An Overview of Financial Industry Restructuring: Corporate Governance and Ethics

In the transformation of organizations, in hypercompetitive environments, it is useful to have a mapping of the important strategic relationships that would enhance the performance of strategies before reconstruction begins. An important strategic planning step for the organization going through transformation is to understand and institute the concept and principles of corporate governance. This paper empirically found that Nigerian financial institutions have the structures and legal framework to implement effective corporate governance and ethics for the benefit of all stakeholders and the economy