CORPORATE GOVERNANCE AND FIRM PERFORMANCE

ABSTRACT

The main purpose of this study was to establish the relevance and role of Corporate governance in Firm Performance. It examines the qualities and usefulness of Corporate governance to various Firms. To fulfill this purpose, the study applied 3 components of Corporate governance namely – Board size, CEO duality, Ownership concentration, and Audit Committee Independence. Research questions were put forward, hypothesis was generated and review of literature was done. In sourcing data for this study, data was gathered from fifty (50) non financial companies listed on the Nigerian Stock Exchange Group from 2018 to 2023, for a period of five accounting years. The stated hypothesis was tested using the regression and correlation analysis. The study therefore concluded that Corporate governance (Board size, CEO duality, Ownership concentration and Audit Committee Independence) has a positive and significant impact on Firm Performance.