Legal and Management Strategies: The Synergy for Survival and Growth of Companies in Nigeria

0
356
PDFDB files

ABSTRACT

Economic circumstances like the recession and cut-throat competition in recent years have forced companies to pay closer attention to their corporate policies and strategies for dealing with economic opportunities and remaining one step ahead of the competition. This is true for the highly industrialized economies as it is for less developed countries where multinational, transnational and local companies compete vigorously with one another for market share and a good corporate image by identifying and, in some cases helping to shape public policy for the greater good of the communities in which they operate. This thesis focused on Legal and Management Strategies: The Synergy for Survival and Growth of Companies in Nigeria. It comprises five chapters beginning with a general introduction, research objectives, justification, scope, methodology, literature review, and organizational layout. The thesis explains the nexus between finance and investment by defining finance and investment and highlighting the objectives and significance of finance, investment scenario, investment fora, government policy and provisions investors, sources of finance, government banks and other financial institutions, the general public and company employees. Also, the thesis indicates determinants of company survival, for example, the quality of resources – human resources, material resources, financial resources, the quality of resource management, damage and waste control systems, the quality of time and opportunity management, contingency and emergency management, determinants of company growth, internalization of technology, in-house development of human resources: in-service training, incentives for skill enhancement and creation of credit worthiness. The thesis appraises the survival and growth of three successful companies, such as Unilever Nigeria Plc, Neimeth International Pharmaceutical Plc and GlaxoSmithKline Consumer Nigeria Plc and recommends survival and growth strategies for companies in Nigeria.

References

1. Arnold T.J.R. (1998), Introduction to Materials Management, 3 Prentice-Hall, Inc. Simon & Schuster, Vicom Company Upper Saddle River, New Jersey.

2. Asiwaju, A.I. (1976), Western Yorubaland Under European Rule 1889-1945: A Comparative Analysis of French and British Colonialisation, Longman Group Ltd. London.

3. Bodie, Z. Alex K. and Alan J.M. (1998) Essentials of Investments, 3 McGraw-Hill Irwin, England.

4. Bryan A. G, (2004) Black’s Law Dictionary 8 ed. West Publishing Co. USA

5. Campbell, J.D. (1997), Organization and the Business Environment, Butterworth- Heinemann London.

6. Christensen, C.R., Andrew K.R. and Bower, J.I (1978), Business Policy, R.D. Irwin Inc.Homewood, Illinois.

7. Compton, H.K. (1970) Storehouse and Stockyard Management, Business Books Limited, London.

8. Emiola, A. (2001), Nigerian Company Law first Edition, Emiola, Ogbomoso, Nigeria.

9. Esosa B.O. (1991), Nigerian Corporate Policy and Strategic Management, Text and Cases, 2 Edn. Centre for Management Development, Ikeja Lagos.

10. Frank J.F. (1999) Investment Management, 2 River, New Jersey

Legal and Management Strategies The Synergy for Survival and Growth of Companies in Nigeria