Browsing by Author "Kolawole, M. A"
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Item C-Suite Bias, Firm Characteristics, and Capital Structure Decision of Quoted Industrial Firms in Nigeria(Faculty of Management and Finance, University of Colombo, 2022) Fagbemi, T. O.; Kolawole, M. A; Adigbole, E. A.; Abogun, SegunMost people exaggerate their own skills and accomplishments, which can have disastrous results. The C-sSuite, has a tremendous impact on business choices, as decisions made in the workplace can be skewed by unconscious prejudice, and this bias can have negative consequences. Therefore, this study explores C-sSuite bias, firm characteristics, and capital structure decisions of quoted industrial goods firms in Nigeria. Data from 2002 to 2020 was used in an ex-post-facto research design while pooled OLS was used for analyses. The study found that C-suite tenure had a favourable influence on capital structure, suggesting that the duration during which C-suite executives govern their firms' affairs has a beneficial effect on the capital structure decisions. Therefore, the study advances that corporations should enable C-suite members to serve for a longer period of time;, as because, the longer they remain at the helm of the company's affairs, the better their capital structure decisions.