Samuel Adetayo OKULENU

This study examined the impact of corporate governance on the financial performance of publicly traded Deposit Money Banks (DMBs) in Nigeria. The objective was to determine whether board size, female board membership, and board independence affect the financial performance of these banks. The study covered five DMBs from 2013 to 2023.Findings revealed that board independence significantly impacts financial performance but has a negative relationship with it. Board size also has a negative relationship with financial performance, though it remains significant. Female board membership shows a positive relationship with financial performance, but this effect is not statistically significant. The study recommends that mechanisms related to board independence, board size, and female board membership are critical components of corporate governance for achieving organizational objectives.

This paper examined the compliance level with IFRS-16 disclosure requirements among transportation and logistics firms listed on the Nigerian Exchange Group (NEX Group). A sample of 15 firms, which claimed to have adopted IFRS-16 in January 2019, was analyzed based on their audited annual reports for 2019 and 2020. The study employed a compliance checklist index adapted from the IFRS Compliance, Presentation, and Disclosure Checklist 2021 and the KPMG Guide to Annual Financial Statements – Disclosure Checklist 2020.