COOPERATIVE INDUSTRIAL RELATIONS ATMOSPHERE AND ORGANIZATIONAL RESILIENCE OF MULTINATIONAL OIL AND GAS COMPANIES IN NIGERIA
Abstract
This study examined the relationship between cooperative industrial relations atmosphere and organizational resilience of multinational oil and gas companies in Nigeria. The study adopted the cross-sectional research survey design. Primary data was generated through structured questionnaire. The population of the study was the five (5) multinational oil and gas companies registered with the Department of Petroleum Resources. Since the population of five (5) multinational oil and gas producing companies in Nigeria was relatively small, the entire population was studied as a census. However, elements from the population was used as the participants and in line with the unit of analysis which is at the macro level, the questionnaire was distributed to ten (10) managers of the five (5) multinational oil and gas producing companies in Nigeria, bringing the total number to fifty (50) respondents. The hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient. The tests were carried out at a 0.05 significance level. Findings from the data analysis revealed that there is a significant relationship between cooperative industrial relations atmosphere and organizational resilience of multinational oil and gas companies in Nigeria. Therefore, the study concluded that positive industrial relations atmosphere (cooperative) impacts organisational resilience and other organisational outcomes. Thus, the study recommended that managers of the oil and gas firms can improve the industrial relations atmosphere in their organisation for better individual and organisational outcomes through mutual agreements with unions and sincere implementation of agreements
Keywords: Cooperative Industrial Relations Atmosphere, Organizational Resilience, Adaptive Capacity, Situation Awareness, Dynamic Capabilities
CITATION: Okwudiri, D. G., & Tamunomiebi, M. D. (2022). Cooperative industrial relations atmosphere and organizational resilience of multinational oil and gas companies in Nigeria. The Strategic Journal of Business & Change Management, 9 (4), 1163 – 1175.
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DOI: http://dx.doi.org/10.61426/sjbcm.v9i4.2485
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