Abstract:
The study examined the effect of corporate governance on business growth of listed firms in consumer goods sector in Nigeria between 2014 and 2018. Secondary data from the Nigerian Stock Exchange Fact Book was used in this study to enhance better result. Panel data methodology was used to obtain sufficient data required for Multiple Regression Analysis. findings from this analysis revealed that board independence has no significant effect on business growth of consumer goods sector in Nigeria with a significance level of 0.717 (p>0.05),board expertise has no significant effect on business growth of consumer goods in Nigeria with a significance level of 0.900 (p>0.05), board gender is negative and does not significantly affect the performance of an organization, board meetings have no significant effect on business growth of consumer goods in Nigeria with a significance level of 0.900 (p>0.05).This study further recommends that consideration of other sectors that affects corporate governance and business growth such as; weak corporate governance, poor risk management practices, inability to handle expansion, low quality of assets, insufficient supervisory structure, unethical practices and many more should be considered.The study therefore concludes that there is no significant effect of corporate governance on business growth of consumer goods in Nigeria.
