Impact of Corporate Governance and Perceived Trust in Pension Management in Nigeria

The concept of corporate governance has been a response to the failure and widespread dissatisfaction with the way corporate organizations function. There are various indications that corporate organizations and their leaders are currently not perceived as trustworthy. The study examined the impact of corporate governance and perceived trust in pension management in Nigeria. Qualitative research method was adopted for the study. An extensive review of literature in terms of research findings from other related studies were also employed. The study in hand, provides an overview of the pension scheme in Nigeria and it major challenges. Major findings indicate that an adherence to the principles and practice of good corporate governance will bolster the trust of stakeholders in pension industry in Nigeria. The study therefore concluded that good corporate governance system has the potential of enhancing the trustworthiness of corporate organizations and their leaders and effective regulatory framework within which corporate organization operate can provide stakeholders with the peace of mind that their interest and rights would be protected.