Nexus Between Corporate Governance and Going Concern of Nigerian Deposit Money Banks: The Role of Audit Committee Financial

This study was designed to find the nexus between corporate governance and the concern of Nigeria DMBs with the specific role of audit committee financial expertise. Corporate governance is being used by stakeholders to determine the perpetual succession of business organization. This is prevalent in the DMBs and it has led to the expansion in the activities of DMBs as well as dynamic relationships between the management of DMBs and their owners. In lieu of this, this study sought to investigate this issue in the context of Nigeria. The research approach adopted for this study was quantitative. In addition, purposive sampling technique was adopted to select 8 DMBs listed from the sample frame obtained from NSE for the period 2014 - 2021. Using pooled OLS, the study revealed that ACFE has significant impact on DLLP as indicated by coefficient 98.843 with a p-value of 0.005, management equity holding has no significant impact on DLLP with coefficient 14.719 & p-value of 0.082 at 5% level of significance. Therefore, the study recommends that DMBs should increase the proportion of audit financial expertise with accounting background in the committee in order to enhance prudence and accountability. By this, it will boost the investors’ confidence as well as enhance their reputation and ensure their long-term prosperity.