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Optimization by Integration: A Corporate Governance and Human Resource Management Dimension

Author

Listed:
  • Olabode Adeleke Oyewunmi

    (Covenant University, Ogun State, Nigeria)

  • Omotayo Adewale Osibanjo

    (Covenant University, Ogun State, Nigeria)

  • Hezekiah Oluwabusayo Falola

    (Covenant University, Ogun State, Nigeria)

  • Olusola Joshua Olujobi

    (Department of Business Management, Covenant University, Ogun State, Nigeria.)

Abstract

Contemporary business entities that are keen to achieve measurable growth can no longer rely on inflexible corporate management frameworks for running their affairs. This viewpoint is adduced in the light of the emergence and re-emergence of unpredictable and likewise complex operating contexts. Notwithstanding the connected legal, financial, economic and social issues; business concerns must devise innovative ways to sustain holistic performance levels. Moreover, corporate and regulatory interests must collaborate to effectively mitigate corporate failures attributable to various business concerns. In furtherance of the debate on the nexus between corporate governance and human resource management, this paper presented a conceptual model that aggregates specific aspects of business processes that synergizes both concepts. Practical perspectives on the interrelatedness between corporate governance and human resource management provide a veritable basis to explore the theme of this paper. The paper opined that an appropriate balance must be achieved with regards to identifiable and fundamental aspects of the corporate structure and process. It was recommended that a diverse model of corporate integration enhances the functionalities of the corporate entity; facilitates optimization processes, thereby contributing to long term sustainability and growth.The central role of human actors in the governance of business entities is also duly emphasized, as this viewpoint underlies the essence of integrating the two concepts in general and specific terms.

Suggested Citation

  • Olabode Adeleke Oyewunmi & Omotayo Adewale Osibanjo & Hezekiah Oluwabusayo Falola & Olusola Joshua Olujobi, 2017. "Optimization by Integration: A Corporate Governance and Human Resource Management Dimension," International Review of Management and Marketing, Econjournals, vol. 7(1), pages 265-272.
  • Handle: RePEc:eco:journ3:2017-01-36
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    References listed on IDEAS

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    Cited by:

    1. A. A. Gorsky, 2023. "Adaptation of corporate management and human resource management in non–profit organizations," Entrepreneur’s Guide, JSC “Publishing Agency “Science and Educationâ€, vol. 16(3).
    2. Olabode A. OYEWUNMI & Kenneth S. ADEYEMI & Olaleke O. OGUNNAIKE, 2017. "Corporate Governance And Human Resource Management In Nigeria’S Downstream Petroleum Sector," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 64(2), pages 139-153, June.
    3. Daniel E. Ufua & Olusola J. Olujobi & Mercy E. Ogbari & Joseph A. Dada & Oluwatosin D. Edafe, 2020. "Operations of small and medium enterprises and the legal system in Nigeria," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-7, December.
    4. Sahel Shahanipour & Atefeh Amindoust & Kiana Sahraian & Shahin Beiranvand, 2020. "Identification and prioritization of human resource strategies with employees’ creativity approach in administrative organizations using SWOT–ANP," OPSEARCH, Springer;Operational Research Society of India, vol. 57(1), pages 119-143, March.

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    More about this item

    Keywords

    Corporate Governance; Human Resource Management; Corporate Strategy;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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