ROLES OF STAKEHOLDERS IN ENTREPRENEURIAL CORPORATE GOVERNANCE AND ORGANIZATIONAL SUSTAINABLE PERFORMANCE: AN EXPLORATORY INSIGHT FROM FAST CREDIT

Abstract

This study critically examines the intricate roles of stakeholders in entrepreneurial corporate governance and their influence on organizational sustainable performance within Nigeria’s evolving financial sector, using Fast Credit Limited (FCL) as a case study. Despite regulatory emphasis on sound governance for financial institutions amid digital transformation, challenges persist in effective stakeholder engagement. Employing an exploratory case study design, the research leveraged secondary data from Fast Credit’s reports, regulatory institutions (CBN, SEC), and scholarly articles. Findings revealed that Fast Credit's made significant achievements in stakeholder integration (40%) through inclusive products like "Kiddies Swag" and digital banking, and robust corporate governance structures (35%) via technologies like Temenos T24 and regulatory compliance. The study concludes that effective stakeholder engagement, is indispensable for value creation and resilience. This study recommends improvement in transparency, fostering collaborative regulatory frameworks, prioritizing ethics, and deepening social inclusion.