EFFECT OF CORPORATE GOVERNANCE ON BUSINESS GROWTH OF LISTED FIRMS IN CONSUMER GOODS SECTOR IN NIGERIA

📄 Project Abstract

For all businesses across the globe, business growth is becoming more and more significant. Strategically,' generating value' is the ultimate goal of a business. However, a mere maximization of growth will enable the business to achieve its short-term objectives in today's global competitive environment, but not in the long-run target of what they are trying to achieve, i.e. the 'Value Creation' Jung, Ramezani, and Soenen (2010). Empirical shreds of evidence also indicate that the production of value maximizes an organization's business growth rate and decreases sharply once real growth reaches the rate of sustainable growth (Ataunal, 2016). Therefore, recognizing the empirical truth, many businesses have worked hard to achieve sustainable business growth and incorporate it into their long-term strategic plan. The legitimate question of how to achieve business growth remains a fundamental challenge for corporate managers, despite the emerging orientation of corporate growth. One of the...