https://www.ijsar.net/index.php/ijsar/issue/feed International Journal of Scientific and Academic Research (IJSAR), eISSN: 2583-0279 2022-11-17T16:55:01+00:00 SRS Prints support@ijsar.net Open Journal Systems <p><span style="font-family: Times New Roman, serif;"><span style="background: #ffffff;">The International Journal of Scientific and Academic Research (IJSAR) is a scholarly peer-reviewed, open access multidisciplinary journal for publication of new ideas, state of the art research results, and fundamental advances in all fields of <span style="color: rgba(0, 0, 0, 0.87); font-family: 'Times New Roman', serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">Natural Sciences, Engineering Science, and Academic Research like </span><span style="box-sizing: border-box; color: rgba(0, 0, 0, 0.87); font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Noto Sans', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; float: none; display: inline !important;">Pedagogical Sciences, Economic Sciences, &amp; Management. Science</span>. The IJSAR started in 2021, registered the title in the ISSN India office:</span></span><strong><span style="font-family: Times New Roman, serif;"><span style="background: #ffffff;"> eISSN 2583-0279</span></span></strong><span style="font-family: Times New Roman, serif;"><span style="background: #ffffff;">. The journal IJSAR is registered in CrossRef DOI with prefix:<em><strong>10.54756/IJSAR.</strong></em> The vision of IJSAR is to publish original articles, review papers. IJSAR brings together Scientists, Academicians, Engineers, Scholars, and Students of Science, Engineering, and Technology. The journal accepts submission / publishes articles in English. </span></span></p> https://www.ijsar.net/index.php/ijsar/article/view/78 Impact of Corporate Governance on Financial Performance of Financial Holding Companies in Nigeria 2022-11-10T12:26:08+00:00 OKOSU NAPOLEON DAVID ndokosu@gmail.com <p><em>The paper impact of corporate governance on financial performance of financial Holding Companies in Nigeria. The paper used corporate governance mechanism proxied by board size, </em><em>board independence, board composition, board meetings and board number of committees on Return on Assets. Data were obtained from three financial holding companies in Nigeria Annual Reports for the period 2012 to 2019.&nbsp; A strongly balanced longitudinal </em><em>time series data was </em><em>employed for the analysis, while the Hausman test was conducted for selection of fixed or random effects. </em><em>The random effect was chosen, and the results indicates </em><em>that variables of corporate governance such as board size and board Independence have negative relationship with financial performance of Financial Holding Companies (Holdcos) in Nigeria. &nbsp;Board composition and Board Committees had positive nexus with financial performance of financial Holdcos . While board meeting had a negative effect on financial performance of financial Holdcos in Nigeria.&nbsp; Consequent upon the results obtained, the study recommends that the board size should be moderate, board members (executive, non-executive and independence) should be well experience and qualified as well as available to attend to its oversight functions. High frequency of meeting of the board should be restrained from as it may not necessarily engenders increase in financial performance. Also, Holdcos should have more Board Committees to ensure effective oversight as it leads to better financial performance.</em></p> 2022-11-17T00:00:00+00:00 Copyright (c) 2022 OKOSU NAPOLEON DAVID