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Advances in Corporate Governance and Performance Accountability in Global Energy Enterprises
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Global energy enterprises operate within increasingly complex governance environments shaped by rising climate risks, geopolitical uncertainty, digital transformation, and intensified stakeholder scrutiny. The expanding scope of global energy value chains encompassing hydrocarbons, electricity, renewables, and emerging clean-energy technologies has heightened expectations for transparency, ethical conduct, and rigorous performance accountability. Drawing on scholarship published up to 2019, this paper reviews advances in corporate governance structures, mechanisms of accountability, regulatory frameworks, and performance-monitoring systems applied across global energy enterprises, including state-owned utilities, multinational oil and gas firms, and vertically integrated renewable energy corporations. The review highlights improvements in board governance, audit oversight, risk-management practices, disclosure standards, ESG integration, and strategic alignment. It also identifies persistent gaps arising from political interference, weak regulatory enforcement, corruption exposure, cyber-security vulnerabilities, and operational complexities associated with global energy supply chains. The study contributes a structured synthesis of governance developments prior to 2020 and outlines implications for strengthening accountability and performance discipline in the global energy sector.
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“Another expected outcome is stronger mission coherence, because resources are more likely to flow toward activities that align with core purpose rather than being dispersed across disconnected or donor-driven initiatives (Agu & Akomolafe, 2020, Lawal & Oduleye, 2020).”
From Conceptual Model for Financial Sustainability and Strategic Resource Allocation in Nonprofit Organizations (2025) · cites this paper as Agu & Akomolafe, 2020
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Aliliele, C., Eboh, E. E., & Odihi, F. (2025) · International Journal of Scientific Research in Computer Science Engineering and Information Technology · doi:10.32628/cseit251117154
Metadata
- Authors
- Agu, M. U., & Akomolafe, O.
- Venue
- International Journal of Multidisciplinary Research and Growth Evaluation
- Publisher
- Anfo Publication House
- Published
- 2020
- Volume
- 1
- Issue
- 5
- Pages
- 375-384
- ISSN
- 2582-7138 (ISSN-L)
- OpenAlex
- W7109121632
- Cited by
- 10
- References
- 0
- Citations by year
- 2026: 2 · 2025: 1 · 2023: 3 · 2022: 3 · 2021: 1
- FWCI
- 1.74
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- International Journal of Multidisciplinary Research and Growth Evaluation (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Governance and Financial Management
- Social Sciences › Business, Management and Accounting › Strategy and Management › Governance, Compliance, and Sustainability
- Social Sciences › Economics, Econometrics and Finance › Finance › Corporate Finance and Governance
- Keywords
- corporate governance, performance accountability, board governance, audit supervision, risk management, disclosure standards, ESG integration, state-owned utilities, oil and gas companies, energy supply chain, regulatory enforcement, corruption, cybersecurity, climate risk, stakeholder scrutiny
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Advances in Corporate Governance and Performance Accountability in Global Energy Enterprises. https://app.cochat.ai/papers/10.54660/.ijmrge.2020.1.5.375-384
- The paper
- Agu, M. U., & Akomolafe, O. (2020). Advances in Corporate Governance and Performance Accountability in Global Energy Enterprises. International Journal of Multidisciplinary Research and Growth Evaluation. https://doi.org/10.54660/.ijmrge.2020.1.5.375-384