The impact of bigger board size on financial performance of firms: The Nigerian experience

Abstract

Eyenubo A. Samuel

The paper is centered the impact of Bigger Board Size on Financial Performance of Firms in Nigeria. The study was to find out the relationship between Bigger Board and Financial Performance by adopting the use of secondary data from the Nigerian Stock Exchange Fact book drawn from various industries during the period 2001 – 2010 via the regression statistical technique. The findings of the study revealed that Bigger Board Size affects the Financial Performance of a firm in a negative manner. Based on the findings of the study, firms are enjoined to place a remarkable degree of emphasis on the area of corporate governance and to some extent embark on eliminating CEO duality. The study proffered other useful recommendations.

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