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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Patterns and prospects of shareholding in recently indigenised public companies in Nigeria
Author:Soyode, AfolabiISNI
Year:1978
Periodical:The Nigerian Journal of Economic and Social Studies
Volume:20
Issue:3
Pages:331-350
Language:English
Geographic term:Nigeria
Subjects:shareholders
business
Africanization
Abstract:The Nigerian Enterprises Promotion Decree (NEPD), 1972, was designed to promote enterprises in which citizens of Nigeria would participate fully, or play a dominant role. The present paper provides some information about those who actually did acquire shares in response to the indigenisation decree and uses the data to evaluate the implementation of the stated indigenisation objectives. The paper discusses in turn: the data and methodology of the study; the results, noting in particular the geographical and occupational distribution of shareholders; the method of share allocation, the extent to which the objectives of the indigenisation policy have been net, and the implications of the results of the study for the future. Notes, tab.
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