This paper reports the outcome of an empirical study on the relationship between corporate governance and firm performance of Small and Medium-Sized Enterprises in Nigeria. SMEs are the backbone of developing economies but the sector is found to be underperforming in Nigeria due to poor...

We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe's civil-law institutions; and (2) the corporation was the superior form...