Corporate governance mechanisms and financial reporting quality of commercial banks in Nigeria
| Autor: | Sunday Oseiweh Ogbeide, Isaac Olufemi Adesuyi, Henry Usunobun Ogiugo |
|---|---|
| Přispěvatelé: | Elizade University, Ajayi Crowther University |
| Rok vydání: | 2021 |
| Předmět: |
Finance
education.field_of_study Descriptive statistics business.industry Corporate governance media_common.quotation_subject Population Audit committee Board Independence financial Reporting Quality Sample (statistics) [SHS.ECO]Humanities and Social Sciences/Economics and Finance Earnings smoothing Audit Committee Size JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M4 - Accounting and Auditing/M.M4.M41 - Accounting Stock exchange Quality (business) Board Size Business JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M4 - Accounting and Auditing/M.M4.M42 - Auditing education Female Directorship media_common |
| Zdroj: | Insights into Regional Development Insights into Regional Development, Entrepreneurship and Sustainability Center, 2021, 3 (1), pp.136-146. ⟨10.9770/ird.2021.3.1(8)⟩ |
| ISSN: | 2669-0195 |
| DOI: | 10.9770/ird.2021.3.1(8) |
| Popis: | International audience; This study examined corporate governance mechanisms and financial reporting quality of listed commercial banks in Nigeria. The population of the study consists of all listed commercial banks on the stock exchange as at 31 st December 2018. A sample of nine (9) listed commercial banks were selected and data were collected over the period 2008 to 2018. Descriptive statistics and panel Least Square regression were used for the data analysis. The findings reveal that board size and audit committee were negative and exerted significant impact on financial reporting quality of listed commercial banks while board independence is significant and exerts a positive influence on financial reporting quality of listed commercial banks in Nigeria. Female directorship does not have a significant relationship with financial reporting quality of listed commercial banks in Nigeria. The study therefore recommends that steps should be taken by regulators to stipulate stiffer penalty on firms engaging in earnings smoothing capable of undermining corporate governance ethics and framework for banks in Nigeria as this will serve as deterrent to others and further entrench sanity. |
| Databáze: | OpenAIRE |
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