EFFECT OF CORPORATE GOVERNANCE ON ASSET QUALITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Musa Boyi James, S. Aruwa
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Abstract

This study examined effect of corporate governance on asset quality of listed deposit money banks in Nigeria. The specific objectives of the study were to investigate effect of board independence on asset quality of deposit money banks in Nigeria, examine effect of board audit committee financial expertise on asset quality of deposit money banks in Nigeria and evaluate effect of board ownership concentration on asset quality of deposit money banks in Nigeria. The longitudinal research design was adopted in the study. Data were collected for the period 2012 to 2019 from financial statements of 14 listed deposit money banks and analyzed using the random effects regression after conducting descriptive statistics, Pearson correlations, heteroskedasticity and Hausman specification tests. Findings reveal that while board independence had significant effect on asset quality, board audit committee financial expertise and board ownership concentration had insignificant effects on asset quality of quoted deposit money banks in Nigeria for the period under study. It was recommended that deposit money banks equalize the number of executive and non-executive directors on their boards in order to increase the assets quality. Thus both executive and non-executive directors who have experience and are knowledgeable in accounting and finance in their boards to increase their assets quality, and encourage high block holding in their firms to enhance the assets quality.
公司治理对尼日利亚上市存款银行资产质量的影响
本研究考察了尼日利亚上市存款银行的公司治理对其资产质量的影响。本研究的具体目标是调查董事会独立性对尼日利亚储蓄货币银行资产质量的影响,检验董事会审计委员会金融专业知识对尼日利亚储蓄货币银行资产质量的影响,评估董事会所有权集中度对尼日利亚储蓄货币银行资产质量的影响。本研究采用纵向研究设计。收集14家上市存款银行2012 - 2019年的财务报表数据,通过描述性统计、Pearson相关性、异方差性和Hausman规范检验,采用随机效应回归进行分析。研究结果显示,董事会独立性对资产质量有显著影响,而董事会审计委员会财务专业知识和董事会所有权集中度对尼日利亚上市存款银行的资产质量影响不显著。为了提高资产质量,建议存款银行在董事会中使执行董事和非执行董事的人数相等。因此,在董事会中具有会计和财务经验和知识的执行董事和非执行董事都可以提高其资产质量,并鼓励在公司中大量持股以提高资产质量。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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