{"title":"Group Interests in Nigeria’s Companies and Allied Matters Act: a History of Subterranean Regulatory Capture","authors":"C. G. Nnona","doi":"10.1163/17087384-12340033","DOIUrl":null,"url":null,"abstract":"This article explores regulatory capture of aspects of company and securities law and the related law-making process by interest groups within Nigeria’s commercial and bureaucratic classes. Using several examples, the paper draws out the reach and character of these interests. The paper’s central argument is that the presence and reach of such group interests in Nigerian company law-making have hitherto been masked by the standard stylized rhetoric and presentation of company law and company law-making in Nigeria as formal, scripted affairs, but acknowledging these interests and delineating their contours conduce to their prophylaxis in law-making as well as their treatment in company law adjudication.","PeriodicalId":41565,"journal":{"name":"African Journal of Legal Studies","volume":" ","pages":""},"PeriodicalIF":0.2000,"publicationDate":"2018-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1163/17087384-12340033","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"African Journal of Legal Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1163/17087384-12340033","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"LAW","Score":null,"Total":0}
引用次数: 1
Abstract
This article explores regulatory capture of aspects of company and securities law and the related law-making process by interest groups within Nigeria’s commercial and bureaucratic classes. Using several examples, the paper draws out the reach and character of these interests. The paper’s central argument is that the presence and reach of such group interests in Nigerian company law-making have hitherto been masked by the standard stylized rhetoric and presentation of company law and company law-making in Nigeria as formal, scripted affairs, but acknowledging these interests and delineating their contours conduce to their prophylaxis in law-making as well as their treatment in company law adjudication.
期刊介绍:
The African Journal of Legal Studies (AJLS) is a peer-reviewed and interdisciplinary academic journal focusing on human rights and rule of law issues in Africa as analyzed by lawyers, economists, political scientists and others drawn from throughout the continent and the world. The journal, which was established by the Africa Law Institute and is now co-published in collaboration with Brill | Nijhoff, aims to serve as the leading forum for the thoughtful and scholarly engagement of a broad range of complex issues at the intersection of law, public policy and social change in Africa. AJLS places emphasis on presenting a diversity of perspectives on fundamental, long-term, systemic problems of human rights and governance, as well as emerging issues, and possible solutions to them. Towards this end, AJLS encourages critical reflections that are based on empirical observations and experience as well as theoretical and multi-disciplinary approaches.