CHIEF EXECUTIVE OFFICER (CEO) ATTRIBUTES AND FINANCIAL REPORTING QUALITY OF LISTED COMMERCIAL BANKS IN NIGERIA
Abstract
The study aimed to examine the relationship between Chief Executive Officer (CEO) attributes and the financial reporting quality of listed commercial banks in Nigeria. To achieve this, research questions and hypotheses were formulated based on two specific objectives. Relevant concepts and empirical literature were reviewed, and the study was anchored on trade-off theory. Secondary data were collected from the financial records of 11 commercial banks in Nigeria, and Probit regression analysis was employed to test the hypotheses. The analysis revealed that chief executive officer gender diversity significantly affects financial reporting quality, with a computed value of 10.14 and a P value of 0.0015. In contrast, chief executive officer tenure showed an F-stat of 0.12 with a P value of 0.7345, indicating an insignificant relationship with financial reporting quality. Consequently, the study recommends that banks assess their corporate culture to promote diversity and inclusion, while not placing undue emphasis on CEO tenure, as it does not affect financial reporting quality.
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