Date
11-13-2025
Department
Graduate School of Business
Degree
Doctor of Business Administration (DBA)
Chair
Henry Kerich
Keywords
Corporate governance, compliance guidelines, independent non-executive directors, compliance audit, gender diversity
Disciplines
Business
Recommended Citation
Anianwu, William Ikenna, "Compliance with Corporate Governance Guidelines in the Nigerian Banking System: Implications for Commercial Banks’ Performance and Profitability" (2025). Doctoral Dissertations and Projects. 7578.
https://digitalcommons.liberty.edu/doctoral/7578
Abstract
The effectiveness of laws, rules, and guidelines depends on the ability of the subjects to adhere to the tenets of such regulatory guidelines. The concept of corporate governance embodies the rules and guidelines that define the effectiveness of corporate operations. So, when corporate governance rules and guidelines are fully complied with by corporate entities, it enhances corporate performance and profitability. This is derived from the fact that the corporate governance structure defines the activities, rights, responsibilities, and decision processes within a corporate organization, of which commercial banks are part. Nigeria has never lacked corporate governance rules and guidelines; however, the issue, as evidenced by this study, has been a problem of compliance over the years. The study investigated the reasons behind the inability of commercial banks in the Nigerian banking system to comply with corporate governance regulatory guidelines and their effect on the performance and profitability of commercial banks. The methodology for the study employed a single-case qualitative approach, utilizing semi-structured interview questions to collect data for analysis. The study revealed a strong positive relationship between corporate governance compliance and the performance and profitability of banks. The study's results contributed to the body of knowledge on corporate governance, enhanced understanding of corporate governance compliance processes, identified factors that led to their breakdown, highlighted the implications of inadequate compliance monitoring, and emphasized the importance of effective corporate governance processes to both the respective corporate entities and the nation as a whole.
