000			03197nam a22003017a 4500
003			KOHA
005			20230425095415.0
008			220930d2022 cy ||||| m||| 00| 0 eng d
040			_aCY-NiCIU _beng _cCY-NiCIU _erda
041			_aeng
090			_aYL 2603 _bA48 2022
100	1		_aAgunbiade, Daniel Toluwalase
245	1	0	_aEFFECT OF INTERNAL CONTROL ON THE FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN NIGERIA / _cDANIEL TOLUWALASE AGUNBIADE; SUPERVISOR: ASST. PROF. DR. KEMAL ÇEK
264			_c2022
300			_a52 sheets; _c31 cm. _eIncludes CD
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
502			_aThesis (MSc) - Cyprus International University. Institute of Graduate Studies and Research Accounting and Finance Department
504			_aIncludes bibliography (sheets 48-52)
520			_aABSTRACT The banking sector is a highly sensitive and volatile sector of the economy that requires effective management and control, ensuring a viable internal control system is therefore an imperative procedure tow for enhancing the financial performance of commercial banks. The study investigates the impact of internal control on the financial performance of 10 selected commercial banks in Nigeria; with a focus on the impact of the indicators of internal control from 2011 to 2020. The fixed and random effects of Panelized Least Square (PLS) were to examine secondary time series data acquired from bank audited statements of account. The panel unit root test indicated the data's stationarity, while the panel cointegration test confirmed the study's variables' long-run association. The Hausman test specified that fixed effect model is more appropriate for the study. The fixed effect analysis of the PLS revealed that the risk management committee had a significant and direct impact on the profit after tax amongst Nigeria's banks. That is, one unit increase in the number of risk management committees increased the profit after tax by 0.21 percent. However, the board size was found to have an adverse and statistically insignificant impact on bank's profitability in Nigeria. The results indicated that one unit increase in the board size reduces the profit after tax by 0.012 percent. Audit committee, number of employees, and period of the audit were found to have a positive but insignificant effect on profitability. The study concluded that effective risk management serves as an effective internal control measure that boosts financial performance of banks in Nigeria. Therefore, it was recommended that the number of people in the risk management committee of the banks should be well selected and scrutinized in order to ensure that credible individuals are part of the system as well as supervised by the monetary authority so as to ensure transparency in the aspects of internal control in the Nigerian commercial banks.
650		0	_aFinance _vDissertations, Academic
650		0	_aRisk management _vDissertations, Academic
650		0	_aBanks and banking _vDissertations, Academic
700	1		_aÇek, Kemal _esupervisor
942			_2ddc _cTS
999			_c285342 _d285342