Regulatory multiplicity and conflict: towards a combined code on corporate governance in Nigeria
Journal Publication ResearchOnline@JCUAbstract
Given the multiplicity of codes designed to regulate different stakeholders in terms of promoting good corporate governance, this paper examines areas of conflicts among 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.
Journal
Journal of Business Ethics
Publication Name
N/A
Volume
133
ISBN/ISSN
1573-0697
Edition
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Issue
3
Pages Count
21
Location
N/A
Publisher
Springer
Publisher Url
N/A
Publisher Location
N/A
Publish Date
N/A
Url
N/A
Date
N/A
EISSN
N/A
DOI
10.1007%2Fs10551-014-2405-3