Author/Authors :
jamil, che zuriana muhammad universiti utara malaysia - school of accounting, college of business, Malaysia , mohamed, rapiah ahmadu bello university, Zaria, Nigeria , aliyu, nuraddeen s. universiti utara malaysia - school of accounting, college of business, Malaysia , aliyu, nuraddeen s. ahmadu bello university, Zaria, Nigeria
Abstract :
This paper extends an earlier proposed framework and thus empirically examining the effect of board equity ownership on the performance of banks in an era of post banking crisis that called for a bailout reform in Nigeria. This board attribute is selected based on the peculiar problem of the banking sector, and based on the board functions that captures monitoring (agency theory based). Based on a survey data, the result of our analysis revealed a significant relationship between board of directors’ equity ownership and banks performance. We therefore, suggest more regulation and enforcement of this as it motivates and compels boards to be more vigorous at monitoring CEOs/top managements.