Corporate governance reform in Nigeria: upstream and downstream interventions

نویسندگان

چکیده

Purpose Internal (e.g. firm performance, internal stakeholders) and external pressures globalisation, technology, corporate scandals) have intensified calls for governance reforms across varieties of capitalism. Yet, practices among developing economies remain problematic. Drawing insights from Africa’s largest economy (Nigeria) relying on the resource dependence theorisation, this study aims to address two questions – what are prerequisites effective reforms; yield robust governance? Design/methodology/approach This adopts a qualitative methodology comprising semi-structured interviews with 21 executives in publicly listed Nigerian firms. The were analysed using content analysis technique. Findings proposes sequential (i.e. upstream downstream). factors highlight preconditions that support reforms, i.e. government commitment enabling environment, while downstream combine elements awareness regulation proffer interventions. Originality/value research further stresses need consider bottom-up approach place dominant top-down strategy. strategy allows agents participate actively policy-making rather than model, which imposes agents.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Pension Reform, Savings Behavior and Corporate Governance

France, Germany and Italy, to take the three largest economies in continental Europe, have large and ailing pay-as-you-go public pension systems, very thin capital markets, and low capital performance. Taking Germany as an example, we show that these three issues are closely linked. Specifically, we argue that pension reform, via a change in portfolio composition of households and a strengtheni...

متن کامل

A Framework for Assessing Corporate Governance Reform∗

In light of recent corporate scandals, numerous proposals have been introduced for reforming corporate governance. This paper provides a theoretical framework through which to evaluate these reforms. Unlike various ad hoc arguments that have been made, this framework recognizes that governance structures arise endogenously in response to the constrained optimization problems faced by the releva...

متن کامل

Enterprise Reform and Corporate Governance in Russia: a Quantitative Survey

The objective of this paper is to verify the range and depth of the study on corporate governance in Russia through a comprehensive survey of 202 research works. With regard to the internal structure of Russian corporations, a great deal of research has been conducted in a relatively short time since the collapse of the Soviet Union by many highly motivated researchers, who have provided insigh...

متن کامل

Good corporate governance in Nigeria: Antecedents, propositions and peculiarities ¬リニ

Relying on an alternative theoretical framework (i.e. institutional theory), rather than the dominant agency theory, this paper examines the connections between corporate governance mechanisms and good practices, as informed by an empirical and contextual analysis. On the basis of research methods triangulation, this study presents nine specific antecedents of good corporate governance in weak ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Corporate Governance

سال: 2022

ISSN: ['1758-6054', '1472-0701']

DOI: https://doi.org/10.1108/cg-09-2021-0347