CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA

Abstract

This study investigated corporate governance and financial performance of manufacturing firms in Nigeria between 2016 and 2020. In recent times, accounting scandals and failure of many well performing companies owe their root on the absence of good corporate governance. Consequently, auditors, audit committees, shareholders, board members, investors have risen to challenge or reduce the negative effect of bad corporate governance. Based on conclusions, the researcher recommended that Board Size should be structured in line with professional requirements of the industry and other. The recommend the the regulatory body should strengthen the laws guiding the implementation of corporate governance code and practices on how to enhance the financial performance in the manufacturing industry. This can be achieved through improved over-sight functions of the regulators. This will help in checkmating the unethical practices that has bedeviled the industry.