IMPACT OF CAPITAL STRUCTURE ON PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA

dc.contributor.authorKolawole, Kayode
dc.contributor.authorIbrahim, Rahji
dc.contributor.authorAbdulmunin, Biliqees
dc.contributor.authorIbrahim, Wasiu
dc.date.accessioned2023-01-13T08:52:16Z
dc.date.available2023-01-13T08:52:16Z
dc.date.issued2021-12
dc.description.abstractThe appropriate financing mix is an important decision which influences the survival of any financial institution. Hence, the need to examine the capital structure and performance of Nigerian banks. Secondary data was sourced from annual reports of thirteen banks in Nigeria covering 2011 to 2020. Panel least square analysis was used to analyzed the data obtained for the study. The findings showed that debt is a significant determinant of performance with coefficient values of 6.102075 at 5% significance level. The study further revealed that equity has a positive relationship with performance of Nigerian deposit money banks with coefficient values of 2.097716 at 1% significance level. Thus, the study concludes that capital structure has significant impact on performance of deposit money banks in Nigeria. Deposit money banks in Nigeria should try to finance from retained earnings and other forms of equity financing rather than relying heavily on debt capital as debt has negative impact on shareholders’ wealth maximization.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/8360
dc.subjectCapital Structure; Financial Performance and Deposit Money Banks.en_US
dc.titleIMPACT OF CAPITAL STRUCTURE ON PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIAen_US

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