THE EFFECT OF FINANCIAL PERFORMANCE AND BOARD SIZE ON CORPORATE EXECUTIVE COMPENSATION: A STUDY OF SELECTED LISTED BANKS IN NIGERIA

This paper examined the association between the effect of financial performance and board size on corporate executive compensation in Nigeria. In accomplishing the research objectives of this study, the audited annual financial statement of listed banks covering the period 2005-2013 were analyzed. Also, a total of 10 listed banks in the Nigerian stock exchange market were selected and analyzed for the study using the purposive sampling method. Nevertheless, in analyzing the research hypotheses, the study adopted the use of both descriptive statistics and econometric analysis using the pooled ordinary least square regression analysis method in the estimation of the regression equation. Findings from the study show that a significant positive relationship was observed between banks financial performance and the corporate executive compensation (director’s emoluments) for the sampled banks

Influence of Uncertain Business Environment on Entrepreneurship Decision Making In Nigeria

Influence of uncertain business environment on entrepreneurship decision making is theoretical in nature. The paper pose that the business environment is full of  challenges, these challenges are referred to as business variables, these variables  are divided into two: controllable variables and uncontrollable variables, an entrepreneur must try in as much as possible to diagnose this uncertain business environment before investing the scarce resources. The paper has the following objectives: To determine the impact of environment on business decision, to evaluate the risk associated to investment opportunity and to examine the factors that can hindered the prospects of business in an environment. These factors could be technology, economic system, legal, competitors, and manpower etc. the paper also look at selected areas for examination such as: concept of business, concept of entrepreneurship, characteristics of business, decision making process, types decision, identification of business ventures, product life cycle, entrepreneurship and environmental scanning, SWOT analysis, plant location and layout decision. The study is significant because it has contributed to the body of knowledge, prospective entrepreneurs will also find the article useful as a guide to further study in the field of entrepreneurship, students, individual researcher will also find the articles useful, the paper has equally  helped to understand the implication of investing in an uncertain business environment in Nigeria. It is not as a result of expansion or capital, but it is traceable to inability of an entrepreneur to analyzed business environment before investing the scarce resources. This paper has equal spell out step by step that entrepreneur need to follows in order to judiciously invest these scarce resources. The paper contains about 28 pages includes references. Such as title, introduction, abstract, objectives, significance, major topics on the influence of uncertain business environment on entrepreneurship decision making, summary, conclusion and recommendations Keywords: Uncertainty, Business Environment, Entrepreneurship, Decision-Making, SWOT Analysi

THE EFFECT OF FINANCIAL PERFORMANCE AND BOARD SIZE ON CORPORATE EXECUTIVE COMPENSATION: A STUDY OF SELECTED LISTED BANKS IN NIGERIA

This paper examined the association between the effect of financial performance and board size on corporate executive compensation in Nigeria. In accomplishing the research objectives of this study, the audited annual financial statement of listed banks covering the period 2005-2013 were analyzed. Also, a total of 10 listed banks in the Nigerian stock exchange market were selected and analyzed for the study using the purposive sampling method. Nevertheless, in analyzing the research hypotheses, the study adopted the use of both descriptive statistics and econometric analysis using the pooled ordinary least square regression analysis method in the estimation of the regression equation. Findings from the study show that a significant positive relationship was observed between banks financial performance and the corporate executive compensation (director’s emoluments) for the sampled bank

CORPORATE ETHICAL REPORTING AND FINANCIAL PERFORMANCE: EVIDENCE FROM THE EMERGING MARKET

This paper examines the degree of comprehensiveness of ethical reporting in annual reports of listed firms in Nigeria. It also looks at the relationship between the extent of corporate ethical reporting and financial performance of the listed firms. In addition, it examines the impact of corporate governance on the financial performance of the listed firms. The study utilises the corporate annual reports for the period 2010-2014 as our main source of secondary data, while the content analysis technique is used to elicit data from the corporate annual report. In testing the research hypotheses, the study adopts the use of descriptive statistics, Pearson correlation and panel least square regression method to analyse the degree of comprehensiveness and the relationship between corporate ethical reporting and financial performance of the listed firms. Findings from the study show that there is lack of comprehensiveness of corporate ethical reporting in the selected industries. In addition, the study observed that a significant relationship exists between corporate ethical reporting and financial performance. Also, the study observed that the relationship between corporate governance and financial performance is not significant. The study recommends the need for a stand-alone report for corporate ethical issues in annual reports of companies in Nigeria

Assessment of the Effectiveness of Ethical Corporate Governance in Corporate Decision-Making: A Grounded Theory Approach

The article focused on the effectiveness of ethical corporate governance in decision making by the board of directors of top listed companies. Through the application of grounded theory approach in analysing data collected via the survey questionnaire, a substantive theory of ethical corporate governance is developed. The substantive theory developed is based on the shareholdership model of empowerment to create wealth and stakeholdership model of expectation to shared values. In term of ethical corporate governance, through organisations code of conduct and corporate social responsibility policies, companies can reach out to their broader stakeholdership groups through engagement with stakeholders. Such engagement is ongoing with shareholdership groups through boards’ accountability to shareholders — the finding from this study further our understanding of ethical corporate governance issues