oil Nigeria Plc Kaduna. Research questions guided the study. A survey method was used for this study. The population consisted of all the management staff of Forte Oil Nigeria Plc Kaduna with a total population of twenty five (25) persons. The entire 25... Continue Reading
INTRODUCTION 1.1 Background to the Study From time immemorial, there wasn’t any need for corporate governance due to the fact that business institutions were owned and managed by their sole owners. In recent times, the owners have employed professionals to manage and direct the affairs of their institutions in anticipation of giving account of... Continue Reading
ABSTRACT The importance of corporate governance in the 21st century cannot be over emphasized. The global economy has witnessed white collar fraud in the Nigerian banking sector. Which led to the fall of Oceanic Bank, Bank PHB, Spring Bank etc. this corporate fiasco may have been averted if... Continue Reading
ABSTRACT The focus of this study is corporate governance and banking performance in Nigeria. corporate governance has been identified to mean different things to different people. The objectives of this work is to investigate if there is any significant relationship between directors equity holding and bank performance in Nigeria and also to... Continue Reading
CHAPTER ONE 1.1 BACKGROUND TO THE STUDY The importance of a vibrant, transparent and healthy banking system in the mobilization and intermediation of fund, for the growth and development of the economy need not to be over-emphasized. Worthy is of the fact that the level of functioning of the financial sector depends on the perception and patronage... Continue Reading
CHAPTER ONE 1.1 BACKGROUND TO THE STUDY The importance of a vibrant, transparent and healthy banking system in the mobilization and intermediation of fund, for the growth and development of the economy need not to be over-emphasized. Worthy is of the fact that the level of functioning of the financial sector depends on the perception and patronage... Continue Reading