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Corporate Governance and Organizational Performance of Nigerian Bottling Company Plc, Owerri, Imo State

Ononogbo, Martins. Chibuzor Phd, ., Prosper Faith Ginikachi, Phd, Kelechi, Margraret. Amasiatu Phd, Uchegbulam Ifeanyi Slyvanus

Abstract

This study examined the effect of corporate governance on the organizational performance of Nigerian bottling company plc in Owerri, Imo State, Nigeria. Specifically, it investigated the influence of board composition on productivity, management accountability on profitability, and management transparency on market share. The study adopted a survey research design, using a structured questionnaire administered to a sample of 205 respondents drawn from junior staff, senior staff, and management cadres across the selected breweries. Data were analyzed using descriptive statistics, Pearson correlation, and multiple regression analysis with the Statistical Package for the Social Sciences . The findings revealed that board composition has a significant positive effect on productivity (? = 0.685, p < 0.001), management accountability significantly influences profitability (? = 0.682, p < 0.001), and management transparency has a significant impact on market share (? = 0.711, p < 0.001). Correlation results further confirmed strong positive relationships between governance variables and their corresponding performance measures. The study concludes that effective corporate governance is a strategic driver of operational efficiency, financial performance, and competitive advantage in the brewery sector. It recommends that brewery firms restructure their boards to include diverse and independent members, institutionalize robust accountability mechanisms, and maintain transparent communication with stakeholders to enhance trust and market presence. P-ISSN 2695-186X

Keywords

ProductivityManagement AccountabilityProfitabilityManagement Transparency and Market Share.

References

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