Download Tag: CORPORATE GOVERNANCE

ABSTRACT The quest for improving corporate governance as a pre-requisite for better performance has become an increasingly important issue in Nigerian Universities. Efficient corporate governance is the bedrock for proper and effective management of institutions world over including managing finances in Nigerian Universities of which this study examined. The obvious corporate failures in Nigerian universities are associated with poor management for recognising risk management and poor internal audit. Therefore the ...

ABSTRACT           This study examines the verify of corporate governance mechanisms in cubing corporate mangers discretionary behavior and this how it helps in providing credible financial reports to stakeholders managers have been to manipulate financial information presented to interested parties of the various tools employed by mangers, accruals were considered more preferable and easily manipulated by the managers.           Specifically, the impact of the separate roles for chief executive officer ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY The evolution of today’s modern business, many of the corporations have became owned and controlled by families and the major agency problem exist not only between management and owners in general but shareholders as well. Due to the increase in this conflict the issue of trust has taken the key position in today’s financial analysis procedure. Earnings management is one of the ...

Abstract This study was on the role of external auditors in corporate governance. Three objectives were raised which included:  To examine if the financial literacy of audit committee members enhance financial reporting in Nigeria. to ascertain if the frequency of meetings of audit committee enhance financial reporting in Nigeria and to determine the effect of multiple directorships on financial reporting in Nigeria. A total of 77 responses were received and ...

CHAPTER ONE INTRODUCTION Background of the study The The concept of corporate governance has attracted a good deal of public interest in recent years, because of its apparent importance on the economic health of corporations and society in general. Basically, corporate governance in the banking sector requires judicious and prudent management of resources and the preservation of resources (assets) of the corporate firm; ensuring ethical and professional standards and the ...

ABSTRACT This paper studies the relationship between different corporate governances mechanisms and earnings management. It examines two categories of governance devices; internal (ownership concentration and board structure) and external (take-over pressure and institutional ownership). Controlling for other characteristics, I find that firms with stronger internal governance, such as higher ownership concentration and smaller boards, manager earnings more, while firms with stronger external governance, such as higher institutional holdings and high ...

CHAPTER ONE INTRODUCTION 1.1       Background of the Study The term "Corporate Governance" has been identified to mean different things to different people. Magdi and Nadereh (2002) stress that corporate governance is about ensuring that the business is run well and investors receive a fair return. OECD (1999) provides a more encompassing definition of corporate governance. It defines corporate governance as the system by which business corporations are directed and controlled. ...

ABSTRACT This study was designed to empirically investigate the effect of corporate governance on the financial performance of pension fund administrators in Nigeria within the period of 2004 – 2014. The study employed the use of secondary data sourced from the websites and audited financial statements of pension fund administrators in Nigeria. For the purpose of the study, board size and board composition were used as the proxy for corporate ...

ABSTRACT This study was designed to empirically investigate the effect of corporate governance on the financial performance of pension fund administrators in Nigeria within the period of 2004 – 2014. The study employed the use of secondary data sourced from the websites and audited financial statements of pension fund administrators in Nigeria. For the purpose of the study, board size and board composition were used as the proxy for corporate ...

CHAPTER ONE 1.1 BACKGROUND TO THE STUDY The importance of a vibrant, transparent and healthy banking system in the mobilization and intermediation of fund, for the growth and development of the economy need not to be over-emphasized. Worthy is of the fact that the level of functioning of the financial sector depends on the perception and patronage of the citizens towards its services (Al-Faki, 2006). The situation where the public ...

CORPORATE GOVERNANCE AND BANK PERFORMANCE CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The bank is committed to the principle of best practice in corporate governance which aims at ensuring integrity, openness, credibility, transparency and accountability in all facets of its business, Annual Report (Zenith, 2009). Corporate Governance is the process by which a board of directors through its management guides an institution in the fulfillment of its corporate mission ...

CHAPTER ONE 1.1       INTRODUCTION AND BACKGROUND OF STUDY Budgeting can be traced to the 18th century period when it was used to check the powers of the king concerning taxation as a source of revenue and the governments expenditure. It involves management development plans developed in order for the terms of marketing to be served, the production and distribution process to be used and the facilities and personnel required. Controls can ...

ABSTRACT The project examines the link between corporate governance and auditors report in Nigeria. The study main objective is for an appointed auditor to express a professional opinion on the financial position of an enterprise as contained in the financial statement prepared by the management so that any person reading or using them can have faith in them. The primary source of data collection was used in gathering data from ...

Abstract The research work tends to cover the relationship between corporate governance and external auditor’s report as it is important to non-financial institution. Improper accounting records, frauds and other internal factors are some of the factors that lead to lack of returns on investment in an organization. Hence, the broad objective of the study is to ascertain the relationship between auditing reporting and corporate governance and also to find out ...

Abstract This project examines the role of auditors report in corporate governance. The problems, challenges, prospects of auditing and corporate governance looked. As a worldwide phenomenon, they have continued to generate divergent views among scholars. The data used comprises of primary data, which consist of self-administered questionnaires and oral interview of some of the respondents. To achieve the purpose of the study, a survey of ten selected companies quoted in ...

ABSTRACT This study investigates the relationship that exists between corporate governance and  firm  performance  of some selected companies listed on the Nigerian Stock Exchange. The intent of  the study is to determine whether corporate governance mechanisms-  CEO duality, board size  audit committee independence, and ownership concentration  have an impact on  firm  performance  surrogated by  return on assets (ROA); return on equity (ROE), profit margin (PM).  It provides empirical evidence  for ...

ABSTRACT An international wave of mergers and acquisitions has swept the banking industry as boundaries between financial sectors and products have blurred dramatically. There is therefore the need for countries to have sound resilient banking systems with good corporate governance, which will strengthen and upgrade the institution to survive in an increasingly open environment. In Nigeria, the Central Bank unveiled new banking guidelines designed to consolidate and restructure the industry ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Financial outrage the world and the recent collapse of foremost corporate institution in the united states of America, south East Asia, Europe and Nigeria such as Enron corporation, world com, Arthur Anderson, lever brothers and Cadbury have shaken investors faith in the capital markets and usefulness of prevailing corporate governance practices in promoting transparency and accountability. This has brought to the front again ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY  The evolution of today’s modern business, many of the corporations have became owned and controlled by families and the major agency problem exist not only between management and owners in general but shareholders as well. Due to the increase in this conflict the issue of trust has taken the key position in today’s financial analysis procedure.  Earnings management is one of the ...

ABSTRACT Following the high spate of corporate failures and collapses, the issue of corporate governance practice has generated a lot of concern to governance. This research work was undertaken to examine critically the practice of corporate governance in the banking industry. In chapter one, the background to the study was introduced. We also stated in details the objectives, scope and significance of the study. Hypotheses were also formulated and we ...