Journal of Business Ethics 105 (3):389-402 (2012)
Abstract |
Shareholder activism has become a force for good in the extant corporate governance literature. In this article, we present a case study of Nigeria to show how shareholder activism, as a corporate governance mechanism, can constitute a space for unhealthy politics and turbulent politicking, which is a reflection of the country’s brand of politics. As a result, we point out some translational challenges, and suggest more caution, in the diffusion of corporate governance practices across different institutional environments. We contribute to the literature on corporate governance in Africa, whilst creating an understanding of the political embeddedness of shareholder activism in different institutional contexts—i.e. a step closer to a political theorising of shareholder activism
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Keywords | Corporate governance Corruption Institutional theory Nigeria Politics Shareholder activism |
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ISBN(s) | |
DOI | 10.1007/s10551-011-0974-y |
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References found in this work BETA
Toward a Common Good Theory of the Firm: The Tasubinsa Case.Alejo José G. Sison - 2007 - Journal of Business Ethics 74 (4):471-480.
Triangulation Revisited: Strategy of Validation or Alternative?Uwe Flick - 1992 - Journal for the Theory of Social Behaviour 22 (2):175–197.
Galvanising Shareholder Activism: A Prerequisite for Effective Corporate Governance and Accountability in Nigeria.Olufemi Amao & Kenneth Amaeshi - 2008 - Journal of Business Ethics 82 (1):119-130.
Business Ethics and Corporate Governance in Africa.G. J. Rossouw - 2005 - Business and Society 44 (1):94-106.
Corporate Governance in Nigeria.Boniface Ahunwan - 2002 - Journal of Business Ethics 37 (3):269 - 287.
Citations of this work BETA
Corporate Social Responsibility in Challenging and Non-Enabling Institutional Contexts: Do Institutional Voids Matter?Kenneth Amaeshi, Emmanuel Adegbite & Tazeeb Rajwani - 2016 - Journal of Business Ethics 134 (1):135-153.
Dividends Behavior in State- Versus Family-Controlled Firms: Evidence From Hong Kong. [REVIEW]Tina T. He, Wilson X. B. Li & Gordon Y. N. Tang - 2012 - Journal of Business Ethics 110 (1):97-112.
Neither Principles Nor Rules: Making Corporate Governance Work in Sub-Saharan Africa.Franklin Nakpodia, Emmanuel Adegbite, Kenneth Amaeshi & Akintola Owolabi - 2018 - Journal of Business Ethics 151 (2):391-408.
Are Politically Endorsed Firms More Socially Responsible? Selective Engagement in Corporate Social Responsibility.Xiaowei Rose Luo & Danqing Wang - 2021 - Journal of Business Ethics 170 (3):535-555.
Regulatory Multiplicity and Conflict: Towards a Combined Code on Corporate Governance in Nigeria.Louise Osemeke & Emmanuel Adegbite - 2016 - Journal of Business Ethics 133 (3):431-451.
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