The Effects of Corporate Governance On The Performance of Commercial Banks In Nigeria
The paper takes a look at the effects of corporate governance on the performance of commercial banks in Nigeria. As a managerial tool for judicious, preservation and prudent management of resources, corporate governance contributes to the economic health of banks in Nigeria. This explains the public interest and debate on corporate issues in Nigeria. The paper therefore concludes in absolute terms that corporate governance does affect banks’ performance and value of the firm. That strong governance standard is important for banks and increased governance quality leads to higher levels of investment as well as greater responsiveness of investment to growth opportunities. However, the paper avowed that substantial part of variability in corporate governance practices of commercial banks is due to interaction of forces from regulatory authorities, capital markets, government policies, environment factors as well as asset quality.