Download or read book Corporate Governance in Banking and Investor Protection written by Belén Díaz Díaz and published by Springer. This book was released on 2018-01-02 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the status quo of corporate governance in banking and investor protection from both theoretical and practical perspectives. Bringing together original conclusions with a regional and international focus, it provides a timely and comprehensive overview of the effectiveness of corporate governance in the financial sector and an assessment of investor protection. It also includes a number of examples and case studies to illustrate the findings. The book compares corporate governance in the banking and financial industries before and after the financial crisis, and helps to evaluate the effect of the recommendations and regulations that have been developed in the interim.
Download or read book Corporate Governance in the Nigerian Banking Industry written by Mahmoud Mohammed Isa-Dutse and published by . This book was released on 2009 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance Issues in the Nigerian Banking Industry written by Oyebola Akande and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook on Corporate Governance in Financial Institutions written by Christine A. Mallin and published by Edward Elgar Publishing. This book was released on 2016-05-27 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has led to more and more focus on corporate governance and financial institutions. There has been much coverage in the media about various corporate governance related issues in banks and other financial institutions, such as executive directors' remuneration and bankers' bonuses, board composition and board diversity. This book, dedicated to the corporate governance of banks and other financial institutions, makes a timely and accessible contribution to the literature in this area. The contributors are experts in their field with in-depth knowledge of the various countries including Italy, the UK, Germany, the US, China, Japan, Brazil, Russia, Australia and Nigeria, plus a chapter on Islamic financial institutions, covered in this book. Overall, the engagingly written chapters highlight many of the shortcomings of corporate governance which have led to financial scandals, whilst indicating areas where corporate governance can be strengthened and improved. Adding depth and accessibility to existing corporate governance books, this Handbook is ideal as a teaching and learning tool for undergraduate and postgraduate students. For directors and the general business and wider stakeholder communities concerned with corporate governance, it is an essential resource. Contributors:C.L. Ahmadjian, K.-J. Chang, M.J. Conyon, F. Cuomo, H. Farag, L. He, H.-Y Liang, I. Love, C.A. Mallin, C. Ogbechie, B. Okhunjanov, G. Pearson, S. Prigge, R.F. Schiozer, O.K. Tam, P.R.S. Terra, A. Zattoni
Download or read book Principles based Or Rules based System a Case for Reform of the Regulatory Approach to Corporate Governance in the Nigerian Banking Sector written by Kelechi Okorafor and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The corporate world over the past few decades has been plagued with instances of corporate mismanagement which resulted in the collapse of several companies. In Nigeria, several banks have collapsed, with the most recent being in 2018, and these failures have been largely credited to weak corporate governance practices. Banks are key in the development of emerging economies; therefore, good corporate governance of banks has far-reaching implications. To regulate corporate governance in Nigeria's banking industry, the principles-based approach is utilized. However, a critical examination would reveal that it has proven inadequate in achieving the regulatory objectives in light of the current challenges faced. This study proposes a restructure of the current system of regulating governance in the Nigerian banking industry. To achieve this, I engaged in a comparative analysis of the traditional principles-based and rules-based approach to governance regulation, using Canada and the United States as case study. Taking into consideration lessons from this cross-jurisdictional analysis, as well as the peculiarity of the Nigerian banking environment, the study explores new perspectives for regulating corporate governance within Nigerian banks and proposes the adoption of a unique approach.
Download or read book Corporate Governance written by Abiodun Fade and published by LAP Lambert Academic Publishing. This book was released on 2012-06 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author critically examined why corporate governance (CG)practices in Nigeria banks failed to solve agency problem despite additional guideline issued by the apex bank (Central bank of Nigeria). Two of the banks affected by recent banking reform in the country were used as the case study. The study answered the following questions; What is corporate governance and its functions in Nigerian banking industry? What are the common agency problems that manifest themselves in the principal agent relationship in the Nigeria banking industry? What is the role of Central bank regulation in ensuring sound corporate governance practices in Nigerian banks and why did it fail to unearth the agency problems? Holistic approach was used through diverse approaches in identifying and analyzing previous work on agency theory as it affects corporate governance. Some of Corporate governance dimensions examined in relation to principal-agents relationships are board of director, ownership, integrity of financial reporting, transparency. Inconclusive examination determining CG effect on principal-agent relationship necessitated the study."
Download or read book Corporate Governance in Banking written by Justine Chinoperekweyi, Ph.D. and published by Notion Press. This book was released on 2009 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis is the product of my PhD studies at the Department of International Economics and Management at Copenhagen Business School and consists of four essays - one literature review and three empirical studies - on different aspects of the corporate governance of banks. The four essays are self-contained and can be read independently.
