The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria

The issue revolving around corporate governance and financial performance has always been an essential and critical element for banking sector in Nigeria. Good corporate governance practices and establishing a separate risk management committee are regarded as important in reducing risk for investor...

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Main Author: Abubakar, Ahmad Haruna
Format: Thesis
Language:eng
eng
eng
Published: 2018
Subjects:
Online Access:https://etd.uum.edu.my/8243/1/s820883_01.pdf
https://etd.uum.edu.my/8243/2/s820883_02.pdf
https://etd.uum.edu.my/8243/3/s820883_references.docx
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id my-uum-etd.8243
record_format uketd_dc
spelling my-uum-etd.82432021-11-22T00:40:25Z The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria 2018 Abubakar, Ahmad Haruna Kamardin, Hasnah College of Business (COB) College of Business (COB) HG Finance The issue revolving around corporate governance and financial performance has always been an essential and critical element for banking sector in Nigeria. Good corporate governance practices and establishing a separate risk management committee are regarded as important in reducing risk for investors, and improving performance. This study investigates the effect of board and risk management committee attributes (board size, board independence, board financial knowledge, risk management committee independence, risk management committee size, and existence of separate risk management committee) on the financial performance of listed banks in Nigeria. Furthermore the research used secondary data obtained from the annual report of fourteen (14) banks listed in the Nigerian stock exchange for the year 2014-2016 with 42 firm-year observations and based on panel data approach. Furthermore, the regression estimates are based on random effect. The result indicates that board size, board independence, and board financial knowledge exhibit a significant negative relationship with ROA. Meanwhile, risk management committee independence has a negative insignificant relationship with ROA. Furthermore, risk management committee size, and existence of separate risk management committee show positive significant relationship with ROA. Besides providing suggestion for future research work, this study provides several recommendation for regulators and the Nigerian banking industry. 2018 Thesis https://etd.uum.edu.my/8243/ https://etd.uum.edu.my/8243/1/s820883_01.pdf text eng 2021-06-21 public https://etd.uum.edu.my/8243/2/s820883_02.pdf text eng public https://etd.uum.edu.my/8243/3/s820883_references.docx text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
eng
advisor Kamardin, Hasnah
topic HG Finance
spellingShingle HG Finance
Abubakar, Ahmad Haruna
The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
description The issue revolving around corporate governance and financial performance has always been an essential and critical element for banking sector in Nigeria. Good corporate governance practices and establishing a separate risk management committee are regarded as important in reducing risk for investors, and improving performance. This study investigates the effect of board and risk management committee attributes (board size, board independence, board financial knowledge, risk management committee independence, risk management committee size, and existence of separate risk management committee) on the financial performance of listed banks in Nigeria. Furthermore the research used secondary data obtained from the annual report of fourteen (14) banks listed in the Nigerian stock exchange for the year 2014-2016 with 42 firm-year observations and based on panel data approach. Furthermore, the regression estimates are based on random effect. The result indicates that board size, board independence, and board financial knowledge exhibit a significant negative relationship with ROA. Meanwhile, risk management committee independence has a negative insignificant relationship with ROA. Furthermore, risk management committee size, and existence of separate risk management committee show positive significant relationship with ROA. Besides providing suggestion for future research work, this study provides several recommendation for regulators and the Nigerian banking industry.
format Thesis
qualification_name other
qualification_level Master's degree
author Abubakar, Ahmad Haruna
author_facet Abubakar, Ahmad Haruna
author_sort Abubakar, Ahmad Haruna
title The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
title_short The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
title_full The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
title_fullStr The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
title_full_unstemmed The Effect of Board and Risk Management Committee Attributes on the Financial Performance of Listed Banks in Nigeria
title_sort effect of board and risk management committee attributes on the financial performance of listed banks in nigeria
granting_institution Universiti Utara Malaysia
granting_department College of Business (COB)
publishDate 2018
url https://etd.uum.edu.my/8243/1/s820883_01.pdf
https://etd.uum.edu.my/8243/2/s820883_02.pdf
https://etd.uum.edu.my/8243/3/s820883_references.docx
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