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An exploratory study of CEO practices in an emerging economy

This study of CEOs in Nigeria sought to discover the practices that CEOs engaged in as
relevant and effective in an emerging economy. Twenty eight CEOs of national and
expatriate extraction running national and multi-national companies were interviewed to
understand their experiences of the contextual influences of an emerging economy and how
this impacted what they did, ie. their practices. In support of contingency theories that seek
to explain how effective leadership is the result of appropriateness of fit between particular
behaviours and particular situations , CEO practices in an emerging economy were found to
be attributable to the macro influences of an emerging economy, discovered in the Nigerian
environment to include: - undue government influence, unwholesome competitor practices,
short supply of skills and talent, inadequate social and physical infrastructure, a large
untapped market and poor government capacity to implement policies and laws. The
inclusion of previously unresearched but potentially relevant meso and micro influences of
company type and CEO nationality status led to the discovery of additional CEO practices
that were perceived to be relevant in an emerging economy context and the attribution of
differences in CEO practices to the individual or combined influence of these contexts. A
conceptual model derived from the findings of this study provided a new understanding of
the relationship between the macro influences of an emerging economy, the meso influence
of company type and the micro influence of CEO nationality status on CEO practices and the
intended outcomes of those practices. Practical knowledge about the development of business
leaders in an emerging economy has been extended as a result of deeper insights into the
contextually influenced and relevant CEO practices in an emerging economy.

Identiferoai:union.ndltd.org:CRANFIELD1/oai:dspace.lib.cranfield.ac.uk:1826/8417
Date10 1900
CreatorsJohnson, Omobola
ContributorsBailey, Catherine
PublisherCranfield University
Source SetsCRANFIELD1
LanguageEnglish
Detected LanguageEnglish
TypeThesis or dissertation, Doctoral, DBA
Rights© Cranfield University 2013. All rights reserved. No part of this publication may be reproduced without the written permission of the copyright holder.

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