Saturday, April 24, 2021

DIRECTORS’ REMUNERATION AND FINANCIAL PERFORMANCE: MODERATING ROLE OF BOARD ATTRIBUTES OF LISTED INSURANCE COMPANIES IN NIGERIA | Journal of Economics and Trade

 The impact of selected board attributes on the relationship between directors' remuneration and financial results of listed insurance companies in Nigeria is investigated in this report. From 2012 to 2017, data was gathered from annual reports and accounts of Nigerian listed insurance firms. The research included all 28 insurance companies listed on the Nigerian stock exchange board, with 19 insurance companies being chosen at random as a sample for the study. Pooled OLS, fixed and random effects regression were used to analyse the data. At a 10% level of importance, it was discovered that directors' remuneration is positively and substantially linked to financial results. The presence of more independent directors on the board increases the positive effect of directors' remuneration on firm results, according to the interaction variables. According to the report, insurance firms should prioritise director remuneration since it has been shown to influence efficiency. In order to improve the interaction outcomes, regulatory bodies should impose strict enforcement about board attributes on insurance companies.


Please see the link :-
https://ikprress.org/index.php/JET/article/view/5657

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