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Corporate governance and responsibility in Nigeria

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Abstract

To provide an expository on the peculiar dimension of the corporate governance and responsibility phenomenon in developing market economies, we employ a mix of qualitative methods to provide research evidence-based insights into the nature, practice, complexity and environment of governance and accountability in corporate Nigeria. We aim to contribute to the budding literature on corporate governance in sub-Saharan Africa, while providing recommendations for practitioners and policy makers in terms of promoting effective corporate governance in developing countries.

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Authors and Affiliations

  1. Accounting, Disclosure and Governance, Newcastle Business School, City Campus East, New Bridge Street, Newcastle-Upon-Tyne, NE1 8ST, UK

    Emmanuel Adegbite

Authors
  1. Emmanuel Adegbite
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  2. Chizu Nakajima
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Correspondence to Emmanuel Adegbite.

Additional information

1has research interests that include comparative corporate governance systems; institutional configurations of corporate governance in varieties of capitalism; corporate governance in developing countries; corporate governance regulation; corporate social responsibility and business ethics. He has notable research outputs in these areas as well as numerous paper presentations at leading national and international conferences, including the Academy of Management; European Group for Organisational Studies; and the Academy of International Business. Before joining Newcastle Business School, Emmanuel held a visiting appointment at Cass Business School, London, where he also received his PhD.

2specialises in financial services law, international law, company law, corporate governance, corporate social responsibility, business ethics and the control of financial crime and teaches and researches in these areas. Nakajima is on the editorial board of a number of leading journals, including The Company Lawyer, Journal of Financial Crime, Journal of Money Laundering Control and International Journal of Disclosure and Governance and has served for many years as co-director of the annual Cambridge International Symposium on Economic Crime. She has published widely on legal and ethical issues, including conflicts of interest in financial services and the control of financial crime and money laundering, from an international comparative perspective, and has led numerous interdisciplinary research projects in the relevant areas. Before joining City University, Nakajima worked for a number of financial institutions in the City. She chairs the British Japanese Law Association and is a Fellow and member of the Advisory Council of the Society for Advanced Legal Studies, a freeman of the City of London and a liveryman.

APPENDIX

APPENDIX

Experts’ Interviews and Focus Groups ‘Guide/Areas for Discussions’

  1. 1

    How would you describe the state of corporate governance and responsibility in Nigeria?

  2. 2

    How have relevant historical underpinnings impacted on the corporate governance system of Nigeria?

  3. 3

    How has the ownership structure of Nigerian corporations shaped the predominant scenery of governance and opportunism?

  4. 4

    Comment on the role market forces play in corporate governance.

  5. 5

    How would you describe the state of corporate social responsibility in Nigeria?

  6. 6

    What are the problems facing effective corporate governance in Nigeria?

  7. 7

    How do you regard the efficiency of the Federal Government in promoting/ensuring good corporate governance in Nigeria?

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Adegbite, E., Nakajima, C. Corporate governance and responsibility in Nigeria. Int J Discl Gov 8, 252–271 (2011). https://doi.org/10.1057/jdg.2011.2

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