IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v9y2025issue-14p886-909.html
   My bibliography  Save this article

Effect of Stakeholders Collaboration on Corporate Governance in Nigerian Tertiary Institutions (A Study of University of Cross River State (UNICROSS))

Author

Listed:
  • Dr. Cassiuss A. Ogar

    (Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2)

  • Utibe Edet Bassey

    (Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2)

  • Dr. Charles Ojiji

    (Department of Business Administration/ Entrepreneurship Studies Faculty of Management Sciences University of Cross River State (UNICROSS)1&2)

Abstract

With the advancement of multinational enterprises globally and Nigeria in particular, and with the multifaced drivers as factors for consideration, the need for stakeholders’ inclusivity in operational decisions has become a necessity, it is in view of this that this paper seek to x-ray the effect of Corporate Governance on Stakeholders collaboration in Multinational Enterprises in Sub-Saharan Africa with an empirical perspective on University of Cross River State (UNICROSS). The key objective of the study w as to examine the effect of stakeholders’ collaboration on corporate governance structure of tertiary institutions in Nigeria. One of the hypotheses of the study assumed that there is no significant effect of stakeholders’ collaboration on corporate governance structure of tertiary institutions in Nigeria. The population of the study covers 464 senior and junior staff of University of Cross River State (UNICROSS), through the application of Taro Yamane formula, the sample size of the study is 215 respondents. The study deployed Linear Regression analysis technique in analyzing the sourced primary data through Statistical Tool for Social Sciences (SPSS) version 25. The findings revealed that there is a significant positive effect of stakeholders’ collaboration on corporate governance structure of multinational enterprises. The implication of this study is that, it helps to creates a corporate culture on the need for stakeholders’ consultation in policy formulation and implementation in corporate organizations.

