Browsing by Author "Ugowe, Anthonia Omosefe"

Now showing 1 - 11 of 11
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    A Theoretical and Legal Perspective of Nigeria’s Corporate Governance Framework
    (Faculty of Law National Open University of Nigeria, 2019) Ugowe, Anthonia Omosefe
    Nations primary company law steers the corporate governance approach in the country. To ascertain the effectiveness of regulations, regulations should be evaluated from time to time. This paper study of the effect of Nigeria’s primary and ancillary companies laws, including the main theories that give effect to the ancillary regulation, found that the custodians of the Companies and Allied Matters Act 2020, the Code of Corporate Governance for Public Companies 2011 and the Regulation on the Adoption and Compliance with Nigerian Code of Corporate Governance 2018 do not provide sufficient information to enable the assessment the effect of the laws in Nigeria. The paper also questions the adaptability of transplanted corporate governance theories to Nigeria’s business environment. Nevertheless, the paper finds no dispute in the corporate governance approach in Nigeria's companies. Yet in a bid to avoid disputes, it recommends that companies' memorandum and articles of association contain provisions that clearly state and describe companies' corporate governance approach. Another recommendation is for policymakers to produce a regulation that in clear terms, supports company directors’ management approach so long as the directors pay attention to regulatory prescribed care and skill, and the same can be proved using the reasonable man standard. The final recommendation is for policymakers to produce similar regulations for different governance approaches.
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    Annexing Artificial Intelligence to the Corporate Governance of Small and Medium-scale Enterprises (SMEs) in Nigeria
    (Department of Business Law Obafemi Awolowo University, 2025) Ugowe, Anthonia Omosefe
    A company’s success is often rooted in its adherence to the principles of corporate governance. The major drivers of this success are usually the company boards, managers, and shareholders. These actors play a crucial role, from making quality decisions to ensuring proper management. However, in the face of the increasing use of data-driven solutions, these human actors are limited in meeting their conventional responsibilities. This has occasioned the need for the infusion of other complementary actors that will support the intelligence of human actors. This article details the significance of Artificial Intelligence (AI) in relation to corporate governance. Upon the examination and analysis of literature, the article makes a case for why companies, especially those within the corridors of Small and Medium-scale Enterprises (SMEs) need to adopt AI in virtually every area of their operations. It argues that, notwithstanding supporting arguments on the benefits of the use of AI, it is accompanied by many problems that make it discouraging to prospective users. However, it is noted that the accompanying problems can be solved through the establishment of AI regulatory frameworks. Significantly, this article acknowledges that the use of AI-powered tools in corporate establishments is not recognised by Nigerian Company laws like the Companies and Allied Matters Act (CAMA) 2020 and other enabling corporate governance codes within the Nigerian Corporate legislative frameworks. It recommends that existing company laws, corporate governance codes, and rules be overhauled to not only accommodate AI use but also to infuse regulatory clauses where necessary.
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    The Efficacy of Nigerian Laws in Controlling the Impact of Environmental Degradation
    (Benue State University Law Journal, 2014) Ojibara, Hameenat Bukola; Ugowe, Anthonia Omosefe
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    Is Disclosure a suitable mechanism for regulating Corporate Governance? Are existing disclosure mechanisms sufficient?
    (Confluence Journal of Jurisprudence and International Law, 2013) Ugowe, Anthonia Omosefe
    The primary purpose of this article was undertaken to find out if the disclosure by standard and premium listed companies in the United Kingdom(UK) is a suitable mechanism to regulate the corporate governance of such companies. It went further to determine if the disclosure mechanisms, be it mandatorily or voluntary are sufficient to regulate a company. If not, to identify remedial measures. This article thus studied the various disclosures made by standard and premium listed companies in the UK as it is, its problems and recommended other corporate governance mechanisms to support the disclosure mechanism used in regulating corporate governance so as to foster investors and potential investors confidence in investee companies.
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    Legal Response to Human Rights Challenges of Multinational Corporations in Nigeria
    (Nnamdi Azikiwe University Journal of International Law and Jurisprudence, 2015) Igbayiloye, Oluwatosin Busayo; Ojibara, Hameenat Bukola; Ugowe, Anthonia Omosefe
    The duty to protect human rights is no longer the sole duty of states but also that of other parties like the multinational corporations, companies and business enterprises which are all part of the private sector. This is because it has been observed that this sector, particularly multinational corporations also violate human rights as their operations have an effect whether positive or negative on the rights of a group of people which includes employees, customers and communities in which they operate. Hence, the subject matter of business and human rights is a trending issue at the international level. This paper discusses the problems posed by the private sector, specifically the multinationals, and how they violate human rights in Nigeria vis-a-vis the response by the government. The paper finds that the response is poor and the consequence is the increase in violation of human rights in the country. The study recommends that actions be taken to strengthen the laws and develop measures that directly relate to business and human rights. Having examined what is obtainable in other jurisdictions like South Africa and Australia, the study equally recommends that the government follow in their good footsteps.
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    The Nigerian Defence Academy as a Degree Awarding Institution: Need for a Reform of its Establishing Act
    (Port Harcourt Journal of Business Law, 2016) Ugowe, Anthonia Omosefe
    Following the arguments in support and against the Nigerian Defence Academy awarding degrees to its cadets, this paper sought to find a solution to these arguments by considering the Act of the Academy which grants it power to award such degrees. The National Universities Commission Act was also considered being the Act that regulates tertiary institutions education in Nigeria. In making its recommendations practical, University of Ilorin Act and National Open University Act was examined to represent the power given to conventional universities in Nigeria to award degrees to its students. The paper further examined the provisions of the Defence Academy of the United Kingdom, Royal Military Academy Sandhurst, Defence Academy of India, and the Seminary of All Saints Uhiele Ekpoma in awarding degrees to their cadets and seminarians respectively.
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    Property Rights as a Vehicle to Foster Economic Development
    (Joseph Ayo Babalola University Law Journal, 2014) Ugowe, Anthonia Omosefe; Ojibara, Hameenat Bukola
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    The Role of Trademarks (and the Brands they signify) as a Distinct Form of Economic Activity in the Global Economy
    (Joseph Ayo Babalola University Law Journal, 2015) Ugowe, Anthonia Omosefe; Ojibara, Hameenat Bukola
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    Takeovers as an effective mechanism for corporate governance
    (University of Ilorin Law Journal, 2015) Ugowe, Anthonia Omosefe; Igbayiloye, Oluwatosin Busayo; Ojibara, Hameenat Bukola
    This paper aimed at studying the market for corporate control as a vehicle to effectively and efficiently regulate the corporate governance of a company. Corporate governance found itself in the forefront of the discuss in the business and academic world as a result of high-level scandals which led to the collapse of hitherto strong multinational companies which were once thought to be sure bets. The need for the prevention of a reoccurrence of such scandals and improvement on a company’s corporate governance system has prompted this study. In the conclusion of this paper, a balanced approach was reached for the market for corporate control and other corporate governance mechanisms were provided to ensure that a company is properly managed.
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    The Concept of Contract and Law as the Basis for Decision-mmaking. In School Organisation and the Laws in Nigeria
    (Published by Obaguek Printing & Publishing Comp. Nig, 2025) Ugowe, Anthonia Omosefe