2.2 TURNOVER This section of the study explores the concept and theories of turnover, its impact of organizational productivity, and the calculation formula. 2.2.1 Definition of Concept Organizations with a “healthy culture” are characterized by high productivity, efficiency, and low turnover because leaders embrace diversity, equality, respect, fairness, and human capacity development (Uyar et al, … Continue reading What is employee turnover?
Abstract Purpose This paper aims to identify and analyze the neoliberal, Anglo-American corporate governance mechanisms which embed shareholder value in Nigeria, and assess how they constitute major “practical barriers” to effective corporate social responsibility (CSR) in the country. While some of these mechanisms operate internally – performance-related pay (executive remuneration) – the use of non-executive … Continue reading The embedding of practical barriers to effective corporate social responsibility
The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count charge bordering on abuse of office & corruption against the immediate former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. Emefiele will be arraigned before Justice Rahman Oshodi of the Lagos High Court, Ikeja on Monday, April 8 on counts bordering … Continue reading EFCC files fresh 26-count charges against ex-CBN Gov Emefiele
Kaduna State Governor, Uba Sani, has said his administration inherited a huge debt burden of $587 million, N85 billion, and 115 contractual liabilities from former governor of the state, Nasir El-Rufai. Governor Sani, who disclosed this in Kaduna on Saturday while addressing a town hall meeting, said the huge debt burden was eating deep into … Continue reading Gov Sani says he inherited $587m, N85bn debts, and 115 contract liabilities from El-Rufai
Corporate governance failures in Nigeria can be attributed to two major factors. While the first is the adoption and usage of a formal legal system that is alien and unamenable to our norms and values (culture), the second which is related to the first is the acceptance and practice of a model of corporate governance … Continue reading Corporate governance challenges in Nigeria
There are many models of corporate governance in the world and there is no universal best choice. The choice of the best model for a company depends on not only on its goals, motivations, mission and business context but also on their economic, legal, political and social frameworks. Nevertheless, there are 2 dominant governance models. … Continue reading Corporate governance models
Photo by Aaron Kittredge on Pexels.com Are you curious about the meaning of the term "corporate governance" in business? Find all its official definitions below, as well as why it is important and what actions can you take to create an effective corporate governance strategy. Definitions of Corporate Governance in Business Simple Definition of Corporate … Continue reading What is corporate governance?
1. Introduction The COVID-19 pandemic exposed governments to waves of fraud. As the unscrupulous profiteers in Britain and America remorselessly exploit the crisis for illegal gains thereby worsening taxpayers’ woes fraud, everyone in both public and private sectors are morally obligated to blow the whistle under the False Claims Act and similar programs. This action … Continue reading ARE WHISTLEBLOWERS TRULY PROTECTED, MOTIVATED AND REWARDED BY EXISTING LEGAL SYSTEMS?
PESTEL Analysis is a strategic framework used to evaluate the external environment of a business by breaking down the opportunities and risks into Political, Economic, Social, Technological, Environmental, and Legal factors. PESTEL Analysis can be an effective framework to use in Corporate Strategy Planning and for identifying the pros and cons of a Business Strategy. The PESTEL framework is an extension of the PEST strategic framework, one that includes … Continue reading What is PESTEL Analysis?
THE COVID-10 PANDEMIC HAS EXPOSED PREVIOUSLY NEGLECTED FLAWS IN GLOBAL Whistleblower Protection LAWS. The pivotal role of accountability and transparency in building and maintaining public trust in organizations is indisputable. How the Chinese government and World Health Organization (WHO) undermined public health at the initial and peak stage of COVID-19 pandemic, and consequential global spread … Continue reading Why is whistleblower protection a trending issue?
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