CHAPTER ONE INTRODUCTION 1.1 Background of the Study A financial system is a set of rules, regulations and the aggregation of financial arrangement, institutions and agents that interact with each other and the rest of the world to foster economic growth and development of a nation (Nzotta and Okereke, 2009). According to Nwude (2004), financial … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY One of the activities of financial institutions (banks) involves intermediating between the surplus and deficit sectors of the economy. According to Bencivenga and Smith (1991), the basic activities of banks are acceptance of deposits and lending to a large number of agents, holding of liquid reserves against predictable … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Corporate governance is concerned with the ways in which the shareholders of corporations assure themselves of getting a return on their investment (Shleifer and Vishny, 1997). It also deals with the mechanisms by which shareholders of a corporation exercise control over management such that the interests of … Read more
CHAPTER ONE INTRODUCTION Background of the Study Financial liberalization can be viewed as a set of operational reforms and policy measures designed to deregulate and transform the financial system and its structure with a view to achieve a liberalized market-oriented system within an appropriate regulatory framework (Johnston and Sundararajan, 1999). Financial liberalization has been variously … Read more
Table of Contents Title page…………………………………………………………………………………ii Certification………………………………………………………………………………iii Approval page……………………………………………………………………………iv Dedication………………………………………………………………………………..v Acknowledgments………………………………………………………………………..vi Table of contents…………………………………………………………………………vii List of tables………………………………………………………………………………x List of figures…………………………………………………………………………… xi Abstract…………………………………………………………………………………xii CHAPTER ONE: INTRODUCTION…………………………………………………1 1.1 Background to the Study…………………………………………..…………………1 1.2Statement of the Problem……………………………………..……………………….7 1.3Research Questions…………………………………………..……………………… 9 1.4 Objective of the Study……………………………..………………………………9 1.5 Research Hypotheses.………………………………………………………………….10 1.6 Significance of the Study…..……………………………………………………..…10 1.7 Scope of the Study……………………………………………………………………….10 CHAPTER … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study In a number of developing countries of the world the financial system is highly regulated. This is because of the pivotal position the financial industry occupies in these economies. An efficient system, it is widely accepted, is a sine qua non for economic growth and … Read more
TABLE OF CONTENTS Title page ———————————————————————————————- i Certification ——————————————————————————————- ii Approval page —————————————————————————————- iii Dedication ——————————————————————————————— iv Acknowledgement ———————————————————————————— v Table of Contents ———————————————————————————— vi Abstract ———————————————————————————————— viii CHAPTER ONE: Introduction Background of the Study ————————————————————————- 1 Statement of the Problem ————————————————————————– 4 Objectives of the Study ————————————————————————— 5 Research Hypotheses ——————————————————————————- 5 Policy Relevance … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Corporate governance are processes and structures by which business and affairs of an institution are directed and managed in order to improve long term shareholder value by enhancing corporate performance and accountability, while taking into consideration the interest of other shareholder. Corporate governance is building credibility, … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Nigeria is interlinked with global financial system. As such global financial crisis which was originated from the year 2007 mainly in U.S.A and spread in the latter part of the year 2008 among developed nations and subsequently shifted to developing nation has impact on the domestic economy … Read more