Browsing by Author "Bello, Mohammed Bamanga"
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Item Open Access Chief Executive Officer's Qualities And Stock Performance Of Listed HealthCare Companies In Nigeria(Department of Accounting, Nasarawa State University, Keffi., 2019-06-03) Ismaila, Olotu Abdullahi; Bello, Mohammed BamangaThis study assessed the impact of chief executive officer's qualities and stock performance of listed healthcare companies in Nigeria. The study adopted ex-post facto research design and sampled seven (7) listed healthcare companies in Nigeria for a period offive years (2014-2018). A panel secondary data was used and multiple regression technique was applied to analyse the data. The study found that, CEO age and CEO education level of the listed healthcare companies in Nigeria has a negative significant impact on stock performance. It however found that the CEO tenure has an insignificant positive impact on the stock performance of listed healthcare companies in Nigeria during the period under review. The study recommends that companies should consider age when striving for higher firm value because the results revealed that older CEOs tend to lead to lower firm value. Furthermore, it is recommended that the companies should not be haste in firing the CEO if CEO is not performing as expected because as CEO tenure increases, the firm value will also increase.