Impact of Corruption on Bank Profitability in Nigeria

Posted: 9 May 2009

Date Written: May 8, 2009

Abstract

This study sought to econometrically analyze the impact of corruption on bank profitability in Nigeria. Using a panel data set comprising 358 observations of 48 unique banks over the 1996-2006 time period, backward stepwise regression results reveal that corruption has a significant positive impact on bank profitability in Nigeria. The results lend credence to accusations that banks in Nigeria are thriving from corruption in the country.

Keywords: Banking, Profitability, Corruption, Nigeria

JEL Classification: C33, G21

Suggested Citation

Aburime, Toni, Impact of Corruption on Bank Profitability in Nigeria (May 8, 2009). Available at SSRN: https://ssrn.com/abstract=1400987

Toni Aburime (Contact Author)

Deakin University ( email )

221 Burwood Highway
Burwood, Victoria 3125
Australia
+61 4 20635563 (Phone)

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