Institutional shareholder activism in Nigeria: An accountability perspective
本研究采用定性方法，考察尼日利亚机构股东如何看待股东协会参与股东积极主义，并分析问责的三个特征（辩证活动、独立性和议程）如何影响机构股东的认知。
Research has identified institutional shareholders and shareholders’ associations as separate groups that are able to interact and promote accountability through shareholder activism. This study employs a qualitative methodology to critically evaluate how institutional shareholders perceive the participation of Nigerian shareholders’ associations in shareholder activism. We examine three features of accountability that are vital in shareholder activism; dialectical activity, independence and agenda. We contribute to the accountability literature by showing how these three features shape institutional shareholders’ perception of shareholders’ associations as shareholder activists. Our findings show distinct differences between the views of representatives from active and passive institutional shareholders.