Corporate governance and elites

Nakpodia, Franklin and Adegbite, Emmanuel (2018) Corporate governance and elites. Accounting Forum, 42 (1). pp. 17-31. ISSN 0155-9982

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Official URL: https://doi.org/10.1016/j.accfor.2017.11.002

Abstract

Using a qualitative methodology (interviews), we examine the relationship between the effectiveness of corporate governance mechanisms and elitist interventions. In doing this, we identify three elitist groups – political, cultural and religious, and investigate how they shape the legitimacy and effectiveness (or otherwise) of the institutional drivers of corporate governance in Nigeria. We caution the widely-held notion in the literature which suggests that institutions act as a check on the behaviour of elites and influence how elites compete and emerge. Alternatively, we argue that elites, in the presence of institutional voids, can invent, circumvent and corrupt institutions.

Item Type: Article
Uncontrolled Keywords: Corporate governance; Elites; Institutions; Institutional theory; Institutional voids; Corruption
Subjects: L100 Economics
N100 Business studies
Department: Faculties > Business and Law > Newcastle Business School > Accounting and Finance
Depositing User: Becky Skoyles
Date Deposited: 22 Nov 2017 09:03
Last Modified: 13 Apr 2018 07:02
URI: http://nrl.northumbria.ac.uk/id/eprint/32599

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