INTERNATIONAL JOURNAL OF ACCOUNTING, FINANCE AND TAXATION

CORPORATE GOVERNANCE STRATEGIES AND ETHICAL LEADERSHIP AND TRANSPARENCY PRACTICES IN SELECTED NIGERIAN OIL AND GAS COMPANIES

Adeyanju Olanrewaju, David

September 12, 2025

Citation

INTERNATIONAL JOURNAL OF ACCOUNTING, FINANCE AND TAXATION , Vol. 2 (2) (2025) , pp. 1-23

Details

ISSN: 3027-0378
Published: September 12, 2025
Status: Published

Abstract

This study investigated the impact of corporate governance strategies on the ethical leadership and transparency in selected listed oil and gas companies in Nigeria. Weak corporate governance structure and strategies have led to inefficiencies, a lack of transparency, and accountability gaps, which affect corporate performace and shareholder confidence. A survey research design was employed to achieve the study's goals and objectives. Data was gathered through questionnaire administered to a carefully selected sample population. The study identified 1092 staff members of the selected oil and gas companies and sampled 293 for the purpose of questionnaire administration comprising senior managers, middle-level managers, and first-line managers within these organizations Descriptive statistics and multiple regression analysis were used to evaluate the data obtained. The findings showed anR² value of 0.886, which implies that there is a statistically significant and strong positive impact Of corporate strategies employed by companies on empolyees’ accountability. Also, the study showed that the R² value of 0.913 explained that ethical leadership significantly contributes to maintaining consistent feedback policies. The study recommended that organisations should prioritise developing and maintaining clear, comprehensive corporate governance strategies to boost employees’ capability in setting and achieving goals.  Firms should streamline risk assessment processes to avoid overly rigid or poorly executed practices that may undermine employees’ confidence and capability.

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