Corporate governance and organisational performance



Abstract

The study titled corporate governance and organizational performance was an attempt to explore the implications of corporate governance on organizational performance of the selected commercial banks in Nigeria. The study was a survey-type of research that employed compare mean in an attempt to identify the direction and the magnitude of the impact variables under investigation. The data were analysed with t-test. In order to solve the envisaged problem in this research, two hypotheses were formulated. The findings reveal that corporate governance has significant impact on the performance of the organization; the study concludes that effective corporate governance is the fulcrum upon which organizational performance revolves. In light of the aforementioned, the study recommends that Central Bank of Nigeria should set up committee to monitor the activities of the commercial bank to ensure strict compliance with the regulatory framework as provided by code Best practices of Corporate Governance in Nigeria in their financial transactions. This however, guarantees transparency and accountability which in turn, enhances organizational performance.

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