Corporate Governance Attributes, Firm Performance and Directors’ Remuneration

This study investigated corporate governance attributes, firm performance and directors’ remuneration as evidenced by quoted firms on the Nigerian Stock Exchange. The specific objectives examined: the effect and relationship between Board size, Board independence, director ownership, chief executive officer (CEO) Duality, Audit Committee Independence, firm performance and firm size with directors’ remuneration.In view of this, 100 firms were selected using stratified purposive sampling technique. Data were collected Historical data on the dependent and independent variables were extracted from the financial statements and accounts of the sampled firms over the period of 5 years from 2008-.2012, employing the Panel Least Square regression statistical instrument employed This study found that board size, firm performance and firm size has significant effect on directors remuneration, while, board independence, ownership structure, CEO duality and Audit committee have no significant (negative) relationship with directors remuneration. Conclusively, good corporate governance is crucial in assessment and fixing of directors remuneration and resolving the agency problems. Keywords: Corporate Governance, Board Size, Firm Performance, Firm Size, Directors’ Remuneration.