期刊名称:International Journal of Applied Behavioral Sciences
出版年度:2015
卷号:10
页码:44-50
语种:English
出版社:Behavioral Sciences Research Center Of (SBMU)
摘要:Proponents of corporate governance code insist that it is the legitimate means of raising standards as opposed to legislative solution in most of the economies in the world. However, in Nigeria’s case, the most sensible approach is to focus on law enforcement rather than developing new laws and codes. The agency theory is the theoretical foundation on which this paper is rooted. Anecdotal studies in support of the agency theory are disclosed. The CBN statutory mechanisms of the financial sector are highlighted for economic growth in Nigeria.