INFLUENCE OF POLITICAL ENVIRONMENT ON FIRMS’ CORPORATE PERFORMANCE: EVIDENCE FROM SELECTED MANUFACTURING FIRMS IN OYO STATE, NIGERIA

Idowu Emmanuel Olubodun

International Journal of Management and Marketing Research, 2019, vol. 12, issue 1, 37-50

Abstract: The array of incidences of corporate failure and poor performance witnessed in the economy recently cannot be unconnected to the activities in the political environment surrounding business operations. Thus, the study focuses on the influence of the political environment on firms’ corporate performance with evidence from selected firms in the manufacturing sector of the Nigerian economy. The study used research survey using questionnaire to elicit data from the middle and top managers about their perception of the effect of political environment measured by government regulations, legislation, policy and security on corporate performance using multiple regression techniques. The individual effect of each of the proxy for the independent variable on the dependent variable was mixed. The study reveals that political environment has a significant effect at p

Keywords: Political Environment; Corporate Performance; Manufacturing Sector (search for similar items in EconPapers)
JEL-codes: M10 M19 (search for similar items in EconPapers)
Date: 2019
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