Action steps for African Business Schools
2011-05-24 13:56:36 UTC
Case Study: Transnational Corporation of Nigeria
Title
Transnational Corporation of Nigeria
Author
Elegido, J; Akerele, T
Pages
14
Product Type
Reference #
708-012-1
Teaching Note
708-012-8
Institute
Setting
Nigeria
Year
2008
Keywords
Conflict of interest; Initial public offering; Fiduciary duties
Summary/
Abstract
Abstract
The Nigerian President, General Olusegun Obasanjo was closely involved in promoting TransCorp, a Nigerian company whose mission was 'to serve the global markets with premier products and services from world-class production centres based in Nigeria and managed by Nigerians'. The company was widely perceived to be receiving favourable treatment from several government agencies. Eventually a scandal erupted when it was found that President Obasanjo himself had invested personally in the company and stood to profit handsomely from his investment. The case is a vehicle to discuss conflicts of interest.
The Impact of AABS Video
"The impact of AABS Video" was filmed at the Gordon Institute of Business Science, Johannesburg and at the University of Cape Town Graduate School of Business, Cape Town during the AABS Members Meeting and Conference 2011.
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Reports on the AABS Members Meeting 2011 and Responsible Management in Africa Conference 2011
