Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation

Corporate performance is now widely recognized as the cause of organizational failure. Both academia and practitioners claim that corporate performance is under researched. One of the corporate performance challenges facing NNPC is red tape, which imposes additional costs to the corporate. The ai...

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Main Author: Ugochukwu, Osuagwu Justine
Format: Thesis
Language:English
Published: 2019
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/84569/
http://psasir.upm.edu.my/id/eprint/84569/1/GSM%202019%2028%20IR.pdf
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author Ugochukwu, Osuagwu Justine
author_facet Ugochukwu, Osuagwu Justine
author_sort Ugochukwu, Osuagwu Justine
building UPM Institutional Repository
collection Online Access
description Corporate performance is now widely recognized as the cause of organizational failure. Both academia and practitioners claim that corporate performance is under researched. One of the corporate performance challenges facing NNPC is red tape, which imposes additional costs to the corporate. The aim of the study to examine the basic corporate performance challenges hindering NNPC in its attainment of organizational goals. This study addresses the issue on corporate performance by proposing mediators for transformational leadership; institutional quality and political competition; as possible factors that may affect corporate performance. This study then examines interrelationships between transformational leadership, institutional quality and political competition on corporate performance. This is a quantitative study. Three hundred and seventy questionnaires were distributed to employees of NNPC holding leadership position and 261 completed questionnaires were returned. The data was analyzed using regression model and Partial Least Squares Structural Equation Modeling Techniques (PLS-SEM), and Smart PLS version 3.0 was the software used to run the analysis. The study revealed that transformational leadership style directly influences corporate performance significantly, while institutional quality and political competition did not mediate the relationship between transformational leadership and corporate performance. However, institutional quality and political competition have direct positive and negative effect on corporate performance. In this study, there was no direct relationship between transformational leadership and institution quality as well as political competition but transformational leadership, institution quality and political competition have significant effect on corporate performance independently. The study found that the adoption of transformational leadership style and favorable political competitiveness are strategies of improving NNPC performance while institutional quality should be implemented if desirable performance of NNPC is expected in Nigeria.
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spelling upm-845692021-02-18T13:11:12Z http://psasir.upm.edu.my/id/eprint/84569/ Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation Ugochukwu, Osuagwu Justine Corporate performance is now widely recognized as the cause of organizational failure. Both academia and practitioners claim that corporate performance is under researched. One of the corporate performance challenges facing NNPC is red tape, which imposes additional costs to the corporate. The aim of the study to examine the basic corporate performance challenges hindering NNPC in its attainment of organizational goals. This study addresses the issue on corporate performance by proposing mediators for transformational leadership; institutional quality and political competition; as possible factors that may affect corporate performance. This study then examines interrelationships between transformational leadership, institutional quality and political competition on corporate performance. This is a quantitative study. Three hundred and seventy questionnaires were distributed to employees of NNPC holding leadership position and 261 completed questionnaires were returned. The data was analyzed using regression model and Partial Least Squares Structural Equation Modeling Techniques (PLS-SEM), and Smart PLS version 3.0 was the software used to run the analysis. The study revealed that transformational leadership style directly influences corporate performance significantly, while institutional quality and political competition did not mediate the relationship between transformational leadership and corporate performance. However, institutional quality and political competition have direct positive and negative effect on corporate performance. In this study, there was no direct relationship between transformational leadership and institution quality as well as political competition but transformational leadership, institution quality and political competition have significant effect on corporate performance independently. The study found that the adoption of transformational leadership style and favorable political competitiveness are strategies of improving NNPC performance while institutional quality should be implemented if desirable performance of NNPC is expected in Nigeria. 2019-04 Thesis NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/84569/1/GSM%202019%2028%20IR.pdf Ugochukwu, Osuagwu Justine (2019) Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation. Masters thesis, Universiti Putra Malaysia. Industrial management - Nigeria Transformational leadership
spellingShingle Industrial management - Nigeria
Transformational leadership
Ugochukwu, Osuagwu Justine
Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title_full Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title_fullStr Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title_full_unstemmed Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title_short Effect of transformational leadership, institutional quality and political competition on corporate performance of Nigeria National Petroleum Corporation
title_sort effect of transformational leadership, institutional quality and political competition on corporate performance of nigeria national petroleum corporation
topic Industrial management - Nigeria
Transformational leadership
url http://psasir.upm.edu.my/id/eprint/84569/
http://psasir.upm.edu.my/id/eprint/84569/1/GSM%202019%2028%20IR.pdf