CORPORATE GOVERNANCE (CG) AND ITS IMPLICATION ON PERFORMANCE OF DEPOSIT MONEY BANKS (DMBs) IN NIGERIA

Authors

  • Victor Chukwunweike EHIEDU Banking and Finance Department, Faculty of Management Sciences, Delta State University, Abraka, Nigeria.
  • Anastasia Chi-Chi ONUORAH Banking and Finance Department, Faculty of Management Sciences, Delta State University, Abraka, Nigeria.
  • Festus Chukwumah OSAKWE Banking and Finance Department, Faculty of Management Sciences, Delta State University, Abraka, Nigeria.

DOI:

https://doi.org/10.51594/ijarss.v4i9.411

Abstract

This study examined the effects of corporate governance (CG) on performance of deposit money banks (DMBs) in Nigeria between the periods 2012-2021 (10years). The specific objective of the study is to examine the relationship between the measures of CG [Board Size (BS), Board Independence (BI), Board Gender Diversity (BGD), Audit Committee Size (ACS) and Audit Committee Independence (ACS)] and [performance of DMBs proxy with Returns on Equity (ROE)]. The data for the study would be gotten from the annual reports and accounts of the 10 DMBs on the basis of the variables under study. The type of relationship between the independent and dependent variables will be determined using descriptive statistics and correlation analysis, and the method of data analysis chosen was a multiple regression analysis using the OLS method by E-VIEW 9.0. DMBs that wish to enhance their FP, especially post covid-19, should try to reduce their BS to plus or minus ten, but with strict adherence to the regulatory guideline. This will ensure that the yearly huge expense on this is reduced and efficiency is guaranteed. This will have more positive influence on corporate performance.

Keywords: Corporate Governance, Size, Gender, Board and Performance.

Published

2022-11-20

Issue

Section

Articles