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Monetary Policy and Corporate Profitability in the Banking Sector (Okoye E. I., Udeh F. N.)

Bank Profitability

Abstract This paper focuses on the effect of monetary policy on corporate profitability in the banking sector with a reflection on the Nigerian economy. The major objectives of the study were to determine the effect of the relationship between monetary policy and corporate profitability in the banking sector and the level of its influence on the Nigerian economy. The study employed regression analysis to carry out the investigations. The data for the study were secondary data. The study developed four models which are expected to serve the purpose of forecasting the future profit of the banks examined. The result of the findings indicated that monetary policy has constrained corporate profitability of banks in Nigeria. Owing to this, it was recommended, among others, that the monetary authorities should adopt strict adherence to deregulation. Government should adopt legal reserve ratio that is not too stringent, to avoid illiquidity and distress in the banks.
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Libref/ Okoye E. I., Udeh F. N. (2009) "Monetary Policy and Corporate Profitability in the Banking Sector", Journal of Management Science, Vol. 9, No. 2, July 2009, pp. 1 - 27
© Программирование — Александр Красильников, 2008
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