Corporate governance system and intrapreneurial orientation in indigenous oil servicing firms in Port Harcourt: The moderating role of resource availability
Onyenma Uzoma Obioma
The study investigated the relationship between corporate governance system and intrapreneurial orientation and moderating role of resource availability in indigenous oil servicing firms in Port Harcourt. A survey approach was adopted; hence questionnaire was developed and distributed to the respondents in the 150 firms that took part in the study. A Cronbach’s alpha value of 0.708 to 0.999 was obtained for all the dimensions and measures through the use of SPSS version 20. This proved that the research instrument was internally consistent. Out of the 150 distributed questionnaires only 128 were retrieved and treated for further analysis. The study developed and tested 10 hypotheses. The result of the tested hypotheses showed significant relationship between the two variables under study and that resource availability had a moderating effect on the relationship between corporate governance system and intrapreneurial orientation. The researcher concluded that there was a negligible negative relationship between corporate governance system and intrapreneurial orientation except for board composition and proactiveness which showed a strong positive relationship. The researcher recommended that an intrapreneurial oriented indigenous oil servicing firm should seek a “first mover” posture and enjoy advantages of early starter.