An Examination of Governance Typology in Nigeria Higher Education System
DOI:
https://doi.org/10.14276/2285-0430.2292Abstract
Nigeria higher education institutions (NHEIs) are facing a number of challenges that border on corporate governance (CG) practices. CG includes the issues of autonomy and accountability. In developed and developing countries, autonomy is being extended to HEIs for flexibility in fulfilling the mandate of teaching, research and community service. This paper explores CG culture and its challenges in NHEIs. A qualitative survey research method was employed through structured interviews of selected NHEIs key stakeholders and extensive desk-based research. The results of the interviews and content analysis of operational documents of selected high ranking NHEIs revealed the adoption of corporate governance structures and processes. The study also recognised the non-existence of disclosure of CG practice. Challenges such as inadequate funding, excessive interference by government, domineering influence of unions, faulty composition of CG constituents and poor leadership are some factors affecting effective governance in these institutions. Consequently, proper funding, leadership training, empowerment of these institutions and complete and periodic disclosure of application of CG practices are recommended.
Key words: Corporate governance; Nigeria higher education institutions; Stakeholders.
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