Research Article

CORPORATE GOVERNANCE AND PERFORMANCE OF NIGERIAN BAILED-OUT BANKS: A PILOT STUDY

1 Department of Accounting, Ahmadu Bello University Zaria, Nigeria
* Corresponding author: nsaliyu99@yahoo.com
Published: Dec, 2015
Pages: 219-230
Views: 13
Downloads: 5

Abstract

This paper aims at reporting a detailed process of pilot study starting from the questionnaire design to pilot study in order to establish the measures validity and reliability. The result of the reliability analysis will confirm the measuring capacity of the items for each construct and also form the basis of hypotheses testing on the relationships between CG variables and bailed-out banks’ performance. CG characteristics in this paper were suitably adopted as they relate to the peculiar CG problems of the Nigerian banking sector. This paper thus, concluded that the items for every construct were all established reliable and valid for measuring the constructs of the model, fit for further analysis and hypotheses test.

References

  1. Albring, S., Robinson, D. & Robinson, M., 2013. Audit committee financial expertise, corporate governance, and the voluntary switch from auditor-provided to non-auditor-provided tax services. Advances in Accounting, incorporating Advances in International Accounting, pp.1 –14. Available at: http://linkinghub.elsevier.com/retrieve /pii/S0882 611013000655 [Accessed March 17, 2014].
  2. Bhagat, S. & Bolton, B., 2008. Corporate governance and firm performance. Journal of Corporate Finance, 14(3), pp.257–273. Available at: http://www.sciencedirect.com /science/article/pii/S0929119908000242 [Accessed April 8, 2014].
  3. CBN, C.B. of N., 2010. Central bank of Nigeria., Available at: www.cbnnigeria.org.
  4. Clifford, P. & Evans, R., 1997. Non-Executive Directors: A Question of Independence. Corporate Governance, 5(4), pp.224–231. Available at: http://doi.wiley.com/101111/14 67-8683.00064.
  5. Doug, A. et al., 2006. Why do a pilot study? Available at: http://www.je-lks.org/index.php/full-volumes/english-version-2005?task.
  6. Guest, P.M., 2008. The determinants of board size and composition: Evidence from the UK. Journal of Corporate Finance, 14(1), pp.51–72. Available at: http://www.sciencedirect. com/science/article/pii/S0929119908000035 [Accessed March 24, 2014].
  7. Hair Jr, J. . et al., 2010. Multivariate Data Analysis. 7th Edition 7th ed., Pearson prentice Hall.
  8. Hair, J.F. et al., 2007. Research method for business., West Sussex, England: John Wiley & Sons Ltd.
  9. Kao, M., Hodgkinson, L. & Jafar, A., 2008. Board Characteristics , Ownership Structure and Firm Performance : Evidence from Taiwan Board characteristics. , pp.1–36.
  10. Malhotra, N., 1999. Marketing Research: An Applied Orientation 3rd editio., New Jersey: Prentice Hall.
  11. NDIC, 2011. Resolution of failing banks through the establishment of bridge banks., Abuja.
  12. Nunnally, J.C. & Bernstein, IH., 1994. Psychometric theory 3rd ed., New York: McGraw-Hill.
  13. Oluranti, O.O., 1991. "The Deregulation of Nigeria's Financial Industry: Merits and Demerits". NDIC Quarterly,, 1(4), pp.57–68.
  14. Sanusi, S., 2010. "The Nigerian Banking Industry: What went wrong and the way forward" Governor, Central Bank of Nigeria., Kano.
  15. Sekaran, U. & Bougie, R., 2010. Research methods for business: A skill building approach 5th Editio., New Jersey: John Wiley and Sons.
  16. Soludo, C.C., 2004. Consolidating the Nigerian Banking Industry to Meet the Development Challenges of the 21st Century., Abuja, Nigeria.
  17. de Villiers, C., Naiker, V. & van Staden, C.J., 2011. The Effect of Board Characteristics on Firm Environmental Performance. Journal of Management, 37(6), pp.1636–1663. Available at: http://jom.sagepub.com/cgi/doi/10.1177/0149206311411506 [Accessed January 13, 2014].
  18. Zahra, S. & Pearce, J., 1989. Boards of Directors and Corporate Financial Performance : A Review and integrative Model. , 15(2), pp.291–334.
  19. Zahra, S.A., 1996. Goverance , Ownership , and Corporate Entrepreneurship : The Moderating Impact of Industry Technological Opportunities. Academy of Management Journal, 39(6), pp.1713–1735.
How to Cite

Aliyu, N. S. (2015). CORPORATE GOVERNANCE AND PERFORMANCE OF NIGERIAN BAILED-OUT BANKS: A PILOT STUDY. Nigerian Journal of Accounting Research, 11(2), 219-230.

N. S. Aliyu, "CORPORATE GOVERNANCE AND PERFORMANCE OF NIGERIAN BAILED-OUT BANKS: A PILOT STUDY," Nigerian Journal of Accounting Research, vol. 11, no. 2, pp. 219-230, December 2015.

Share this article:
Facebook X / Twitter LinkedIn