CORPORATE GOVERNANCE AND ADMINISTRATION OF FEDERAL UNIVERSITIES IN SOUTH-SOUTH NIGERIA

Abstract

The main purpose of the study was to determine the influence of corporate governance on Administration of federal universities in South-South Nigeria. Specifically, the study determined the influence of human resource management, accountability, risk management and financial management on administration of federal universities in South-South Nigeria. four research questions were answered in the study and four null hypotheses were tested at 0.05 level of significance. A descriptive survey design was adopted for the study. The population of the study comprised all 23,096 staff from federal universities in South-South Nigeria. A questionnaire designed by the researcher was used for data. The questionnaire was validated by three experts, two from the Department of Business Education, Faculty of Vocational Education, Library and Information Science University of Uyo and one from the Department of Psychological Foundations of Education all from University of Uyo, Nigeria. Cronbach's Alpha was used to compute internal consistency reliability. This yielded reliability coefficient values of 0.87. Simple linear regression was used to answer research questions and to test the null hypotheses. The findings of the study revealed that application of human resource management, accountability, risk management and financial management have influence on administration of federal universities in South-South Nigeria and there is significant influence of corporate governance on administration of federal universities in South-South Nigeria. Based on the findings of the study, it is concluded that corporate governance is increasingly influencing administration of federal universities in South-South Nigeria. It was therefore recommended among others that management of federal universities should adopt corporate governance in their system to ensure they have proper administration and competitive advantage over their counterparts.