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 85
- Downloads 0
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...
Applicated Pricing Strategies in Jordanian Medicine Scoter and There Effects On Customer Satisfaction (View Point Of Mangers)
The aims of study to know the "applicated pricing strategies in Jordanian medicine sector and there effects on customer satisfaction "according to the perspective of the market medicine, pricing, satisfaction and its imp...
Influence of Product Placements in Films and Television on Consumers Brand Awareness
Today marketers are hugely making use of product placements in films and television. Product placements are being thought to be more beneficial as they are incorporated in the storyline and therefore this is hard to be m...
A Critical Literature Review On The Link Between Multinational Enterprises Presence, Absorptive Capacity And Competitive Advantage Of Firms
Scholars seem to agree on the importance of the local activity of foreign MNEs for country’s development, but opinions differ widely concerning their impact. As the government work out policies to improve Foreign Direct...
Agility and inter-organizational relations as elements of creating knowledge in an organization
Knowledge and abilities of employees are the most important tools that serve the development of each organization. The dynamics of changes in modern economy requires from the people who manage an organization to have ext...