Institutional shareholder activism in Nigeria: An accountability perspective

被引：19

作者：

Uche, Chinyere O. ^{[1
]}

Adegbite, Emmanuel ^{[2
]}

Jones, Mike ^{[3
]}

机构：

[1] Univ Bristol, Sch Econ Finance & Management, Room 2-05,15-19 Tyndalls Pk Rd,Prior Rd Complex, Clifton BS8 1TU, England

[2] Univ Birmingham, Birmingham Business Sch, Room 153, Birmingham B15 2TT, W Midlands, England

[3] Univ Bristol, Sch Econ Finance & Management, Room 1-18,15-19 Tyndalls Pk Rd,Prior Rd Complex, Clifton BS8 1TU, England

来源：

ACCOUNTING FORUM | 2016年 / 40卷 / 02期

关键词：

Accountability theory; Agency theory; Institutional shareholders; Nigeria; Shareholder activism; Shareholders' associations; CORPORATE GOVERNANCE; OWNERSHIP; RITUALS;

D O I：

10.1016/j.accfor.2016.03.001

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Research has identified institutional shareholders and shareholders' associations as separate groups that are able to interact and promote accountability through shareholder activism. This study employs a qualitative methodology to critically evaluate how institutional shareholders perceive the participation of Nigerian shareholders' associations in shareholder activism. We examine three features of accountability that are vital in shareholder activism; dialectical activity, independence and agenda. We contribute to the accountability literature by showing how these three features shape institutional shareholders' perception of shareholders' associations as shareholder activists. Our findings show distinct differences between the views of representatives from active and passive institutional shareholders. (C) 2016 Elsevier Ltd. All rights reserved.

引用

页码：78 / 88

页数：11

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