TY  - JOUR
T1  - Can Governance Independence Determine Bank Efficiency?: Evidence from Nigerian Banking Industry
AU - Usman Miko, Nuraddeen AU - Kamardin, Hasnah 
JO  - International Business Management
VL  - 10
IS  - 12
SP  - 2483
EP  - 2489
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.2483.2489
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.2483.2489
KW  - Independence
KW  -corporate governance
KW  -efficiency
KW  -banking industry
KW  -Malaysia
AB  - Banking industry is considered as the back bone of the any economy because many sectors rely on banking services. Independence governance mechanismscan influence the managementto perform their activitieseffectively and efficiently. The present study investigates the effect of independent governance mechanisms on the efficiency of Nigerian banks. The study uses data of fifteen quoted banks as at 31st December 2014 for the period (2012-2014), using multiple regression analysis. The study finds thatboard independence, auditor independence and audit committee independent are significantly associated the efficiency while independence chairman is not significantly associated with efficiency. The study concludes that independent governance mechanisms determine efficiency in Nigerian banks. The study recommends that policies (corporate governance code and external auditors’ role) should be revisited for better control of the efficiency and transparency in banking industry.
ER  -