An Analysis of Corporate Governance in the Nigerian Banking Industry: The Role of Ethics
Journal Title: Journal of Social Economics - Year 2014, Vol 1, Issue 3
Abstract
Since the global financial crisis of 2008 the Nigerian economy saw an unprecedented rise in its unemployment rate and laxity in corporate governance. Several bank executives were charged with corruption and embezzlement of depositors’ funds by the Economic and Financial Crimes Commission (EFCC). The researcher examined the banking industry using a qualitative approach. A combination of survey questionnaires, face to face, and phone interviews were conducted. The results of this study which examined the role of ethics in the Nigerian Banking industry among other things were generally mixed. Consequently, this study adds to the existing literature on corporate governance in developing countries.
Authors and Affiliations
U. Joseph Nnanna
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