Poor Corporate Governance and its Consequences on the Nigerian Banking Sector.

Simple item page
dc.contributor.authorOghojafor, B. E. A.
dc.contributor.authorOlayemi, O.O.
dc.contributor.authorOkonji, P.S.
dc.contributor.authorOkolie, J.U.
dc.date.accessioned2017-10-24T13:19:07Z
dc.date.available2017-10-24T13:19:07Z
dc.date.issued2010
dc.descriptionStaff publicationen_US
dc.description.abstractThe anxiety over the current banking crisis in Nigeria is understandable. This is borne out of the fact that the economic development of any country is directly tied to its banking sector. The effectiveness and efficiency with which the banks perform their intermediary roles between the surplus and deficit spending units of the economy determines to a very large extent the prosperity of any nation. Corporate governance is systematic and formalized manners of ensuring that top management represented by the board of directors do not make decision making powers occasioned by management and ownership separation to pursue personal interests at the expense of other stakeholders. This study made use of structured questionnaire to elicit responses from conveniently selected respondents comprising of investment experts, academics, banks customers, public and policy analysts with in Lagos metropolis. It was hypothesized and the study confirmed that poor governance culture and supervisory laxities were majorly responsible for the current banking crises. The study recommended an adherence to the execution of the tenets of good corporate governance in Nigerian banking sector and actions contrary to this should be dealt with appropriately by bringing offenders to book irrespective of their status in the society.en_US
dc.identifier.citationOghojafor, B. E. A., Olayemi, O.O., Okonji, P.S. & Okolie, J.U. (2010), Poor Corporate Governance and its Consequences on the Nigerian Banking Sector. Serbian Journal of Management, vol. 5 (2)en_US
dc.identifier.issnhttps://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=POOR+CORPORATE+GOVERNANCE+AND+ITS+CONSEQUENCES+ON+THE+NIGERIAN+BANKING+SECTOR&btnG=
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2526
dc.language.isoenen_US
dc.subjectBanking crisesen_US
dc.subjectEfficiencyen_US
dc.subjectEconomic developmenten_US
dc.subjectCorporate governanceen_US
dc.titlePoor Corporate Governance and its Consequences on the Nigerian Banking Sector.en_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Poor Corporate Governance and it's Consequences on the Nogerian Banking Sector.pdf
Size:
91.73 KB
Format:
Adobe Portable Document Format
Description:
Full text
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Business Administration- Scholarly Publications