Nigerian Code of Corporate Governance: Imperative for Investment Attraction in Nigerian Banks

Osisioma, B. C; Okafor, G. O; Owuru I. M

Title:
Nigerian Code of Corporate Governance: Imperative for Investment Attraction in Nigerian Banks

Authors:
Owuru I. M | Osisioma, B. C | Okafor, G. O

Cite This Article :

Owuru I. M | Osisioma, B. C | Okafor, G. O "Nigerian Code of Corporate Governance: Imperative for Investment Attraction in Nigerian Banks" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-2, February 2021, pp.587-594, URL: https://www.ijtsrd.com/papers/ijtsrd38492.pdf

Download

Abstract :
This study entitled Nigerian Code of Corporate Governance: Imperative for Investment Attraction in Nigerian Banks aimed at surveying Nigerian Code of Corporate Governance with a view to ascertaining its potentials for investment attraction in Nigerian banks. The instrument has 34 items developed with a five-point Likert scale ranging from Not Important(1), Less Important(2), Quite Important(3), Very Important(4) to Very Much Important(5). Principal Component Analysis, Regression Analysis, ANOVA and Cronbach’s alpha test were used to analyze data with the aid of SPSS version 25. It was found that Nigerian Code of Corporate Governance will significantly influence investment growth in Nigerian banking industry. We therefore, recommend that CEOs, Directors and Managers should be encouraged to see how sacrosanct Nigerian Code of Corporate Governance is to sustainable Foreign Direct Investment attraction so as to sincerely adhere to its tenets thereby making Nigerian banking industry an investment destination.

Keywords :
Investment Growth, Discipline, Accountability, Responsibility and Transparency

Publication Details:

Unique Identification Number : IJTSRD38492

Published In : Volume-5 | Issue-2, February 2021

Page Number(s) : 587-594

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

About IJTSRD
Indexing

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.