The Politics of Shareholder Activism in Nigeria

Adegbite, Emmanuel, Amaeshi, Kenneth and Amao, Olufemi (2012) The Politics of Shareholder Activism in Nigeria. Journal of Business Ethics, 105 (3). pp. 389-402. ISSN 0167-4544

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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.

Item Type:	Article
Uncontrolled Keywords:	corporate governance, corruption, institutional theory, Nigeria, politics, shareholder activism
Subjects:	N100 Business studies N400 Accounting
Department:	Faculties > Business and Law > Newcastle Business School
Depositing User:	Ellen Cole
Date Deposited:	20 Jan 2012 10:15
Last Modified:	19 Nov 2019 09:04
URI:	http://nrl.northumbria.ac.uk/id/eprint/5031

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