ABSTRACT

The study is focused on the impact of corporate governance on corporate performance of CONROCK Nigeria Limited. The study tries to examine this concept in the light of finding out if there is practice of corporate governance, the extent it exists, it examines how best practices/ethical behavior is transformed into performance, the extent to which corporate social responsibility and operational environment accounts for CONROCK competitive advantage in the industry, if internally and deliberately induced professionalism accounts for its performance and to determine how shareholders interest is managed with sound institution of corporate governance. The study used test-retest validity measure and person product moment co-relation. Also SPSS chi-square (X2) statistic at alpha value (a=0.05) level of significance of testing the hypothesis was adopted. The study having gone through several literature and using the research questions and test of hypothesis discovered that there is little or no practice if corporate governance in CONROK Nigeria Limited ,that the extent at which it exist is marginal, that code of best practices/ethical behavior is not a function of corporate performance in CONROCK, that their competitive advantage in the industry is not a function of corporate social responsibility but a function of use of internally and deliberately induced professionalism and finally stakeholders interest is not properly managed with institution of sound corporate governance in CONROK Nigeria Limited.  Based on the findings, the study recommends that CONROK Nigeria Limited should adopted the practice of corporate governance since it will improve performance, that introduction of corporate governance  in construction industry in Nigeria should be made imperative to avoid  future collapse, Corporate and Allied Matters Act should be strengthened to regulate the practice, a system of check should be put place for stakeholders to periodically review the practice and adherence to corporate governance in the construction industry and finally that CONROCK Nigeria Limited should continue to use their induced professionalism while trying to improve on the institution, practice and adherence to corporate governance hence better performance.