Risk Management Committee Attributes and Bank performance in Nigeria

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Date

2017-12-31

Journal Title

Journal ISSN

Volume Title

Publisher

A Publication of Departments of Accounting & Finance and Business Administration, Fountain University, Osogbo

Abstract

A dearth of research exists in bank corporate governance via the risk management related governance variables in Nigeria. This study was therefore conducted to examine the impact of risk management committee on performance of deposit money banks in Nigeria from 2007 to 2015. Data were collected from a sample of 15 banks listed on the Nigerian Stock Exchange. The analysis was done with the use of Multiple regression technique. The study found that all the risk governance variables except risk commitee size are postively related to return on asset and return on equity as indicators of bank performance. The study concluded that risk governance has positive and significant effect on performance of banks in Nigeria. Therefore, the study recommends that the members of risk commitee be properly motivated, meet more frequently, include more independent directors and more financial and risk experts as all these will lead to better performance of the banks.

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N/A

Keywords

Risk governance, bank performance, risk committee, Nigeria

Citation

Jimoh &Attah

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