Corporate Governance and DMBs Performance in A Recessed Economy

Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 5

Abstract

The objective of this study is to determine the effect of corporate governance on DMBs performance in Nigeria’s recessed economy. This study employed two analytical tools in Pearson Moment Correlation and Multiple regression to test for both correlation and regression analysis respectively based on three aspects of corporate governance namely; Board Size (BS), Non-Executive Directors (NED) and Executive Directors (ED). Deposit Money Banks performance is measured through Return on Equity (ROE) and Return on Assets (ROA). The results revealed that all variables of corporate governance positively and significantly correlated with ROE and ROA at 5percent level of significance. However, corporate governance was all unable to individually and collectively impact DMBs performance within the study sample and framework. Hence, the study conclude that corporate governance have no significant impact on the performance of DMB in Nigeria during the period of recession and recommend that the number of BS should be improved and the number of Non-Executive directors should increase to help regulate and checkmate the activities of the executive directors in DMB in Nigeria.

Authors and Affiliations

DIMGBA Chidinma Martha, NWUCHEKWA Faith Chidi, OGBONNA Kelechukwu Stanley

Keywords

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  • EP ID EP411115
  • DOI 10.9790/487X-2005011724.
  • Views 62
  • Downloads 0

How To Cite

DIMGBA Chidinma Martha, NWUCHEKWA Faith Chidi, OGBONNA Kelechukwu Stanley (2018). Corporate Governance and DMBs Performance in A Recessed Economy. IOSR journal of Business and Management, 20(5), 17-24. https://europub.co.uk./articles/-A-411115