The INSTITUTIONAL CORRUPTION AND CORPORATE MORBIDITY OF TERTIARY INSTITUTIONS IN RIVERS STATE
Abstract
This study xrayed the relationship between institutional corruption and the corporate morbidity of tertiary institutions in Rivers state. The study adopted a survey design in the course of its investigation. The population of the study comprised of leadership personnel of tertiary institutions in Rivers state, which include 440 academic staff and 460 non-academics staff bringing the total population to 900. The sample size of 415 was obtained through the use of krejcie and Morgan sample determination table. Structured questionnaires were administered to elicit responses from the respondents, 412 Questionnaires were proved valid and was used for the sample of the study. The responses of respondents were analyzed using Spearman’s rank order correlation coefficient statistic in testing relationships snd linear regression analysis for moderating effects and presented through the Statistical package for social sciences (IBM SPSS VERSION 20). Findings of the study revealed significant relationships among the dimensions of institutional corruption (administrative compromise, academic fraud, financial misappropriations, and leadership greed) and the measures of corporate morbidity (ineffective system and low quality graduates), which signifies that institutional corruption and corporate morbidity are significantly correlated. The regression analysis in the study also indicated that leadership significantly moderates the relationship between institutional corruption and corporate morbidity. The study therefore recommended that: Administrators should be guided by the stated principles and standards in the performance of administrative duties, the academic processes in a tertiary institution should be transparent and devoid of fraud, periodic monitoring of the financial system in tertiary institutions, and setting up an audit committee that would place tertiary institutions back on tract when it has deviated from its primary responsibilities.
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