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OWNERSHIP STRUCTURE AND PERFORMANCE IN THE BANKING INDUSTRY IN NIGERIA
Aforka C. Ibe
Savings and Development
Vol. 16, No. 3 (1992), pp. 243-254
Published by: Giordano Dell-Amore Foundation
Stable URL: http://www.jstor.org/stable/25830306
Page Count: 12
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Given the diversity in the ownership structure and performance of banks in Nigeria, this paper seeks to establish whether ownership structure determines performance and, if it does, to explain how this happens. By categorising the ownership structure into three and using the level of profitability and related indices as measures of performance, it is established that government and privately-owned, foreign invested banks perform better than state government banks. The better performance of foreign-invested banks is the result of the availability of the required level of technical expertise in these banks compared to state government banks. The paper thus recommends that improved performance in the state banks calls for the restructuring of their ownership to allow substantial equity participation by technical partners, foreign or local, whose task would be to institute more effective control measures.
Savings and Development © 1992 Giordano Dell-Amore Foundation