ABSTRACT
This work
examines the effect of the corporate Governance Attributes on earnings of
quoted consumer goods of manufacturing companies in Nigeria. Specifically the
study set out to achieve the following objective: to examine the effect of the board size on earnings per share (EPS) of
consumer goods manufacturing companies in Nigeria; to investigate the effect of
the board independence on Earnings per share (EPS) of consumer goods manufacturing
companies in Nigeria; to determine the effect of the Audit Committee Size on
earnings per share (EPS) of consumer goods manufacturing companies in Nigeria
and to examine the effect of the frequency of board meetings on earnings per
share (EPS) of consumer goods manufacturing companies in Nigeria. Data for the
study were extracted from the annual reports of the selected quoted
manufacturing firms. The Hypotheses were subjected to statistical test using
the Hausman Test and Panel Technique of the multiple regression analyses
methods. A significant outcome of the study is that corporate Governance
attributes have positive and significant relationship with the earnings of
quoted consumer goods manufacturing companies in Nigeria. Specifically, Board
meetings, Board independence, Board size all have positive relationship with
earnings per share of the quoted consumer goods manufacturing companies.
However, the relationship of Board independence, though it was positive, it was
also insignificant. Furthermore, the size of the audit committee had negative
and insignificant relationship with earnings of the quoted consumer goods
manufacturing firms. A major
implication of these findings is that compliance with code of corporate
governance as issued by regulatory authorities will support enhanced the Earnings
of Manufacturing companies in Nigeria. Accordingly, the study recommends among
other things that Quoted Manufacturing companies in Nigeria should be
encouraged to comply with code of corporate governance since it enhances their
Earnings. Conclusively, the study has shown that the right application of
corporate governance attributes in Nigeria will be of immense benefit to all
corporate stakeholders.
IDIONGETTE, I (2024). Effect Of Corporate Governance Attributes In Earnings Of Consumer Goods Manufacturing Companies In Nigeria:- Idiongette, Mkpouto I. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-attributes-in-earnings-of-consumer-goods-manufacturing-companies-in-nigeria-idiongette-mkpouto-i-7-2
IDIONGETTE, IDIONGETTE. "Effect Of Corporate Governance Attributes In Earnings Of Consumer Goods Manufacturing Companies In Nigeria:- Idiongette, Mkpouto I" Mouau.afribary.org. Mouau.afribary.org, 30 Apr. 2024, https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-attributes-in-earnings-of-consumer-goods-manufacturing-companies-in-nigeria-idiongette-mkpouto-i-7-2. Accessed 31 Oct. 2024.
IDIONGETTE, IDIONGETTE. "Effect Of Corporate Governance Attributes In Earnings Of Consumer Goods Manufacturing Companies In Nigeria:- Idiongette, Mkpouto I". Mouau.afribary.org, Mouau.afribary.org, 30 Apr. 2024. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-attributes-in-earnings-of-consumer-goods-manufacturing-companies-in-nigeria-idiongette-mkpouto-i-7-2 >.
IDIONGETTE, IDIONGETTE. "Effect Of Corporate Governance Attributes In Earnings Of Consumer Goods Manufacturing Companies In Nigeria:- Idiongette, Mkpouto I" Mouau.afribary.org (2024). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-attributes-in-earnings-of-consumer-goods-manufacturing-companies-in-nigeria-idiongette-mkpouto-i-7-2