Corporate Governance and Firms` Performance: Evidence from Quoted Firms on the Nigerian Stock Exchange

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Performance: Evidence from Quoted Firms on the Nigerian Stock Exchange</title> <meta name="description" content="Corporate Governance and Firms` Performance: Evidence from Quoted Firms on the Nigerian Stock Exchange"> <meta name="keywords" content="corporate, governance, firms, performance, Nigeria, stock, exchange"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img 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publication-listing mt-3 mb-3"> <h5 class="card-header" style="font-size:.9rem">Corporate Governance and Firms` Performance: Evidence from Quoted Firms on the Nigerian Stock Exchange</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ogunwole%20Cecilia%20Oluwakemi">Ogunwole Cecilia Oluwakemi</a>, <a href="https://publications.waset.org/abstracts/search?q=Wahid%20Damilola%20Olanipekun"> Wahid Damilola Olanipekun</a>, <a href="https://publications.waset.org/abstracts/search?q=Omoyele%20Olufemi%20Samuel"> Omoyele Olufemi Samuel</a>, <a href="https://publications.waset.org/abstracts/search?q=Timothy%20Ayomitunde%20Aderemi"> Timothy Ayomitunde Aderemi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The issues relating to corporate governance in both locally and internationally managed firms cannot be overemphasized because the lack of efficient corporate governance could orchestrate serious problems in any organization. Against this backdrop, this study examines the nexus between corporate governance and performance of firms from 2012 to 2020, using the case study of the Nigerian stock exchange. Consequently, data was collected from forty (40) listed firms on the Nigerian Stock Exchange. The study employed a fixed effect technique of estimation to address the objective of the study. It was discovered from the study that the influence of corporate governance components such as gender diversity, board independence and managerial ownership led to a significant positive impact on the performance of the firms under the investigation. In view of the above finding, this study makes the following recommendations for the policymakers in Nigeria that anytime the goal of the policymakers is the improvement of performance of the listed firms in the Nigerian stock exchange, board independence and a balance in the inclusion of male and female among the board of directors should be encouraged in these firms. <iframe src="https://publications.waset.org/abstracts/145199.pdf" style="width:100%; height:400px;" frameborder="0"></iframe> <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=corporate" title="corporate">corporate</a>, <a href="https://publications.waset.org/abstracts/search?q=governance" title=" governance"> governance</a>, <a href="https://publications.waset.org/abstracts/search?q=firms" title=" firms"> firms</a>, <a href="https://publications.waset.org/abstracts/search?q=performance" title=" performance"> performance</a>, <a href="https://publications.waset.org/abstracts/search?q=Nigeria" title=" Nigeria"> Nigeria</a>, <a href="https://publications.waset.org/abstracts/search?q=stock" title=" stock"> stock</a>, <a href="https://publications.waset.org/abstracts/search?q=exchange" title=" exchange"> exchange</a> </p> <a href="https://publications.waset.org/abstracts/145199/corporate-governance-and-firms-performance-evidence-from-quoted-firms-on-the-nigerian-stock-exchange" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/145199.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">176</span> </span> </div> </div> </div> </main> <footer> <div id="infolinks" class="pt-3 pb-2"> <div class="container"> <div style="background-color:#f5f5f5;" class="p-3"> <div class="row"> <div class="col-md-2"> <ul class="list-unstyled"> About <li><a 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Corporate Governance and Firms` Performance: Evidence from Quoted Firms on the Nigerian Stock Exchange