Browsing by Author "Mustapha, Abdulkadri"

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    CORPORATE GOVERNANCE AND PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA
    (Department of Marketing, Veritas University, Abuja, 2021) Kolawole, Kayode; Ajayi, Micheal; Busari, Romoke; Mustapha, Abdulkadri
    The efforts in implementing sound corporate governance practices in banks across the world after the financial scandals in 2008 has been overwhelming. However, Nigerian banking institutions still suffers from massive financial misappropriation despite effort in entrenching sound corporate governance in the sector. Hence, this study investigated corporate governance and performance of Nigerian deposit money banks. This study employed both primary data and secondary data. The primary data was obtained through questionnaire administration while the secondary data were sourced from the financial reports of thirteen selected listed deposit money banks in Nigeria. The population of the study is all listed deposit money banks in Nigeria. However, one hundred and fifty (150) copies of questionnaire were administered to managers and staff of this selected Nigerian deposit money banks. Ordered logit and panel least square method of multiple regression analysis were used to achieve the objectives of the study. The findings of random effect model showed that board independence is a significant determinant of performance of deposit money banks in Nigeria with coefficient values of 2.891 at 5%. Thus, the study concludes that corporate governance impact significantly on performance of deposit money banks in Nigeria. The study recommends that regulators should ensure that board of directors are independent from shareholders’ control when making decisions on critical issues that affect the banks’ performance.
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    EFFECTS OF FINANCIAL INCLUSION ON PER CAPITAL INCOME IN NIGERIA
    (Faculty of Management Sciences, University of Ilorin, 2020-06) Kolawole, Kayode; Ajayi, Olu; Mustapha, Abdulkadri; Ibrahim, Rahji
    Financial accessibility is an important strategy used for stimulating economic growth and efficiently allocate financial resources for productivity. Yet, Nigerians do not have adequate access to formal finance and are forced to rely on risky and expensive informal services thereby limiting their contribution to economic growth. Hence, the need to examine the effects of financial inclusion on per capital income in Nigeria. In line with this objective, the study employed time series data covering the period of 1987 to 2019. The method of data analysis used in the study was Autoregressive Distributed Lag Model. The study revealed that financial inclusion has significant impact on per capital income in Nigeria at 1% significance level with coefficient value of 6.528999. The study also revealed that interest rates negatively impact on per capital income in Nigeria at 1% significance level with coefficient value of -4.035544. The study concluded that financial inclusion is a significant determinant of per capital income in Nigeria. The study recommends that management of banks should managed interest rates in such a way that will encourage the usage of financial services.