1st Edition

Enhancing Board Effectiveness Institutional, Regulatory and Functional Perspectives for Developing and Emerging Markets

    416 Pages
    by Routledge

    416 Pages
    by Routledge

    Enhancing Board Effectiveness seeks to examine the conceptualization and role of the board in a variety of contexts and articulate solutions for improving the effectiveness of the board, especially in developing and emerging markets. Enhancing Board Effectiveness with therefore address the following central questions:

    • To what extent is the concept and role of the board evolving?

    • What rights, powers, responsibilities and other contemporary and historical experiences can enhance the effectiveness of the board, especially in the particular contexts of developing and emerging markets?

    • What socio-economic, political, regulatory and institutional factors/actors influence the effectiveness of the board and how can the policies and practices of such actors exert such influences?

    • In what ways can a reconstructed concept of the board serve as a tool for theoretical, analytical, regulatory and pragmatic assessment of its effectiveness?

    In examining this issues, Enhancing Board Effectiveness will investigate theoretical, socio-economic, historical, empirical, regulatory, comparative and inter-disciplinary approaches. Academics in the relevant fields of accounting, behavioural psychology/economics, development studies, financial regulation, law and management/organizational studies, political economy and, public administration will find this book of high interest.


    Foreword by Professor Emilios Avgouleas

    Chapter 1

    Introduction: Enhancing Board Effectiveness – Institutional, Regulatory and Functional Perspectives for Developing and Emerging Markets

    Onyeka K. Osuji, Franklin N. Ngwu, Chris Ogbechie and David Williamson

    Chapter 2:

    Principles of Corporate Governance and Effective Board

    Folajimi Ashiru, Franklin Nakpodia and Emmanuel Adegbite

    Chapter 3

    Codes for Boards of Directors: A Law and Morality and Organisational Differences Perspective

    David Williamson & Gary Lynch-Wood

    Chapter 4

    The Nature of Boards in Developing and Emerging Markets

    Chris Ogbechie

    Chapter 5: Corporate Governance and Business Growth: Evidence from China

    Jia Liu; Moshfique Uddin; Anup Chowdhury & Christopher Muganhu

    Chapter 6

    Board Effectiveness: Do Committees Really Matter? Evidence from Turkey

    Emek Toraman Çolgar

    Chapter 7

    Individualism in Boards or Directors: Why Good Board Members Make Bad Decisions

    Chris van der Hoven and Kalu Ojah

    Chapter 8

    Tone at the Top, Organizational Culture and Board Effectiveness

    Surendra Arjoon

    Chapter 9

    Institutions and Board Effectiveness: Any Link? The United Kingdom, United States and Nigeria in Perspective

    Francis Okanigbuan

    Chapter 10

    Club Theory and Directors’ Performance Evaluation

    Onyeka K. Osuji

    Chapter 11

    Corporate Governance Codes for Public Sector, Private Sector and Not-for Profit Boards- Varied Rules and Structure or One size fits all

    Olawale Ajai

    Chapter 12

    Reporting by the Companies: Development and Challenges

    Indrajit Dube & Mia Mahmudur Rahim

    Chapter 13

    Director’s Selection, On-boarding and Disqualification Process

    Chris Ogbechie

    Chapter 14

    Directors’ Duties and Accountability, Personal Liability and Lifting the Veil of Incorporation

    Ngozi Okoye

    Chapter 15:

    Money laundering, Tax havens and Transparency: Any role for the Board of Directors of Banks?

    Euphemia Godspower-Akpomiemie and Kalu Ojah

    Chapter 16

    The Journey to Board Effectiveness: The Case of Indonesia

    Sylvia Veronica

    Chapter 17

    Board Roles in Business Groups and Multinational Enterprises in Emerging Markets

    Gül Okutan Nilsson

    Chapter 18

    The Board in the Financial and Social Performance of Firms

    Ogechi Adeola and Eugene Ohu

    Chapter 19

    Director Remuneration in Developing and Emerging Markets: Issues, Challenges and Prospects

    Franklin N. Ngwu

    Chapter 20

    Board Composition and Diversity in Developing and Emerging Markets

    Enase Okonedo

    Chapter 21

    Shareholders and Institutional Investment

    Kalu Ojah and Chris van de


    Franklin N. Ngwu is a Senior Lecturer in Strategy, Finance and Risk Management, Lagos Business School, Pan-Atlantic University, Nigeria.

    Onyeka Osuji is a Reader in Law and Coordinator of the Commercial Law Research Cluster, School of Law, University of Essex, UK.

    Chris Ogbechie is a Professor of Strategic Management and Corporate Governance, Lagos Business School, Pan- Atlantic University, Nigeria.

    David Williamson is an Honorary Senior Research Fellow, School of Law, University of Manchester, UK.