CORPORATE MANAGEMENT AND BANKING INDUSTRY IN NIGERIA: EMPIRICAL CONSIDERATION
Journal: The Journal CONTEMPORARY ECONOMY (Vol.2, No. 4)Publication Date: 2017-12-31
Authors : David UMORU; Micah ELUJEKOR;
Page : 172-179
Keywords : Corporate governance; banks? return; board size; board composition; directors? equity interest Nigeria.;
Abstract
This study ascertains the role of corporate governance in attracting banks' returns in Nigeria from 2006-2016 using panel regression technique. Data were collected from a sample of 21 banks listed on Nigerian stock Exchange. We found significant positive impact of board size, board composition, directors' equity interest on banks' performance in Nigeria. Decisively therefore, we recommend increase in size of management of board as one factor for inducing banks' return in Nigeria.
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