Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria
Recently, following financial crises in the global world, the focus of attention has been moved towards how a company is being managed. This study examined the effect of corporate governance on investment decisions of shareholders of listed banks in the Nigerian capital market from 2005 to 2015. The...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2019-03-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_114448_8462e0a25b7c305ac5af6805a7eaa4e8.pdf |
| _version_ | 1797690422563176448 |
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| author | Wisdom Okere Oyebisi Ibidunni |
| author_facet | Wisdom Okere Oyebisi Ibidunni |
| author_sort | Wisdom Okere |
| collection | DOAJ |
| description | Recently, following financial crises in the global world, the focus of attention has been moved towards how a company is being managed. This study examined the effect of corporate governance on investment decisions of shareholders of listed banks in the Nigerian capital market from 2005 to 2015. The study adopted the secondary method of acquiring data which was sourced from financial statements of eight banks listed. Panel Regression Analysis was employed in the analysis of the data collected with the use of electronic views. The results revealed that there exists a positive and significant relationship between corporate governance (board size, board independence and audit committee independence) and investment decisions of shareholders. Consequently, it is recommended that to further provide effective corporate governance measures, strengthening of corporate governance and accounting standards in Nigeria would go a long way in promoting investors’ confidence and thereby create positive investing decision. |
| first_indexed | 2024-03-12T01:59:23Z |
| format | Article |
| id | doaj.art-7d88c9cc66c745439a626a877702327f |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:59:23Z |
| publishDate | 2019-03-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-7d88c9cc66c745439a626a877702327f2023-09-07T21:47:37ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262019-03-0163237252114448Corporate Governance and Investment Decisions in Deposit Money Banks in NigeriaWisdom Okere0Oyebisi Ibidunni1Department of Accounting, Bells University of Technology, Ota Ogun State, NigeriaDepartment of Accounting, Bells University of Technology, Ota Ogun State, NigeriaRecently, following financial crises in the global world, the focus of attention has been moved towards how a company is being managed. This study examined the effect of corporate governance on investment decisions of shareholders of listed banks in the Nigerian capital market from 2005 to 2015. The study adopted the secondary method of acquiring data which was sourced from financial statements of eight banks listed. Panel Regression Analysis was employed in the analysis of the data collected with the use of electronic views. The results revealed that there exists a positive and significant relationship between corporate governance (board size, board independence and audit committee independence) and investment decisions of shareholders. Consequently, it is recommended that to further provide effective corporate governance measures, strengthening of corporate governance and accounting standards in Nigeria would go a long way in promoting investors’ confidence and thereby create positive investing decision.https://www.ijmae.com/article_114448_8462e0a25b7c305ac5af6805a7eaa4e8.pdfcorporate governanceinvestment decisionsboard sizeboard independenceaudit committee independence |
| spellingShingle | Wisdom Okere Oyebisi Ibidunni Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria International Journal of Management, Accounting and Economics corporate governance investment decisions board size board independence audit committee independence |
| title | Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria |
| title_full | Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria |
| title_fullStr | Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria |
| title_full_unstemmed | Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria |
| title_short | Corporate Governance and Investment Decisions in Deposit Money Banks in Nigeria |
| title_sort | corporate governance and investment decisions in deposit money banks in nigeria |
| topic | corporate governance investment decisions board size board independence audit committee independence |
| url | https://www.ijmae.com/article_114448_8462e0a25b7c305ac5af6805a7eaa4e8.pdf |
| work_keys_str_mv | AT wisdomokere corporategovernanceandinvestmentdecisionsindepositmoneybanksinnigeria AT oyebisiibidunni corporategovernanceandinvestmentdecisionsindepositmoneybanksinnigeria |