The emergence of a ‘new world economy’ makes it imperative for corporate entities to adjust their corporate values, practices and internal processes. This paper explored the interrelatedness of selected corporate governance practices and human resource management outcomes. The paper relied on established corporate management theories as a platform for empirical consideration of selected issues relative to four established players in Nigeria’s downstream petroleum sector. A descriptive method was adopted and data was collected via a survey of 112 respondents. Contextual arguments were captured to achieve a robust appreciation of issues affecting individual participation and operations of corporate entities. The study found that there is a significant relationship between corporate governance practices and human resource management outcomes. Requisite conclusions and recommendations were provided in the light of empirical and theoretical findings.
If the inline PDF is not rendering correctly, you can download the PDF file here.
Anyadike N. O. 2013. Assessment of the implication of full scale deregulation of the downstream oil sector of the Nigerian economy: The neoliberalism approach. Global Journal of Political Science and Administration 1(2) 23-48.
Armstrong M. 2012. Armstrong's handbook of human resource management practice: Kogan Page Limited.
Balouga J. 2012. The political economy of oil subsidy in Nigeria: International Association for Energy Economics.
Brown M. S. Muchin K. and Rosenman Z. 2004. The ratings game: corporate governance ratings and why you should care. Global Corporate Governance Guide 2004. London: Globe White Page.
Budd J. and Scoville J. 2005. The ethics of human resources and industrial relations: Labour and Employment Relations Association.
Burleigh M. 2013. A country so corrupt it will be better to burn our aid money. from www.dailymail.co.uk/dilute/article-2387359/Nigeria-country-corrupt-bettre-burn-aidmoney.html
Ebrahim Z. Inderwildi O. R. and King D. A. 2014. Macroeconomic impacts of oil price volatility: mitigation and resilience. Frontiers in Energy 8(1) 9-24. doi:
Ebrahim, Z., Inderwildi, O. R., and King, D. A., 2014. Macroeconomic impacts of oil price volatility: mitigation and resilience. Frontiers in Energy, 8(1), 9-24. doi: http://dx.doi.org/10.1007/s11708-014-0303-0)| false
Ejiofor A. 2014. Poor corporate governance retards growth of Nigeria’s oil industry. from http://allafrica.com/stories/201412160632.html
Freeman R. E. 1984. Strategic management: A stakeholder theory. Journal of Management Studies 39(1) 1-21.
Companies and Allied Matters Act (2004).
Garratt B. 2003. Thin on top: Why corporate governance matters and how to measure and improve board performance. London: Nicholas Brealey Publishing.
Graeme M. and Gollan P. J. 2012. Corporate governance and strategic HRM in the UK financial services sector: The case of RBS. The International journal of HRM 23(16) 3295-3314.
Heijltjes M. and Witteloostuijn A. V. 2003. Configurations of market environments competitive strategies manufacturing technologies and human resource management policies: A two industry and two country analysis of it. Scandinavian Journal of Management 19(1) 31-62. doi:
Heijltjes, M., and Witteloostuijn, A. V., 2003. Configurations of market environments, competitive strategies, manufacturing technologies and human resource management policies: A two industry and two country analysis of it. Scandinavian Journal of Management, 19(1), 31-62. doi: http://dx.doi.org/10.1016/S0956-5221(01)00039-2)| false
Ite A. E. Ibok U. J. Ite M. U. and Petters S. W. 2013. Petroleum exploration and production: Past and present environment issues in Nigeria's Niger Delta. American Journal of Environmental Protection 1(4) 78-90. doi:
Ite, A. E., Ibok, U. J., Ite, M. U., and Petters, S. W., 2013. Petroleum exploration and production: Past and present environment issues in Nigeria's Niger Delta. American Journal of Environmental Protection, 1(4), 78-90. doi: http://dx.doi.org/10.12691/env-1-4-2)| false
Kondalkar V. G. 2007. Organizational behaviour. New Delhi: New Age International Limited publishers.
Monks R. and Minow N. 2004. Corporate Governance. Boston MA: Blackwell Publishing.
Nerantzidis M. Filos J. and Lazarides T. G. 2012. The puzzle of corporate governance definition(s): A content analysis. Corporate Board: Role Duties & Composition 8(2) 13-23.
Ombo C. H. 2006. Nigeria’s petroleum market segments: Characteristics and financing requirements. Oil and gas financing in Nigeria: Issues challenges and prospects 29-37.
Oyewunmi A. E. Oyewunmi O. A. Ojo I. S. and Oludayo O. A. 2015. Leaders' emotional intelligence and employees' performance: A case in Nigeria's public healthcare sector. International Journal of Human Resource Studies 5(3) 23-37. doi:
Oyewunmi, A. E., Oyewunmi, O. A., Ojo, I. S., and Oludayo, O. A., 2015. Leaders' emotional intelligence and employees' performance: A case in Nigeria's public healthcare sector. International Journal of Human Resource Studies, 5(3), 23-37. doi: http://dx.doi.org/10.5296/ijhrs.v5i3.7854)| false
Oyewunmi O. A. Osibanjo O. A. Falola H. O. and Olusola J. O. 2017. Optimization by Integration: A corporate governance and human resource management dimension. International Review of Management and Marketing 7(1) 265-272.
Psacharopoulos G. and Woodhall M. 1997. Education for development: An analysis of investment choices. Oxford U.S.A.: University Press.
Roethlisberg F. J. and Dickson W. J. 1939. Management and the worker. Cambridge: Harvard University Press.
Sani S. and Hamidu A. S. 2014. Production sharing or joint venturing: What is the optimum petroleum sharing contractual arrangement for the exploitation of Nigerian oil and gas? Journal of Business and Management Sciences 2(2) 34-44.
Sayre-McCord G. 2000. Kant’s grounding for the metaphysics of morals: A very brief selective summary of sections I and II. Chapel Hill: University of North Carolina.
Soremekun K. 2013. Nigeria oil and the Yamani syndrome. Public Lecture Series. Nigeria: Covenant University.
Tamuno S. and Felix J. M. 2006. Crude oil resource: A blessing or curse to Nigeria - The Case of the Niger Delta. JORING 4(2) 53-58.
Ugbomeh B. A. and Atubi A. O. 2010. The role of the oil industry and the Nigerian State in defining the future of the Niger Delta Region of Nigeria. African Research Review 4(2) 103-112. doi:
Ugbomeh, B. A., and Atubi, A. O., 2010. The role of the oil industry and the Nigerian State in defining the future of the Niger Delta Region of Nigeria. African Research Review, 4(2), 103-112. doi: http://dx.doi.org/10.4314/afrrev.v4i2.58294)| false
Unam J. M. Agorzie C. J. and Asaolu T. O. 2012. Local content and technological capacity building of SMEs in the Nigerian oil and gas Industry: Energy technology and infrastructure for development. Paper presented at the 2012 NAEE Conference.
Wright P. M. 2003. Restoring trust: The role of HR in corporate governance. CAHRS Working Paper Series 03-11.