TITLE:
Effect of Board Attributes on Earnings Management of Listed Deposit Money Banks in Nigeria
AUTHORS:
Muktar Bello, Saheed A. Lateef, Emeka E. Ene
KEYWORDS:
Board Attributes, Board Independence, Board Size, Earnings Management
JOURNAL NAME:
Journal of Financial Risk Management,
Vol.13 No.3,
September
3,
2024
ABSTRACT: This research examines the effect of board attributes and earnings management of deposit money banks listed on Nigeria Exchange Group for ten years period (2012-2021). Eight out of Twenty-one deposit money banks listed on Nigerian Exchange Group as at 31st December, 2021 were selected as the samples using filtering method. Ordinary least square regression technique was employed as technique of data analysis. The results shows that board independence is negative but statistically significant there by increased and reduced earnings management respectively while board size is negative and statistically insignificant in reducing earnings management of deposit money banks in Nigeria. Thus, it is recommended that shareholders of DMBs in Nigeria should put in place ideal boards with adequate members so as to provide an oversight role that would minimize on earnings management.