Good corporate governance practices for business sustainability (Case study of selected MSMEs)

This research study is an attempt at exploring the practice of good corporate governance among Micro, Small and Medium Enterprises and how it impacts on business sustainability. The factors or variables considered within the context of this study were stakeholder relationship, transparency and accountability in management, and the level of awareness of corporate governance. The study reviewed various sources including mostly online journal papers, articles, textbooks, white paper publications and other relevant materials. Based on this, the study discovered that corporate governance has contributes significantly in ensuring accountability and transparency in order to improve performances of an enterprise as well as facilitates business sustainability to the extent of achieving their social responsibilities.

The findings of this study shows that good corporate governance practice has contributed significantly in ensuring accountability and transparency by improving the sustainability and performances of small businesses.

Good corporate governance practice has also shown to facilitate stakeholder relationship within the enterprise.

Good corporate governance helps protect the firm against financial fraud and also ensures against corruption and looting of the assets of enterprises.

Corporate governance practice necessitates the enterprises toward carrying out the goals and objectives as well as their social responsibilities of an enterprise.

Corporate governance practice among MSMEs has also shown by this study to contribute in ensuring efficiency in operations and performance in organizations, thereby leading to business sustainability. 

Table of Content

CHAPTER ONE

INTRODUCTION

1.1       Background of the Study

1.2       Statement of the Problem

1.3       Research Questions

1.4       Objectives of the Study

1.5       Statement of Hypothesis

1.6       Significance of the Study

1.7       Scope of the Study

1.8       Definition of Operational Terms of the Study

CHAPTER TWO

LITERATURE REVIEW

2.1       Introduction

2.2       The Concept of SME and its Management

2.2.1    SME Management for Efficiency and Effectiveness

2.3       Corporate Governance Framework for SMEs

2.4      Financial Performance of SMEs and Corporate Governance Practices

2.5       Benefits of Corporate Governance to MSMEs

2.6       Basic Principles of Corporate Governance and the OECD

2.7       Empirical Review of Literature

2.8       Theoretical Review of Related Literature

CHAPTER THREE

RESEARCH METHODOLOGY 

3.0       Introduction

3.1       Research Design

3.2       Population of the Study

3.3       Sampling Technique

3.4       Method of Data Collection

3.5       Method of Data Analysis

3.6       Research Model

3.7       Sources of Data Collection

3.8       Validity of Research Method

3.9       Limitations of the Study

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.0     Introduction

4.1    Data Presentation

4.2       Data Analysis

4.3       Test of Hypotheses

CHAPTER FIVE

Summary of Findings, Conclusions and Recommendations

5.0       Introduction

5.1       Summary of Findings

5.2       Conclusions

5.3       Recommendations

Bibliography