GREEN TECHNOLOGY ADOPTION AND PERFORMANCE OF MULTINATIONAL OIL CORPORATIONS IN SOUTH-SOUTH, NIGERIA.
Abstract
The study investigated green technology adoption and performance of multinational oil corporations in South-South, Nigeria. The specific objectives are to examine the impact of green technology adoption on organizational sustainability, assess the effect of green product production and consumption on job satisfaction of multinational oil corporations in South-South. The research design used in the study was a survey design. The researcher adopted mainly primary sources of data. The total population was seventy-nine thousand seven hundred and sixty-five (79,765) respondents from the selected six states in South-South, Nigeria. A total of five hundred and ninety five (595) copies of questionnaire was administered to the selected Multinational Oil Corporations in South-South, Nigeria, during the collection of the administered questionnaire, eight one (81) copies questionnaires were wrongly filled, misplaced, void and discarded with a percentage rate of 13.6%, while the questionnaire recovered is 514 with a percentage ratio of 86.4% that aided the study. The sample size was 595 staff derived from Godden formula (2004). Simple regression analysis and Pearson correlation coefficient was used to test the relationships between dependent and independent variables of the study. The findings of the study stated that there is a significant effect between green technology adoption on organizational sustainability of multinational oil corporations in South-South. There is a significant effect between green product production and consumption on job satisfaction of multinational oil corporations in South-South. The study concluded that engaging in environmental business practices, such as green technology practices, may help companies gain competitive advantage and enhance their organizational performance. The study recommended that firms under the study should continually perform a cost benefit analysis of available green technologies to ensure alignment with organizational goals, also using real-time energy monitoring tools to track consumption and detect inefficiencies.
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Published in WEST AFRICAN JOURNAL OF BUSINESS AND MANAGEMENT SCIENCES
ISSN: 978-37989
This article appears in our peer-reviewed academic journal
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