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Corporate Governance in Africa: The Record and Policies for Good Corporate Governance Export

African Development Review, Vol. 13, No. 2. (2001), pp. 308-330.

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africa corporategovernance

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We survey, using international criteria, the institutional record for quality corporate governance in Africa. The record leads us to the conclusion that corporate governance in Africa is enriched by expanding the framework of analysis beyond the conventional criteria (homo economicus) to incorporate moral sentiments- the influence of norms and values. Such considerations, we argue, can improve our understanding of boardroom dynamics and the characteristics of the decision management and decision control they engender in 'Business Africa'. En utilisant des criteres internationaux, nous passons en revue les antecedents institutionnels en matiere de gouvernance de qualite dans les entreprises en Afrique. Sur la base de ces antecedents, nous pouvons conclure qu'en Afrique, la gouvernance institutionnelle est enrichie par l'elargissement du cadre d'analyse au-dela des criteres conventionnels (homo economicus), et l'inclusion des sentiments moraux, l'influence des normes et des valeurs. Nous soutenons que ces considerations nous permettront de mieux apprehender la dynamique des reunions de conseil d'administration ainsi que les caracteristiques de la gestion et du controle des decisions qu'elles engendrent dans "les affaires en Afrique".


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