Risk Management Committee, Financial Reporting Quality and Financial Performance of Deposit Money Banks in Nigeria

Joseph Ugochukwu Madugba, Egbide Ben-Caleb, Innocent I. Okpe, Oludare, S. Fadoju, Ben-Caleb Jane Ogochukwu, Kingsley Iyke Mbamara


This Paper examined risk management committee and financial reporting quality on performance of banks in Nigeria with objective of finding out if risk management committee and financial reporting quality affect liquidity of the banks in our study. The data was gotten from annual report of the banks and Central Bank of Nigeria (CBN) statistical bulletin. Out of sixteen deposit money banks, five banks were used for a period of five years 2012-2016. The hypotheses were tested and the result showed that risk management committee does not affect liquidity level of the banks. However, financial reporting quality affect the net assets value per share of banks in Nigeria and the researcher recommended that there is need to strengthen the risk management committee at every banking organization in Nigeria and greater focus should be given to global reporting to ensure that Nigerian banks can compete favourably with that of other developing economies.

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DOI: https://doi.org/10.5430/rwe.v11n5p288

Research in World Economy
ISSN 1923-3981(Print)ISSN 1923-399X(Online)


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