期刊名称：International Journal of Finance and Accounting
印刷版ISSN：2168-4812
电子版ISSN：2168-4820
出版年度：2014
卷号：3
期号：1
页码：16-28
DOI：10.5923/j.ijfa.20140301.03
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：Following the publication and adoption of the 1992 Cadbury Report in the UK, many countries (including Nigeria) followed suite to develop their own Corporate Governance Codes and Guidelines for purposes of controlling and regulating corporate behavior. In Nigeria, the Central Bank of Nigeria and the Securities and Exchange Commission Codes of Corporate Governance (as reviewed till date) are the main Codes of Best Practices regulating the affairs of quoted firms. The main argument by free market advocates is that out of the quest to achieve corporate control and accountability, codes may be designed and framed in such manner that compliance efforts are directed more towards accountability which might lead to the thwarting of the entrepreneurial aspirations of firms. This study employs content and conceptual analyses techniques to evaluate the contextual and conceptual orientations of the corporate governance codes obtainable in Nigeria. Forty words each were coded for the concepts - Accountability and Enterprise. The results reveal that corporate governance codes in Nigeria emphasize more on achieving corporate accountability than free entrepreneurial objectives of firms. Given the theoretical and practical implications of the results, the study proceeds to suggest the need for conceptual balance in the development of corporate governance codes.
关键词：Corporate Governance Codes; Accountability; Enterprise; Content and Conceptual Analyses
