Corporate Governance in Nigeria
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Date
2024
Authors
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Publisher
Faculty of Law, Kwara State University
Abstract
In recent years, the poor returns and inefficiencies of the state-owned enterprises (SOEs), globalization and international economic pressures, induced the Nigerian policymakers to adopt economic liberalization and deregulation programmes. Advocates of these reforms, including the International Monetary Funds (IMF) tout this route as the only and the most potent route for generating greater economic growth, but also for contributing to more responsible corporate governance. Recent occurrences such as the COVID-19 epidemic exacerbate the rot in the corporate sector and the importance of corporate governance in Nigeria. This chapter provides an account of the nature of corporate governance in Nigeria and investigates the prospects for recent reforms contributing to more responsible governance and development.
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Citation
Animashaun, O. (2024): Corporate Governance in Nigeria in Contemporary Issues in Law, Democracy and Good Governance Vol.1. Festschrift in Honour of Prof. Mike A.A. Ozekhome, SAN, Published by Faculty of Law, Kwara State University, Abiodun Amuda-Kannike, SAN et.al (eds.) 204-241. ISSN: 978-978-60275-9-X