Board Meeting Frequency and Organisational Performance in Nigerian Microfinance Banks: Evidence from Jos, Plateau State

📖 ABSTRACT/OVERVIEW

This study investigates the effect of board meeting frequency on organisational performance in microfinance banks operating in Jos, Plateau State, Nigeria. Microfinance banks serve a critical financial inclusion function in Nigeria, particularly in the North Central geopolitical zone, where significant portions of the population remain unbanked. The Central Bank of Nigeria's microfinance policy and corporate governance framework for microfinance institutions requires regular board engagement to ensure sound oversight. However, empirical evidence on how meeting frequency translates into measurable performance outcomes in this sub-sector remains limited. The study adopts a descriptive research design, combining secondary data from annual reports of fifteen microfinance banks in Jos and primary data gathered through structured interviews with board secretaries. Performance is measured using return on equity, loan portfolio quality, and client satisfaction indices. Data are analysed using descriptive statistics and regression techniques. The study expects a positive relationship between meeting frequency and performance, moderated by agenda quality and director attendance rates. Findings will be valuable to microfinance bank boards, the Central Bank of Nigeria, and development finance institutions in designing governance standards for the sub-sector. This research contributes to the North Central governance literature and addresses a significant gap in microfinance governance studies in Nigeria. Keywords: board meeting frequency, organisational performance, microfinance banks, corporate governance, Plateau State.

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