ABSTRACT
The focus of this study is corporate governance and banking performance in Nigeria. corporate governance has been identified to mean different things to different people. The objectives of this work is to investigate if there is any significant relationship between directors equity holding and bank performance in Nigeria and also to determine empirically if there is any significant relationship between corporate governance disclosure and the financial performance of banks in Nigeria. The exploratory design (regression) approach was adopted and the computerized regression analysis using SPSS 17.0 was employed as the statistical tool. The variables for corporate governance are return on equity(ROE) and profit margin(PM) while the variables of performance of banks are board size, board composition, CEO and the audit committee. The major findings in this research is that, there is a significant relationship between directors equity holding and the performance of banks in Nigeria and also state that there is a significant relationship between corporate governance disclosure of banks in Nigeria and their performance. The researcher recommended that step s should be taken for mandatory compliance with the code of corporate governance. Also an effective legal frame work should be developed that specifies the rights and obligations of a bank ,its directors ,shareholders ,specific disclosure requirement and provide for effective enforcement of the law.
TABLE OF CONTENTS
Title Page
Declaration
Certification
Dedication
Acknowledgements
Abstract
Table of Contents
CHAPTER ONE
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Research Questions
1.4 Objectives of the Study
1.5 Research Hypothesis
1.6 Significance of the Study
1.7 Scope and Limitation of Study
1.8 Definition of Terms
1.9 Summary
1.10 References
CHAPTER TWO: LITERATURE REVIEW
2.0 Conceptual Review
2.1 What is Corporate Governance?
2.2 Corporate Governance Measures in Nigeria
2.2.1 The Roles of the Board of Directors
2.2.2 Shareholders Right and Privilege
2.2.3 The Role of the Audit Committee
2.3 Corporate Governance and Bank
2.4 Elements of Corporate Governance in Banks
2.4.1 Regulation and Supervision as Elements of Corporate
Governance in Banks
2.5 Corporate Governance Mechanisms
2.5.1 Shareholders
2.5.2 Deb Holders
2.6 Linkage between Corporate Governance and Firm Performance 44
2.7The Role of Internal Corporate Governance Mechanism in
Organizational Performance46
2.7.1 Role of Auditor
2.7.2 Role of Board of Directors Composition
2.7.3 Role of Chief Executive Officer
2.7.4 The Role of Board Size
2.7.5 Role of CEO Duality
2.7.6 Role of Managers
2.8 Regulatory Environment for Banks in Nigeria
2.9 Theoretical Review
2.9.1 Stakeholder Theory
2.9.2 Stewardship Theory
2.9.3 Agency Theory
2.9.4 Agency Relationship in the Context of the Firm
2.11 Summary
References
