CORPORATE GOVERNANCE AND MANAGEMENT EFFICIENCY OF DEPOSIT MONEY BANKS IN PORT HARCOURT
Abstract
The purpose of this research is to examine the corporate governance and management efficiency of deposit money banks in Port-Harcourt. The study specifically investigated the extent of relationship between accountability, transparency, responsibility and management efficiency of deposit money banks in Port Harcourt. The study adopted a cross-sectional survey type of the quasi-experimental method. The study formulated and tested three hypotheses using theSpearman Rank Correlation Coefficient and partial correlation for the moderating variable. The population comprised customers of 4 leading deposit money banks in Port Harcourt and 196 copies of questionnaire were distributed and 170 were useful for the analysis. The findings revealed that corporate governance has a strong positive association with management efficiency of banks in Port Harcourt. The study concluded that corporate governance has a positive impact on management efficiency. The study therefore recommended that banks should embrace corporate governance as a tool for enhancing management efficiency.
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