Examining the link between religion and corporate governance: insights from Nigeria

Nakpodia, Franklin, Shrives, Philip and Sorour, Karim (2020) Examining the link between religion and corporate governance: insights from Nigeria. Business & Society, 59 (5). pp. 956-994. ISSN 0007-6503

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Official URL: https://doi.org/10.1177/0007650317745852

Abstract

This paper examines whether the degree of religiosity in an institutional environment can stimulate the emergence of a robust corporate governance system. This study utilises the Nigerian business environment as its context and embraces a qualitative interpretivist research approach. This approach permitted the engagement of a qualitative content analysis (QCA) methodology to generate insights from interviewees. Findings from the study indicate that despite the high religiosity among Nigerians, religion has not stimulated the desired corporate governance system in Nigeria. The primary explanation for this outcome is the presence of rational ordering over religious preferences thus highlighting the fact that religion, as presently understood and practised by stakeholders, is inconsistent with the principles underpinning good corporate governance.

Item Type: Article
Uncontrolled Keywords: religion, corporate governance, institutional environment, institutional theory, Nigeria
Subjects: N100 Business studies
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: Ay Okpokam
Date Deposited: 29 Aug 2017 11:02
Last Modified: 06 Feb 2023 16:30
URI: https://nrl.northumbria.ac.uk/id/eprint/31668

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