Corporate governance and elites

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

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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 ID: 54454
Item Type: Article (Research - C1)
ISSN: 1467-6303
Keywords: corporate governance; elites; institutions; institutional theory; institutional voids; corruption
Date Deposited: 05 Jul 2018 00:12
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150303 Corporate Governance and Stakeholder Engagement @ 100%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9104 Management and Productivity > 910402 Management @ 100%
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