Effect of Board Size on the Capital Adequacy of Money Deposit Banks

Okoro, Chineme Blessing and Nwadialo, Eugene O. (2018) Effect of Board Size on the Capital Adequacy of Money Deposit Banks. International Journal of Business, Economics and Entrepreneurship Development in Africa, 10 (4&5). pp. 56-62. ISSN 2360-9402

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Abstract

The aim of this study is to determine the effect of board size on the capital adequacy of money deposit banks. The research design adopted by this study is the quantitative approach. The population of interest for this study comprised the twenty-two deposit money banks listed on the Nigerian Stock Exchange (NSE) as at March (2016) for the period of sixteen years from 2000 to 2016. The study utilized only the secondary source of data. The board size contributes positively to the capital adequacy of the selected money deposit banks in Nigeria. The coefficient of determination which measures the control power of the independent variable over the dependent variable was calculated with the instrument of adjusted R-Squared and it yielded 0.591596. This entails that the variations in capital adequacy of the selected deposit money banks is significantly influenced by the board size. This is in the magnitude of 59.156%. This is significant given that it is beyond average. Based on the findings, the study concludes that on the average, board size have significant positive effect on capital adequacy of money deposit banks. Anchored on this finding, it is recommended that there should be optimal sustenance of the existing board size and should only be altered when objectively necessary.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HJ Public Finance
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 25 Apr 2019 13:23
Last Modified: 25 Apr 2019 13:23
URI: http://eprints.gouni.edu.ng/id/eprint/1296

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