Nakpodia, F orcid.org/0000-0001-7712-5328 (2020) Corporate ownership and control in an emerging market: A review. Journal of Governance and Regulation, 9 (3). pp. 40-48. ISSN 2220-9352
Abstract
The corporate ownership and control literature (Dai & Helfrich, 2016; Aminadav & Papaioannou, 2016) has reported inconsistent findings in varieties of capitalism. The limited scholarship in developing economies has contributed to this problem, as much of the research in this field focus on developed economies. Thus, this paper primarily reviews the corporate ownership and control literature in Africa’s largest economy (Nigeria) and identifies future research directions. The article commences by undertaking an overview of corporations in Nigeria, followed by a discussion of corporate ownership in the country. The paper then assesses the market for corporate control in Nigeria, unpacking the major issues that frustrate the protection of minority shareholders’ rights in the country. The paper concludes by evaluating the relationship between corporate ownership and firm performance to promote a better understanding of the prevalence of concentrated ownership in the country’s corporate environment. In summary, this article recaps past works, integrates contemporary thoughts, and proposes new scholarly and contextual directions that researchers could explore to deepen the existing knowledge about corporate ownership and control.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 The Author. This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0). https://creativecommons.org/licenses/by/4.0/ |
Keywords: | Corporate Ownership, Concentrated Ownership, Minority Shareholders, Institutional Environment, Takeover Market, Nigeria |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 08 Sep 2020 11:55 |
Last Modified: | 25 Jun 2023 22:24 |
Status: | Published |
Publisher: | Virtus Interpress |
Identification Number: | 10.22495/jgrv9i3art3 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:165215 |