EFFECT OF BOARD CHARACTERISTICS ON ASSET QUALITY: EVIDENCE FROM COMMERCIAL BANKS
Keywords:
Board Gender Diversity, Boared Size, Non-Performing Loan RatioAbstract
The study investigated the effect of board characteristics on asset quality management among listed commercial banks in Nigeria, using board size, and board gender diversity on non-performing loan ratio of listed commercial banks in Nigeria. The study adopted an ex-post facto research design. Data collection was carried out using secondary method, whereby relevant data were extracted from the annual reports of the sampled banks over a decade, spanning from 2013 to 2023. The data collected were descriptively analyzed and the hypotheses were tested using Pooled Estimated Generalized Least Squares at 5% significance level. The study found that board size has a significant positive effect on non-performing loan ratio of listed commercial banks in Nigeria; board gender diversity has a significant negative effect on non-performing loan ratio of listed commercial banks in Nigeria. The study recommends among others that board nomination committees should actively promote gender diversity on their boards, while also providing necessary support and resources to ensure equal participation and influence in decision-making processes.
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