Trust and Organizational Resilience in the Nigerian Oil and Gas Industry

S. O. Olu-Daniels, B. M. Nwibere

Abstract


The study examined the relationship between trust and organizational resilience. The sample for the studyconsisted of two hundred and ten (210) randomly selected managers from thirty seven (37) companies in theupstream sector of the oil and gas industry in South-South geopolitical region of Nigeria. The study adopted atriangulation of methodology (utilized both quantitative data from questionnaire and qualitative data frominterviews). The Spearman Rank Order Correlation Coefficient and Multiple Regression Model using theStatistical Package for Social Sciences (SPSS) version 17 were utilized for the analysis of data. Our findingsrevealed a positive and significant relationship between trust and organizational resilience within the upstreamsector of the oil and gas industry in the South-South region of Nigeria. More specifically, all the dimensions oftrust (competence, openness, and reliability) were revealed to have positive and significant relationships with themeasures of organizational resilience (vulnerability and adaptive capacity). Based on the findings above, it wasconcluded that trust (competence, openness, and reliability) enhances organizational resilience (vulnerability andadaptive capacity). The managerial implications of these findings were also discussed.


Full Text: PDF DOI: 10.5539/ijbm.v9n2p291

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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