This study aims to assess the impact of corporate governance policies on business performance. Objectives include identifying the key corporate governance policies that influence business performance, evaluating the effectiveness of these policies in different business environments, and examining the correlation between corporate governance and financial performance. The research design is a survey, selected for its ability to gather comprehensive data from a wide sample, allowing for generalizable results. The sample size, determined using Taro Yamane's formula, includes 400 respondents, ensuring a 95% confidence level and a 5% margin of error. The case study focuses on manufacturing companies in Lagos, a hub of business activities. The reliability coefficient score for the survey instrument is 0.85, indicating high internal consistency. Findings suggest that robust corporate governance policies significantly enhance business performance, particularly in areas of financial stability and operational efficiency. The study recommends that companies should continually refine their corporate governance frameworks to align with best practices and evolving market conditions.
Background of the Study
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