Abstract

This study is focused to crystallize the essence and benefits accruable from the combination of Corporate Governance CG and Global Best Practice GBP and how Sub-Sahara Africa s SMEs can tap into it on adoption The study adopted analytical and qualitative approach as research methods via x-raying extant literature and models of best corporate governance In doing this various perspectives and driving mechanics of CG and GBPs were discussed across several cultures in the industrially advanced nations A framework of legislation and regulation by Ilori containing variables and actors in the system was illustratively discussed This framework received congruence from the CG template of Oso and Semui 2012 and the position paper of the Applied Corporate Governance of the USA 2015 To give deeper insights to the understanding of the perspectives and mechanics of CG and GBP the authors examined various models These include the Anglo-American model the Multi- stakeholder model along with other variants such as the market and network oriented models of corporate best governance Lessons drawn from these templates were lucidly discussed for the benefits of Sub-Sahara SME operators The study pin-pointed areas of nexus between the two concepts to include quality consciousness use of globally acceptable principles and rules creativity and innovation systemic nature of operations among others In concluding the study Sub-Sahara African SMEs were called upon to leverage on the benefits highlighted in the study for effective regional dominance and global positioning It is further suggested that entrepreneurs should have a sound business plan and adopt appropriate techniques and technologies in the creation of innovative and valued products services to announce their presence in the global market place