Corporate Governance as a Mechanism for Measuring Financial Performance of Banks in Nigeria
Author: Abdullahi Bala Ado
Publisher:
Published: 2017-08
Total Pages: 56
ISBN-13: 9783330347557
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Corporate Governance Mechanisms and Firm Financial Performance in Nigeria
Author: Ahmadu Sanda
Publisher:
Published: 2005
Total Pages: 56
ISBN-13:
DOWNLOAD EBOOKImpact of Corporate Governance on Firms Financial Performance
Author: Dr. Francis Udeh
Publisher:
Published: 2017
Total Pages: 9
ISBN-13:
DOWNLOAD EBOOKThis study evaluated the Impact of Corporate Governance on Firms Financial Performance in Nigeria Quoted Banks in order to determine the Banks Financial Performance before and after the introduction of Code of Corporate Governance in Nigeria. The main objective of this study is to evaluate Board Composition with a view to determining its impact on Firms Financial Performance. Board Composition was used as measure of Corporate Governance while Return on Capital Employed (ROCE), was used to operationalise Financial Performance. The study is anchored on Shareholders theory. The Population of this study comprised fifteen (15) banks whose shares are quoted on Nigeria Stock Exchange. Judgmental sampling technique was used to select seven (7) banks from the entire Population of the study (which makes up the sample size). Data were obtained from secondary source (published financial statements of the selected quoted banks) covering the periods of 2003-2014. The method of data analysis utilised was Ordinary Least Squares Regression Analysis. A model was formulated. The findings from this study showed that Board composition has a negative, though insignificant impacts on ROCE during the 2003-2008 period (p1) and during the 2009-2014 period (p2). In conclusion, the way in which corporate governance is organised differs among countries, depending on the economic, political and social contexts. We therefore recommend that the directors of board should adhere to CBN regulations and guidelines in bank management, with this, they can achieve their aim and shareholders confidence will be restored, on the board.
Risk Management and Corporate Governance
Author: Organization for Economic Cooperation and Development
Publisher: OCDE
Published: 2014
Total Pages: 0
ISBN-13: 9789264208629
DOWNLOAD EBOOKThis sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestimated, both externally and internally, including the cost in terms of management time needed to rectify the situation. The reports thus concludes that corporate governance should ensure that risks are understood, managed, and, when appropriate, communicated.
Financial Performance, Corporate Governance and Microfinance Institutions Sustainability in Nigeria
Author: Collins Alobari
Publisher:
Published: 2019
Total Pages: 15
ISBN-13:
DOWNLOAD EBOOKThis study examined the relationship between financial performance and Microfinance sustainability, with interest on the impact of corporate governance in improving or otherwise of financial performance of microfinance banks in Nigeria. This interest was provoked by the fact that notwithstanding the introduction of corporate governance in Nigeria, there are still cases of the folding up of many microfinance institutions. Therefore, the study sought answers to: what is the relationship between financial performance and microfinance sustainability? What is the impact of board size and composition on financial performance? And what is the impact of the composition of board committees on financial performance? Using quantitative empirical method on selected microfinance banks in the South East Nigeria, the study employed the Ordinary Least Square (OLS) analysis on secondary data collected from financial reports of the selected banks for a period of thirteen (13) years (2005-2017). The study used the board of directors as the proxy for corporate governance, with Board size and composition as independent variables and Profit after Tax as dependent variables. The result shows that the link between board size and profitability does not imply board size to increase profitability as number of shareholders has negative relationship with profit before tax. Rather, the result found a positive relationship between equity of MFIs and profit after tax, which means that the higher the equity of MFIs, the higher their profitability. Therefore, the study recommends that the MFIs should concentrate more on raising share capital as well as constituting efficient boards and committees for effective corporate governance that will result in the sustainability of the MFIs.
Corporate Governance and Bank Performance
Author:
Publisher: World Bank Publications
Published: 2005
Total Pages: 43
ISBN-13:
DOWNLOAD EBOOKAbstract: "The authors jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude some indicators) support this argument. Using data from Argentina in the 1990s, their strongest and most robust results concern state ownership. State-owned banks have poor long-term performance (static effect), those undergoing privatization had particularly poor performance beforehand (selection effect), and these banks dramatically improved following privatization (dynamic effect. However, much of the measured improvement is likely due to placing nonperforming loans into residual entities, leaving "good" privatized banks."--World Bank web site.
Nigeria
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2013-05-28
Total Pages: 153
ISBN-13: 1484363280
DOWNLOAD EBOOKThe assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Nigeria
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2013-05-28
Total Pages: 153
ISBN-13: 1484363590
DOWNLOAD EBOOKThe assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Formal Organizations
Author: Peter Michael Blau
Publisher: Stanford University Press
Published: 2003
Total Pages: 344
ISBN-13: 080474890X
DOWNLOAD EBOOKUpon its publication in 1962, this book became one of the founding texts of organizational sociology. Bringing together diverse approaches, it presented a new focus of interest: the formal organization. This reissue, which includes a new introduction by Scott, makes this seminal work accessible to a new generation of scholars and practitioners.
The Corporate Governance of Banks in Nigeria
Author: Ukpai Kama
Publisher:
Published: 2010
Total Pages: 24
ISBN-13:
DOWNLOAD EBOOKIn the corporate governance of banks, bank boards of directors play a significant role by monitoring and advising management in the formulation and implementation of strategies. Our hypothesis is that certain characteristics of bank boards (size, composition and proactiveness) determine the effectiveness of the boards in carrying out its monitoring and advisory roles. After controlling for heterogeneity and endogeneity using the two-step system estimator, we find that admitting new members into the board improves bank performance up to a certain point 'efficient limit' where continuous increase of the board size begins to destroy value. We observe an inverse relation between board meetings and bank performance which suggest to us that bank boards that meet more often are only reacting to bank's poor performance. This challenges the widespread belief that frequent board meetings play a role that is more proactive than reactive. We agree that bank boards strategically alleviate the problems of governance in banks and reduce the weakness of other corporate governance mechanisms, especially the regulatory and external governance mechanism. Hence empowering boards through incentive packages and enlarged responsibilities with authority to monitor, sanction, reprimand and advise management will be the way forward for the Nigerian banking sector.
