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
Schools and Departments: School of Law, Politics and Sociology > Law
Subjects: H Social Sciences > HF Commerce > HF5001 Business > HF5387 Business ethics
K Law
Depositing User: Femi Amao
Date Deposited: 24 Sep 2015 11:41
Last Modified: 24 Sep 2015 11:41
URI: http://sro.sussex.ac.uk/id/eprint/56868
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