[01] John Nkeobuna Nnah Ugoani, Department of Management Sciences, College of Management and Social Sciences, Rhema University, Aba, Nigeria.

The concept of sustainable management recognizes the need for prudent economic resource wealth management as well as the conservation of social resource wealth and the management of natural resources and maintenance of environmental friendly and sustainability policies to ensure business sustainability. Enterprise economic resource wealth in terms of tangible assets and social resource wealth in terms of tangible assets like corporate integrity, good will and reputation are among the variables that promote business sustainability. Therefore sustainable management approach comprises the ability to comply with business ethics and the regulatory framework to enhance the potential of the generational sustainability of the enterprise. The exploratory research design was adopted for the study. There were 78 participants and data were generated through primary and secondary sources. Data analysis conducted through descriptive and regression statistical methods revealed a strong positive association between sustainable management and business sustainability. Further study could examine the relationship between absentee management and business failure in Nigeria, and on the basis of the result of the study, it was suggested that active management must be part of sustainable management to ensure business sustainability.

Active Management, Sustainable Management, Business Sustainability, Economic Resource Wealth, Reputation, Management of Natural Resources

[01] Gomez-Mejia, L. R. and Balkin, D. B. (2002) Management Boston, McGraw-Hill: 165-179. [02] Sharif, S. P. and Yeoh, K. K. (2014) Independent Directors. Resource Provision: Capability in Publicly-listed Companies in Malaysia. Corporate Ownership and Control 11(3): 113-121. [03] Pearce, J. and Robinson, R. (1985) Strategic Management, 2^nd edition, Homewood, Illinois, IRWIN. [04] Ouattara, A. D. (1997) Macroeconomics and Sustainable Development – Address by Alassane, D. Ouattara Deputy Managing Director of the International Monetary Fund at the World Bank’s Fifth Annual Conference on Environmentally and Socially Sustainable Development, Washington, D. C. October 7, 1997. [05] Kathlee, M. and Finegan, B, (2002) Working in the Tropics: Conservation through Sustainable Management. Gainesville, Florida University of Florida. [06] Hassan, M. H. and Hutchinson, C. (1992) Natural Resource and Environmental Information for Decision-Making. Washington, D. C. The World Bank. [07] Starkey, R. (1998) Environmental Management Tool for SMEs. A Handbook. Luxembourg: Office for Official Publications of the European Communities. [08] Srivastava, P. and Singh, S. (2016) Narayana Murthy: The Table Turner in Troubled Times? Amity Business Journal 5 (2): 31-37. [09] Okaro, S. C. and Okafor, G. O. (2013) Drivers of Audit Failure in Nigeria – Evidence from Cadbury (Nigeria) Plc. Research Journal of Finance and Accounting 4 (6): 14-17. [10] Kasum, A. S. Bamigbade, D. and Abu-Kasum, H. A. (2013) Corporate Social Responsibility by Public Sector Entities for Nigeria. Amity Business Journal 6 (1): 1-12. [11] Ugoani, J. N. N. (2018) Good Corporate Governance and Organizational Performance in Nigeria. Amity Business Journal 7(1): 1-10. [12] Mujtaba, B. G. (2014) Management Skills and Practices for Global Leadership ILEAD Academy: Davies Florida. [13] Robbins, S. P. and Coulter, M. (2011) Management, 11^th edition, USA, Prentice-Hall. [14] Iheriohanma, E. B. J. and Oguoma, O. (2010) Governance, Leadership Crisis and Underdevelopment in Africa: An Explorative Discourse – European Journal of Social Sciences 12, (3). [15] Musa, A. and Dauda, G. (2011) Natural Resources Governance and EITI Implementation in Nigeria, Public Administration Review, Uk, UK Lightening Source Ltd. [16] Cavusgil, S. T. and Zou, S. (1994) Marketing Strategy-Performance Relationship: An Investigation of the Empirical Link In Export Market Ventures, Journal of Marketing, 58:1-21. [17] Okenwa, C. P (1999) Business Environment. In C. P. Okenwa (ed.) Entrepreneurship Development in Nigeria. A Practical Approach Onitsha Adson Educational Publishers: 160-168. [18] Drees, J. M. and Heugens, P. P. M. A. R. (2013) Synthesizing and Expanding Resource Dependence Theory: A Meta-Analysis. Journal of Management, 39:1666-1698. [19] Adebayo, A. S. and Falola, T. (1987) Production for the Metropolis: The Extrative Industries. In T. Falola (ed) Britain and Nigeria. Exploitation or Development. London. Zed Books Ltd. [20] Hillman, A. J. Withers, M. C. and Collins, B. J. (2009) Resource dependence theory: A review. Journal of Management 35:1404-1427. [21] Davies, G. F. and Cobb, J. A. (2010) Resource dependence theory: Past and future. Stanford’s Organization Theory Renaissance, 1970 – 2000:21-42. Bingley N. Y. Emerald