In courts we dont trust: Institutional Framework in the context of developing economy

Kingsley Omeihe, Veronica Gustafsson, Abiyemi Omeihi, Isaac Oduro Amoako, Mohammad Saud Khan

Research output: Contribution to conferenceAbstract

Abstract

In this paper, we examine with particular interest the mechanism of trust in Nigeria’s unique socio-economic landscape. This becomes pertinent as formalised institutional arrangements such as courts and legal structures appear to be underdeveloped. We theorise by drawing on the concept of institutional rivalry as it presupposes an understanding of alternative institutional forms operating in parallel to deficient formal institutions. Guided by the investigation of 36 exporting Nigerian SMEs, we reveal how entrepreneurs were found to rely on cultural specific relationships to address the limitations of weak and deficient state backed institutions. At its center, we describe how entrepreneurs relied on indigenous institutions such as ties to family and kinship, chieftaincy, religion and trade associations in resolving disputes during exporting. The findings reached in this study provide well founded and valid insights into the role of trust within Nigeria and other parts of Africa.
Original languageEnglish
Pages1
DOIs
Publication statusPublished - 29 Jul 2020
Event80th Annual Meeting of the Academy of Management - Vancouver, Canada
Duration: 7 Aug 202011 Aug 2020
Conference number: 80

Conference

Conference80th Annual Meeting of the Academy of Management
Abbreviated titleAOM
CountryCanada
CityVancouver
Period7/08/2011/08/20

Keywords

  • trust
  • indigenous Institutions
  • SMEs
  • africa
  • exporting

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    Omeihe, K., Gustafsson, V., Omeihi, A., Amoako, I. O., & Khan, M. S. (2020). In courts we dont trust: Institutional Framework in the context of developing economy. 1. Abstract from 80th Annual Meeting of the Academy of Management , Vancouver, Canada. https://doi.org/10.5465/AMBPP.2020.11414abstract