ABSTRACT
This
research is centered on effect ofcorporate governance on the
financialperformance ofthree listed commercial banks in Nigeria. The research
formulated three specific objectives; to determine the effect ofcorporate
governance on returns on equityfor the selectedNigerian banks, to examine the
effect ofcorporate governance on returns on asset for the selected commercial
banks in Nigeria, to and ascertain the effect ofcorporate governance on
earningsper share ofthe selected commercial banks. Thus, research questions and
research hypotheses were structured in accordance with the.specific objectives.
In a bid to achieve a meaningful research study work, this research will review
related literatures on the effect of corporate governance on the financial
performance which were sub-divided into three subheadings such conceptual
framework, theoreticalframework and empirical review. However, in the quest to
perfect this research; exfacto research design was adopted were data was
sourced secondarily through annual report of three selected banks (First bank,
UBA and GT bank) which serves as the instrument. The data sourced covered the
range of2008 — 2018. Simple regression statistical technique based on Eview 8
was used to analyze the data collected. Thus, the followingfindings were made
based on the analysis that corporate governance has a significant impact on
return on equity ofselected commercial banks, that corporate governance has a
significant impact on return on asset of selected commercial banks and that
corporate governance has a significant impact on return capital employed of
selected commercial banks. Sequel to the findings and conclusion, the research
made the following recommendations that the determination ofwhat an optimal
board size should be is still without unanimity. Nevertheless, this study
re-affirms that board size is a significantfactor in the determination
offinancial performance. Hence, it is recommended that commercial banks should
take into cognizance what an optimal board size should be in formulating code
ofcorporate governance that based on the findings it is suggested that banks
may need to revisit the issue offrequency of board meetings. Attention should
be focused and targeted at efficiency of board meetings rather than frequency
and that corporate governance committee of banks should endeavour to carry out
a regular appraisal of their corporate governance compliance status as it
affectsfinancial performance. This is because the study was able to identify
that corporate governance has an impact onfirmperformance
HART, C (2024). Impact of Corporate Governance on the Performance of Banks in Nigeria:- Hart Nancy C. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-corporate-governance-on-the-performance-of-banks-in-nigeria-hart-nancy-c-7-2
CHIDINMA, HART. "Impact of Corporate Governance on the Performance of Banks in Nigeria:- Hart Nancy C" Mouau.afribary.org. Mouau.afribary.org, 07 Aug. 2024, https://repository.mouau.edu.ng/work/view/impact-of-corporate-governance-on-the-performance-of-banks-in-nigeria-hart-nancy-c-7-2. Accessed 30 Oct. 2024.
CHIDINMA, HART. "Impact of Corporate Governance on the Performance of Banks in Nigeria:- Hart Nancy C". Mouau.afribary.org, Mouau.afribary.org, 07 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-corporate-governance-on-the-performance-of-banks-in-nigeria-hart-nancy-c-7-2 >.
CHIDINMA, HART. "Impact of Corporate Governance on the Performance of Banks in Nigeria:- Hart Nancy C" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-corporate-governance-on-the-performance-of-banks-in-nigeria-hart-nancy-c-7-2