Browsing by Author "Ogwuche, Iduh Peter"

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    Corporate Governance and Firm Performance: Evidence from Listed Insurance Companies in Nigeria
    (Department of Banking & Finance, Nasarawa State University, Keffi, 2017-07-19) Ibrahim, Ahmed Abdullahi; Ogwuche, Iduh Peter; Mairafi, Salihu Liman
    The objective of this study is to investigate the effect of board characteristics on performance of insurance companies in Nigeria. The study adopted ex-post factor research design. The study used ordinary least square regression. The findings indicate that corporate governance attributes of board size, board independence, board gender, and foreign ownership concentration in the insurance industry of Nigeria have not significantly impacted on both measures of performances namely return on insurance premium and firm value. It is recommended that though compliance with corporate governance principles may not necessarily yield economic benefit, but continuous adoption and practices will be profitable for ethical reasons.
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    EFFECT OF ISSUER CREDIT QUALITY ON CORPORATE BOND RETURNS OF SOME SELECTED DEPOSIT MONEY BANKS IN NIGERIA
    (Department of Business Administration, Nasarawa State University Keffi, 2018-08-21) Ogwuche, Iduh Peter; Adamu, Abdul; Ali, Abubakar
    Research in the area of finance in developed economies has long identified issuer credit quality as critical concern to investors. However, this do not receive much attention in developing countries such as Nigeria until recently. Thus, this study investigates the effect of issuer credit quality on corporate bond returns of some selected deposit money banks (issuers) in Nigeria for the period 11 years (2005-2015). The descriptive and correlational research designs were used and the data for the study were collected from the annual reports and accounts of sampled DMBs, SEC publications and NSE fact book for the period of study. The Panel Regression Model was used for data analysis and the findings showed that, Issuer credit quality had a significant negative effect on the corporate bond returns of the• sampled ■ deposit money banks (DMBs) listed on the Nigerian Stock Exchange. Based on these findings, it is the recommended that policymakers and regulators of DMBs in Nigeria should ensure regular and consistent periodic credit rating as it restores investors’ confidence and that DMBs banks should ensure credible outlook that will reflect the quality of the corporate bond.
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    EXCHANGE TRADED FUNDS AND THE LIQUIDITY OF THE COMPONENT STOCKS
    (Department of Business Administration, Nasarawa State University Keffi, 2015-02-11) Adamu, Abdul; Wada, Friday; Ogwuche, Iduh Peter
    This study examined the liquidity of Exchange Traded Fund and its component stocks1 on the Nigerian Stock Exchange (NSE). The data for this study was the daily opening price, day price, and volume traded for the ETF and the first10 most capitalized stocks of NSE 30. The data was analysed using descriptive statistics and Amihud’s measure of illiquidity. The results show that the component stocks are more liquid than the ETFs and it was recommended that the regulators should educate the investors and their agents on the likely benefits of investing in ETFs rather than the individual component stocks
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    RELATIONSHIP BETWEEN RECESSION AND SALES PERFORMANCE OF SMES IN BENUE STATE
    (Department of Business Administration, Nasarawa State University Keffi, 2018-07-10) Ogwuche, Iduh Peter; Abdul, Zainab Husseini; Adamu, Abdul
    Many studies have reported the relationship of recession on the economy but none of the studies conducted assessed its relationship on the performance of SMEs in Nigeria. Therefore, the objective of this study is to examine the relationship between recession and sales performance of SMEs in Benue State. For the purpose of investigation research questions and hypotheses were formulated and the study adopted the cross-sectional survey design, as such, a total of fifteen (15) questions were designed in questionnaire form which was distribution in order to elicit responses after validity and reliability test. The study employed the spearman’s rank order correlation methods with the aid of SPSS 23.0 to analyze the formulated hypotheses. The study found that recession has significant influence on the sales performance of SMEs in Benue State. It is therefore recommended that SMEs should be strategically positioned to increase their competitiveness during the period of recession through aggressive marketing to boast sales involved in R&D to improve it product quality.