Prof. Kenneth, Amechi and Okoro, Chineme Blessing (2023) Incorporating Sustainability and Accountability as a Nexus for Development in the Nigerian Economy. Scope, 13 (4). pp. 996-1012.
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Abstract
This article explores the approaches for incorporating sustainability and accountability as a nexus for development in the Nigeria economy. Governments today are challenged more than ever in three operational areas: pursuing sustainable development, being accountable to the public for the expenditure of taxpayer dollars, and anticipating and adapting to critical and cumulative risk. Efforts within government to improve performance in these three core abilities of governance have been advancing largely independently over the past two decades, despite an apparent commonality in the basic principles and tools that drive them. Often concurrently, finance and treasury departments create and implement cross government accountability frameworks, environment departments promote sustainability internally and externally and audit departments build capacity for risk analysis and management. Therefore, it aims at structuring the literature on sustainability and accountability, to highlight its main contributions and gaps. It is followed by the delimitation of each sustainability approaches. Finally, a conceptual framework is proposed to address the integration of sustainability and accountability in the development of Nigerian economy. Sustainability is one of the most important challenges of our time. Projects play a pivotal role in the realization of more sustainable business practices. This article recommends, among others, the need for government to adopt a more practical approach to the promotion of accountability, a determined fight against corruption and unethical behaviour, proper management of resources, and commitment of more funds to the execution of capital projects that could positively affect the lives of the people for improved standard of living. The study identified a positive relationship between sustainable growths at the firm level. Also, the study identified numerous challenges facing sustainability management and accountability in Nigerian Economy.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | mrs chioma hannah |
| Date Deposited: | 22 Apr 2024 09:16 |
| Last Modified: | 22 Apr 2024 09:16 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/4263 |
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