THE IMPACT OF CORPORATE GOVERNANCE VARIABLES ON NON-PERFORMING LOANS OF NIGERIAN DEPOSIT MONEY BANKS
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 11
Abstract
The objective of the study was to examine the impact of Corporate Governance variables of Board size(BS), Board Composition(BC), Composition of Audit Committee(CAC) and power separation(PS) on Non-performing Loans of Nigerian Deposit Money Banks; with a view to finding out whether there is significant impact or not. The researcher used secondary sources of data. The study examined the corporate governance variables amongst fourteen (14) quoted banks on Nigerian Stock Exchange from 2005-2011 using multivariate regression analysis. The findings showed that corporate governance variables of Board size, Board Composition, composition of audit committee and power separation have no significant impact on non-performing loans of Nigerian Deposit Money Banks. The study concluded that board size, board composition, composition of audit committee and power separation is not the reasons for the rising figure of non-performing loans of Nigerian Deposit Money Banks. Therefore, it is recommended that emphasis should be shifted from these explanatory variables (BS, BC, CAC and PS) to other corporate governance issues, such as insider abuse, transparency and accountability and so on, for further investigation.
Authors and Affiliations
Paul Aondona Angahar| Department of Accounting, Benue State University, Makurdi, Nigeria, Simon Kolawole Mejabi| Department of Accounting, Kaduna Polytechnic, Kaduna, Nigeria
Keywords
Related Articles
- EP ID EP2097
- DOI -
- Views 489
- Downloads 27
IMPACT OF WORKING CAPITAL MANAGEMENT ON FIRM PROFITABILITY: THE CASE OF LISTED MANUFACTURING FIRMS ON HO CHI MINH STOCK EXCHANGE
This study is aimed at investigating the relationship between working capital management and profitability. This study is based on a panel data of 98 manufacturing firms listed on Ho Chi Minh City Stock Exchange for a pe...
THE IMPACT OF LIFE EXPECTANCY ON ECONOMIC GROWTH IN DEVELOPING COUNTRIES
Will the improvement of life expectancy contributes to economic growth in a country? The response to this question is essential in the debates on health policy in the world in general and in developing countries (DC) in...
THE EFFECT OF ENERGY CONSUMPTION ON ECONOMIC GROWTH IN CAMEROON
This study was carried out to determine the Effect of Energy Consumption on Economic Growth in Cameroon from the period of 1980 to 2014. The energy sources used to test for this relationship were Petroleum and electricit...
EFFECTS OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY: EVIDENCE FROM THE TOPFIVE BEER BREWERY FIRMS IN THE WORLD
The impact of working capital management on the profitability of manufacturing firms has attracted the attention of researchers in different countries of the world in recent times. This research expands the horizon of kn...
MAINTAINING ORDER IN THE MICROFINANCE SECTOR IN GHANA
This study examines the processes of maintaining order in the microfinance sector, particularly, the processes of resolving disputes, the types and causes of disputes that arise between microfinance institutions, their c...