Corporate Governance and Human Resource Management in Nigeria’s Downstream Petroleum Sector

Oyewunmi Olabode A. (), Ogunnaike Olaleke O. () and Adeyemi Kenneth S. ()
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Ogunnaike Olaleke O.: Covenant University, Sango Otta, Nigeria
Adeyemi Kenneth S.: Kwara State University, Malete, Nigeria

Scientific Annals of Economics and Business, 2017, vol. 64, issue 2, 139-153

Abstract: The emergence of a ‘new world economy’ makes it imperative for corporate entities to adjust their corporate values, practices and internal processes. This paper explored the interrelatedness of selected corporate governance practices and human resource management outcomes. The paper relied on established corporate management theories as a platform for empirical consideration of selected issues relative to four established players in Nigeria’s downstream petroleum sector. A descriptive method was adopted and data was collected via a survey of 112 respondents. Contextual arguments were captured to achieve a robust appreciation of issues affecting individual participation and operations of corporate entities. The study found that there is a significant relationship between corporate governance practices and human resource management outcomes. Requisite conclusions and recommendations were provided in the light of empirical and theoretical findings.

Keywords: corporate governance; human resource management; petroleum; downstream; Nigeria (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:aicuec:v:64:y:2017:i:2:p:139-153:n:1

DOI: 10.1515/saeb-2017-0009

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