IDEAS home Printed from https://ideas.repec.org/a/mgs/ijmsba/v2y2016i7p7-15.html

Corporate Governance in Nigerian Banks: a Theoretical Review

Author

Listed:
  • Asogwa Ikenna Elias

    (Department of Accounting, Faculty of Business Administration, University of Uyo, Uyo, Akwa-Ibom State, Nigeria)

Abstract

Nigeria’s banking sector had seen corporate failures in the past, which principally resulted due to lack of a robust corporate governance structure. The study provides a theoretical framework and a model for understanding the concept of corporate governance rather than empirical views. This was achieved by delineating the theory of corporate governance, corporate governance model, mechanisms of corporate governance and the legal frameworks. The study concludes that the key setback to corporate governance in Nigerian banks is non-adherence to principles and death of the understanding of the theories and mechanisms of corporate governance.

Suggested Citation

  • Asogwa Ikenna Elias, 2016. "Corporate Governance in Nigerian Banks: a Theoretical Review," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 2(7), pages 7-15, June.
    • Handle: RePEc:mgs:ijmsba:v:2:y:2016:i:7:p:7-15
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.27.1001
    as

    Download full text from publisher

    File URL: https://researchleap.com/wp-content/uploads/2016/08/Corporate-Governance-in-Nigerian-Banks-a-Theoretical-Review.pdf
    Download Restriction: no
    File URL: https://researchleap.com/corporate-governance-nigerian-banks-theoretical-review/
    Download Restriction: no
    File URL: https://libkey.io/10.18775/ijmsba.1849-5664-5419.2014.27.1001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mehran, Hamid, 1995. "Executive compensation structure, ownership, and firm performance," Journal of Financial Economics, Elsevier, vol. 38(2), pages 163-184, June.
    2. Rafel Crespi & Miguel A. García Cestona & Vicente Salas, 2002. "Governance Mechanisms in Spanish Financial Intermediaries," Working Papers 0209, Departament Empresa, Universitat Autònoma de Barcelona, revised Sep 2002.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asogwa Ikenna Elias, 2016. "Corporate Governance in Nigerian Banks: a Theoretical Review," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 2(7), pages 7-15, June.
    2. King, Timothy & Srivastav, Abhishek & Williams, Jonathan, 2016. "What's in an education? Implications of CEO education for bank performance," Journal of Corporate Finance, Elsevier, vol. 37(C), pages 287-308.
    3. Francis, Bill & Hasan, Iftekhar & Sharma, Zenu, 2011. "Leverage and growth: Effect of stock options," Journal of Economics and Business, Elsevier, vol. 63(6), pages 558-581.
    4. Manhwa Wu & Paoyu Huang & Yensen Ni, 2020. "The Impact of Institutional Shareholdings on Price Limits," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 27(3), pages 343-361, September.
    5. Md. Borhan Uddin Bhuiyan & Solomon Opare & Zahir Ahmed, 2024. "Does Audit Committee Busyness Affect Financial Restatement? Evidence from Audit Committee Share Ownership," Australian Accounting Review, CPA Australia, vol. 34(1), pages 29-54, March.
    6. Ben Slimane, Faten & Padilla Angulo, Laura, 2019. "Strategic change and corporate governance: Evidence from the stock exchange industry," Journal of Business Research, Elsevier, vol. 103(C), pages 206-218.
    7. Sautner, Zacharias & Weber, Martin, 2005. "Corporate governance and the design of stock option programs," Papers 05-32, Sonderforschungsbreich 504.
    8. Chang, Chia-Lin & Hsu, Hui-Kuang & McAleer, Michael, 2013. "Is small beautiful? Size effects of volatility spillovers for firm performance and exchange rates in tourism," The North American Journal of Economics and Finance, Elsevier, vol. 26(C), pages 519-534.
    9. Anja Tuschke, 2002. "Aktienbasierte Entlohnung zur Bewerberauswahl am Arbeitsmarkt für Führungskräfte," Schmalenbach Journal of Business Research, Springer, vol. 54(1), pages 46-63, February.
    10. Humphery-Jenner, M., 2011. "Internal and External Discipline Following Securities Class Actions," Discussion Paper 2011-044, Tilburg University, Center for Economic Research.
    11. Shiyu Wu & Xinyi Li & Xiaosen Du & Zexin Li, 2022. "The Impact of ESG Performance on Firm Value: The Moderating Role of Ownership Structure," Sustainability, MDPI, vol. 14(21), pages 1-22, November.
    12. Henrik Cronqvist & Rüdiger Fahlenbrach, 2009. "Large Shareholders and Corporate Policies," The Review of Financial Studies, Society for Financial Studies, vol. 22(10), pages 3941-3976, October.
    13. Hüttenbrink, Alexander & Oehmichen, Jana & Rapp, Marc Steffen & Wolff, Michael, 2014. "Pay-for-performance – Does one size fit all? A multi-country study of Europe and the United States," International Business Review, Elsevier, vol. 23(6), pages 1179-1192.
    14. Wilbur G. Lewellen, -, 1997. "Hatékonyság és eredményesség [Efficiency and effectiveness]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 3-12.
    15. Phyllis A. Siegel & Donald C. Hambrick, 2005. "Pay Disparities Within Top Management Groups: Evidence of Harmful Effects on Performance of High-Technology Firms," Organization Science, INFORMS, vol. 16(3), pages 259-274, June.
    16. Josef Schroth, 2018. "Managerial Compensation and Stock Price Manipulation," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 56(5), pages 1335-1381, December.
    17. Antonio Falato, 2006. "Paying to Make a Difference: Executive Compensation and Product Dynamics," 2006 Meeting Papers 690, Society for Economic Dynamics.
    18. Esther B. Brio & Rosa M. Hernández-Maestro & Toru Yoshikawa, 2018. "How does interpersonal justice affect outside directors’ governance behavior? A cross-cultural comparison," Review of Managerial Science, Springer, vol. 12(3), pages 683-709, July.
    19. Magdy Noguera, 2012. "The Impact of the Sarbanes-Oxley Act on the Structure of REIT Boards of Directors," The Journal of Real Estate Finance and Economics, Springer, vol. 45(4), pages 869-887, November.
    20. Yuan George Shan, 2019. "Managerial ownership, board independence and firm performance," Accounting Research Journal, Emerald Group Publishing Limited, vol. 32(2), pages 203-220, July.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgs:ijmsba:v:2:y:2016:i:7:p:7-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.