scholarly journals The code of corporate governance in Nigeria: Efficiency gains or social legitimation?

2012 ◽  
Vol 9 (3) ◽  
pp. 262-275 ◽  
Author(s):  
Elewechi Okike ◽  
Emmanuel Adegbite

This paper is the first study which examines the rationale behind the adoption of corporate governance codes, the requirements of the codes and their operationalisation, and the effectiveness of the codes in addressing corporate governance abuses in the turbulent and endemically corrupt environment of sub Saharan Africa (Nigeria). It examines the extent to which the adopted Codes of Corporate Governance is as a result of international pressures or internally driven by the need for effective accountability to the shareholders, in a way which addresses the peculiar problems of corporate governance in Nigeria. Through the theoretical lens of efficiency gains and social legitmation, the paper found that the Code of Best Practices for Corporate Governance in Nigeria is driven more by social legitimacy pressures while the Code of Corporate Governance for Banks in Nigeria Post Consolidation, developed by the CBN, is predominantly aimed at pursuing efficiency gains.

Author(s):  
Stephen M. Mutula ◽  
Gbolahan Olasina

E-government if well implemented has the potential to reduce administrative bureaucracy and enhance development and service delivery. This chapter discusses strategies of e-government implementation in Sub-Saharan Africa and the implications for good governance, democracy, respect for human rights, accountability, integrity, and transparency. E-government in Sub-Saharan Africa is being undertaken in different administrative contexts and rationalities such as the need for reform, efficiency, and citizen-focus. An e-government implementation approach that facilitates and engenders the sharing of best practices, experiences, methods, and standards while reducing turnaround times and cost in project delivery would be desirable. This chapter is underpinned by UN e-government framework.


Author(s):  
Innocent Chirisa ◽  
Abraham Rajab Matamanda

The aim of this chapter is to interrogate and diagnose the concept of smart cities as it has been applied to Sub-Saharan Africa (SSA) in a bid to decrypt the opportunities and challenges characterizing its manifestation in space and actuality. The chapter is a product of the critical engagement of scholarly work that compares the best practices in the development and promotion of the smart city concept against those practices that are antithetical and retrogressive in light of this good cause. To crystallize the realities, the chapter makes use of case studies that speak to these contrasting experiences. Case studies in SSA reveal differential practices with South Africa emerging as a country doing very well relative to others in the region. Some cities, especially the small and intermediate ones, fail to break even in terms of the revenue collections. This is partly because they have failed to attract investment in the form of industries or retain them because of politically induced instabilities.


2019 ◽  
Vol 16 (08) ◽  
pp. 1950055
Author(s):  
Rian Marais ◽  
Sara S. Grobbelaar ◽  
Imke H. de Kock

The research addressed within this paper sets out to develop a framework towards facilitating health-related technology transfer (TT) to and within sub-Saharan African countries. In turn, this framework will attempt to alleviate healthcare burdens in developing nations through a combination of acquisitions and collaborative technology development. Systematic conceptual and comparative literature reviews have been conducted to identify the major characteristics of TT. The conceptual review has outlined the universal characteristics of TT such as TT methods, prominent stakeholders and the importance of knowledge transfer while the systematic comparative review exclusively evaluated sub-Saharan African healthcare TT characteristics such as infrastructure barriers and the marketability of the transfer object. The outcomes of the literature reviews have been clustered into five phases, forming the basis of the conceptual framework. This framework aims to guide a user through the phases of technology development, technology analysis, technology transfer method application, change management and commercialization by providing managerial best practices at each phase. The conceptual framework has been evaluated by incorporating the outcomes of 16 semi-structured interviews conducted with healthcare and TT industry experts. The final framework aims to provide guidelines for any stakeholder involved in healthcare technology transfer regardless of the healthcare implementation by highlighting best practices surrounding stakeholder co-creation, transfer method application and constructing a sustainable healthcare technology transfer venture.


2017 ◽  
Vol 17 (4) ◽  
pp. 748-769 ◽  
Author(s):  
Mirgul Nizaeva ◽  
Ali Uyar

Purpose The purpose of this paper is to comparatively analyze the corporate governance codes of transition economies, particularly five Eurasian Economic Union (EAEU) members (i.e. Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia). Specifically, the convergence or divergence of these countries’ corporate governance codes among themselves as well as relative to the best practices of the UK Corporate Governance Code (UK Code) and the OECD Principles of Corporate Governance are investigated. Design/methodology/approach Initially, the existing literature on corporate governance with special focus on transition countries is reviewed. Afterwards, benchmarking the international best practices, based on main chapters and contents, the corporate governance codes of all countries in the sample are analyzed. Findings The paper finds that even though some principles of the corporate governance codes of the countries in the sample differ in some aspects, they do converge to some extent. However, high misalignments between the UK Code and the OECD Principles and the codes of selected countries in some aspects were found. Research limitations/implications The conclusion and implications of the study characterize the corporate governance of selected developing countries; thus, they might not be generalizable to other countries. Practical implications The codes of the countries in the sample should be revised, and more specifications regarding the stakeholder, board structure, its subcommittees, independence, diversity and transparency issues need to be addressed. Originality/value The paper comprehensively analyzes the contents of corporate governance codes of transition countries; from both practical and academic point of view, it was important gap that needed to be fulfilled.


2018 ◽  
Vol 28 (1) ◽  
pp. 47-61 ◽  
Author(s):  
Mathews J. Phiri ◽  
Alistair George Tough

Purpose The purpose of this paper is to investigate the relationship between corporate governance and records management in the context of higher education in Sub-Saharan Africa. Design/methodology/approach This is a qualitative research taking the form of a collective case study of six institutions. Findings That good records management can and does contribute to effective corporate governance and accountability. However, this relationship is not necessarily present in all circumstances. Research limitations/implications That further corporatisation in higher education is likely to be supported by, and result in, better records management. Originality/value The paper proposes governance record keeping as an approach to managing records and documents in the world of governance, audit and risk.


2011 ◽  
Vol 8 (2) ◽  
pp. 47-50
Author(s):  
Emeka Offor

In Sub-Saharan Africa, and indeed in most emerging economies, national governments have in one way or the other (in varying degrees) intervened in the running of corporations. These interventions (usually referred to as reforms) have been eliciting discourses on whether Governments should show interest, be involved in the running of corporations, and also on the effectiveness of those interventions. This paper reviews the subject of this discourse with base reference on banking reforms initiated by various administrations in Nigeria over the decades, articulates lessons from the reforms, raises questions for further research and argues that corporations and markets should be self regulated. National governments should provide operational guidelines, enabling framework and put in place a sustainable mechanism for monitoring, and intervene only when the need arises. The paper also calls for the development of new governance architecture for banks and corporations in order to address emerging corporate governance realities.


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