Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks

Ayotunde Qudus Saka; Ifeoma Patricia Osamor

doi:doi:10.11648/j.jfa.20221006.11

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Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks

Ayotunde Qudus Saka, Ifeoma Patricia Osamor

Published in Journal of Finance and Accounting (Volume 10, Issue 6)

Received: 10 October 2022 Accepted: 4 November 2022 Published: 11 November 2022

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Abstract

Purpose: The recent corporate scandals and events across the world redirected the thinking of regulators around the world towards enacting more robust rules to ensure transparency, adequate disclosure, and accountability in the corporate regulation. The banking sector is critical to the economic development of any nation, therefore, apex regulatory bodies (Central Banks) in various countries regulate the activities of banks to prevent a systemic collapse to assure financial stability. This study investigates the impact of corporate governance indicators on capital adequacy and liquidity of selected Deposit Money Banks in Nigeria. Methodology/Design/Approach: The study adopts a quantitative research approach in which data were collected from publicly available secondary sources between 2009 and 2018 for 12 banks using judgmental sampling techniques out of 21 Deposit Money Banks as of 2018 to represent the Nigeria Banking sector, Pooled OLS, Random effect model were estimated by random-effect GLS regression and fixed effect models were used to analyze the impact of corporate governance indicators selected on capital adequacy and liquidity Nigerian DMBs. Originality/Value: The body of knowledge in the areas of corporate financial management, finance and accounting, as well as bank performance and corporate governance, particularly in Sub-Saharan African nations, will be enriched by this research.

Published in	Journal of Finance and Accounting (Volume 10, Issue 6)
DOI	10.11648/j.jfa.20221006.11
Page(s)	238-243
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Capital Adequacy, Liquidity, Corporate Governance, DMBs

References

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APA Style

Ayotunde Qudus Saka, Ifeoma Patricia Osamor. (2022). Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. Journal of Finance and Accounting, 10(6), 238-243. https://doi.org/10.11648/j.jfa.20221006.11

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ACS Style

Ayotunde Qudus Saka; Ifeoma Patricia Osamor. Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. J. Finance Account. 2022, 10(6), 238-243. doi: 10.11648/j.jfa.20221006.11

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AMA Style

Ayotunde Qudus Saka, Ifeoma Patricia Osamor. Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. J Finance Account. 2022;10(6):238-243. doi: 10.11648/j.jfa.20221006.11

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@article{10.11648/j.jfa.20221006.11,
  author = {Ayotunde Qudus Saka and Ifeoma Patricia Osamor},
  title = {Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks},
  journal = {Journal of Finance and Accounting},
  volume = {10},
  number = {6},
  pages = {238-243},
  doi = {10.11648/j.jfa.20221006.11},
  url = {https://doi.org/10.11648/j.jfa.20221006.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20221006.11},
  abstract = {Purpose: The recent corporate scandals and events across the world redirected the thinking of regulators around the world towards enacting more robust rules to ensure transparency, adequate disclosure, and accountability in the corporate regulation. The banking sector is critical to the economic development of any nation, therefore, apex regulatory bodies (Central Banks) in various countries regulate the activities of banks to prevent a systemic collapse to assure financial stability. This study investigates the impact of corporate governance indicators on capital adequacy and liquidity of selected Deposit Money Banks in Nigeria. Methodology/Design/Approach: The study adopts a quantitative research approach in which data were collected from publicly available secondary sources between 2009 and 2018 for 12 banks using judgmental sampling techniques out of 21 Deposit Money Banks as of 2018 to represent the Nigeria Banking sector, Pooled OLS, Random effect model were estimated by random-effect GLS regression and fixed effect models were used to analyze the impact of corporate governance indicators selected on capital adequacy and liquidity Nigerian DMBs. Originality/Value: The body of knowledge in the areas of corporate financial management, finance and accounting, as well as bank performance and corporate governance, particularly in Sub-Saharan African nations, will be enriched by this research.},
 year = {2022}
}

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TY  - JOUR
T1  - Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks
AU  - Ayotunde Qudus Saka
AU  - Ifeoma Patricia Osamor
Y1  - 2022/11/11
PY  - 2022
N1  - https://doi.org/10.11648/j.jfa.20221006.11
DO  - 10.11648/j.jfa.20221006.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 238
EP  - 243
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20221006.11
AB  - Purpose: The recent corporate scandals and events across the world redirected the thinking of regulators around the world towards enacting more robust rules to ensure transparency, adequate disclosure, and accountability in the corporate regulation. The banking sector is critical to the economic development of any nation, therefore, apex regulatory bodies (Central Banks) in various countries regulate the activities of banks to prevent a systemic collapse to assure financial stability. This study investigates the impact of corporate governance indicators on capital adequacy and liquidity of selected Deposit Money Banks in Nigeria. Methodology/Design/Approach: The study adopts a quantitative research approach in which data were collected from publicly available secondary sources between 2009 and 2018 for 12 banks using judgmental sampling techniques out of 21 Deposit Money Banks as of 2018 to represent the Nigeria Banking sector, Pooled OLS, Random effect model were estimated by random-effect GLS regression and fixed effect models were used to analyze the impact of corporate governance indicators selected on capital adequacy and liquidity Nigerian DMBs. Originality/Value: The body of knowledge in the areas of corporate financial management, finance and accounting, as well as bank performance and corporate governance, particularly in Sub-Saharan African nations, will be enriched by this research.
VL  - 10
IS  - 6
ER  -

