Abstract

This research work has been conducted to find out significant relationships between corporate governance and financial performance of the selected banks in Nigeria. Corporate governance is the formal mechanism and the system by which management is held accountable to shareholders for its practices and policies. The independent variables of this study are corporate governance, accountability, organisations financial performance. This research therefore covers the selected two Diamond Banks in Garki and Nyanya, Abuja, Nigeria. The actual population of the study is two hundred and eighty one (281); simple size of 165 was obtained from the population at 5% error tolerance and 95% degree of freedom using Yamane’s statistical formula. 165(100%) of the questionnaires distributed, 160(96.9%) were returned and 5(3.1%) were not answered and returned. Pearson product moment correlation coefficient and simple linear regression test was used to test the hypotheses.On the other hand, the emphasis on corporate governance today came as a result of the realization that corporate governance holds the key to the success and survival of a bank. Governments in both the developed and developing nations know that growth and success of commerce and industry depend on the effective financial intermediation role played by the banking sector.