Good corporate governance in Nigeria: Antecedents, propositions and peculiarities
Date
2014-08-30Author
Abstract
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.
Description
Citation : Adegbite, E. (2015) Good corporate governance in Nigeria: Antecedents, propositions and peculiarities. International Business Review 24 (2), pp. 319-330
Research Group : Centre for Research on Organisational Governance
Peer Reviewed : Yes