This study examines the effectiveness of corporate governance practices in Nigeria, focusing on a comparative analysis of selected firms. The study uses a sample of selected banks against some selected non-bank companies. The study uses both primary and secondary data, relying more on secondary data for the comparative analysis. The main objective of the study is to examine how effectively the principles of corporate governance are applied in the banks vis-a-vis the non-bank companies. A major stated and tested the hypothesis is that corporate governance practices in Nigeria firms have significant affects in attracting investments. Amongst the findings of this study are: there are better disclosures in Nigerian banks than non-bank companies; the application of the principles of corporate governance is higher in the banks than the non-bank companies in Nigeria, and corporate governance practices have significant effects in attracting investment in Nigeria. The study recommends, amongst others: that non-bank companies in Nigeria should adopt more effectively the principles of corporate governance; minimum standards should be set for disclosures by corporate entities in Nigeria; and the Nigerian Stock Exchange should improve it oversight function of corporate entities in Nigeria with a view to promoting better corporate governance practices.

This study examines the effectiveness of corporate governance practices in Nigeria, focusing on a comparative analysis of selected firms. The study uses a sample of selected banks against some selected non-bank companies. The study uses both primary and secondary data, relying more on secondary d...