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Author Information

Ayotunde Qudus Saka

Department of Accounting, Faculty of Management Sciences, Lagos State University, Ojo, Nigeria
Ifeoma Patricia Osamor

Department of Accounting, Faculty of Management Sciences, Lagos State University, Ojo, Nigeria

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Plain Text BibTeX RIS

APA Style

Ayotunde Qudus Saka, Ifeoma Patricia Osamor. (2022). Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. Journal of Finance and Accounting, 10(6), 238-243. https://doi.org/10.11648/j.jfa.20221006.11

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ACS Style

Ayotunde Qudus Saka; Ifeoma Patricia Osamor. Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. J. Finance Account. 2022, 10(6), 238-243. doi: 10.11648/j.jfa.20221006.11

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AMA Style

Ayotunde Qudus Saka, Ifeoma Patricia Osamor. Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks. J Finance Account. 2022;10(6):238-243. doi: 10.11648/j.jfa.20221006.11

Copy | Download

@article{10.11648/j.jfa.20221006.11,
  author = {Ayotunde Qudus Saka and Ifeoma Patricia Osamor},
  title = {Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks},
  journal = {Journal of Finance and Accounting},
  volume = {10},
  number = {6},
  pages = {238-243},
  doi = {10.11648/j.jfa.20221006.11},
  url = {https://doi.org/10.11648/j.jfa.20221006.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20221006.11},
  abstract = {Purpose: The recent corporate scandals and events across the world redirected the thinking of regulators around the world towards enacting more robust rules to ensure transparency, adequate disclosure, and accountability in the corporate regulation. The banking sector is critical to the economic development of any nation, therefore, apex regulatory bodies (Central Banks) in various countries regulate the activities of banks to prevent a systemic collapse to assure financial stability. This study investigates the impact of corporate governance indicators on capital adequacy and liquidity of selected Deposit Money Banks in Nigeria. Methodology/Design/Approach: The study adopts a quantitative research approach in which data were collected from publicly available secondary sources between 2009 and 2018 for 12 banks using judgmental sampling techniques out of 21 Deposit Money Banks as of 2018 to represent the Nigeria Banking sector, Pooled OLS, Random effect model were estimated by random-effect GLS regression and fixed effect models were used to analyze the impact of corporate governance indicators selected on capital adequacy and liquidity Nigerian DMBs. Originality/Value: The body of knowledge in the areas of corporate financial management, finance and accounting, as well as bank performance and corporate governance, particularly in Sub-Saharan African nations, will be enriched by this research.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Impact of Selected Corporate Governance Indicators on Capital Adequacy and Liquidity in Nigerian Deposit Money Banks
AU  - Ayotunde Qudus Saka
AU  - Ifeoma Patricia Osamor
Y1  - 2022/11/11
PY  - 2022
N1  - https://doi.org/10.11648/j.jfa.20221006.11
DO  - 10.11648/j.jfa.20221006.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 238
EP  - 243
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20221006.11
AB  - Purpose: The recent corporate scandals and events across the world redirected the thinking of regulators around the world towards enacting more robust rules to ensure transparency, adequate disclosure, and accountability in the corporate regulation. The banking sector is critical to the economic development of any nation, therefore, apex regulatory bodies (Central Banks) in various countries regulate the activities of banks to prevent a systemic collapse to assure financial stability. This study investigates the impact of corporate governance indicators on capital adequacy and liquidity of selected Deposit Money Banks in Nigeria. Methodology/Design/Approach: The study adopts a quantitative research approach in which data were collected from publicly available secondary sources between 2009 and 2018 for 12 banks using judgmental sampling techniques out of 21 Deposit Money Banks as of 2018 to represent the Nigeria Banking sector, Pooled OLS, Random effect model were estimated by random-effect GLS regression and fixed effect models were used to analyze the impact of corporate governance indicators selected on capital adequacy and liquidity Nigerian DMBs. Originality/Value: The body of knowledge in the areas of corporate financial management, finance and accounting, as well as bank performance and corporate governance, particularly in Sub-Saharan African nations, will be enriched by this research.
VL  - 10
IS  - 6
ER  -

Copy | Download