Home»Accountancy» The assessment of the impact of corporate governance on financial performance of deposit money banks in Nigeria

The assessment of the impact of corporate governance on financial performance of deposit money banks in Nigeria

 Department:Accountancy  
 By:usericon rainnjazz  

 Project ID: 2576
 Rating:  (3.2) votes: 11
   Price:₦3000
Abstract
This study examines the effect of corporate governance on financial performance of money deposit banks in Nigeria. It adopted ex post factor research design, which made the use of secondary data in ensuring that data obtained are sufficient for a reasonable conclusion. Financial performance of banks was measured using Return on Assets (ROA) and corporate governance was measured using three variables: board size, board composition and audit committee. Partial correlation and regression was used to analyze the data using STATA version 11. The results showed that board size and board composition have a negatively and insignificantly impact on financial performance, while audit committee size have positive but insignificant effect on financial performance of deposit money banks in Nigeria. It also revealed that small board size (board of director) contributes positively and significantly to the financial performance of deposit money banks in Nigeria. The study recommends that banks should maintain relatively small board size dominated by outside directors within the provisions of the code of corporate governance for banks but the board should comprise of members, who are conversant with oversight function and having capacity to add significant value in decision making toward achieving greater performance ...
Preview +
Other Accountancy project topics and materials you might be interested in
»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu)
»The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )
»Internal control as a tool for improving profitability
»The role of financial institutions in the development of Nigeria economy
»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )
»The Impact of product development on banks performance ( A Case study of first bank plc )
»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )
»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state)
»The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )
»Auditing in Nigeria companies, problems and prospects
»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )
»The effects of computerized accounting system on the performance of banking industry in Nigeria
»Effect of misrepresentation of information in a financial statement
»The impact of development finance institutions (DFIS) in economic development of Nigeria
»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )

Departments

UPLOAD A PROJECT

Do you have project materials and source code to share? Upload and earn with it.