Impact of internal governance mechanisms on risk management of some listed deposit money banks in Nigeria Department: Accountancy By: SIRJOSEPH Project ID: 8556 Rating: (5.0) votes: 1Rate this project12345 Price:₦4000 Get the Complete MaterialAbstractThis study evaluates the impact of Internal governance mechanisms on the risk management of listed deposit money banks that are listed on the Nigerian Stock Exchange for the period 2013-2023. The study adopted an ex-post facto research design because the study entails the use of annual reports and accounts of the quoted deposit money Banks under study. In this study, secondary data were used. The population of the study comprises all the deposit money banks in Nigeria in which a sample of only the quoted deposit money Banks in the Nigerian stock exchange was used as at 31st December 2022. Panel data analysis was employed adopting the Random-effect GLS regression technique to analyze data that were in time series simultaneously. The hypotheses were analyzed and tested using Stata Version 12. The finding of the study reveals that board independence has a significant impact on credit risk and liquidity risk. Further findings equally suggest that there is a positive relationship between Board independence with capital risk and liquidity risk. In line with findings, this research therefore concludes that companies must also be individually involved in risk management responsibilities, otherwise, banks may have a low reputation, low profits, and low resources. Base on the conclusion above, this study recommends that, on the board size banks should maintain relatively small board size dominated by outside directors within the provisions of the code of corporate governance for banks but the board should comprise of members, who are conversant with oversight function and having capacity to analyzed risk as well as to add significant value in decision making toward achieving greater performance....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )