BALOGUN, SHERIF BABAJIDE and AJAO, C. C (2018) CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE: A Study of Selected Insurance Companies in Nigeria. 13 UNILAG ANNUAL RESEARCH CONFERENCE AND FAIR. pp. 1-19.
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Abstract
This paper examines the impact of corporate governance on the performance of insurance companies in Nigeria. The study covers the period of 5years between 2011 and 2015, uses multiple regression analysis to test the significant effect of each independent variables on dependent variable and data were obtained through secondary data. It was reveals that board size contributes negatively while leverage contributes positively to return on asset. Management team was removed automatically by the package due to multi collinearity problem. The study concluded that corporate governance does not have significant impact on the performance of insurance companies in Nigeria and recommends that NAICOM should improve on supervision of the nation’s insurance industry activities by strengthening its inspection and enforcement divisions. This is necessary to ensure that the code of good corporate governance for insurance industry is strictly adhered to by practitioners and other stakeholders. Compliance with code of good corporate governance would promote safe and sound insurance practice in the insurance industry.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HG Finance H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Miss Ayomikun Ogunbadejo |
| Date Deposited: | 11 May 2020 19:28 |
| Last Modified: | 11 May 2020 19:28 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/85 |
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