Corporate Governance In Banking: An Assessment Of The Existing Legal Framework

TABLE OF CONTENTS

DECLARATION ........................................................................................................................... ii

APPROVAL .................................................................................................................................. iii

DEDICATION .............................................................................................................................. iv

ACKNOWLEDGEMENT ............................................................................................................ v

CHAPTER ONE ............................................................................................................................ l

I .0 Introduction ............................................................................................................................. I

1.1 Background of the Study: .......................................................................................................... I

1.2 Statement of the Problem: ......................................................................................................... 2

1.3 Objectives ofthe Study: ............................................................................................................ 3

1.4 Hypothesis: ................................................................................................................................ 3

1.5 Methodology: ............................................................................................................................ 4

1.6 Literature Review: ..................................................................................................................... 4

CHAPTER TW0 ........................................................................................................................... 9

2 .0 Regulatory frame work of corporate Governance in Banking ................................................ 9

2.1 Introduction .......................................................................................................................... 9

2.2 The Rationale for Regulation .............................................................................................. 9

2.3 Salient features of corporate governance laws and_regulations ............................................ 12

2.4 Critic of the laws and regulations ....................................................................................... 20

2.5 Conclusion ......................................................................................................................... 21

CHAPTER THREE .................................................................................................................... 22

3 .Olmplementation and Challenges of Corporate Governance in Banking .................................. 22

3.1 Implementation of Corporate Governance ............................................................................. 22

3.2Challenges in the implementation of Corporate Governance: ................................................. 26

CHAPTER FOUR ....................................................................................................................... 30

4 .0 The growth of Corporate Governance ................................................................................... 30

4.1 Introduction ............................................................................................................................ 30

4.2 Indicators of Growth of corporate Governance ..................................................................... 3D

4.3 Assessment of Growth of Corporate Governance ................................................................. 33

CHAPTER FIVE ......................................................................................................................... 36 ·

5 .0 Recommendations and conclusion ......................................................................................... 36

5.1 Recommendations: ............................................................................................................... 36

5.2 Conclusion: ........................................................................................................................... 38

REFERENCES ............................................................................................................................ 39

APPENDIX .................................................................................................................................. 41