IJOART Volume 8, Issue 5, May 2019 Edition


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Corporate Governance and Financial Performance of Firms: A Comparative Study of Food and Petroleum Products Industries in Nigeria[]


This study examined the corporate governance and financial performance of listed firms in Nigeria; comparing the food and petroleum products industries. The study used secondary data for ten(10) listed food and petroleum firms over a period of seven (7) years (2011-2017). Board size, audit committee, board independence, and ownership structure as proxies for corporate governance while financial performance was represented with return on asset (ROA). Panel regression analysis was used to analyze the data. Hausman test was carried out for the appropriateness of the panel method to use.



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