ABSTRACT
This study examines the effect of board characteristics on the profitability of public liability companies from 2010 to 2015. The study employs the
ex-post facto design method, data was collected using secondary source and the collected data was analyzed using regression analysis. The study found that board size has no effect on the profitability of firms and that board independence has effect on the profitability offirms and that CEO duality has a significant effect on the profitability offirms. Therefore, the researcher recommends that listed firms should put a good number of people on the board with diverse discipline, a more independent board will give' room for the interest of shareholders to be protected, need for CEO duality to curtail the excesses of board chairmen that can make decision outside the scope of the firms vision.
Tittle page
Declaration ..
Certification
Dedication
Acknowledgement
Table of contents
Abstract
CHAPTER ONE:INTRODUCTION
l.lBackground to the study 1
1.2 Statement of the problem 4
l.30bjectives of the study 6
l.4Research questions 6
1.5Research hypothesis 6
1.6 Scope of the study 7
1. 7 Significance of the study 7
l.8Limitations of the study 8
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 Conceptual review 9
2 .1 .1 Board size and firms performance 11
2.1.2 Board independence and firms performance 14
2.1.3 CEO duality and firms performance 15
2.2 Theoretical review 17
2.2.1 Agency theory by Jensen 18
2.2.2 Signaling theory 21 {
2.3 Empirical review 21
CHAPTER THREE: RESEARCH METHODOLOGY {I
3 .1 Research design 34
3 .2 Population of the study 34
3 .4 Sample size and sampling techniques 35
3.5 Sources of data 35
3 .6 Data 'analysis technique 36
3. 7 Definition of variables 36
3. 7 .1 Independent variable 36 i
3. 7 .2 Dependent variable 37 1
3. 8 Model specification 37 !
3. 9 Limitation of the methodology 38
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND DISCUSSION OF FINDINGS
4.1 Data presentation 39
4.2 Data analysis 39
4.2.1 Data validity rest 39
4.2.2 Descriptive statistics 40
4.2.3 Regression of the estimated model summary 42 I
4.2.4 Regression results 43 ~
4.3 Test of hypothesis 44 ,
4.4 Discussion of findings ยท
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION
AND RECOMMENDATION
5 .1 Summary of findings
5.2 Conclusions 48
5.3 Recommendations 48
5 .4 Limitations of the study 49
5.5 Suggestions for further research 50
REFERENCES
APPENDIX
ABANI, I (2021). Effect Of Board Characteristics On The Profitability of Public Liability Companies. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-board-characteristics-on-the-profitability-of-public-liability-companies-7-2
IBE, ABANI. "Effect Of Board Characteristics On The Profitability of Public Liability Companies" Mouau.afribary.org. Mouau.afribary.org, 01 Mar. 2021, https://repository.mouau.edu.ng/work/view/effect-of-board-characteristics-on-the-profitability-of-public-liability-companies-7-2. Accessed 30 Oct. 2024.
IBE, ABANI. "Effect Of Board Characteristics On The Profitability of Public Liability Companies". Mouau.afribary.org, Mouau.afribary.org, 01 Mar. 2021. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-board-characteristics-on-the-profitability-of-public-liability-companies-7-2 >.
IBE, ABANI. "Effect Of Board Characteristics On The Profitability of Public Liability Companies" Mouau.afribary.org (2021). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-board-characteristics-on-the-profitability-of-public-liability-companies-7-2