Attitude and Money Management by Top Level Corporate Executives in Nigeria

Authors

  • Ozuru, Henry N. Marketing Department, University of Port Harcourt, Choba Author
  • Okemini, Emmanuel B. Sociology Department, University of Port Harcourt, Choba Author
  • Chikwe, J.E. Management Department, University of Port Harcourt, Choba Author

Abstract

There has been a rapid increase in the number of corporate failure as a result of poor attitude of top-level executives and managers. This study reviews the causes and effects of poor attitude to work and poor money management by top level executives in Nigerian Corporations. Lack of corporate executives’ positive attitude to manage money, towards reliable and functioning system of internal control, in co-ordination of operations, to uniformity in the standards of acceptable best practices and the non-enforcement of the various regulatory laws have contributed to the failure of several companies in various sectors of Nigerian economy. It recommends adoption of management philosophy and operating style as well as application of ethics to stem the tide. 

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Published

2009-09-30

Issue

Vol. 1 No. 3 (2009): Sustainable Human Development Review

Section

Articles