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Ownership Structure & Financial Performance of Listed Firms in Nigeria

Ownership Structure & Financial Performance of Listed Firms in Nigeria

Paperback

Business General

ISBN10: 6208011094
ISBN13: 9786208011093
Publisher: LAP Lambert Academic Publishing
Published: Aug 15 2024
Pages: 84
Weight: 0.30
Height: 0.20 Width: 6.00 Depth: 9.00
Language: English
This study examines the impact of ownership structure on the return on assets of listed consumer goods companies in Nigeria. Using a descriptive research design, the findings reveal that institutional ownership significantly influences financial performance, while managerial, board, and foreign ownership do not have a notable impact. The study concludes that attracting institutional investors is beneficial, but companies should maintain a balanced ownership structure and focus on board effectiveness. Limitations include a small sample size and reliance on secondary data. Recommendations for further research include exploring other financial metrics and industry-specific patterns in ownership effects.

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Business General