An Evaluation of Corporate Governance on the Performance of Micro Finance Institutions in Nigeria
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Date
2014
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Department of Accounting, Faculty of Administration, Nasarawa State University Keffi
Abstract
Microfinance banks (MFBs) are the most prominent providers of financial services to low income people, their economic and social performance is subject to debate. How MFBs are governed is likely to affect their efficiency, outreach to the poor, sustainability, and impact on poverty alleviation. This study examines the effects of corporate governance on the performance of MFBs. Specifically, it examines the characteristics and diversity of people who sit on board of MFBs. It also examines the effect of board size on performance of MFBs. Secondary data were employed and analysed through panel regression using both fixed and random effect model.
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Keywords
Corporate Governance, Performance, Sustainability, Outreach, Board Members