Okeke, Chikamso Mmesoma (2022) Corporate governance and the financial performance of listed deposit money banks in Nigeria. Masters thesis, Dublin, National College of Ireland.
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Abstract
Since the CBN consolidation process in 2005, when the corporate governance code was introduced, corporate governance has gotten much attention from academics. Good corporate governance is required to effectively administrate organizational resources, especially in the banking business, where management and shareholders are separated. Prior research' sample sizes and periods, on the other hand, were insufficient for drawing broad generalizations, as most research in this study was conducted for a period of 5 to 6 years, with inadequate sample sizes. The findings indicated contradictory viewpoints on how corporate governance policies affect the financial performance of Nigeria's publicly traded deposit money banks. Corporate governance and the financial performance of listed deposit money banks in Nigeria was studied. The quasiexperimental design research design was used for the investigation. The population is the thirtythree (33) listed deposit money banks on Nigeria Stock Exchange (NSE) as at 31st December 2019. A sample size of eighteen (18) firms were selected and the period under review is 2010-2019 (10 years). The research's data came from the sampled companies' annual reports, and descriptive and inferential statistics were utilized to examine it. Based on statistical results, the study revealed that overall, low levels of Corporate Governance practices were seen among Nigerian listed companies, particularly when it came to several practices relating to the composition of the board of directors. It is however recommended that the Nigerian Capital Market Authority should encourage all Nigerian-listed companies to make more thorough Corporate Governance investments. Such an investment is crucial to enhancing the businesses' overall competitiveness.
Item Type: | Thesis (Masters) |
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Uncontrolled Keywords: | Corporate governance; Board composition; Board size; Audit Committee size; Bank financial performance |
Subjects: | D History General and Old World > DT Africa H Social Sciences > HG Finance > Banking H Social Sciences > HD Industries. Land use. Labor > Large Industry. Corporations. > Corporate Governance |
Divisions: | School of Business > Master of Science in Finance |
Depositing User: | Clara Chan |
Date Deposited: | 26 Oct 2022 11:04 |
Last Modified: | 26 Oct 2022 11:04 |
URI: | https://norma.ncirl.ie/id/eprint/5825 |
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