Theoretical proposition of organizational attributes and monitoring mechanisms in Nigerian non-financial listed companies

The understanding and knowledge of monitoring mechanisms and organizational attributes are useful to the management, shareholders, government, regulatory and enforcement agents, board of directors, internal and external auditors and the public at large in any community. The knowledge of this subject matter has been on the rise because of its ability to resolve agency problems in organizations.The main objective of this paper is therefore to consider the conceptual and theoretical relationship between the organizational attributes and monitoring mechanisms as related to non-financial publicly listed companies in Nigeria. The study will also establish the impact of organizational attributes and monitoring mechanisms on the opportunistic attitudes of management with consideration of the implementation level of monitoring mechanisms in the non-financial listed companies in Nigeria. There is a need for more research on the monitoring mechanisms highlighted in the Nigerian code of corporate governance. This need is due to the scarcity of research on the relationship between organizational attributes and monitoring mechanisms in an emerging economy like Nigeria. The convergence to IFRS, which commenced of recent, also makes it a necessity to understand monitoring mechanisms and organizational attributes.