Date of Conferral
2022
Degree
Ph.D.
School
Management
Advisor
Mohammad Sharifzadeh
Abstract
Corporate governance has attracted much attention in the past few years due to cycles of corporate scandals and frauds that have resulted in momentous cases of financial failures and the collapse of some major corporations. Although the renewed interest in corporate governance has generated considerable insights and a better understanding of the prevailing corporate governance practices, much of this interest has concentrated on experiences in developed and emerging economies. There remains a significant lack of understanding of the practice and impact of corporate governance on firms’ performance in developing countries. This quantitative, nonexperimental study tested the predictive relationship between corporate governance attributes and the performance of banks in South Sudan. Agency theory is the theoretical foundation for this study. Archival data were obtained from the central bank records, and the significance of the relationship between corporate governance attributes and the financial performance of banks in South Sudan was grounded on the results of multiple regression analysis. The research findings indicated a significant predictive relationship between the corporate governance attributes of the level of board independence and level of board education and the financial performance of banks in South Sudan. The findings could support the future formulation of quality corporate governance policies capable of promoting a sound banking system in the country. Banks that are prudently managed and sound financially can increase corporate financial prosperity and long-term sustainability. Sustainable banks in South Sudan will contribute to positive social change, as that will contribute to sustainable economic growth, job security, and higher returns to shareholders.
Recommended Citation
Ngor-Chol, Dier Tong, "Corporate Governance Attributes of Board Independence and Board Education as Predictors of Financial Performance of Banks in South Sudan" (2022). Walden Dissertations and Doctoral Studies. 12802.
https://scholarworks.waldenu.edu/dissertations/12802