Shareholder's Declining Influence

People
1143 VIEWS
Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp
Proshare

Monday, August 10, 2020 / 05:00 AM / By Proshare Research / Header Image Credit: EcoGraphics


 Proshare Nigeria Pvt. Ltd.


Shareholder's influence over Board action used to be strong during the years of late Mr. Akintunde Asalu was President of Nigeria's premier shareholder's association. Since the Asalu days, a few other associations have emerged, but the collective impact of these associations have been tame.

 

The less powerful corporate shareholders are, the less transparency and internal control shareholders expect to see. The more vocal corporate shareholder lobbyists are in influencing Board decisions the more integrity there is in the running of businesses.

 

The best combination of shareholder and Board power is where both are strong. The strength of both corporate parties ensures that management is effective and efficient and return on equity (ROE) is high and sustained.

 

Weak shareholders allow Boards to become complacent; this in part explains why poor performing companies tend to delist from the Exchange as soon as they realize that they may be on the path to recovery, hard-pressed Boards do not want their affairs on the pages of newspapers or online media and opt to keep their operations beyond prying public eyes.


 Proshare Nigeria Pvt. Ltd.


Illustration 12: Shareholders Power Matrix

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Downloadable Versions of 2020 Report (PDF)

1.      Executive Summary: CEO Remuneration 2020 Report - Paying the CEO in a Pandemic; The Unanswered Questions  July 30, 2020

2.     Full Report: CEO Remuneration 2020 Report - Paying the CEO in a Pandemic; The Unanswered Questions  July 30, 2020

 


Proshare Nigeria Pvt. Ltd.

 

Previous Year's Report and Links

1.          CEO Remuneration 2019 Report: Making Sense of the Numbers for Listed Companies in Nigeria  July 30, 2019

2.         Full Report: CEO Remuneration 2019 Report - Making Sense of the Numbers for Listed Companies in Nigeria   July 30, 2019

3.     All Quoted Companies IR Pages - Proshare MARKETS


 

Proshare Nigeria Pvt. Ltd.

 

Related News from CEO Remuneration 2020 Report

  1. Power In The Boardroom
  2. Executive Compensation and Shareholders Value Creation
  3. COVID-19 and The New Compensation Normal
  4. The Upside of Rationality
  5. Nigeria's Top Ten Income Earning Executives
  6. The Many Sides of CEO Compensation
  7. Executive Pay and Theoretical Approaches
  8. Between 2019 and 2020: Understanding The New Realities of CEO Remuneration
  9. CEO Remuneration 2020 Report - Paying the CEO in a Pandemic; The Unanswered Questions

Proshare Nigeria Pvt. Ltd.

Related News

1.      Top 10 highest earning CEO's in Nigeria - Nairametrics - July 10, 2020

2. Tinubu, Avuru top list of highest paid CEOs of quoted Nigerian companies - BusinessDay - April 23, 2019

3.     Memo To AMCON: Nigerian Tax Payers are not Responsible for Repayment of Bad Debt

4.     Much Ado About the FIRS' 6% Stamp Duty on Leases

5.     An Unexpected Rise in the FAAC Payout in July 2020

6.     A Strong COVID-19 Response, and a Road to Recovery

7.     Unemployment in Today's Recession Compared to the Global Financial Crisis

8.     Teleworking is Not Working for the Poor, the Young, and the Women

9.     Coronanomics (1) - Understanding the Realities of an Impending Recession

10.  PepsiCo Elects Segun Agbaje To Board Of Directors

11.   DANGCEM Appoints Michel Puchercos As Group CEO; Joseph Makoju Retires

12.  Michel Puchercos Resigns As GMD Of Lafarge Africa Plc; Appoints Khaled Abdelaziz El Dokani

13.  Dangote Cement Plc Appoints Engr. Joseph Makoju as Managing Director

14.  Wale Tinubu named Young Global Leader

15.  ACCESS Notifies of Dealing in 0.73m Volume of Shares Worth N4.96m By Mr. Herbert Wigwe

16.  Adversity Teaches Us to Innovate - Jim Ovia, CON

17.  ETI Appoints Alain Nkontchou As Board Chairman

18.  FIDELITYBK Notifies of Board Changes; Appoints Mrs. Nneka Onyeali-Ikpe as CEO

19.  UNILEVER Announces the Resignation of Mr. Yaw Nsarkoh As Director

20. Emuwa resumes as Union Bank's boss on Thursday 

 

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP