Title: Environmental Regulations And Strategic Management Practices Of Oil And Gas Firms In Rivers State
Authors: Andrew Enarukakpo Ejeneha and B. Chima Onuoha
Volume: 10
Issue: 1
Pages: 356-364
Publication Date: 2026/01/28
Abstract:
This study investigates the link between environmental legislation and the strategic management practices of oil and gas companies in Rivers State, Nigeria. It specifically examines how compliance standards, monitoring, and enforcement, two key aspects of environmental regulation relate to sustainable integration and long-term planning within enterprises. A cross sectional survey design was used. Data was collectes through structured questionnaire from management staff from various oil and gas firms, A sample of 226 was drawn from a population of 539, using krejcie and Morgan 1970 table. The study used Spearman's correlation analysis to investigate the correlations between the variables. The study found a substantial positive correlation between compliance criteria and sustainable integration link with sustainable integration and long-term planning The findings highlight the importance of tight regulatory compliance and enforcement in developing long-term and forward-thinking strategic approaches in the oil and gas industry. The study recommended that companies integrate their strategy frameworks with environmental mandates to maintain resilience, regulatory compliance, and long-term competitiveness in the changing energy market.