ABSTRACT
The
studyfocused on the effect ofcorporate governance on the financialperformance
ofbanks in Nigeria. An ex-post facto research design was adopted and data
collected from secondary sources were analysed using ordinary least square
techniques. From the regression resultfor the relationship between board size
and performance, the coefficient ofthe model isfound out to be negative
(-1.911), with a p- value of.053 significant at only 10%. This result shows
that board size and performance in terms ofROE move in opposite directions. The
negative relationship is also seen to be considerably important to the
performance ofbank. This indicates a significant negative effect of board size
on the financial performance of the listed banks. The result also revealed that
on the relationship between proportion of outside directors and financial
performance indicates that significant negative relationship exist between the
two variables. Furthermore the study revealed that findings revealed that a
strong positive relationship exist between the governance disclosure ofbanks
and the performance ofbanks in Nigeria. From the analysis above, the study
therefore conclude that there is no uniformity in the disclosure of corporate
governance practices made by banks in Nigeria. Though they all disclose their
corporate governance practices, but what is disclosed does not conform to any
particular standard. The banks do not disclose in general how their debts are
performing, by providing a statement that expresses outstanding debts in terms
oftheir ages and due dates. This is however done for insider-related debts in
some banks. The insider-related debts are expected to form an insignificant
part ofthe debts ofthe banks and so may provide an adequate picture ofthe risk
profile ofthe banks. The study recommends that Efforts to improve corporate
governance should focus on the value ofthe stock ownership ofboard members,
since it is positively related to both future operating performance and to the
probability of disciplinary management turnover in poorlyperforming banks.
MOSES, E (2024). Effect Of Corporate Governance On The Financial Performance Of Banks In Nigeria:- Moses Uchechukwu E. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-on-the-financial-performance-of-banks-in-nigeria-moses-uchechukwu-e-7-2
EMMANUEL, MOSES. "Effect Of Corporate Governance On The Financial Performance Of Banks In Nigeria:- Moses Uchechukwu E" Mouau.afribary.org. Mouau.afribary.org, 18 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-on-the-financial-performance-of-banks-in-nigeria-moses-uchechukwu-e-7-2. Accessed 30 Oct. 2024.
EMMANUEL, MOSES. "Effect Of Corporate Governance On The Financial Performance Of Banks In Nigeria:- Moses Uchechukwu E". Mouau.afribary.org, Mouau.afribary.org, 18 Jul. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-on-the-financial-performance-of-banks-in-nigeria-moses-uchechukwu-e-7-2 >.
EMMANUEL, MOSES. "Effect Of Corporate Governance On The Financial Performance Of Banks In Nigeria:- Moses Uchechukwu E" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-governance-on-the-financial-performance-of-banks-in-nigeria-moses-uchechukwu-e-7-2