Corporate Governance and Business Resilience in the Banking Industry
The unstable banking business environment and ethical questions that bedeviled the industry have opened new windows for researchers and policymakers on how best to tackle the menace. But as researchers keep pace on how best banking institutions can remain unperturbed with preparation for future a...
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Main Authors: | , , , , , , |
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Format: | Article |
Language: | English English |
Published: |
INTI International University
2024
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Subjects: | |
Online Access: | http://eprints.intimal.edu.my/2015/1/jobss2024_07.pdf http://eprints.intimal.edu.my/2015/2/555 http://eprints.intimal.edu.my/2015/ http://ipublishing.intimal.edu.my/jobss.html |
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Summary: | The unstable banking business environment and ethical questions that bedeviled the industry
have opened new windows for researchers and policymakers on how best to tackle the menace.
But as researchers keep pace on how best banking institutions can remain unperturbed with
preparation for future adversities and bearing in mind the shareholders' wealth, the concept of
resilience becomes the beacon of hope for managers and directors alike. 139 participants drawn
from ten interest-deposit money banks in south-eastern Nigeria were selected for this inquiry.
The result of this study demonstrated that corporate governance predicted business resilience positively. It was concluded that corporate governance that is predicated on board independence, board size, board effectiveness, leadership quality, and accountability would strengthen the resilience of interest deposit money banks. This study recommends that
managing directors of interest deposit money can leverage corporate governance measures utilized in this study to strengthen the resilience capability of their organisations. |
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