CORPORATE GOVERNANCE AND ITS IMPACT ON FINANCIAL MANAGEMENT PRACTICES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: CORPORATE GOVERNANCE AND ITS IMPACT ON FINANCIAL MANAGEMENT PRACTICES
This research explores the impact of corporate governance on financial management practices. Objectives include identifying key corporate governance mechanisms, analyzing their influence on financial decision-making, and assessing the relationship between governance quality and financial performance. A survey research design is employed to gather data from corporate executives and governance experts. Using Taro Yamane's formula, a sample size of 300 firms in Lagos, Nigeria, was selected. The reliability coefficient score of the survey instrument is 0.89. Findings indicate that strong corporate governance practices significantly enhance financial management, promoting transparency, accountability, and strategic decision-making. Recommendations include strengthening governance frameworks and promoting best practices to enhance financial management efficiency and corporate performance.
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