The politics of shareholder activism in Nigeria
Date
2012Abstract
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.
Description
Citation : Adegbite, E., Amaeshi, K. and Amao, O. (2012) The politics of shareholder activism in Nigeria. Journal of Business Ethics 105 (3), pp. 389-402.
Research Group : Centre for Research on Organisational Governance
Peer Reviewed : Yes