Suggested Citation

  • Dr. Cassiuss A. Ogar & Utibe Edet Bassey & Dr. Charles Ojiji, 2025. "Effect of Stakeholders Collaboration on Corporate Governance in Nigerian Tertiary Institutions (A Study of University of Cross River State (UNICROSS))," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(14), pages 886-909, April.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-14:p:886-909
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-9-issue-14/886-909.pdf
    Download Restriction: no
    File URL: https://rsisinternational.org/journals/ijriss/articles/effect-of-stakeholders-collaboration-on-corporate-governance-in-nigerian-tertiary-institutions-a-study-of-university-of-cross-river-state-unicross/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Michelle Greenwood, 2007. "Stakeholder Engagement: Beyond the Myth of Corporate Responsibility," Journal of Business Ethics, Springer, vol. 74(4), pages 315-327, September.
    2. Bart Manning & Geert Braam & Daniel Reimsbach, 2019. "Corporate governance and sustainable business conduct—Effects of board monitoring effectiveness and stakeholder engagement on corporate sustainability performance and disclosure choices," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(2), pages 351-366, March.
    3. Ayu Aryista Dewi & Erwin Saraswati & Aulia Fuad Rahman & Sari Atmini, 2023. "Materiality, stakeholder engagement disclosure, and corporate governance: Critical elements for the quality of sustainability reporting," Cogent Business & Management, Taylor & Francis Journals, vol. 10(1), pages 2175437-217, December.
    4. Renata Konadu & Gabriel Sam Ahinful & Samuel Owusu-Agyei, 2021. "Corporate governance pillars and business sustainability: does stakeholder engagement matter?," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 18(3), pages 269-289, September.
    5. Clement, Ronald W., 2005. "The lessons from stakeholder theory for U.S. business leaders," Business Horizons, Elsevier, vol. 48(3), pages 255-264.
    6. Adegbite, Emmanuel, 2015. "Good corporate governance in Nigeria: Antecedents, propositions and peculiarities," International Business Review, Elsevier, vol. 24(2), pages 319-330.
    7. Duncan McLaren, 2004. "Global Stakeholders: corporate accountability and investor engagement," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(2), pages 191-201, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Assunta Di Vaio & Luisa Varriale & Angelo Di Gregorio & Samuel Adomako, 2022. "Corporate social performance and non‐financial reporting in the cruise industry: Paving the way towards UN Agenda 2030," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(6), pages 1931-1953, November.
    2. Issam MF SALTAJI, 2018. "The Social Responsibility And Corporate Governance," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 49(1), pages 28-34, March.
    3. Gordon Liu & Catherine Liston-Heyes & Wai-Wai Ko, 2010. "Employee Participation in Cause-Related Marketing Strategies: A Study of Management Perceptions from British Consumer Service Industries," Journal of Business Ethics, Springer, vol. 92(2), pages 195-210, March.
    4. Lei Zhou & Feng Wei & Yu Kong, 2022. "Do Employee Stock Ownership Plans Affect Corporate Social Responsibility? Evidence from China," IJERPH, MDPI, vol. 19(3), pages 1-19, January.
    5. Rafael Alcadipani & Cíntia Rodrigues Oliveira Medeiros, 2020. "When Corporations Cause Harm: A Critical View of Corporate Social Irresponsibility and Corporate Crimes," Journal of Business Ethics, Springer, vol. 167(2), pages 285-297, November.
    6. Saidu Musa & Nusirat Ojuolape Gold & Hope Osayantin Aifuwa, 2020. "Board Diversity and Sustainability Reporting: Evidence from Industrial Goods Firms," Business & Management Compass, University of Economics Varna, issue 4, pages 377-398.
    7. Chris Mason & John Simmons, 2014. "Embedding Corporate Social Responsibility in Corporate Governance: A Stakeholder Systems Approach," Journal of Business Ethics, Springer, vol. 119(1), pages 77-86, January.
    8. Watson, Rosina & Wilson, Hugh N. & Macdonald, Emma K., 2020. "Business-nonprofit engagement in sustainability-oriented innovation: What works for whom and why?," Journal of Business Research, Elsevier, vol. 119(C), pages 87-98.
    9. Jun Wan & Yuejia Wang & Yuan Wang, 2025. "Promoting or Hindering: The Impact of ESG Rating Differences on Energy Enterprises’ Green Transformation—A Causal Test from Double Machine-Learning Algorithms," Energies, MDPI, vol. 18(3), pages 1-21, January.
    10. He, Feng & Guo, Xinyao & Yue, Pengpeng, 2024. "Media coverage and corporate ESG performance: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 91(C).
    11. Lu-Ming Tseng, 2019. "How Implicit Ethics Institutionalization Affects Ethical Selling Intention: The Case of Taiwan’s Life Insurance Salespeople," Journal of Business Ethics, Springer, vol. 158(3), pages 727-742, September.
    12. Saenz, Cesar, 2021. "Community partnership and ownership as key factors of community strategies. A Peruvian case study," Resources Policy, Elsevier, vol. 74(C).
    13. Kamalesh Kumar & Giacomo Boesso & Giovanna Michelon, 2016. "How Do Strengths and Weaknesses in Corporate Social Performance Across Different Stakeholder Domains Affect Company Performance?," Business Strategy and the Environment, Wiley Blackwell, vol. 25(4), pages 277-292, May.
    14. Sulaiman Ademola Oreshile & Nurul Shahnaz Mahdzan & Rozaimah Zainudin, 2025. "Enterprise risk management quality and firm value: Evidence from corporate reputation risk theory," Risk Management, Palgrave Macmillan, vol. 27(1), pages 1-31, February.
    15. Ewa Banasik & Meropy Barut & Louise Kloot, 2010. "Socially Responsible Investment: Labour Standards and Environmental, Social and Ethical Disclosures within the SRI Industry," Australian Accounting Review, CPA Australia, vol. 20(4), pages 387-399, December.
    16. Christopher Isike & Alice Ajeh, 2017. "Stakeholder Engagement as a Core Management Function: Analysing the Business Value of Stakeholder Engagement for Nigerian Business Organizations," Journal of Economics and Behavioral Studies, AMH International, vol. 9(1), pages 46-55.
    17. Letizia Lo Presti & Mario Testa & Vittoria Marino & Pierpaolo Singer, 2019. "Engagement in Healthcare Systems: Adopting Digital Tools for a Sustainable Approach," Sustainability, MDPI, vol. 11(1), pages 1-15, January.
    18. Secundo, Giustina & Del Vecchio, Pasquale & Simeone, Luca & Schiuma, Giovanni, 2020. "Creativity and stakeholders' engagement in open innovation: Design for knowledge translation in technology-intensive enterprises," Journal of Business Research, Elsevier, vol. 119(C), pages 272-282.
    19. Salih Börteçine Avci & Adnan Karataş, 2022. "Public Service Motivation’s Mediating Role in the Effect Perceptions of Corporate Social Responsibility and Organizational Justice Have on Organizational Commitment in Higher Education Institutions," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 66(66), pages 29-54, December.
    20. Anita Mendiratta & Shveta Singh & Surendra Singh Yadav & Arvind Mahajan, 2023. "Bibliometric and Topic Modeling Analysis of Corporate Social Irresponsibility," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 319-339, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:9:y:2025:issue-14:p:886-909. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.