ISSN 2167-0439
International Journal of Management and Business Studies ISSN 2167-0439 Vol. 6 (2), pp. 203-208, February, 2016. © International Scholars Journals
Full Length Research Paper
Problems in investigating how corporate governance affect the effective performance of contributory pension schemes in Nigeria
Iziegbefian Donald1* and Onyekachwuku K. David2
1Department of Banking and Finance, School of Management Sciences, Federal Polytechnic Oko, Anambra State, Nigeria.
2Department of Banking and Finance,Ebonyi State University,P.O.Box 053 Abakaliki,Ebonyi State Nigeria.
E-mail: [email protected]
Accepted 24 January, 2016
Abstract
This work examined the effect of corporate governance practices on the performance of pension scheme in Nigeria. The objective of this study is to determine the effect of corporate governance practices on the performance of pension scheme in Nigeria. Theoretical and empirical studies of this work relied on the relationship between corporate governance practices and performance of pension scheme in Nigeria. It is also important to note that the new pension reforms and policy thrusts could have impacted more positively on the system if the issue of systemic crisis had reduced considerably. It was concluded in this study that there is significant positive effect of corporate governance best practices on the performance of pension scheme in Nigeria. As such, it was recommended that all stakeholders and employees should be actively involved in the conduct of good corporate governance practices as this is the only way successes could be achieved in its effect on the performance of pension scheme in Nigeria.
Key words: Pension scheme, corporate governance, Pencom, PFA, RSA, PAYG