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Assessment of Corporate Governance Practice among Listed Conglomerate Companies in Nigeria

Author

Listed:
  • Ahmed Ishaku ACA

    (Department of Accounting Gombe State University)

  • Mubarakatu Garba

    (Department of Accounting Gombe State University)

  • Farida Musa

    (Department of Accounting Gombe State University)

Abstract

This study examines the level of compliance with 2011 SEC code of corporate governance among listed conglomerate companies in Nigeria. Expost-facto research design was used, a corporate governance compliance index was employed and data was extracted from annual report and account of the companies. It was found that corporate governance initiatives are embedded on the boards of listed conglomerate companies in Nigeria and that there is high compliance with SEC code of corporate governance in the listed conglomerate companies in Nigeria. Modern corporation plays a major role in the economic development of any nation, hence the need to ensure good governance of these corporations cannot be overemphasized. Therefore, to avoid the incidence of corporate failure in the listed conglomerate companies in Nigeria, this study recommends 100% compliance with the SEC code of CG in Nigeria. This will go in length to ensure the future survival of these companies.

Suggested Citation

  • Ahmed Ishaku ACA & Mubarakatu Garba & Farida Musa, 2020. "Assessment of Corporate Governance Practice among Listed Conglomerate Companies in Nigeria," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 7(9), pages 16-21, September.
    • Handle: RePEc:bjc:journl:v:7:y:2020:i:9:p:16-21
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    References listed on IDEAS

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