Good corporate governance in Nigeria: Antecedents, propositions and peculiarities

By Emmanuel Adegbite. 2015

156 citations recorded by the source corpus.

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 institutional settings (Nigeria). The study proposes how each of these antecedents must be understood, articulated and harnessed, on the basis of relevant institutional peculiarities, in order to address contextual governance challenges. This study adds to the institutional theorising of good corporate governance, by paying attention to the context (African), efficiency (instrumentality) and legitimacy (symbolic) in explaining the firm-level drivers of good governance practices in an international business environment.

Subfields: Accounting, Information Systems and Management, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d60e98cdf2b1a3915c545682dcf9596efe30f508

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Citations in the corpus

• Corporate Social Responsibility in Challenging and Non-enabling Institutional Contexts: Do Institutional Voids matter? (2014, unknown): “As such we attempt to answer the question: why and how might local firms pursue CSR practices in weak institutional contexts? Our enquiry is guided by the extant literature on the institutional theorising of CSR in varieties of capitalism and the literature on responsible business practices in devel”
• Corporate board characteristics and environmental disclosure quantity: Evidence from South Africa (integrated reporting) and Nigeria (traditional reporting) (2018, background): “…implies that South African legal and regulatory framework is strong (Khlif et al., 2015) that compensate the level of South Africa environmental disclosure while the independent executive directors on board of listed firms in Nigeria substituted for the poor regulatory environment (Adegbite, 2015).”