Group. [22] Boyd, B. (1990) Corporate Linkages and Organizational Environment: A Test of the Resource Dependence Model. Strategic Management Journal 1(6): 419-430. [23] Pfeffer, J. (1982) Organizations and Organization Theory. Marshfield, M. A. Pitman. [24] Pfeffer, J. and Salancik, G. R. (1978) The External Control of Organizations: A Resource Dependence Perspective New York, NY, Harper and Row. [25] Thomas, H. and McGee, J. (1985) Making sense of Complex Industries. Mimeo, University of Illinois at Urbana-Champaign. [26] Pettigrew, A. and Whipp, R. (1993) Understanding The Environment. In C, Mabey, and B. Mayon-White (eds) Managing Change, 2_nd edition, London Paul Chapman Publishing Ltd. pp: 1-19. [27] Mujtaba, B. G. McCleuand, B, Cavico, F. J. and Williamson, P. (2013) A Study of Bribery and Wealth in the A SEAN Community Based on the Corruption Perception. Index Scores and GNP per Capita. International Journal of Management, IT and Engineering, 3(1) 576-597. [28] Mujtaba, B. G. and Carico, F. J. (2013) Corporate Social Responsibility and Sustainability Model Global Firms. Journal of Leadership, Accountability and Ethics, 10(1): 01-11. [29] Sunday, R. J. and Miriam, K. (2015) Entrepreneurship, Employment and Sustainable Development in Nigeria. International Journal of Academic Research in Economics and Management Sciences 4(1): 179-199. [30] Okoye, E. I. Amaefule, L. I. and Onyekpere, U. I. (2016) Implications of Corporate Social Responsibility Practice on Manufacturing Firms Performance in Nigeria. Proceedings in FMS 2016 International Conference 8^th-10 November, 2016 at Nnamdi Azikiwe University, Auditorium, Awka. [31] Nnamani, E. Eze, N. P. and Ekobay, M. N. (2016) Effects of Environmental Factors and Technology on the Productivity of Manufacturing Firms in Aba. Proceedings in FMS 2016 International Conference 8^th-10 November, 2016 at Nnamdi Azikiwe University, Auditorium, Awka. pp 891-901. [32] Rotimi, O. Aderemi, A. A. and Idode, P. (2013) Revenue Generation and Transparency in Nigeria Oil and Gas Industry. {Position of Nigeria Extractive Industries Transparency Initiative (Neiti)} Research Journal of Finance and Accounting 4(6): 99-114. [33] Gachoki, S. and Rotich, G. (2013) Influence of Corporate Governance on the Performance of Public Organizations in Kenya. (A Case of Kenya Port Authority)Research Journal of Finance and Accounting 4(6): 205-215. [34] Ndubuisi, A. N. Egolum, A. Uche, O. J. C. and Illiemena, R. O. (2016) Corporate Governance and Organizational Profitability: Empirical Evidence from Quoted Natural Resources Firms in Nigeria (2010-2015). Proceedings in FMS 2016 International Conference 8^th – 10^th November 2016 at Nnamdi Azikiwe University, Auditorium, Awka. pp:841-854. [35] Pandey, N. and Modh, S. (2017) Ecopreneurship – Creative Solution For Sustainable Energy Management. Amity Business Journal 6(1)L 22-31. [36] Brannen, J. (2005) Mixing Methods: The Entry of Qualitative and Quantitative Approaches into the Research Process. International Journal of Social Research Methodology 8(3): 173-187. [37] Aaker, D. A. Day, G. S. and Kumar, V. (2004) Marketing Research 8^th edition, Hoboken, N. John Wiley & Sons. [38] Nelson, D. L. and Quick, J. C. (2003) Purposes of Scientific Research: Applied and Basic Research In D. L. Nelson and J. C. Quick (eds) Organizational Behaviour: Foundations, Realities and Challenges. 4^th edition USA, South-Western; 656-671. [39] Obodoeze, F. O. (1996) Modern Text-book of Research Methodology Enugu Academic Publishing Company. [40] Ezejelue, A. Ogwo, E. O. and Nkamnebe, A. (2008) Basic Principles in Managing Research Projects, 2_nd edition Port Harcourt. Educational Books Ltd. [41] Nwankwo, O. C. (2011) A Practical Guide To Research Writing for Students of Research Enterprise (Revised Edition) Port Harcourt, Pam Unique Publishers Co. Ltd. [42] Patton, M. Q. (2002) Qualitative Research and Evaluation Methods, 2_nd edition. Thousand Oaks, C. A. Sage Publications. [43] Aimkij, N. Mujtaba, B. G. and Kaweuisultrakul, T. (2013) Green Management Sustainability and its Economic Impact. Journal of Economics and Sustainable Development 4(6): 104-115. [44] Doug, M. M. (1999) Fostering Sustainable Behaviour: AN Introduction to Community-Based Social Marketing Gabriola Island: New Society Publishers. [45] Mabikke, S. B. (2012) Africa’s Wealth Resources, Blessing or Curse?Germany, Hanns Seidel Stiftung. [46] Nwuneli, N. O. (2006) Defying The Odds: Case studies of Nigerian Organizations. That Have Survival Generations. Lagos. Leap Africa. [47] Scott, W. R. (2003) Organizations: Rational, Natural and Open System. 5^th edition Prentice Hall. [48] Tsatsu, T. F. (2016) Energy, Resource (Oil) Mismanagement in West Africa. A Thesis Submitted to College of Arts and Sciences of Webster University in Partial Fulfillment of the Requirements for the Degree of Master of Arts in International Relations, Accra, Ghana.