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Journal of Business Ethics
Published in: Journal of Business Ethics 3/2012

01-02-2012

The Politics of Shareholder Activism in Nigeria

Authors: Emmanuel Adegbite, Kenneth Amaeshi, Olufemi Amao

Published in: Journal of Business Ethics | Issue 3/2012

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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.
previous article Board Composition and Financial Performance: Uncovering the Effects of Diversity in an Emerging Economy
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Appendix
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Metadata
Title
The Politics of Shareholder Activism in Nigeria
Authors
Emmanuel Adegbite
Kenneth Amaeshi
Olufemi Amao
Publication date
01-02-2012
Publisher
Springer Netherlands
Published in
Journal of Business Ethics / Issue 3/2012
Print ISSN: 0167-4544
Electronic ISSN: 1573-0697
DOI
https://doi.org/10.1007/s10551-011-0974-y

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