Corporate Crimes In Nigeria's Capital Market:

Nature, Prevention, And Solutions

von Terungwa Erastus Doove, Basil Terungwa Azua, Apav Bernard Myom

112 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

Corporate crimes in Nigeria's capital market significantly undermine economic stability and investor confidence. This book examines the nature, prevention, and solutions to these crimes, which include fraud, insider trading, and mismanagement. Such activities erode trust and transparency, leading to financial losses and a decline in public confidence, notably highlighted by the market's collapse in 2008. Preventive measures are essential, with regulatory bodies like the Securities and Exchange Commission (SEC) playing a critical role. Enhanced collaboration among regulatory agencies, strengthened legal frameworks, and improved enforcement by agencies such as the Economic and Financial Crimes Commission (EFCC) is vital for deterring corporate misconduct. To combat these issues, recommendations include stricter penalties for offenders, fostering ethical business practices, enhancing transparency through robust reporting mechanisms, and encouraging whistle blowing. By implementing these solutions, Nigeria can restore integrity in its capital market and promote sustainable economic growth.

• Themen: Recht Rechtswissenschaft, allgemein
• ISBN: 9786208421571
• Sprache: Englisch
• Erscheinungsdatum: 06.01.2025
• Größe: 220 x 150 mm
• Verlag: LAP LAMBERT Academic Publishing