In a situation where power is used to direct control and regulate activities that effects peoples interest there is the need in exercised such power with good intention.For corporate activities, particularly public limited companies the exercise of power over the enterprises directions the supervision and control of executive action is concerned with the enterprises on their parties, especially the environment. The acceptance of a judiciary of corporate governance. This has been widely event driven in the sense that is in response to scandals and unexpected cries which in some case abstractly terminated the existence of large corporate entities. The failure of Johnson banks or credit and commerce international saving bank Euro Corporation Polly pick are cases at this point. The failures of these institution have been traced back to school lapses associate with poor corporate governance include conflict of interest of corporate governance. The concern also concedes with the implementation of liberalization de-regulation and privatilization polities. Particularly in transaction economics. It also shifts the authorities for allocation resources and return including social benefit and externalities with forms from public to private sector actors.
However, the concern with defines the scope of his research work is that of corporate governance in Nigeria banks as widely acknowledgement in the literature banks play a vital role in promotion economic growth and development of modern nation starter as noted by Schumper (1934) as a key agent in the process of development.
As financial intermediaries they are pivotal agent in payment to the real sector. They also act as catalyst for economy growth and development.