Board Meetings and Financial Performance of Insurance Companies in Nigeria

Abstract

This study examined the impact of board activism on performance of quoted insurance companies in Nigeria. The study evaluates the effect of board meetings on the financial performance of 15 listed insurance companies existing on the Nigeria stock exchange between the period 2006-2017.Panel data regression and descriptive analysis was used to analyze the data obtained from the annual report of the sampled companies. The result of the study revealed a negative relationship with no significant impact between the board meeting and performance of insurance firms in Nigeria with emphasis on Return on Equity, Return on Asset and Tobin’s Q. It was suggested that regulatory authority focus their attention more on the skill and experience of directors at meeting of the board for good performance.

 

Keywords: Board, Insurance, Meetings, Nigeria, Performance


Article Review Status: Published

Pages: 1-16 (Download PDF)

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