Abstract
Effect of Corporate Governance Board Characteristics on Performance of Microfinance Banks in Nigeria.
Highlights
The trend of globalization has heightened the choice and interest of investors towards evaluation of the strength of a firm before investing their wealth in order to ensure that their investments are secured and long-term financial stability of the firm is assured
Microfinance banks in Nigeria are grossly faced with issues of how to manage limited resources to achieve its predetermined objectives at a minimum cost
Evidence abound that some members of the organization may work at cross-purposes to organizational goals due to conflict of interest, and it is the duty of the board to ensure that there is synergy of effort
Summary
The trend of globalization has heightened the choice and interest of investors towards evaluation of the strength of a firm before investing their wealth in order to ensure that their investments are secured and long-term financial stability of the firm is assured. Globalization has encouraged business exercises and prevalent execution has decreased the obstructions that exist in corporate exchange and financial venture, as it were that businesses have a more noteworthy chance to develop. Firm accomplishment is the essential ingredient to entice investors. These brings to the forefront, the significance of governance business, which relates to both secluded and public establishments within a nation state. Corporate governance acts a solution in offering planned route in establishing plainness and confidence among the shareholders and other investors
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