Description
Abstract
This study investigates the effect of corporate governance and bank performance in Nigeria. Early analyses of Corporate Governance, explains classical management period, differentiated between leader and follower characteristics. Governance is the lifeblood of any organization and its importance cannot be underestimated. Corporate governance in today’s banking industry in Nigeria is a tough business. Organization leaders face a number of challenges as their jobs and the world around them become increasingly complex. Trends, such as organizational restructuring, globalization, rapid technological advances, cultural complexity and increasing demand for employee empowerment requires that managers adopt techniques and style of governance to meet these new challenges thus efficiency in resources mobilization, allocation, utilization and enhancement of organizational performance depends to a large extent, on governance but such is yet to be realized in real life situation of most organizations because of leadership style they adopt. The study also aimed at investigating the corporate governance and bank performance considering First bank Plc as the case study and the purpose of this study was to identify the style or styles of corporate governance adopted by the managers, and examine its effect on banks’ performance, which invariably translated to bank performance. Keywords: Performance, Bank, Governance, Corporate
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