KAFIDIPE, ABIOLA and Covenant University, Theses (2020) CORPORATE GOVERNANCE, RISK MANAGEMENT AND FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA. Masters thesis, COVENANT UNIVERSITY.
![[img]](http://eprints.covenantuniversity.edu.ng/style/images/fileicons/application_pdf.png) |
PDF
Download (404kB) |
Abstract
The study highlights the relationship between corporate governance, risk management and financial performance of listed deposit money banks in Nigeria from the year 2013 to 2018. Corporate governance & risk control in deposit money banks are two major operational problems within commercial banks and information on them in Nigeria has been hoarded to a great extent. However, the efficiency and effectiveness of good corporate governance should not be sacrificed by commercial banks for the success of operations, sustainability & profitability. In the determination of the level of indicators of corporate-governance & risk management indicators, the data was extracted using the content analysis method of the selected Nigeria banks. This research then adopts panel-data in the of it relations to corporate-governance; risk management & performance of financial listed deposit money banks (DBM) using time-series & cross-sectional estimators. It is vital to note in the study analytical finding of the measurement of corporate governance, the result shows a negative but a significant impact on banks in Nigerian financial-performance. It is apparent that a corporate-governance system that is sound increases the profitability of loans as well as the stability of banks. Furthermore, the study finds that board size, board independence, directors’ shareholdings and board meetings are negative while the coefficient number of board committee is positive on Tobin q. It, therefore, means that there exists between the corporate governance a significant relationship with financial performance. Shareholders, board meetings & members of the board does have negative relationship to performance. In contrast, the coefficient for the number of board sizes, board independence & board committees are positive on ROE- Return on Equity. This shows that any increase in shareholding of directors, the directors of the board and board of directors would result in decreased ROE of deposit money banks (DMB) in the economy of Nigeria. This research then recommends Proper corporate risk management practices should be encouraged with financial institutions carrying out frequent quality control checks to ensure compliance and Controlling several board members would help boost performance since a larger board size causes a negative effect when making an effective decision, thus affecting the firm performance. Therefore, smaller board size is much more effective as well as preferred.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Corporate Governance Indicator, Risk Management Indicators, Principal Component Analysis, Financial Performance |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 21 Sep 2021 12:24 |
| Last Modified: | 21 Sep 2021 12:24 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/15364 |
Actions (login required)
 |
View Item |
