Louise Osemeke
Regulatory multiplicity and conflict: towards a combined code on corporate governance in Nigeria
Osemeke, Louise; Adegbite, Emmanuel
Authors
EMMANUEL ADEGBITE EMMANUEL.ADEGBITE@NOTTINGHAM.AC.UK
Professor in Accounting and Corporate Governance
Abstract
Given the multiplicity of codes designed to regulate different stakeholders in terms of promoting good corporate governance, this paper examines areas of conflicts amongst the various codes and the associated implications for corporate governance practices and regulatory compliances by public listed Nigerian firms. Using the conflict-signalling theory for developing the conceptual framework, this study examines the proliferation of codes in Nigeria, through a mixed method approach to provide an exploratory account of the implications of corporate governance regulatory multiplicity. Evidence suggests the presence of conflict among the various codes which contributes to reduced compliance by firms and ineffective enforceability by regulatory agencies, which both impede good corporate governance in Nigeria. The findings advance conflict-signalling theory as an important framework for understanding the implications of the conflicts arising from the multiplicity of codes. Paper Type: Research paper.
Citation
Osemeke, L., & Adegbite, E. (2016). Regulatory multiplicity and conflict: towards a combined code on corporate governance in Nigeria. Journal of Business Ethics, 133(3), 431-451
Journal Article Type | Article |
---|---|
Acceptance Date | Sep 14, 2014 |
Online Publication Date | Sep 26, 2016 |
Publication Date | Feb 5, 2016 |
Deposit Date | Dec 5, 2018 |
Publicly Available Date | Jan 22, 2019 |
Print ISSN | 0167-4544 |
Electronic ISSN | 1573-0697 |
Publisher | BMC |
Peer Reviewed | Peer Reviewed |
Volume | 133 |
Issue | 3 |
Pages | 431-451 |
Keywords | Corporate governance; multiplicity; Code of corporate governance; Developing countries; Nigeria; Conflict-signalling theory |
Public URL | https://nottingham-repository.worktribe.com/output/1367455 |
Publisher URL | https://link.springer.com/article/10.1007%2Fs10551-014-2405-3 |
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