Corporate Governance and Human Resource Management in Nigeria's Downstream Petroleum Sector

Corporate Governance and Human Resource Management in Nigeria's Downstream Petroleum Sector PDF Author: Olabode Oyewunmi
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

Get Book Here

Book Description
The emergence of a 'new world economy' makes it imperative for corporate entities to adjust their corporate values, practices and internal processes. This paper explored the interrelatedness of selected corporate governance practices and human resource management outcomes. The paper relied on established corporate management theories as a platform for empirical consideration of selected issues relative to four established players in Nigeria's downstream petroleum sector. A descriptive method was adopted and data was collected via a survey of 112 respondents. Contextual arguments were captured to achieve a robust appreciation of issues affecting individual participation and operations of corporate entities. The study found that there is a significant relationship between corporate governance practices and human resource management outcomes. Requisite conclusions and recommendations were provided in the light of empirical and theoretical findings.

Corporate Governance and Human Resource Management in Nigeria's Downstream Petroleum Sector

Corporate Governance and Human Resource Management in Nigeria's Downstream Petroleum Sector PDF Author: Olabode Oyewunmi
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

Get Book Here

Book Description
The emergence of a 'new world economy' makes it imperative for corporate entities to adjust their corporate values, practices and internal processes. This paper explored the interrelatedness of selected corporate governance practices and human resource management outcomes. The paper relied on established corporate management theories as a platform for empirical consideration of selected issues relative to four established players in Nigeria's downstream petroleum sector. A descriptive method was adopted and data was collected via a survey of 112 respondents. Contextual arguments were captured to achieve a robust appreciation of issues affecting individual participation and operations of corporate entities. The study found that there is a significant relationship between corporate governance practices and human resource management outcomes. Requisite conclusions and recommendations were provided in the light of empirical and theoretical findings.

A Critical Realist Approach to Understanding the Human Resource Management Practices-organizational Financial Performance Link

A Critical Realist Approach to Understanding the Human Resource Management Practices-organizational Financial Performance Link PDF Author: Ukpai Iro Ukpai
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description


The Price of Oil

The Price of Oil PDF Author: Bronwen Manby
Publisher: Human Rights Watch
ISBN: 9781564322258
Category : Political Science
Languages : en
Pages : 230

Get Book Here

Book Description
Attempts to Import Weapons

Human Resource Management Issues in Developing Country Public Enterprises (petroleum/chemical Sectors)

Human Resource Management Issues in Developing Country Public Enterprises (petroleum/chemical Sectors) PDF Author: D. G. M. Cheshire
Publisher:
ISBN: 9789221087359
Category : Petroleum industry and trade
Languages : en
Pages : 33

Get Book Here

Book Description


The Potentials of ADR for Corporate Remediation in the Midstream and Downstream Petroleum Sector of Nigeria

The Potentials of ADR for Corporate Remediation in the Midstream and Downstream Petroleum Sector of Nigeria PDF Author: Okwudili Onyenwee Onwurah
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
The exploration of carbon-based petroleum resources seems to be a curse to the Niger Delta inhabitants of Nigeria, given the negative impacts of multinational oil companies' operations on the Niger Delta ecological space. It is no longer new knowledge how harmful environmental activities affect human rights and the climatic systems. There is no other part of the world where multinational companies are directly linked or contribute to enormous ecological shocks than in the Niger Delta region of Nigeria owing to poor regulatory and institutional frameworks that drive the political will in engaging the corporate power and engender corporate responsibility.By implication, the indigenous peoples of the Niger Delta are left with fewer options in seeking access to remedy and justice within municipal law and in extraterritorial contexts resulting in the fate of notable cases like Gbemre, Okpabi, Jalla, Agbara, and Bodo Community. One observable trait across these cases is the limitation of contentious litigation as a mechanism for enforcing ecological and human rights justice, given some of the typical challenges adjudicatory mechanisms face in a jurisdiction like Nigeria.Considering the above reality, the Nigerian Petroleum Industry Act (PIA) was enacted in 2021 to overhaul the sector. The PIA established two regulatory agencies- the Nigerian Midstream and Downstream Petroleum Regulatory Authority (the Authority) and the Nigerian Upstream Petroleum Regulatory Commission (the Commission), which are saddled with the mandate to make regulations on specific issues within their scope. One such Regulations made by the Authority is the Midstream and Downstream Petroleum Alternative Dispute Resolution Regulations in 2023 under its powers in Sections 33(t), 120 (j), 163 and 179(2) of the PIA. The main aim of the Regulations is to establish the Midstream and Downstream Petroleum Alternative Dispute Resolution Centre as a non-judicial grievance mechanism and provide the procedures for timely and cost-efficient dispute resolution in the sector. Therefore, the crux of this piece is to review and analyze the Regulations and examine whether it has the potential to provide the needed forum for dispute resolution and the quest for justice. The extent such Regulations will facilitate the engagement of the responsibility of the multinational oil companies operating in Nigeria in the light of their obligations under the United Nations Guiding Principles on Business and Human Rights (UNGPs) to facilitate and provide remediation where they contribute or directly linked to human rights violations which in most cases are induced by environmental harms and climate change impacts will also be a subject of discussion and analysis in this piece.

