CORPORATE GOVERNANCE AND ITS IMPACT ON THE MANAGEMENT OF MTN MOBILE COMMUNICATION NIGERIA LTD. KADUNA MAIN BRANCH
ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW,
PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE
COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
CORPORATE GOVERNANCE
AND ITS IMPACT ON THE MANAGEMENT OF MTN MOBILE COMMUNICATION NIGERIA LTD.
KADUNA MAIN BRANCH
CHAPTER ONE
INTRODUCTION
1.1 Background of
the Study
Corporate Governance is a number of process, customers,
policies, laws and institutions which impacts on the way a company is
controlled. An important theme of corporate governance is the nature and extent
of accountability of people in the business and mechanisms that try to decrease
the principal agent problem (Wikipedia, 2011).
Corporate Governance also includes the relationships among
the many stakeholders involved and the goals for which the corporation is
governed. In contemporary business corporations, the main external stakeholder
groups are shareholders, debt holders, trade creditors, suppliers, customer and
communities affected by the corporation’s activities. Informal stakeholders are
the board of directors, executives and other employees. It guarantees that an
enterprise is directed and controlled in a responsible, professional, and
transparent manner with the purpose of safeguarding its long-tem success it is
intended to increase the confidence of shareholders and capital market
investors.
The World Bank (2009) states that corporate governance
comprises two mechanisms, internal and external corporate governance. Internal
corporate governance, giving priority to shareholder’s interest, operated on
the board of directors to monitor top management. On the other hand, external
corporate governance monitors and controls manager’s behaviors by means of
external regulations and force, in which many parties, such as suppliers,
debtors (stakeholders), accountants, lawyers, and providers of credit and
investment bank.
In the past, so many corporate organizations have been caught
of getting involved in unethical practices, for example the discovery of
financial scam by the Central Bank of Nigeria after the consolidation exercise,
involving seven top bank executives in Nigeria, which puts the credibility of
their corporate image under suspicion, which further shocking investors
confidence. Consequently, corporate governance mechanism has been a crucial
issue discussed again.
It is against this background that the researcher see the
subject matter; corporate governance and its impact on the management of MTN
Mobile Communication Limited, Kaduna main branch as an issue worthy of being
investigated.
1.2 Statement of
Problem
In the past, so many organizations in Nigeria have been
involved in unethical practices, which puts the credibility of their corporate
image doubt. As such MTN Mobile Communications just like other
telecommunication company have been constraint with issues arising form
customer’s complaint of high tariffs, exploitations of workers by using
contract staff as against direct engagement of workers that would be
remunerated according to their condition of service. Previous researches into
the subject has brought to light the poor governance of so many companies with
indebted accounts in Nigeria economy. Their accounting systems did not reflect
the companies financial status. A typical example is the financial scam of
Oceanic and Intercontinental Bank after the consolidation. Most management of
such outfits were not accountable to stakeholders of the companies. Besides,
the counts and the regulatory agencies were short of authority, corruption and
kickbacks were part of the system in the companies. The poor governance
practices led to the collapse of so many companies in Nigeria. Hence the need
to study corporate governance and its impact on the management of MTN Mobile
Communication Kaduna main branch.
1.3 Objective of
the Study
The main objective of the study is to examine the corporate
governance and its impact on the management of MTN Mobile Communication. The
specific objectives are:
i) To
examine the effect of corporate governance on the performance of MTN.
ii) To examine
the internal and external corporate governance control mechanism in MTN.
iii) To identify
the systemic problems of corporate governance in MTN.
iv) To proffer
workable solutions to the identified problem of corporate governance in MTN.
1.4 Significance
of the Study
The study will be significant to MTN Mobile Communication
especially as they utilize the findings of this research in enhancing policy
governance in their organization. The study will also add to the existing
knowledge on the subject matter and will also be a reference material for
further research on corporate governance.
1.5 Research
Questions
The central research question is: What is the impact of
corporate governance on the management of MTN Mobile Communication? The
specific questions are:
i) How does corporate governance affect
the performance of MTN?
ii) What are
the internal and external corporate governance control mechanism in place in
MTN?
iii) What are
the systemic problems militating against corporate governance in MTN?
iv) What are
the solutions to such problems?
1.6 Scope of the
Study
The study covers the examination of the impact of corporate
governance on MTN Mobile Communication. The collection of empirical data is
limited to MTN Mobile Communication Kaduna main office. The study covers a time
from 2006 – 2011.
1.7 Definition of
Terms
Corporate Governance: This is relationship that exists
between the different participants, and defining the direction of the firm.
Corporation: This refers to corporate entity or a body by
means of which capital is acquired, used for investing in assets producing
goods and services.
Shareholders: People who have invested in a company through
subscribing to the company’s stock.
Board Structure: Management at the top comprising of board of
directors.
Ownership Structure: Shareholders and directors.
CEO: Acronym for Chief Executive Officer.
HOW TO GET
THE FULL PROJECT WORK
PLEASE,
print the following instructions and information if you will like to order/buy
our complete written material(s).
HOW TO
RECEIVE PROJECT MATERIAL(S)
After
paying the appropriate amount (#5000) into our bank Account below, send the
following information to
08068231953
or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK
ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO
IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are
good online businesses in Nigeria.
But on
this site, we have provided “table of content and chapter one” of all our
project topics and materials in order to convince you that we have the complete
materials.
Secondly, we have provided our Bank Account on this site. Our
Bank Account contains all information about the owner of this website. For your
own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment,
because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website
WORD-TO-WORD. These materials are to assist, direct you during your
project. Study the materials carefully and use the information in them to
develop your own new copy. Copying these materials word-to-word is CHEATING/
ILLEGAL because it affects Educational standard, and we will not be held
responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy
word-to-word.
FOR MORE
INFORMATION, CALL:
08068231953
or 08168759420
AFFILIATE
LINKS:
Comments
Post a Comment