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- W2945292164 abstract "In this paper, we caution the widely-held notion in the literature that institutions act as a check on the behavior of economic actors, by examining the role of elites as shapers of institutional effectiveness. As the literature on the institutional theory of corporate governance has paid limited attention to the role of elites, we show the extent to which corporate governance is a reflection of elitist influences in developing countries. Employing Nigeria as the study context and engaging a qualitative content analysis methodology, we highlight the relationship between the effectiveness of corporate governance mechanisms and elitist preferences and interventions. In doing this, we identify three elitist groups which shape the legitimacy and effectiveness (or otherwise) of the institutional drivers of corporate governance, especially in weak institutional contexts. We demonstrate that understanding the influence of elites is central to achieving good corporate governance in such environments." @default.
- W2945292164 created "2019-05-29" @default.
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- W2945292164 date "2017-08-01" @default.
- W2945292164 modified "2023-10-16" @default.
- W2945292164 title "Corporate Governance and Elites" @default.
- W2945292164 doi "https://doi.org/10.5465/ambpp.2017.11495abstract" @default.
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