Will Africapitalism work?
Date
2020
Advisors
Journal Title
Journal ISSN
ISSN
2332-2373
DOI
Volume Title
Publisher
Taylor and Francis
Type
Article
Peer reviewed
Yes
Abstract
Africapitalism suggests a refined capitalist system aimed at achieving collective good unlike the shareholder value maximisation model of Anglo-American capitalism. It emphasises the obligations of the private sector in Africa to pursue socio-economic development. Despite these proposed benefits, this paper queries the functionality of such capitalism. It presents six major criticisms of Africapitalism and argues for a more realistic approach to African development.
Description
The file attached to this record is the author's final peer reviewed version.
Keywords
Corporate governance, Accountability, Africapitalism, Africa, Capitalism, Anglo-American model, Business ethical framework, Ubuntu, Shared value
Citation
Adegbite, E., Daodu, O. and Wood, J. (2020) Will Africapitalism work? Africa Journal of Management, (forthcoming).