The Nature of Shareholding in Nigeria: Evidence from the Banking Crisis

ยง EKITI STATE UNIVERSITY, ADO-EKITI, NIGERIA. EKITI STATE UNIVERSITY, ADO-EKITI, NIGERIA.

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The Nature of Shareholding in Nigeria: Evidence from the Banking Crisis

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Abstract

Introduction-When investors decide to buy shares or stocks in any company, there is the initial presumption that the company would in turn make profits which would then be delivered to them based on their investment. However, more often than not, there are cases where investors are faced with the situation whereby their investments could go down the drain due to bad corporate governance practices of the company-ies in which the investments are made. Bad corporate governance practices and indeed control fraud have led to insider abuse whereby directors have failed to perform their fiduciary duties in proper management of the companiesโ€™ assets.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Wole Iyaniwura. 2014. "The Nature of Shareholding in Nigeria: Evidence from the Banking Crisis". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 14 (GJMBR Volume 14 Issue B5).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification JEL Code: E59
G29
Version of record

v1.2

Issue date
September 3, 2014

Language
English
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The Nature of Shareholding in Nigeria: Evidence from the Banking Crisis

Wole Iyaniwura
Wole Iyaniwura <p>EKITI STATE UNIVERSITY, ADO-EKITI, NIGERIA.</p>