A Review of Internal and External Influences on Corporate Governance and Financial Accountability in Nigeria
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Date
2015Abstract
No country exists in isolation, and as developing countries like
Nigeria aspire to ‘international’ standards of accountability and governance
suited to the developed economies, they are confronted with the reality that it is
difficult to separate the socio-cultural context in which they operate from the
external pressures to conform. This literature review provides deep insights into
the developments in corporate governance and accountability in Nigeria, and in
particular the influence of internal and external factors. While the extant
literature suggests that the lack of corporate governance structures limits
improvements in developing economies, we argue that the appropriateness, and
the effectiveness of regulatory compliance systems explains corporate
governance infractions in the country. We contribute to comparative corporate
governance discourse, presenting important implications for key players in
corporate governance development and monitoring, across global polity and
practice.
Description
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.
Citation : Okike, E. ; Adegbite, E. ; Nakpodia, F. and Adegbite, S. (2015) A Review of Internal and External Influences on Corporate Governance and Financial Accountability in Nigeria. International Journal of Business Governance and Ethics, 10 (2), pp. 165-185
Research Group : Centre for Research on Organisational Governance
Peer Reviewed : Yes