MANAGEMENT, ACCOUNTABILITY AND ELECTORAL PROCESS FOR SUSTAINABLE ECONOMIC DEVELOPMENT

Authors

  • Dr. Obi, Chioma Department of Business Administration and Management Federal Polytechnic Nekede Owerri.
  • Dr. Abara, Chinenye Gladys Department of Business Administration and Management Federal Polytechnic Nekede Owerri.
  • Chinyere Seraphine Department of Business Administration and Management Federal Polytechnic Nekede Owerri.

Keywords:

Economic Development, Accountability, and Electoral process

Abstract

This study examined the relationship between management, accountability, electoral process and economic development. The study was carried out using selected legislative staff from six local government in Imo State; two local government were selected from each
senatorial zones of Imo State. The study formulated three research questions and hypotheses. Data for the study was generated from the primary source as the questionnaire was the major instrument used in generating the data. From a population size of 195 the
researcher derived a sample size of 131 using Yamene’s formula The hypotheses were tested with Theil-Sen regression technique so as to measure the “significance” of the degree of relationships existing between the dependent and independent variables. The
findings showed that there is a significant nexus between management and economic development. Further findings showed that accountability significantly relate to economic development. Also, there is a significant relationship between electoral process and
economic development. Based on the findings, the study recommends that in order to enhance economic development, good governance practices, implementing prudent economic policies, Long-term strategic planning, and innovation should be encouraged.
The study further recommended that establishing transparent processes, accountability mechanisms, and regulatory oversight ensure responsible economic management and reduce corruption risks. The study went further to recommend that free, fair, and
transparent electoral processes are foundational for democracy, political stability, and the protection of individual rights, which are essential for sustainable economic development.

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Published

2024-04-23