CORPORATE GOVERNANCE AND OPERATIONAL PERFORMANCE OF A MANUFACTURING FIRM (CASE STUDY OF NIGERIAN BREWERIES LAGOS, NIGERIA)
Abstract
This study examined the relationship between corporate governance and operational performance. It also invested the influence of corporate governance on employee’s productivity and extent to which corporate governance impact on employee’s retention with a view to improving operational activities of Nigerian Brewery. The study adopted quantitative design. A total number of three hundred and fifty questionnaires were admitted and two hundred and ninety-four were returned. Data were collected with the aid of questionnaire. Percentage, graph, charts, correlation analysis, and multiple regression analysis were employed. Findings showed that corporate governance is positively and significantly related to operational performance. Findings also shows that corporate governance significantly impacted on employee’s productivity in Nigerian Brewery. It was also found that corporate governance impacted on labour retention in the firm under the study. The study therefore conclude that corporate governance is an effective way to improve organization’s productivity.
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