Corporate Governance and Productivity of Manufacturing Companies
Corporate Governance and Productivity of Manufacturing Companies

Summary/Abstract: The objective of this study is to empirically investigate the relationship between corporate governance and productivity of selected Nigerian manufacturing companies. The study adopted ex-post facto research design. Random sampling was used to select 15 companies out of a total population of 61 manufacturing companies listed on the Nigerian Exchange Group, for a period of 2019 to 2023. Both descriptive and inferential statistical methods were used to provide a comprehensive understanding of the variables under study. The results of the study show that there is a positive relationship found between board composition and productivity. Also, it was found that there is a significant positive relationship between board independence and productivity. While board size was found to have an insignificant relationship with productivity, the study did not find a significant association between board gender diversity and productivity. It was therefore suggested that practitioners and policymakers should enhance governance practices and improve firm productivity by prioritizing diversity and independence in board composition.

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