A Proposed Framework of Corporate Governance and Investment Strategy Impacts on Occupational Pension Sustainability: the Moderating Effects of Risk Management

dc.contributor.authorAliu, Olanrewaju Atanda
dc.contributor.authorAlaudin, Ahmadasri
dc.contributor.authorAbdul-Hamid, Mohamad Ali
dc.date.accessioned2023-05-25T09:54:25Z
dc.date.available2023-05-25T09:54:25Z
dc.date.issued2018
dc.description.abstractRecently, sustainability has emerged among major concerns in a broad range of fields. Comparatively, little research attention has been paid to sustainability of occupation pension (OP) scheme despite its significance on public finance. The widespread nature of pension reforms triggered by occupational pension crisis has led to privatization of management of pension funds among approaches of reforms. Grounded in institutional and agency theories, this paper proposes a theoretical framework of the influences of corporate governance and investment strategies on the sustainability of OP and the moderating role of risk management. The framework focuses on the Nigerian contributory pension scheme (CPS) which came into effect in 2004. Review of extant literature indicates that with good corporate governance and optimal investment strategies, the sustainability of Nigerian CPS would be enhanced. Furthermore, the moderating effects of risk management were established based on evidences from literature. The review has significant implication on the management of CPS not only in terms of the stewardship roles entrusted with privately firms (pension operators) managing the CPS fund, but also for the employees and other stakeholders to reap the benefits of well-regulated CPS.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/10798
dc.publisherPenerbit Akademia Baru, University of Mara, Malaysiaen_US
dc.subjectSustainability, corporate governance, investment strategies, risk managementen_US
dc.titleA Proposed Framework of Corporate Governance and Investment Strategy Impacts on Occupational Pension Sustainability: the Moderating Effects of Risk Managementen_US
dc.typeArticleen_US

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