CENTRALIZATION AND CORPORATE GREENING PRACTICES IN A HIGH-RISK SECTOR

Abstract

The trend of an ongoing global environmental crisis amidst various devastating impacts on biodiversity is increasing. Unfortunately, while many organizations are indulging in unsustainable business practices by pursuing profitability at the expense of sustainability, only some committed to mitigating the worsening global humanitarian escalations are finding it difficult to attain their sustainability set goals due to unsupportive structures. Hence, the present study examined the effect of centralization structure (OSC) on corporate greening practices (CG) in the downstream sector in southwest Nigeria. To achieve the set objective, the study adopted a survey design and used a stratified random sampling technique, structured questionnaire (adapted), Survey Monkey Software, and Raosoft sample size calculator to select 410 respondents from 1,732 population of the lower-level managers. The 326 valid responses collected were analysed using the Categorical Regression Model at a 5% significance level because the data collected were categorical. The study findings showed that OSC, though it has a positive relationship with CG, but its effect was insignificant. The study concluded that OSC is not a good predictor of CG practices in the downstream sector in southwest Nigeria. Therefore, it is recommended that OSC be blended with other structural elements, particularly professionalization, to promote pro-environmental behaviours among the employees and foster a safe and conducive environment in the sector. Finally, the study findings offered valuable contributions that were useful for policymakers, stakeholders, and researchers, as well as adding to the existing body of knowledge in the field of management.