Banking governance and its impact on financial and accounting performance in Sudanese commercial banks

Abstract

          The study dealt with banking governance and its impact on the financial and accounting performance in Sudanese commercial banks, the problem of the study was that enhancing and improving the financial and accounting performance in commercial banks is one of the important and main issues at the present, and that banking governance is what works on this in accordance with the principles and provisions it passes in order to Bank safety and protection, the study aimed to identify banking governance and its principles, clarify the concept of financial performance and evaluative indicators, and attempt to show the importance of financial statements in the accounting system. To achieve the objectives of the study, the following hypotheses were tested: There is a statistically significant relationship between banking governance and financial and accounting performance. There is a statistically significant relationship between banking governance and the standards and indicators for evaluating financial performance, and there is a statistically significant relationship between banking governance and the bank’s financial oversight. There is a statistically significant relationship between banking governance and the bank’s financial reports. The study followed a set of Methodologies including the deductive method in defining the problem and formulating hypotheses, the inductive method in tracking the problem, in addition to the historical method in presenting previous studies, and the analytical approach in testing the study hypotheses. The study proved the validity of the study's hypotheses by using statistical methods in analyzing the study data, which was collected through a questionnaire, based on testing the hypotheses. The study concluded many results, the most important of which are: Commercial banks differ from other joint-stock companies because the nature of their work carries risks, in addition to the fact that these banks are responsible for preserving the funds of others (depositors). Bank governance seeks to achieve transparency and protect the rights of shareholders in The bank. The study recommended there must be a review of financial laws, systems and regulations, ensure their integrity to the developments that occur, analyze them and suggest making amendments that help achieve the objectives of financial control, and there must be a modern accounting system to evaluate financial and accounting performance.