EFFECT OF BOARD COMPOSITION ON THE FINANCIAL PEFORMANCE OF LISTED COMMERCIAL BANKS IN NIGERIA (original) (raw)
This study examined the effect of board composition on the financial performance of listed commercial banks in Nigeria. The specific objectives of the study are: to assess the influence of CEO duality on the financial performance of commercial banks in Nigeria; to examine the influence of board gender on the financial performance of commercial banks in Nigeria; and to determine the influence of board size on the financial performance of commercial banks in Nigeria. A total of eight commercial banks were used as sample size for the study. The study covered a five year period (i.e., 2016-2020). The study used secondary data to reach study findings. Data collected from the study were analysed using multiple regression technique processed on SPSS. From the analysis of the study, it is found out that only board size haS significant influence on the financial performance of commercial banks in Nigeria. That is to say that CEO duality and board gender have no significant effect on the financial performance of commercial banks in Nigeria. The study therefore recommends a majority of board members be female to provide some additional skills and perspectives that may not be possible with all-male boards.
Loading Preview
Sorry, preview is currently unavailable. You can download the paper by clicking the button above.