Role of Corporate Governance in Attracting Foreign Investments in Nigeria

Dombin, Amos N.

doi:10.18052/www.scipress.com/ILSHS.19.148

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Role of Corporate Governance in Attracting Foreign Investments in Nigeria

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Abstract:

Corporate Governance is a system of financial and other controls in a corporate entity and broadly defines the relationship between the Board of Directors, senior management and shareholders. Globalization and liberalization is sweeping across all sectors of economy with rising problems, risks, challenges more pronounce in developing economies. The position of Nigeria in global Transparency is among top ten from the rear and with continuous rise in the number of business collapsed, only organizations that adopt good Corporate Governance and best practices will survive and attain sustainable growth level locally and internationally in this competitive business environment. This paper examined the concept of Corporate Governance, its background in Nigeria, principles, importance/objectives as well as benefits to the Nigerian economy in terms of local and foreign investments.

Info:

Periodical:

International Letters of Social and Humanistic Sciences (Volume 19)

Pages:

148-157

DOI:

https://doi.org/10.18052/www.scipress.com/ILSHS.19.148

Citation:

A. N. Dombin, "Role of Corporate Governance in Attracting Foreign Investments in Nigeria", International Letters of Social and Humanistic Sciences, Vol. 19, pp. 148-157, 2014

Online since:

December 2013

Authors:

Amos N. Dombin

Keywords:

Corporate Governance, Ethical Issues, Investment

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Open Access

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Creative Commons Attribution 4.0 International License

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