2016
DOI: 10.1007/s10551-016-3208-5
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Neither Principles Nor Rules: Making Corporate Governance Work in Sub-Saharan Africa

Abstract: Corporate governance is often split between rulebased and principle-based approaches to regulation in different institutional contexts. This split is often informed by the types of institutional configurations, their strengths, and the complementarities within them. This approach to corporate governance regulation is mostly discussed in the context of developed economies and their regulatory demands. However, in developing and weak market economies, such as in Sub-Saharan Africa, there is no such explicit spli… Show more

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Cited by 52 publications
(30 citation statements)
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“…A review of qualitative studies (see, for instance, Adegbite, 2015;Nakpodia et al, 2016) Flick (2014) informed that in an interview-based study, it is important to decide whom to interview, and from which group. As this study focused on the connection between religion and corporate governance practices in Nigeria, a considerable number of interviewees (corporate executives) came from companies listed on the Nigerian Stock Exchange (NSE) (the foremost stock exchange in Nigeria).…”
Section: Methodsmentioning
confidence: 99%
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“…A review of qualitative studies (see, for instance, Adegbite, 2015;Nakpodia et al, 2016) Flick (2014) informed that in an interview-based study, it is important to decide whom to interview, and from which group. As this study focused on the connection between religion and corporate governance practices in Nigeria, a considerable number of interviewees (corporate executives) came from companies listed on the Nigerian Stock Exchange (NSE) (the foremost stock exchange in Nigeria).…”
Section: Methodsmentioning
confidence: 99%
“…Nakpodia et al (2016) traced corruption in Nigeria to the activities of its elites. The repetitive patterns of corruption have gradually become habitualised and rationalised thus attracting wider interest and 'patronage'.…”
Section: Systemic Corruptionmentioning
confidence: 99%
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“…Consequently, while this description captures the issues, difficulties and problems of corporate governance in developed countries falls short in explaining the complexity, challenges and of corporate governance in developing countries (Wanyama, Burton, and Helliar, 2009;Adegbite & Nakajima, 2012;Nakpodia et al, 2016). This is so because corporate governance in developing countries is faced with peculiar challenges, hurdles and problems that are different from their developed country counterpart (Ahunwan, 2002;Oman et al, 2003;Tsamenyi and Uddin, 2008).…”
Section: Introductionmentioning
confidence: 99%