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).

Rights

Research Institute

Centre for Research in Accountability, Governance and Sustainability (CRAGS)