CORPORATE GOVERNANCE: A Study Of The Effects Of Employee Ownership And Board Composition On The Performance Of Microfinance Banks In South-East Nigeria
ABSTRACT Flowing from the perceived success of the reforms in the banking industry in Nigeria in 2006, the Central Bank of Nigeria (CBN) extended the policy to the community banks with their conversion to and renaming to Microfinance banks (MFBs) in 2008. The regulatory framework guiding this process set out guidelines of the corporate governance (CG) structure and mechanisms to be adopted by this class of banks different from those with the universal banking license. This work reviewed the C...