Nigerian Supreme Court issues guidance on <i>locus standi</i> of collecting societies

Okorie, Chijioke

doi:10.1093/jiplp/jpy139

Cited by 1 publication

(2 citation statements)

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“…There are two types of laws: general laws and industry-specific legislation. The sector-specific rules only apply to businesses that operate within their particular sector or industry, while the general laws apply to all entities formed in Nigeria [36]. The general laws are as follows:…”

Section: Corporate Governance In Nigeriamentioning

confidence: 99%

“…The Banks and Other Financial Institutions Act (BOFIA) and the Insurance Act are two examples of industry-specific laws (IA). The CAMA is the primary law that defines the broad parameters of the Nigerian corporate governance regime [36]. Private companies, limited by shares or guarantees, limitless corporations, and public companies, which shares can only limit, are all described as possible forms of incorporation.…”

Section: Corporate Governance In Nigeriamentioning

confidence: 99%

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Sound Corporate Governance and Financial Performance: Is There a Link? Evidence from Manufacturing Companies in South Africa, Nigeria, and Ghana

Mensah

Bein

2023

Sustainability

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The study aimed to compare the effect of sound corporate governance on manufacturing companies in South Africa, Nigeria, and Ghana on financial performance. The study used a purposive sampling method to select 60 manufacturing companies, of which twenty-nine (29) were from South Africa, 17 were from Nigeria, and 14 were from Ghana. The study employed GMM and FMOLS to estimate the effect of corporate governance on the firm’s financial performance. According to the study, South Africa has the longest average board tenure at 7.85 years, followed by Nigeria at 4.7 years and Ghana at 3.9 years. The average board tenure was found to have a positive and statistically significant effect on the return on invested capital (ROIC) of the firms in South Africa and Ghana, and a positive and statistically insignificant effect was found for the firms in Nigeria. The study indicated that the firms in South Africa have the highest percentage of female directors at 24.26%, followed by Ghana at 17.8% and Nigeria at 17.3%. The study showed that female representation on the corporate board has a positive and statistically significant effect on all firms’ return on net operating assets (RONOA). The study provides policy implications for shareholders, boards of directors, and other stakeholders by enabling them to build confidence in the corporate governance structure of manufacturing companies in the three countries.

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Section: Corporate Governance In Nigeriamentioning

confidence: 99%

Section: Corporate Governance In Nigeriamentioning

confidence: 99%