This paper aims to examine the effects of exchange rate volatility on economic growth of West African English speaking countries. Macroeconomic data used for this study were obtained from World Bank Data Stream between 1980 until 2017 and analyzed using Stata 14 panel data regression analysis. The results obtained showed that the independent variable (real exchange rate) is statistically significant and negatively related to the dependent variable (GDP) in West African English speaking countries excluding time-invariant variables. This current study contributes empirically regarding the relationships between exchange rate volatility and economic growth of West African English speaking countries. From 1980From -2017. The findings of this study will help the countries under review and other nations in general to improve on monetary policy; it could be used by the central bank of West African English speaking countries as a guide for effective monetary policy.
This paper seeks to investigate the determinants of board size for Nigerian companies. To accomplish the aim of the study, a panel data set of public listed companies in Nigeria from 2005 to 2015 was employed. The results showed that the most common board size of Nigerian companies ranged from four to 18 members. Specifically, the findings indicated that board size was a function of company and industry characteristics. A significant and positive association was found between company size and board size, while CEO ownership and ownership concentration were negative. The results lend support to theoretical arguments that a company’s board structure is determined by the scope of company operations and monitoring costs associated with the company. Since company-specific characteristics determine board size, the impact of board size on corporate outcomes may differ based on these characteristics. Therefore, it would be helpful if future studies could consider the interactive effect of company characteristics when investigating the impact of board size on corporate outcomes.
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