Effect of Corporate Governance on Financial Performance of Quoted Commercial Banks in Nigeria (Published)
This study investigates the impact of corporate governance on the financial performance of Nigeria’s publicly traded commercial banks. The objective of this study is to determine if board size, board female gender, and board independence have effect on the financial performance of quoted commercial banks in Nigeria. Five (5) quoted commercial banks in Nigeria was examined, ranging from the years 2011 to 2020. Secondary data was used and obtained from the bank’s annual reports published in Nigeria Exchange Group. Cross-Sectional research design was used, and the method of data analysis used was panel multiple regression. Findings revealed that board independence has a significant impact on financial performance ( return on assets) of quoted commercial banks in Nigeria but shows negative relationship with financial performance ( return on assets) of quoted commercial banks, study further revealed that board size has a negative relationship with bank’s financial performance (return on assets) but has significant value on the financial performance (return on assets) , findings also revealed that at least two female board members were represented in every corporate organization studied, female board membership has a positive relationship with banks’ financial performance (Return on Assets), but shows insignificant value on financial performance (return on assets). The study concluded and recommended that, despite some of the independent variables shows insignificant values, Board independent, Board size, Board female gender mechanisms continue to be a critical component of corporate governance in achieving any organization’s objectives, financial or otherwise.
Citation: Orumwense E.K. and Orumwense O. (2023) Effect of Corporate Governance on Financial Performance of Quoted Commercial Banks in Nigeria, European Journal of Accounting, Auditing and Finance Research, Vol.11, No. 4, pp.1-14
Keywords: Banks’, Board Composition, Corporate, Governance, Nigeria, financial crisis
A Big Data Analysis with Machine Learning techniques in Accounting dataset from the Greek banking system (Published)
The effects of the 2008 financial crisis undoubtedly caused problems not only to the banking sector but also to the real economy of the developed and the developing countries in almost all around the globe. Besides, as is widely known, every banking crisis entails the corresponding cost to the economy of each country affected by it, which results from the shakeout and the restructuring of its financial system. The purpose of this research is to investigate the consequences of the financial crisis and the COVID-19 health crisis and how these affected the course of the four systemic banks (Eurobank, Alpha Bank, National Bank, Piraeus Bank) through the analysis of ratios for the period of 2015-2020.
Citation: Georgios L. Thanasas , Leonidas Theodorakopoulos , Spyridon Lampropoulos (2022) A Big Data Analysis with Machine Learning techniques in Accounting dataset from the Greek banking system, European Journal of Accounting, Auditing and Finance Research, Vol.10, No. 8, pp.1-9,
Keywords: Big Data, COVID-19, Ratios, accounting data, financial crisis
The Role of Over-The-Counter (OTC) Derivatives in Global Financial Crisis and Corporate Failures in Recent Times and Its Regulatory Impacts (Published)
The paper examined the role played by over-the –counter (OTC) derivatives in the recent global financial crisis and corporate failures, and the extent to which these have impacted the regulation of OTC derivatives products and markets. The research methodology employed is the critical analysis of empirical literature. The findings of the paper are therefore mixed as there were divergent views as to OTC derivatives being the sole cause of the global financial crisis and corporate failures among stakeholders. The paper therefore proposed consistency in OTC derivatives reforms among countries, proper supervision by regulatory bodies over OTC participants among others.
Keywords: Financial Markets, Over - The – Counter, Regulation, Risk, derivatives, financial crisis
Basel II Capital Adequacy Framework in the light of the Financial Crisis (Published)
These papers cover the discussion about the relevance of Basel II capital adequacy framework in the aftermath of the global financial crisis. This study covers in detail the affects of the Basel II on the financial institutions, the problems it carries and the suggestions that are needed to make improvements in it. The discussion covers in detail the impact of different factors on the global financial crisis, the reasons about their behavior and the most effect of the global financial crisis on the western banks as well.
Keywords: Basel II, Capital, Framework, financial crisis