Received: 2020-08-15  |  Accepted: 2020-12-15  |  Published: 2021-03-30

Title

Corporate governance mechanisms and financial reporting quality of commercial banks in Nigeria


Abstract

This study examined corporate governance mechanisms and financial reporting quality of listed commercial banks in Nigeria. The population of the study consists of all listed commercial banks on the stock exchange as at 31st December 2018. A sample of nine (9) listed commercial banks were selected and data were collected over the period 2008 to 2018. Descriptive statistics and panel Least Square regression were used for the data analysis. The findings reveal that board size and audit committee were negative and exerted significant impact on financial reporting quality of listed commercial banks while board independence is significant and exerts a positive influence on financial reporting quality of listed commercial banks in Nigeria. Female directorship does not have a significant relationship with financial reporting quality of listed commercial banks in Nigeria. The study therefore recommends that steps should be taken by regulators to stipulate stiffer penalty on firms engaging in earnings smoothing capable of undermining corporate governance ethics and framework for banks in Nigeria as this will serve as deterrent to others and further entrench sanity.


Keywords

board size, board independence, female directorship, audit committee size, financial reporting quality


JEL classifications

M41 , M42


URI

http://jssidoi.org/ird/article/64


DOI


HAL


Pages

136-146


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Ogbeide, Sunday Oseiweh
Elizade University, Ilara-Mokin, Nigeria https://www.elizadeuniversity.edu.ng
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Ogiugo, Henry Usunobun
Ajayi Crowther University, Abeokuta, Nigeria https://acu.edu.ng
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Adesuyi, Isaac Olufemi
Elizade University, Ilara-Mokin, Nigeria https://www.elizadeuniversity.edu.ng
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Journal title

Insights into Regional Development

Volume

3


Number

1


Issue date

March 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1980  |  PDF downloads: 924

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