CORPORATE GOVERNANCE AND BANKRUPTCY RISK: AN EMPIRICAL ANALYSIS OF NIGERIAN BANKS

Fuente: Zenodo
Enregistré dans:
Détails bibliographiques
Auteurs principaux: Ezekwere, Uzochukwu, Amahi Uchechukwu, Fidelis
Format: Recurso digital
Langue:anglais
Publié: Zenodo 2025
Sujets:
Accès en ligne:
Tags: Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
_version_ 1866902298432634880
author Ezekwere, Uzochukwu
Amahi Uchechukwu, Fidelis
author_facet Ezekwere, Uzochukwu
Amahi Uchechukwu, Fidelis
contents <p><span>This study determined the effect of corporate governance on bankruptcy risk in commercial banks in Nigeria, using audit committee independence, and remuneration committee</span><span>. Ex Post Facto research design was adopted for the study. A sample of eight deposit money banks was used for the study. D</span><span>ata were obtained from the annual reports and audited accounts of the banks under assessment<strong>. </strong>Altman's original model for public companies was used to extract data and the formulated hypotheses were tested with regression analysis with aid of E-View 9.0.<span>  </span>The analysis and hypotheses tested shows that <span>audit committee independence</span></span><span> </span><span>has no significant </span><span>effect on bankruptcy risk commercial banks in Nigeria</span><span>. </span><span>However, the study revealed that </span><span>remuneration</span><span> committee </span><span>has a positive significant effect on bankruptcy risk commercial banks in Nigeria</span><span>.</span><span> </span><span>Based on the results, the study recommended among others that </span><span>Since the board of director serves as internal control mechanism in the corporate governance,</span><span> banks policy makers should provide adequate regulations on the specific number of boards to be working with, hence, audit committee independence</span><span> is likely to reduce the probability of bankruptcy as they bring wider knowledge and better expertise to the bank</span><span>.</span></p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_14629040
institution Zenodo
language eng
publishDate 2025
publisher Zenodo
record_format zenodo
spellingShingle CORPORATE GOVERNANCE AND BANKRUPTCY RISK: AN EMPIRICAL ANALYSIS OF NIGERIAN BANKS
Ezekwere, Uzochukwu
Amahi Uchechukwu, Fidelis
Corporate governance, Audit committee independence, Remuneration committee and Bankruptcy risk
<p><span>This study determined the effect of corporate governance on bankruptcy risk in commercial banks in Nigeria, using audit committee independence, and remuneration committee</span><span>. Ex Post Facto research design was adopted for the study. A sample of eight deposit money banks was used for the study. D</span><span>ata were obtained from the annual reports and audited accounts of the banks under assessment<strong>. </strong>Altman's original model for public companies was used to extract data and the formulated hypotheses were tested with regression analysis with aid of E-View 9.0.<span>  </span>The analysis and hypotheses tested shows that <span>audit committee independence</span></span><span> </span><span>has no significant </span><span>effect on bankruptcy risk commercial banks in Nigeria</span><span>. </span><span>However, the study revealed that </span><span>remuneration</span><span> committee </span><span>has a positive significant effect on bankruptcy risk commercial banks in Nigeria</span><span>.</span><span> </span><span>Based on the results, the study recommended among others that </span><span>Since the board of director serves as internal control mechanism in the corporate governance,</span><span> banks policy makers should provide adequate regulations on the specific number of boards to be working with, hence, audit committee independence</span><span> is likely to reduce the probability of bankruptcy as they bring wider knowledge and better expertise to the bank</span><span>.</span></p>
title CORPORATE GOVERNANCE AND BANKRUPTCY RISK: AN EMPIRICAL ANALYSIS OF NIGERIAN BANKS
topic Corporate governance, Audit committee independence, Remuneration committee and Bankruptcy risk
url https://doi.org/10.5281/zenodo.14629040