RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA
This study examines the relationship between board characteristics and profitability of Deposit Money Banks in Nigeria. Data used for the research are secondary and are generated from the Corporate Governance Section of Nigeria Deposit Insurance Corporation (NDIC) Reports. Profitability which is th...
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| Format: | Article |
| Language: | English |
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Kwara State University, Malete Nigeria
2023-11-01
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| Series: | Malete Journal of Accounting and Finance |
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| Online Access: | https://majaf.com.ng/index.php/majaf/article/view/18 |
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| _version_ | 1823859631099740160 |
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| author | S.O. James S.O Ajayi |
| author_facet | S.O. James S.O Ajayi |
| author_sort | S.O. James |
| collection | DOAJ |
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This study examines the relationship between board characteristics and profitability of Deposit Money Banks in Nigeria. Data used for the research are secondary and are generated from the Corporate Governance Section of Nigeria Deposit Insurance Corporation (NDIC) Reports. Profitability which is the Dependent Variable is proxied by Return on Asset (ROA); while Board Size, Board Independence, Gender Diversity and Board Meeting are Independent Variables. This study used panel data analysis to analyze the data collected for this work with findings that Board Size and Gender Diversity have negative relationship with Return on Asset and that Board Independence and Board Meetings have positive relationship with Return on Asset. The goodness of fit of the model affirmed the relationship between Board Characteristics and profitability to be significant. Therefore, this study recommends that Deposit Money Banks should further strengthen the independence of their boards and take their board meetings as a matter of importance since they have positive relationship with their profitability.
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| format | Article |
| id | doaj-art-a688d118469949a48162dc914029364e |
| institution | Kabale University |
| issn | 2735-9603 |
| language | English |
| publishDate | 2023-11-01 |
| publisher | Kwara State University, Malete Nigeria |
| record_format | Article |
| series | Malete Journal of Accounting and Finance |
| spelling | doaj-art-a688d118469949a48162dc914029364e2025-02-10T23:06:33ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032023-11-0111RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIAS.O. James0S.O Ajayi1Kogi State University, Anyigba, NigeriaKogi State University, Anyigba, Nigeria This study examines the relationship between board characteristics and profitability of Deposit Money Banks in Nigeria. Data used for the research are secondary and are generated from the Corporate Governance Section of Nigeria Deposit Insurance Corporation (NDIC) Reports. Profitability which is the Dependent Variable is proxied by Return on Asset (ROA); while Board Size, Board Independence, Gender Diversity and Board Meeting are Independent Variables. This study used panel data analysis to analyze the data collected for this work with findings that Board Size and Gender Diversity have negative relationship with Return on Asset and that Board Independence and Board Meetings have positive relationship with Return on Asset. The goodness of fit of the model affirmed the relationship between Board Characteristics and profitability to be significant. Therefore, this study recommends that Deposit Money Banks should further strengthen the independence of their boards and take their board meetings as a matter of importance since they have positive relationship with their profitability. https://majaf.com.ng/index.php/majaf/article/view/18Board SizeGenderGender DiversityDeposit Money Banks |
| spellingShingle | S.O. James S.O Ajayi RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA Malete Journal of Accounting and Finance Board Size Gender Gender Diversity Deposit Money Banks |
| title | RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA |
| title_full | RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA |
| title_fullStr | RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA |
| title_full_unstemmed | RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA |
| title_short | RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND PROFITABILITY AMONG DEPOSIT MONEY BANKS IN NIGERIA |
| title_sort | relationship between board characteristics and profitability among deposit money banks in nigeria |
| topic | Board Size Gender Gender Diversity Deposit Money Banks |
| url | https://majaf.com.ng/index.php/majaf/article/view/18 |
| work_keys_str_mv | AT sojames relationshipbetweenboardcharacteristicsandprofitabilityamongdepositmoneybanksinnigeria AT soajayi relationshipbetweenboardcharacteristicsandprofitabilityamongdepositmoneybanksinnigeria |