Emerging Trends in Human Resources Management and the Savvy Supervisors in the Nigerian Oil and Gas Industry

Emerging Trends in Human Resources Management and the Savvy Supervisors in the Nigerian Oil and Gas Industry PDF Author: Lucky Edjenekpo
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper attempts to spotlight human resource management as a fundamental part of the role of any supervisor. In this paper, the human resource manager refers to the supervisor of three or more reports in a business unit not minding the existence of the human resource department in the organization. This view is in line with the emerging trend in the human resources management arena. Thus every attempt is made towards a brief presentation of the various aspects of human resource management, the emerging trends confronting the human resource management practitioner and the features of the emerging human resource management concept with particular reference to the savvy supervisor in the Nigerian oil and gas business environment. Human resource managers are relinquishing responsibilities hitherto domiciled in the confines of the human resources department, by tradition, and pushing them down the line to employees' direct supervisors. The advantage, many believe, is the likelihood of a better engaged employee pool in the organization. The extent and willingness of human resource practitioners to respond to this paradigm shift is yet to be fully seen in the Nigerian oil and gas industry. The writer presents suggestions for supervisors to consider in improving their human resource management skills and how to leverage the support that is required from the human resource department in implementing the culture change.

National Oil Companies and Value Creation

National Oil Companies and Value Creation PDF Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 0821388312
Category : Business & Economics
Languages : en
Pages : 149

Get Book Here

Book Description
National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability PDF Author: Beate Sjåfjell
Publisher: Cambridge University Press
ISBN: 9781108473293
Category : Law
Languages : en
Pages : 758

Get Book Here

Book Description
The emerging field of corporate law, corporate governance and sustainability is one of the most dynamic and significant areas of law and policy in light of the convergence of environmental, social and economic crises that we face as a global society. Understanding the impact of the corporation on society and realizing its potential for contributing to sustainability is vital for the future of humanity. This Handbook comprehensively assesses the state-of-the-art in this field through in-depth discussion of sustainability-related problems, numerous case studies on regulatory responses implemented by jurisdictions around the world, and analyses of predominant strategies and potential drivers of change. This Handbook will be an essential reference for scholars, students, practitioners, policymakers, and general readers interested in how corporate law and governance have exacerbated global society's most pressing challenges, and how reforms to these fields can help us resolve those challenges and achieve sustainability.

The Political Economy of Oil and Gas in Africa

The Political Economy of Oil and Gas in Africa PDF Author: Soala Ariweriokuma
Publisher: Routledge
ISBN: 113403959X
Category : Business & Economics
Languages : en
Pages : 385

Get Book Here

Book Description
This book provides a thoroughly researched guide to the Nigerian Oil and Gas Industry, providing students, potential investors, academics and policy makers the opportunity to get acquainted with various dimensions of the oil and gas industry.

The Recurrent Crisis in Corporate Governance

The Recurrent Crisis in Corporate Governance PDF Author: Paul W. MacAvoy
Publisher: Stanford University Press
ISBN: 9780804750868
Category : Business & Economics
Languages : en
Pages : 196

Get Book Here

Book Description
Taking a close look at American corporate governance, the authors show what is missing in today's corporate governance, and support a case for activating the board of directors to put new controls on management and take responsibility for the result.