AUDIT COMMITTEE AND FINANCIAL PERFOMANCE OF LISTED BANKS IN NIGERIA: AN EMPRICAL ANALYSIS

Abstract

There has been a considerable debate in recent times concerning the need for strong corporate governance with the right mix of board of directors, with countries around the world drawing up guidelines and codes of practice to strengthen governance for enhanced financial performance.
This study examined the relationship between audit committee and financial performance of listed deposit money banks in Nigeria. Specifically, the study investigated the relationship between audit committee and financial performance of listed deposit money banks in Nigeria in terms of net profit margin and profit before tax. The research design utilized was the ex-post facto research design. The population of this study consist of all listed deposit money banks in Nigeria which stands at thirteen (13), as listed in the Nigeria stock exchange in 2019.