Galvanising Shareholder Activism: A Prerequisite for Effective Corporate Governance and Accountability in Nigeria

Shareholder activism has been largely neglected in the few available studies on corporate governance in sub Saharan Africa. Following the recent challenges posed by the Cadbury Nigeria Plc, this paper examines shareholder activism in an evolving corporate governance institutional context and identif...

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Bibliographic Details
Authors: Amao, Olufemi (Author) ; Amaeshi, Kenneth (Author)
Format: Electronic Article
Language:English
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Published: Springer 2008
In: Journal of business ethics
Year: 2008, Volume: 82, Issue: 1, Pages: 119-130
Further subjects:B corporate accountability
B Corporate governance
B shareholder empowerment and activism
B Nigeria
B business law
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Summary:Shareholder activism has been largely neglected in the few available studies on corporate governance in sub Saharan Africa. Following the recent challenges posed by the Cadbury Nigeria Plc, this paper examines shareholder activism in an evolving corporate governance institutional context and identifies strategic opportunities associated with shareholders’ empowerment through changes in code of corporate governance and recent developments in information and communications technologies in Nigeria; especially in relation to corporate social responsibility in Nigeria. It is expected that the paper would contribute to the scarce literature on corporate governance and accountability in Africa.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-007-9566-2