Entrepreneurship has emerged as promising new solutions to solve societal problems. This study seeks is to analyses how entrepreneurial orientation (EO) i.e. proactiveness, competitive aggressiveness autonomy, innovation, and risk-taking influence firms' performance in Abuja. To fulfil this purpose, survey research design and a theoretical framework were developed depicting the different EOs and firm performance in its context. Sampling technique of simple random was adopted in which only one hundred and ten (110) SMEs in Abuja responded to the survey questionnaire and a total of ninetyseven (97) valid responses were judged to be appropriate. The descriptive statistics and as well as inferential statistical tool was used to analyses the data. It was revealed that proactiveness, risk-taking and autonomy are positive and significantly related to business performance while, competitiveness was positive but insignificant. It is recommended that similar studies should be replicated to validate this result.

The study investigates the interactive impact of tax planning and CG on firm value of the listed Nigerian consumer goods firms by examining whether this relationship is further strengthened or weakened in the presence of strong corporate governance. From the population of the entire 21 consumer goods firms of the Nigerian Exchange (NGX), 19 firms with complete data were selected as a sample. Data were collected from the annual reports of these firms and both descriptive and inferential analyses were employed to estimate the relationship between the variables. Tax planning was measured using the effective tax rate and book-tax difference, firm value using Tobin’s q, while corporate governance was measured using board independence. The fixed effect panel regression was used to estimate the relationship. The study revealed a positive relationship between tax planning (for both proxies) and firm value although the relationship is statistically insignificant (p = 0.0981 and 0.387). Also, there is limited evidence to support the assertion that the interactive effect of tax planning and firm value is significantly moderated by corporate governance (p = 0.818). The combined implication is that evidence on the moderating effect of corporate governance on tax planning and firm value is limited and should be interpreted with caution suggesting that more empirical research should be carried out in this area. In addition, shareholders should demand more disclosure of tax-related matters as this will help prevent information asymmetry, improve monitoring, and increase the value effectiveness of tax planning.

The aim of the paper is to further understand corporate governance by looking at Shareholder theory and Stakeholder theory to improve corporate governance practices in companies and to enable achieving set objectives. A conceptual approach of examining the concepts of corporate governance, shareholder theory and stakeholder theory, their similarities and differences for corporate governance purposes. Secondary sources and reviewed journal articles that discussed concepts were selected and used for the study through Content analysis and use of empirical evidence. The stakeholders’ theory has been proven to promote an inclusive system, that benefits stakeholders in any business or company in a globalised environment. Using both theories from a corporate governance perspective alone without consideration for other areas of the corporation is a limitation of study. Discussion of the theories contribute to understanding of corporate governance practice by corporations and the study will provide guidance for related research in the near future.

Purpose This paper aims to critically review the strategies for prevention of illicit financial flows to and from developing countries with a view of ascertaining the most effective strategies to be selected and implemented by developing countries to stem the scourge. Design/methodology/approach The peer-reviewed journal articles were studied; those that discussed illicit financial flows were selected and reviewed critically using the systematic quantitative assessment techniques together with an output table. Findings The critical review deduced that enacting effective trade laws, trade regulations, creating a beneficial ownership registry, multinational companies disclosing information on business, automatic exchange of information on tax issues, the Financial Action Task Force 40 guidelines on anti-money laundering and countering financing of terrorism and domestic and international cooperation are the most reliable strategies that should be implemented by developing countries. Research limitations/implications The wide geographic scope of developing countries, use of only high-quality databases that restricted the use of other articles and use of public sector perspective are the limitations for this paper. Originality/value This study is amongst the limited works to discuss the most reliable and effective strategies to prevent illicit financial flows in developing countries.

With the advancement in the global economy, corporate risk management has been more impactfully implemented by firms and equally become a topic of scholarly studies. However, most of these studies are from different contexts. The purpose of this study is to assess the relationship between enterprise risk management (ERM) structure and the financial performance of Nigerian listed Services Sector firms from 2010 to 2019. The study relates risk governance structure to firms financial performance. The ex post facto research design was adopted, and data were collected from the annual reports and accounts of selected firms with a complete set of data for the study. From the study population of 25 firms, a final sample of 21 Services Sector firms. Descriptive and inferential statistics of regression analysis stacked as panel data was employed for data analysis. The study results revealed that risk management committee had a negative and insignificant relationship with ROA but significant with Tobin-Q. The size of the audit committee, however, exhibited a positive and insignificant relationship with ROA but a significant relationship with Tobin-Q. Furthermore, the study revealed an insignificant negative relationship between board finance experts with all financial performance (both ROA & Tobin-Q). However, chief risk officer exhibited a positive and significant relationship with firm performance (both ROA & Tobin-Q). It was, therefore, concluded that although the firms have structures of ERM governance in place to meet the legal requirement, the innovations aimed at improving market evaluation are yet to be deeply rooted in the listed services firms in Nigeria. It contributed through evidence of mixed relationship between risk management structure and firm performance in an under-investigated context such as Nigeria. It was recommended that the firms should adopt effective risk management structural practices as a strategy for enduring growth and survival in the face of environmental complexity. Also, further research is suggested to extend the study by widening the scope and context of the research.