Nakpodia, Franklin and Adegbite, Emmanuel (2018) Corporate governance and elites. Accounting Forum, 42 (1). pp. 17-31. ISSN 0155-9982
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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 |
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| 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 |
| Depositing User: | Becky Skoyles |
| Date Deposited: | 22 Nov 2017 09:03 |
| Last Modified: | 31 Jul 2021 22:06 |
| URI: | http://nrl.northumbria.ac.uk/id/eprint/32599 |
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