Record Details

Earnings and bank profitability in Nigeria

Independent Journal of Management & Production

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Field Value
 
Title Earnings and bank profitability in Nigeria
 
Creator Ugoani, John N. N.
 
Subject —
Bad management; Wide spread poor corporate governance; Huge nonperforming loans; Reform agenda; Imprudent lending
 
Description Bank earnings in form of retained profit help in the capital formation of banks. This is critical because capital inadequacy is often a cause of bank failures. During the banking crisis in Nigeria the gross earnings of many banks diminished considerably due to frauds and bad management. For example, in 2009 the Central Bank of Nigeria revoked the operating licences of fourteen banks which had huge nonperforming loans and were making losses. The fragility in the Nigerian banking system in the 1990s and beyond was compounded due to wide spread poor corporate governance practices and imprudent lending that led to the erosion of gross earnings and profitability. The study employed the exploratory research design. Data analyses were done through description statistics and the regression technique using the statistical package for the social sciences. The regression result was Y = 4.926 + 1.877x meaning that with an increase of 1 percent in gross earnings bank profitability increases by 1.88 percent. This is the crux of the study.
 
Publisher Instituto Federal de Educação, Ciência e Tecnologia de São Paulo
 
Contributor —
 
Date 2016-12-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
text/html
 
Identifier http://www.ijmp.jor.br/index.php/ijmp/article/view/426
10.14807/ijmp.v7i4.426
 
Source Independent Journal of Management & Production; Vol 7, No 4 (2016): Independent Journal of Management & Production; 1240-1255
2236-269X
 
Language eng
 
Relation http://www.ijmp.jor.br/index.php/ijmp/article/view/426/597
http://www.ijmp.jor.br/index.php/ijmp/article/view/426/612
 
Rights Copyright (c) 2016 John N. N. Ugoani
http://creativecommons.org/licenses/by/4.0