Effect of Stakeholders Collaboration on Corporate Governance in Nigerian Tertiary Institutions (A Study of University of Cross River State (UNICROSS))

Dr. Cassiuss A. Ogar, Utibe Edet Bassey and Dr. Charles Ojiji
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Dr. Cassiuss A. Ogar: Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2
Utibe Edet Bassey: Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2
Dr. Charles Ojiji: Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2

International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 14, 886-909

Abstract: With the advancement of multinational enterprises globally and Nigeria in particular, and with the multifaced drivers as factors for consideration, the need for stakeholders’ inclusivity in operational decisions has become a necessity, it is in view of this that this paper seek to x-ray the effect of Corporate Governance on Stakeholders collaboration in Multinational Enterprises in Sub-Saharan Africa with an empirical perspective on University of Cross River State (UNICROSS). The key objective of the study w as to examine the effect of stakeholders’ collaboration on corporate governance structure of tertiary institutions in Nigeria. One of the hypotheses of the study assumed that there is no significant effect of stakeholders’ collaboration on corporate governance structure of tertiary institutions in Nigeria. The population of the study covers 464 senior and junior staff of University of Cross River State (UNICROSS), through the application of Taro Yamane formula, the sample size of the study is 215 respondents. The study deployed Linear Regression analysis technique in analyzing the sourced primary data through Statistical Tool for Social Sciences (SPSS) version 25. The findings revealed that there is a significant positive effect of stakeholders’ collaboration on corporate governance structure of multinational enterprises. The implication of this study is that, it helps to creates a corporate culture on the need for stakeholders’ consultation in policy formulation and implementation in corporate organizations.

Date: 2025
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