Trust and Organizational Resilience in the Nigerian Oil and Gas Industry

S. O. Olu-Daniels, B. M. Nwibere
2014 International Journal of Business and Management  
The study examined the relationship between trust and organizational resilience. The sample for the study consisted of two hundred and ten (210) randomly selected managers from thirty seven (37) companies in the upstream sector of the oil and gas industry in South-South geopolitical region of Nigeria. The study adopted a triangulation of methodology (utilized both quantitative data from questionnaire and qualitative data from interviews). The Spearman Rank Order Correlation Coefficient and
more » ... ple Regression Model using the Statistical Package for Social Sciences (SPSS) version 17 were utilized for the analysis of data. Our findings revealed a positive and significant relationship between trust and organizational resilience within the upstream sector of the oil and gas industry in the South-South region of Nigeria. More specifically, all the dimensions of trust (competence, openness, and reliability) were revealed to have positive and significant relationships with the measures of organizational resilience (vulnerability and adaptive capacity). Based on the findings above, it was concluded that trust (competence, openness, and reliability) enhances organizational resilience (vulnerability and adaptive capacity). The managerial implications of these findings were also discussed.
doi:10.5539/ijbm.v9n2p291 fatcat:kia33vu6xngffagirhoxlcb4zq