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.

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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 ID: 54487
Item Type: Article (Research - C1)
ISSN: 1573-0697
Keywords: corporate governance; corruption; institutional theory; Nigeria; politics; shareholder activism
Date Deposited: 20 Jul 2018 01:14
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150303 Corporate Governance and Stakeholder Engagement @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9402 Government and Politics > 940203 Political Systems @ 100%
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