Financial Risk Management And Corporate Performance Of Deposit Money Banks In Nigeria
Journal Title: Archives of Business Research - Year 2017, Vol 5, Issue 12
Abstract
Effective risk management system will minimize the complexities involved in planning, executing and controlling overall running of a business which is critical to success and this maximizes profitability in a business. This study examined the effect of financial risk management on the corporate performance of deposit money banks in Nigeria. In order to achieve the objective of the study, data were extracted from annual reports and accounts of fifteen (15) deposit money banks quoted on the Nigerian stock exchange, the period covered in the study is 2012-2016. Data for financial risk management proxied by bank size was extracted and corporate performance was represented by return on equity. In testing the research hypothesis, the study adopted both descriptive statistics and simple regression techniques analyzed with the aid of Statistical Package for Social Sciences (SPSS) version 20. The findings revealed that bank size have insignificant effect on the return on equity of deposit money banks in Nigeria during the year under review. Consequent upon this study, it was recommended that the CBN and other regulators should endeavor to enforce risk identification, assessment, measurement and control mechanism, in line with best global practices in other to avoid financial crisis and also improve on banks’ performances.
Authors and Affiliations
Ezelibe Chizoba Paulinus, Aniefor Sunday Jones
Keywords
Related Articles
- EP ID EP314281
- DOI 10.14738/abr.512.3909.
- Views 68
- Downloads 0
The Distribution Analysis for Extreme Returns of Nikkei 225 Index: Based on the Extreme Value Distribution of GEV and GL
This paper focuses on the problem of modelling extreme events in the financial market. The choice of the distribution that adequately models the extreme behavior of the financial time series. Extreme Value Theory outline...
Optimal Programming Problems for Crop Planning and Agricultural Resource Management
In this paper the researchers have developed two linear programming problems for optimal allocation of agricultural land with the objectives of minimizing farming costs and maximizing the revenue. The formulation of cons...
The Rise of Fraud Examination and Forensic Accounting in Africa: The Nigerian Experience
This paper documents the rise of fraud examination and forensic accounting education and research in Africa, using Nigeria to mirror the development. With attendant fraud and corrupt practices in Nigeria there are muted...
Socio-Demographic Determinants of the Experience of Physical Violence among Intimate Partners in Nigeria
In many cultures women are viewed and treated as inferior or as second-class citizens. Gender-based violence in all its forms is an on-going problem, even in the so-called developed world. Such violence has been associat...
The Impact Of Leadership Behavior On The Business Growth Through The Organizational Innovation And Managerial Practices
The main objective of this empirical study is to determine the affect of leadership behavior with the organizational innovative techniques and managerial practices on the businesses’ growth in Pakistan particularly in te...