Analysis of the Trend and Effect of Liquidity Management on the Performance Insurance Companies in Nigeria
Journal Title: Saudi Journal of Economics and Finance - Year 2018, Vol 2, Issue 1
Abstract
Abstract:The paper investigated the trend of the performance of insurance sector and the implication of liquidity management on their performance between 2000 and 2008. The study made use of return on equity ROE as measure of insurance companies’ performance; other variables used as independent variables are liquid asset volume, working capital, total investment, under-writing risk, dividend and equity capital. Seven non-life insurance companies were used for the analysis,descriptive statistics and panel data analysis were used to analyze the data. The results show that while all the performance indicators such as profit after tax return on asset, return on equity among others have been following rising trends over the years; liquid asset volume has been following a falling trend. The panel data results show that liquidity does not have significant impact on the performance of insurance companies. It is recommended that insurance companies should embark on strategies that will make management of liquidity have significant positive impact on the performance of insurance companies in Nigeria. Keywords:Management, Descriptive statistics, performance.
Authors and Affiliations
Otalu J. A
Keywords
Related Articles
- EP ID EP402292
- DOI -
- Views 59
- Downloads 0
Credit Risk and Bank Performance in Nigeria
Abstract:The study investigated the impact of credit risk on bank performance in Nigeria between 1990 and 2006. From the literature, non-performing loans have been used as proxy for credit risk. However, other variables...
A Study on the factors Affecting Online and Offline Shopping with respect to Jamnagar City in Gujarat
Abstract:The study tries to understand the antecedents of consumer preferences towards online and offline shopping. A conceptual model that addresses consumer value perception for using the internet shopping versus the t...
Comparative Study of the Role of Tax Audit and Tax Investigations in Developed and Developing Countries (Emphasis on Nigeria and United Kingdom)
Abstract:This paper assessesthe comparative study of the role of tax audit and tax investigations in developed and developing countries (emphasis on Nigeria and United Kingdom). The two research questions that guided the...
The Effect of Working Group, Leadership Style, OrganizationalCharacteristics and Administrative Processes on the Job Performance of Furniture Company in Pasuruan, Indonesia
Abstract:Success in improving job performance in Pasuruan Furniture Company will be achieved if the company can create an understanding of the Working Group, Leadership Style, Organizational Characteristics and administr...
Handling Various Crises between Employers and Employees for Organisational Effectiveness
Abstract:The first step in getting ready to handle crisis at the workplace is to acknowledge that it can happen anywhere and at any time. To effectively deal with crises, companies should be able to react correctly when...