UJ Graduation Programme 13 May 2020 17h00

Olowosegun, Oladipo (PhD)

Oladipo Olowosegun holds a BSc Honours (Accounting) from the University of Ilorin, Nigeria and a Master of Science in Accounting and Finance from the University of Dundee, Scotland, UK. He is a member of the Institute of Chartered Accountants of Nigeria and has worked in both the public and private sectors in Nigeria. He has lectured in accounting at Kogi State University, Nigeria and now provides consulting and advisory services to Nigerian companies. The aim of his study was to provide an alternative corporate governance framework for Nigeria’s banking sector that addresses corporate governance breaches in Nigerian banks in view of the recurrent corporate governance infractions reported among Nigerian banks. Qualitative content analysis and questionnaire surveys were used in the study. The results of qualitative content analysis show that there was substantive compliance with the CBN code and other statutory requirements. However, it is unclear whether compliance was cosmetic or a conviction of the benefits derivable from embracing the spirit of the code. The results show that, substantially, the provisions in the CBN code are important and practical. The banks generally agreed that there were enough laws, rules and codes to ensure good corporate governance in Nigeria’s banking sector. Consequently, the study recommended a principles-based corporate governance framework driven by ethical leadership.

Supervisor: Prof ST Moloi

65

Made with FlippingBook - Online Brochure Maker