CORPORATE GOVERNANCE AND ORGANIZATIONAL PERFORMANCE OF SELECTED MANUFACTURING FIRMS IN AKWA IBOM STATE

Student: Happiness Udo Etim
Supervisor: Dr Kingsley Uwa
HOD: Dr Kingsley Uwa
Department of Business Administration
Management Sciences
Akwa Ibom State University, Ikot-Akpaden, Akwa Ibom State

Abstract

Abstract The study focused on “corporate governance and organizational performance of selected manufacturing firms in Akwa Ibom State”. The study was guided by the following research objectives which include; to evaluate the relationship between board independence and organizational performance; to investigate the relationship between audit committee independence and organization performance: to ascertain the relationship between board size and organizational performance: to investigate the relationship between executive remuneration and organization performance. The study adopted descriptive survey and exploratory design. The target population of this study was 273 respondents which also has a sample size of 250 selected manufacturing firms in Akwa Ibom State. To assess the internal consistency of the research data reliability and validity tests were conducted via SPSS (Statistical Package for Social Sciences, version21). Furthermore, the data of this study was analyzed using descriptive statistic such as percentages in analyzing research questions and Pearson Product Moment Correlation (PPMC) analysis were used to test the extent of the relationship between corporate governance and organizational performance of selected manufacturing firms in Akwa Ibom State. Results from the analyses revealed that the correlation (r) value of 0.942, p.

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