Okoro, Chineme Blessing (2016) Corporate Governance in the Nigerian Banking Sector – An Empirical Analysis. International Journal of Business & Law Research, 3 (4). pp. 52-67. ISSN 2360-8986
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Abstract
The study evaluated the extent to which the banking sector in Nigeria adhere to corporate governance principles and how the practice of corporate governance attracts investors to the sector. The survey research method was adopted and four commercial banks were selected for the study, namely: First Bank of Nigeria Plc, Eco Bank International, United Bank for Africa Plc and Diamond Bank Plc. Data for the study were obtained through a structured questionnaire. The Z-test and Chi-square statistical techniques were used to test the hypotheses. Findings from the study showed that adherence to corporate governance significantly attracts investors to the banking industry and an improvement in the sector’s performance in terms of improved profitability and return on investment. Based on these findings, the study recommends that banks should continue to explore various areas that would entrench corporate governance in the industry namely; the recruitment of qualified corporate managers, decentralization of strategic decisions making centres, separation of the office of Chairman of the Board and that of Chief Executive Officer to enable the Board exercise their oversight function.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | mrs chioma hannah |
| Date Deposited: | 25 Apr 2019 13:04 |
| Last Modified: | 25 Apr 2019 13:04 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/1292 |
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