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IMPACT OF CORRUPTION ON BANK PROFITABILITY IN NIGERIA

Toni Aburime

EuroEconomica, 2009, issue 2(23), 50-57

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 (search for similar items in EconPapers)
Date: 2009
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