CORPORATE GOVERNANCE

This book attempts to explain obstacles to economic prosperity because of corporate governance issues in organizations and government institutions. In post-colonial Africa, we seek to explore the cold war and the rise of dictators with support from the East and West, the decline of democracy and the rise of tyranny and tribal and religious conflicts; Neocolonialism and the use of financial institutions to mingle in countries domestic policies. In Africa like in most parts of emerging continents, the vast amount of corruption in corporate organizations (government companies), the awarding of government contracts and the custom sector leading to enormous cost of doing business and tax evasion, corrupt insurance sector leading in insecurities in investments, corrupt judiciary, the police and the army, and the theft of funds for state arms and machinery, daily police bribery and unreliable justice system and the vulnerability of the poor is a great impediment to promotion of business environment.