ABSTRACT
This study evaluates the corporate governance and its relationship with dividend policies of banks in nigerian capital market using five commercial banks out of the fifteen that are listed on the Nigerian capital market over the period of 2003-2012. Data was collected from the Annual reports and accounts of the sampled banks. A panel data methodology (Random-effect GLS regression technique) was employed for the analysis of data. The results reveal that Audit Committe has significant effect on dividend payout ratio, Board size and CEO duality has insignificant effect, while board of Directors exhibit negative but insignificant effect. It is recommended that since the fundamental purpose of any company is the creation and delivery of long-term sustainable value in a manner consistent with their obligations as a responsible corporate citizen, then the Bank should therefore views corporate governance not as an end in itself but a vital facilitator to the creation of long- term value for all stakeholders. And to enhance the level of influence of Corporate Governance on Dividend Payout Ratio to higher level in the Nigerian Banking Industry, Management equity holding should be increased as this will make the management to protect not only their interest but the interest of all stakeholders.
ABSTRACT
Since the transformation of the Organization of African Unity (OAU) to African Union (A.U.) various measures were adopted by the...
Abstract
Under Private International Law, enforcement of foreign judgment or its recognition is the whole mark of every proceeding. Witho...
ABSTRACT
Prisoners in Nigeria are often perceived and categorized as “outcast”. The belief of many is that, once you are a pr...
Background of the study
Transparency and accountability are critical for the efficient functioning of a...
ABSTRACT
This study examines the effect of teachers variables on the performance of senior seconda...
ABSTRACT
Investigating resource generation and management in the ministry of local&nbs...
Abstract
The aim of the study is to determine the knowledge, attitude and practices of nurses regarding infection preven...
ABSTRACT
The devastating consequence of the World War II led to the establishment of the United Nations with main objective to maintain I...
ABSTRACT
Metal fume fever and pneumosiderosis is an occupational Lung disease acquired when welders are exposure to weld...
Background Of The Study
Fish is an excellent source of protein and has a high nutrient density. If it i...