Browsing by Author "Yunus AbdulRasheed Bolaji"

Now showing 1 - 1 of 1
  • Item
    Board gender representation, employee friendlt workplace and firm performanceof Nigeria deposit money
    (Ilorin Journal of Accounting, 2021) Yunus AbdulRasheed Bolaji; Fagbemi, T.O; Dauda, A; Salman, R.T; Abdulmumin, B.A
    Banking crisis is recurring in Nigeria despite the introduction of several regulations and corporate governance mechanism. In the light of recurring crisis, board diversity was identified as one of the essential ingredients in ensuring board performance. As a result, this study examined whether employee friendly workplace can moderate the relationship between board gender representation and firm performance of deposit money banks in Nigeria. The specific objectives were: (i) examine if board gender representation has effect on firm performance of Nigerian Deposit Money Banks; (ii) assess if employee friendly environments have effect on performance of listed Nigerian Deposit Money Banks; (iii) investigate whether employee friendly environments can moderate the relationship between board gender representation and performance of Nigerian Deposit Money Banks. The study employed the ex-post facto research design and data were gathered from secondary sources, specifically, the financial year annual audited reports of deposit money banks listed on the Nigerian Stock Exchange (NSE). Census study was adopted because all the fifteen deposit money banks listed on the NSE as at December 2018, over the periods 2012 to 2018, were examined. The Breusch and pagan panel Lagrange multiplier (BP-LM) indicated the appropriateness of pooled OLS regression. The estimated R-squared value of 0.892 and F-statistic value of 2.03 (with p-value of 0.005), indicating that about 89.2 percent of variations in banks' performance is explained by the model, and that the overall model is statistically significant. The probability value of 0.08 and 0.000 for board gender representation and employee friendly workplace indicated that they are both statistically significant at 10%. The study concluded that employee friendly workplace influences performance of Nigerian deposit money banks and thus recommended increase in the number of females on board of directors of listed deposit money banks in Nigeria in order to enhance or improve profitability.