The Moderating Effect of Government Regulations on the Relationship between Employee Voice and Worker Well-Being in the Multinational Oil Exploration and Producing Companies in Nigeria
Vol. 6 Issue 1
The purpose of this study was to examine moderating effect of government regulations on the relationship between employee voice and worker well-being in multinational oil exploration and producing companies in Nigeria. The study adopted a cross-sectional survey design with primary data sourced through structured questionnaire. The population of the study was 10,714 employees drawn from 6 multinational oil exploration and producing companies in Nigeria. The sample size of 386 was determined using the Taro Yamane’s formula for sample size determination. The reliability of the instrument was achieved using the Cronbach Alpha coefficient with all items scoring alpha coefficients above 0.70. The hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient with aid of the Statistical Package for Social Sciences version 23.0. The tests were carried out at a 95% confidence level and a 0.05 level of significance. The findings revealed that government regulations significantly moderated the relationship between employee voice and worker well-being of multinational oil exploration and producing companies in Nigeria and recommends that governments and its agencies in its regulation of the parties in employee relations should eschew its over–bearing influence in the form of direct interventions, unilateral actions, and wages.
