EFFECT OF BOARD ATTRIBUTES ON PERFORMANCE OF SELECTED PUBLIC SECTOR ENTERPRISES IN NIGERIA

Over the last three years, the Government of Nigeria has undertaken several measures to improve the performance of public enterprises in the country. The measures undertaken have focused on improving the transparency and accountability of the management of Government-owned Enterprises. This study examined the effect of board attributes on performance of public enterprises. for the period of 2014 to 2018. Descriptive research design was used. The data were analyzed using multiple regression analysis. Results show that board size and board independence has positive significant effect on performance of selected public enterprises in Nigeria. while board meeting showed a negative but significant effect on performance of selected public enterprises. The study concludes that board size and board independence can drive performance of public enterprises in Nigeria. Therefore, it is recommended that public enterprises should have adequate board size to the scale and complexity of the enterprises’ operations and be composed in such a way as to ensure diversity of experience without compromising integrity and accountability