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CORPORATE FAILURE: AN ASSESSMENT OF THE NIGERIAN BANKING SECTOR

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CORPORATE FAILURE: AN ASSESSMENT OF THE NIGERIAN BANKING SECTOR

Abstract

One of the major issues arising in the recent times, for both management and practitioners, relates to the principles which determine corporate successes and failures i.e. why some organizations grow and others fail. Many nations have experienced failures especially in their banking sectors, and this has caused great harm to their economies. The Nigerian banking system has also experienced series of failures in spite of the Nigerian Banking Ordinance promulgated in 1952. The period between 1994 and 2003 was characterized by a great surge of banking distress which had a great impact on the economy. The main objective of this study is to make a critical analysis of the concept of corporate failure in Nigerian banks, identify the most significant reasons for the series of bank failures, analyze the effects of these crises on the Nigerian economy and make policy recommendations on how to prevent future crises. Findings indicate that there are common factors that lead to failure in banks and there are also factors which are country specific. Based on these findings, stakeholders and investors can have a clearer view of the causes of the recurrent bank failures in Nigeria and the impact on the Nigerian economy.

TABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

CORPORATE FAILURE: AN ASSESSMENT OF THE NIGERIAN BANKING SECTOR

 

 

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