CORPORATE GOVERNANCE AND PROFITABILITY OF LISTED CEMENT COMPANIES IN NIGERIA

dc.contributor.authorFOLORUNSHO, Idiat Titilayo
dc.date.accessioned2016-07-01T09:48:06Z
dc.date.available2016-07-01T09:48:06Z
dc.date.issued2014-12
dc.descriptionBEING A THESIS SUBMITTED TO THE SCHOOL OF POSTGRADUATE STUDIES, AHMADU BELLO UNIVERSITY ZARIA, IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTER OF SCIENCE DEGREE (M. Sc.) IN BUSINESS ADMINISTRATION DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY OF ADMINISTRATION AHMADU BELLO UNIVERSITY, ZARIAen_US
dc.description.abstractProfitability is a vital factor that relates to the way and manner in which financial resources available to firm are judiciously used to achieve the overall corporate objective of an organization. Profitability keeps organization in business and creates a greater prospect for future opportunities. However, corporate profitability is faced with governance challenges recently, which undermine the future prospects and opportunities of corporate entities around the world, particularly developing economies like Nigeria. This study assessed the impact of corporate governance mechanisms on the profitability (return on equity ROE and return on assets ROA) of quoted cement companies in Nigeria. The study adopted correlation research design in a sample of 4 listed cement companies in Nigeria, for a period of ten years (2003-2012). Secondary data was used and multiple regression technique of data analysis using fixed and random effect models was applied. The study found that, the board size of the listed cement companies in Nigeria has no significant impact on profitability (return on equity and return on assets). It however found that the board composition and managerial shareholding have a significant positive impact on the profitability (ROE and ROA) of listed cement companies in Nigeria during the period under review. The study recommends among others that, the regulators of listed cement companies in Nigeria should increase surveillance and supervision to ensure effective compliance with the code of best practices on corporate governance. It further recommends that the regulators and the board of directors of listed cement companies in Nigeria should not concentrate on an optimal board that could significantly impact on the profitability.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/8052
dc.language.isoenen_US
dc.subjectCORPORATE GOVERNANCE,en_US
dc.subjectPROFITABILITY,en_US
dc.subjectLISTED CEMENT COMPANIES,en_US
dc.subjectNIGERIAen_US
dc.titleCORPORATE GOVERNANCE AND PROFITABILITY OF LISTED CEMENT COMPANIES IN NIGERIAen_US
dc.typeThesisen_US
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
CORPORATE GOVERNANCE AND PROFITABILITY OF LISTED CEMENT COMPANIES IN NIGERIA.pdf
Size:
614.91 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.58 KB
Format:
Item-specific license agreed upon to submission
Description:
Collections