Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7414291 | Accounting Forum | 2018 | 15 Pages |
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.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Franklin Nakpodia, Emmanuel Adegbite,