Corporate Governance and Bank Performance in Nigeria: An Empirical Study
This study extensively investigated effectiveness of corporate governance in Nigerian banks for the period 2006-2018. The study adopted secondary data obtained fromannual reports of banks, CentralBank ofNigeria and Nigeria Stock Exchange. Regression analysis, unit roots and diagnostic test were used in the analysis. The Granger Causality test was applied to determine the direction of causality. The findings show that board audit committee has positive effect on net profit margin while block-shareholding and board composition has negative relationship on growth in revenue and growth in net income. It recommends optimum proportion of outside directors for effective governance impacting performance positively.
Copyright (c) 2019 Okonkwo Jisike Jude, Azolibe Chukwuebuka Bernard, Nwadibe Emelda Chidimma
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