The Board, the Executive and Good Governance: A Critical Analysis of the Role and Functions of the Board and the Directors of Top Bank Plc.
21 Pages Posted: 16 Dec 2009
Date Written: March 6, 2009
The contribution of good governance practices in ensuring that goals and objectives of the company as well as those of its stakeholders are realized in a sustainable manner will always be in the front burner. In this study, the author articulates the governance practices of Top Bank Plc. (one of the leading banks in Nigeria, West Africa) by reviewing the roles and functions of the board, the directors and the executives in achieving the objectives of the company and stakeholders. The effect of these governance practices were critically analyzed and measured in terms of the overall performance of the company and compliance to legislation and relevant codes of conduct. It was discovered that though the bank has done exceedingly well in terms of compliance and financial performance, there are still areas that require improvement.
Keywords: the board, the executives, good governance, directors, governance practices, roles, functions of the board
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