Entrepreneurial Intensity and Corporate Sustainability in the Nigerian Extractive Industry

Economic prosperity, innovativeness, risk-taking propensity, environmental quality, Pro-activeness.

Authors

  • Oshi, Joseph. E. O Department of Management, Faculty of Management Sciences, University of Port Harcourt, Nigeria.
  • Ule, P. Alamina Department of Management, Faculty of Management Sciences, University of Port Harcourt, Nigeria.
  • Ogah, J. Idagu Department of Accountancy, Cross River University of Technology, CRUTECH, Ogoja Campus, Cross River State, Nigeria.
December 16, 2017

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The study examines how extractive industries can be sustained within the context of entrepreneurial intensity in the Nigerian work environment. The nature of the study gave rise to quasi experimental design with simple random sampling technique used to select 400 personnel from five major extractive firms. These personnel are mainly managers and stakeholders who sample their individual opinion concerning the sustainability of their corporations through entrepreneurial intensity. The study utilizes multiple regression analysis and found that organizations can maintain sustainable development through entrepreneurial level of innovation, pro-activeness and risk-taking propensity. Based on the findings, we conclude that organizations should map out modalities to monitor and checkmate deviations and unethical practices among staff as well as government involvement in the resource rich industry.