Impact of Capital Structure on The Financial Performance of Listed Financial Institutions in Nigeria
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 01
Abstract
The influence of capital structure on deposit money bank financial performance was explored in this study. The secondary data was gathered from the annual reports and accounts of the 14 sampled Deposit Money Banks from 2014 to 2018, and generalized least square multiple regression was used to evaluate the secondary data. According to the findings, total debt to total assets, total debt to total equity, and long-term debt to total assets have little bearing on the financial performance of Nigerian banks. The study also discovered that the ratio of short-term debt to total assets has a considerable influence on a bank's financial success. In light of the findings, it is suggested that bank management strive diligently to reduce the short-term debt to total assets component of their capital structure, since this has a detrimental impact on their financial performance. They also have a tendency to enhance the ratio of total debt to total assets since it improves their financial performance. Long-term debt to total assets ratios should be reduced in capital structure components since they have a negative impact on financial performance.
Authors and Affiliations
Bernard Wilson, Innocent Odekina Idachaba, Godiya Mallum Shallangwa
The Influence of Knowledge Management and Educational Background on Strategic Human Resource Competency Mediated by Strategic Partnership at Deputy II of Home Affairs for Economic Studies BIN
The purpose of this study was to analyze the direct and indirect effects of Knowledge Management and Educational Background on Strategic Human Resource Competency mediated by the Strategic Partnership at Deputy II for Do...
Because in Italy, as in Many Other Countries, There is Still a Long Way To Ensure That Taxes Burden The Income Actually Produced By Businesses
The payment of taxes determined on the actual income generated by companies is one of the topics debated for a long time in all countries. Each country has its tax and civil law, so it is impossible to make apodictic sta...
The Effect of Company Size on Debt Policy Through Asset Structure in Insurance Companies Listed on the Indonesian Stock Exchange
This study aims to examine the effect of company size on debt policy through the asset structure of insurance companies listed on the Indonesia Stock Exchange for the period 2016 to 2021. The population in this study is...
The Effectiveness of Digital Marketing in Fostering Consumer Buying Interest during the Covid-19 Pandemic (Case Study on Shopee E-Commerce Users at University of Merdeka Malang, Indonesia)
This study aims to determine the effectiveness of Shopee's digital marketing in growing people's buying interest. This research uses descriptive and quantitative methods, using a Likert scale as a measure. The sampling m...
Analysis of Influence of Product Design and Product Quality on Customer Satisfaction case Study at Hand Made Shoes Umkm Bang MUS
This study discusses how product design and product quality affect consumer satisfaction in Bang Mus Hand Made Shoes UMKM. The purpose of this study was to identify the influence of product design and product quality th...