A Study on the Impact of Governance Structures on the Financial Stability of Indigenous Nigerian Airlines: A Case of Air Peace in Abuja
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
The aviation industry in Nigeria is characterized by significant challenges, including high operating costs, regulatory pressures, and financial instability. Indigenous airlines, such as Air Peace, play a vital role in connecting regions and driving economic growth, yet they often struggle with financial sustainability due to poor governance structures (Adefemi & Ugochukwu, 2024).
Governance structures encompass the frameworks, policies, and processes that guide corporate decision-making and resource allocation. Effective governance enhances transparency, accountability, and operational efficiency, all of which are critical for financial stability (Bello & Ojo, 2023). This study investigates the impact of governance structures on the financial stability of Air Peace, providing actionable recommendations for strengthening governance in Nigerian airlines.
Statement of the Problem
Financial instability remains a persistent issue for indigenous Nigerian airlines, often attributed to weak governance structures, inadequate financial controls, and mismanagement (Ibrahim & Danjuma, 2023). Air Peace, despite its success in expanding domestic and international routes, faces challenges in maintaining long-term financial stability.
While previous studies have explored operational efficiency and regulatory compliance in the aviation sector, limited research has examined the role of governance structures in financial stability. This study seeks to address this gap by evaluating how governance practices influence financial outcomes in Air Peace.
Objectives of the Study
-
To examine the relationship between governance structures and financial stability in Air Peace.
-
To identify governance practices that enhance financial sustainability in Nigerian airlines.
-
To propose strategies for improving governance structures to strengthen financial stability.
Research Questions
-
How do governance structures influence financial stability in Air Peace?
-
What governance practices enhance financial sustainability in Nigerian airlines?
-
What strategies can improve governance structures to strengthen financial stability?
Research Hypotheses
-
Governance structures do not significantly influence financial stability in Air Peace.
-
Governance practices do not significantly enhance financial sustainability in Nigerian airlines.
-
Strategies to improve governance structures do not significantly strengthen financial stability.
Scope and Limitations of the Study
This study focuses on Air Peace’s operations in Abuja, analyzing governance structures and financial stability from 2015 to 2025. Limitations include restricted access to financial records and the study’s focus on a single airline, which may not fully reflect industry-wide dynamics.
Definitions of Terms
-
Governance Structures: The frameworks and processes used to direct and manage an organization.
-
Financial Stability: The ability of an organization to sustain operations and meet financial obligations over time.
-
Indigenous Airlines: Locally owned and operated airline companies within Nigeria.
Related Project Materials
The Impact of Managerial Accounting on Tax Planning in Nigerian Firms: A Case Study of Dangote Cement Plc
Background of the Study
Tax planning is an essential aspect of corporate financial management, allowing...
An Assessment of Regulatory Framework Updates on Banking Compliance: A Case Study of First Bank of Nigeria
Background of the Study
Regulatory frameworks govern the operations of banks, ensuring transparency, accountability, and risk mitigation....
An Investigation of Barriers to Adherence to Medication Among Patients with Meniere’s Disease in Kaduna State Hospitals
Background of the Study
Meniere's disease is a chronic condition affecting the inner ear, charact...
AN ASSESSMENT OF THE OBJECTIVES OF ISLAMIC LAW (MAQASID AL-SHARI’AH) IN THE PRESERVATION OF THE FIVE ESSENTIAL VALUES (NECESSITIES) (MAQASID AL-SHARI’AH)
ABSTRACT
It is undisputable fact that nowadays, the Muslim world in particular has realized the dire need to write, translate and produce...
The Role of Financial Planning in Improving the Quality of Education in Bauchi State
Background of the Study
Financial planning is a critical aspect of educational management, provid...
An evaluation of antiretroviral therapy adherence among HIV patients in Niger State
Background of the Study
Antiretroviral therapy (ART) is the cornerstone of HIV treatment, significantly improving the quali...
An Assessment of Regulatory Compliance Improvements on Strengthening Bank Governance in Nigeria: A Case Study of First Bank of Nigeria
Background of the Study
Effective regulatory compliance is fundamental to sound bank governance. First Bank of Nigeria has...
The effect of regulatory policy enforcement on bank governance standards in Nigeria: a case study of First Bank of Nigeria
Background of the Study
Regulatory policy enforcement is critical for maintaining robust bank governance standards, ensuring that financi...
THE CONTRIBUTION OF FINANCIAL INSTITUTION IN THE DEVELOPMENT OF NIGERIA ECONOMY
BACKGROUND OF THE STUDY
Having chosen this topic to write on, my objectives is to find out the roles played by our fina...
ASSESSING THE IMPACT OF EARLY CHILDHOOD EDUCATION ON REFUGEE INTEGRATION
ABSTRACT: This study assessed the Impact of Early Childhood Education on Refugee Integration. The objectives...
