CHIEF EXECUTIVE OFFICERS’ ATTRIBUTES AND MARKET VALUE OF DEPOSIT MONEY BANKS IN NIGERIA
Abstract
The research examined the Effects of CEO Attributes on Market Value of Money Deposit Banks in Nigeria. The primary objective was to examine how CEO characteristics, specifically CEO tenure, CEO Financial Expertise and CEO Gender, impact the market value of quoted money deposit banks in Nigeria. The study adopted a correlational research design to examine the relationship between CEO Attributes on Market Value of Money. Secondary data are collected from the annual reports and financial statements of the sampled 14 banks for a period typically spanning 10 years (2014–2023). Pearson Correlation and the regression analyses were adopted based on the OLS technique using E-View 7.0. The Findings revealed that all independent variables (CEO Tenure, CEO Financial Expertise and CEO Gender) have positive and significant relationship with market value. The study concluded that specific CEO characteristics, specifically CEO Tenure, CEO Financial Expertise and CEO Gender, impact the market value of these listed deposit banks in Nigeria. Recommendations made include the need for improvement in the characteristics of CEO within listed deposit banks in Nigeria, to limit negative potential threats to the market value of these banks. Future research should focus on CEO characteristics that were not included in this study such as: CEO processes, including the experience of CEO, religious backgrounds of CEO, and organizational culture. also, upcoming studies should consider alternative measures of market value.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.