CORPORATE GOVERNANCE STRATEGIES AND ETHICAL LEADERSHIP AND TRANSPARENCY PRACTICES IN SELECTED NIGERIAN OIL AND GAS COMPANIES
Abstract
This study investigated the impact of corporate governance strategies on the ethical leadership and transparency in selected listed oil and gas companies in Nigeria. Weak corporate governance structure and strategies have led to inefficiencies, a lack of transparency, and accountability gaps, which affect corporate performace and shareholder confidence. A survey research design was employed to achieve the study's goals and objectives. Data was gathered through questionnaire administered to a carefully selected sample population. The study identified 1092 staff members of the selected oil and gas companies and sampled 293 for the purpose of questionnaire administration comprising senior managers, middle-level managers, and first-line managers within these organizations Descriptive statistics and multiple regression analysis were used to evaluate the data obtained. The findings showed anR² value of 0.886, which implies that there is a statistically significant and strong positive impact Of corporate strategies employed by companies on empolyees’ accountability. Also, the study showed that the R² value of 0.913 explained that ethical leadership significantly contributes to maintaining consistent feedback policies. The study recommended that organisations should prioritise developing and maintaining clear, comprehensive corporate governance strategies to boost employees’ capability in setting and achieving goals. Firms should streamline risk assessment processes to avoid overly rigid or poorly executed practices that may undermine employees’ confidence and capability.
This article is available as a PDF download
Published in INTERNATIONAL JOURNAL OF ACCOUNTING, FINANCE AND TAXATION
ISSN: 3027-0378
This article appears in our peer-reviewed academic journal
View JournalRelated Articles
Explore similar research in our collection
BUDGETING ALLOCATION AND UTILIZATION IN THE NIGERIA PUBLIC SECTOR: HOW WIDE IS THE DISPARITY
Onunwo, Kevin Okechukwu Abel, Ebele Patricia Ifionu
Apr 7, 2026
This study examines public budget allocation and utilization in Nigeria’s health, education, and a...
View ArticleDEBT SERVICING AND ECONOMIC GROWTH IN NIGERIA
Ogboru-Michael, Titi, Ebele Patricia Ifionu
Apr 7, 2026
Rising level of public debt and surged debt servicing obligations have become major problems for eco...
View ArticleCOST MANAGEMENT TECHNIQUES AND ORGANIZATIONAL PERFORMANCE IN OIL AND GAS INDUSTRY IN NIGERIA
Prof Ogbonna, G.N., Enemugha Julius Eniekedou
Mar 3, 2026
This article examined the relationship between Cost Management Techniques and Organizational Perform...
View Article