Download or read book Corporate Governance and Internal Control System written by Kabir Tahir Hamid and published by LAP Lambert Academic Publishing. This book was released on 2012-06 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The banking industry is widely recognized as an indispensable link in the process of economic development. Regrettably, over the past decades, the Nigerian banking industry has not been able to trigger the desired level of socio-economic growth and development in the country due to a number of factors, including poor Corporate Governance, poor quality of risk assets, weak internal audit function and high incidence of fraud and forgeries, among others. Consequently, this resulted to distress and seizure of operating licenses of fifty (50) banks in the country, from 1994 to 2006. This book empirically assessed the relationship between Corporate Governance (CG) and Internal Control System (ICS) in the Nigerian banking industry, with a view to understanding how the effectiveness of control mechanisms can be enhanced; which ultimately will assist in ensuring that corporate scandals, frauds and failures are minimized; different risk exposures of banks mitigated; shareholders' wealth maximized; assets of depositors, shareholders and creditors protected and the value of banks enhanced in Nigeria.
Download or read book Corporate Governance Deficits written by Kenneth Ikechukwu Ajibo and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effective Corporate Governance Practices and Sustainable Performance in the Nigerian Banking Industry written by Moses Igho Nagbiku and published by . This book was released on 2016 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Responsible Corporate Governance written by Maria Aluchna and published by Springer. This book was released on 2017-05-10 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the tasks and functions of corporate governance in the light of current challenges and the dynamics that arise from a broader approach to company management and the integration of corporate governance with corporate social responsibility (CSR) and sustainability. Addressing the corporate governance shortcomings that are believed to have contributed to the recent financial crisis, it explores the interplay between corporate governance and CSR, and includes examples of company practice to show how such changes affect the practices of shareholders, boards of directors and regulators. In particular, the book examines shareholders’ activities, their different investment strategies, specific reporting expectations and the submission of proposals to the annual meeting. Further, for boards of directors it explores the need to revise their tasks with respect to the criteria for executive appointments, their corporate strategy, performance measures and diversity recommendations, while for directors it provides recommendations to reconsider the structure of executive pay and performance incentives. Lastly, for regulators the book investigates the need to introduce new laws addressing, for instance, the need for integrated reporting, limiting the voice of short term oriented shareholders and providing guidelines for executive compensation.
Download or read book An Alternative Corporate Governance Framework for the Nigerian Banking Sector written by Oladipo Olowosegun and published by . This book was released on 2019 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Corporate Governance of Banks in Nigeria written by Ukpai Kama and published by . This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the corporate governance of banks, bank boards of directors play a significant role by monitoring and advising management in the formulation and implementation of strategies. Our hypothesis is that certain characteristics of bank boards (size, composition and proactiveness) determine the effectiveness of the boards in carrying out its monitoring and advisory roles. After controlling for heterogeneity and endogeneity using the two-step system estimator, we find that admitting new members into the board improves bank performance up to a certain point 'efficient limit' where continuous increase of the board size begins to destroy value. We observe an inverse relation between board meetings and bank performance which suggest to us that bank boards that meet more often are only reacting to bank's poor performance. This challenges the widespread belief that frequent board meetings play a role that is more proactive than reactive. We agree that bank boards strategically alleviate the problems of governance in banks and reduce the weakness of other corporate governance mechanisms, especially the regulatory and external governance mechanism. Hence empowering boards through incentive packages and enlarged responsibilities with authority to monitor, sanction, reprimand and advise management will be the way forward for the Nigerian banking sector.
Download or read book Corporate Governance in Banking and Other Financial Institutions written by Mazi Okechukwu C. K. Unegbu and published by . This book was released on 2004* with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-05-28 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-05-28 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Download or read book Auditors Role and Practice of Corporate Governance written by Peace Onuwabhagbe Okougbo and published by . This book was released on 2015 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasing rate of accounting scandals has steered up discourse on the practice of good corporate governance. The banking industry participates in financial intermediation by bringing together both the surplus and deficit units of the economy thus accentuating the relevance of good corporate governance practice. Variables such as the independence, objectivity and integrity of the auditor are identified. This paper looks at the practice of good corporate governance in the banking industry. A field survey based on stratified sampling technique was used in the execution of the study. Four hypotheses were tested using the chi square non parametric test on data obtained from the field survey. The major findings are that banking institutions design their own codes of corporate governance based on the SEC and CBN codes and the independence, objectivity and integrity enhances the external auditors' role in ensuring the accountability function of corporate governance in the Nigerian Banking industry. The major recommendations are that the banking industry should set up a Shareholder's Investors' Grievance Committee and the external auditors should also issue a certificate of compliance with corporate governance requirements.
