Abstract
The study's objective was to examine the relationship between corporate governance and firm performance in Nigerian publicly traded enterprises. Ex post facto research was used in the study to analyse data from 20 manufacturing listed companies. The data, which spans the years 2010 through 2020, was evaluated using System GMM (Generalised Method of Moments). Profit margin and return on asset were used to measure firm performance. The study's findings demonstrated that corporate governance metrics (such as board size, audit committee size, and audit quality) have a significant impact on a company's profitability. Therefore, the findings suggest, among other things, that the government and the pertinent authorities create legislation on institutional and governmental ownership to serve as a regulator and, in the long run, improve corporate performance.
Keywords
Corporate Governance, Firm Performance, Profit Margin, Generalized Method of Moments Authored by Ugwoke, R. O. PhD 1, Egiyi, Modesta Amaka PhD 2 Department of Accountancy, University of Nigeria, Enugu Campus 1 Department of Accountancy, Godfrey Okoye University, Enugu 2 FULL PDF | DOI: 10.5281/zenodo.7882796