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Journal of Business Ethics

, Volume 82, Issue 1, pp 119–130 | Cite as

Galvanising Shareholder Activism: A Prerequisite for Effective Corporate Governance and Accountability in Nigeria

  • Olufemi Amao
  • Kenneth AmaeshiEmail author
Article

Abstract

Shareholder activism has been largely neglected in the few available studies on corporate governance in sub Saharan Africa. Following the recent challenges posed by the Cadbury Nigeria Plc, this paper examines shareholder activism in an evolving corporate governance institutional context and identifies strategic opportunities associated with shareholders’ empowerment through changes in code of corporate governance and recent developments in information and communications technologies in Nigeria; especially in relation to corporate social responsibility in Nigeria. It is expected that the paper would contribute to the scarce literature on corporate governance and accountability in Africa.

Keywords

business law corporate governance corporate accountability Nigeria shareholder empowerment and activism 

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Copyright information

© Springer Science+Business Media B.V. 2007

Authors and Affiliations

  1. 1.Faculty of LawUniversity CollegeCorkIreland
  2. 2.Warwick Business SchoolCoventryUK

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