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n Journal of Emerging Trends in Economics and Management Sciences - Corporate governance and organizational performance in the Nigerian banking industry

Volume 5, Issue 6
  • ISSN : 2141-7024
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Abstract

The failure associated with corporate governance has assumed multifarious dimensions, as a. In spite of several reforms put together by government to strengthen this sector, banks appear result the survival and stability of any financial sector appear to be dependent on the quality of its governance still prone to failure. The broad objective of this study is the impact of corporate governance on organizational performance in the Nigerian Banking Industry. Specifically the study also focused on the effect of ethical conduct on employees' productivity. The survey research design method was employed. The research instrument was a validated structured questionnaire. The major analytical tools comprised the correlation and multiple regression analysis. It is revealed that unethical behavior by employees seems to affect individuals, work teams, and even the organization. The study concludes that corporate governance through ethical behavior has positive effect on employees' productivity. Corporate governance is about ensuring transparency, building credibility and ensuring accountability as well as maintaining an effective channel of information disclosure that would enhance good corporate performance. Faithful adoption of corporate governance practices will help in contributing to effective organizational performance of the banking sector and the stability of the economy. It is recommended that organizations should emphasize on moral conduct of individual employees to avoid negative effect.

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/content/sl_jetems/5/6/EJC164605
2014-12-01
2019-09-16

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