Effects of Corporate Governance on Organisational Performance : A Case Study of ECOVATIVE Solutions.

Abstract

This work investigated the influence of corporate governance on organizational performance. The deterioration in performance of workers at Ecovative Solutions made this study important. The specific objectives of this research were determine the effect of corporate governance on organizational commitment.To find out the influence communication between top management and subordinates on productivity.To ascertain the impact of employee involvement in board on market share.To achieve this objectives a survey research design was employed and complemented by secondary research design. The techniques adopted in analyzing the data were regression analysis. The result indicated that corporate governance has significant effect on organizational commitment (R = 0.324, R2 = 0.105 and a Pvalue of 0.000) It was found that effective communication between top management and subordinates had no significant effect on increase in productivity of Ecovative solutions (R = 0.040, R2 = 0.002 and a p-value of 0.505). It was also revealed that employee involvement in board meeting has significant relationship on increase in market share. to a large extent in board meeting of the organization (R = 0.259, R2 = 0.067 and a p-value of 0.000). It was concluded that corporate governance has significance effect on organizational performance. It was recommended that management of Ecovative Solutions should look deep into their corporate governance practices and restructure how to implement it to ensure continuous improved organizational performance.