IMPACT OF ETHICAL LEADERSHIP ON CORPORATE GOVERNANCE PERFORMANCE IN EMERGING ECONOMIES

Abstract

Ethical leadership is increasingly recognized as a pivotal driver of sound corporate governance, particularly in emerging economies where institutional weaknesses and corruption are prevalent. This study examines the impact of ethical leadership on corporate governance performance in emerging economies, using Nigeria as a case study. By employing a mixed- methods research design, the study assesses how ethical behaviors by leaders influence transparency, accountability, board independence, and stakeholder engagement. A survey of 200 employees from both public and private organizations was conducted, and the results analyzed using descriptive statistics. Findings reveal that ethical leadership significantly enhances corporate governance by promoting trust, regulatory compliance, and performance transparency. However, systemic issues such as political interference and weak enforcement mechanisms continue to hinder progress. The study recommends strengthening leadership training, enhancing regulatory oversight, and fostering an ethical corporate culture across sectors.