IMPACT OF FINANCIAL LEVERAGE ON PERFORMANCE OF QUOTED CEMENT COMPANIES IN NIGERIA
| dc.contributor.author | Samuel, Abu Amana | |
| dc.contributor.author | Bala, Ali Yusuf | |
| dc.contributor.author | Oloshu, Alanana Ibrahim | |
| dc.date.accessioned | 2023-12-10T17:39:23Z | |
| dc.date.available | 2023-12-10T17:39:23Z | |
| dc.date.issued | 2018-06-16 | |
| dc.description.abstract | This study examined the impact of financial leverage on performance of quoted cement companies in Nigeria. The study employed returns on equity (ROE) as proxy for performance and debt-equity ratio and debt ratio as measures for financial leverage. Secondary data on a sample of three companies was extracted from the firms ’ financial statements and the Nigerian Stock Exchange fact book. The study employs a correlational design and use robust ordinary least square regression technique to analyses the data, while using the variance inflation factor as a check on harmful Collinearity among variables. The result shows that there is a significant negative relationship between debt-equity ratio and performance of quoted cement companies in Nigeria. And also the revealed a negative insignificant relationship between debt ratio and financial performance of quoted cement companies in Nigeria | en_US |
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| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/681 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Accounting Nasarawa State University Keffi. | en_US |
| dc.subject | Financial Leverage, Firm Performance, Return on Equity | en_US |
| dc.title | IMPACT OF FINANCIAL LEVERAGE ON PERFORMANCE OF QUOTED CEMENT COMPANIES IN NIGERIA | en_US |
| dc.type | Article | en_US |