MEETINGS ADMINISTRATION AND CORPORATE SUCCESS OF OIL AND GAS COMPANIES OPERATING IN PORT HARCOURT, RIVERS STATE

Abstract

The purpose of this study was to investigate the relationship between meetings administration and corporate success of oil and gas companies operating in Port Harcourt, Rivers State. A Cross sectional survey design was adopted for the purpose of this study, with a population of eight hundred (800) and Sample size of 266 determined using Taro Yamane formula. Primary data was collated using structured, self-administered questionnaire The reliability of the instrument was achieved by the use of the Cronbach Alpha coefficient with all the items scoring above 0.70. Data generated were analyzed and presented using both descriptive and inferential statistical techniques. The hypotheses were tested using the Pearson Product Moment Correlation Coefficient (PPMCC). The tests were carried out at a 95% confidence interval and a 0.05 level of significance. The findings reveal that there is a significant relationship between motion, meeting duration, quorum of meeting and minutes of meeting on profitability and goal attainment. Based on the findings, the researcher concluded that meetings administration has a great impact on corporate success. Leadership also moderates the relationship between meetings administration and corporate success. We therefore, recommended that managers coming into the organization should plan organizational activities clearly indicating duration of meetings, purpose of meetings and also take cognizance of costs implication of holding such meetings.