Effects of Financial Leverage on Shareholders' Return of Deposit Money Banks in Nigeria

Simple item page
dc.contributor.authorSalman, Ramat Titilayo
dc.contributor.authorHassan, Yemisi
dc.date.accessioned2018-05-23T11:20:41Z
dc.date.available2018-05-23T11:20:41Z
dc.date.issued2016
dc.description.abstractFinancial leverage is capable of increasing shareholders return as well as exposing shareholders to risk. This study examines the effect of financial leverage on shareholders return of deposit money bank in Nigeria from 2005-2014. Utiilising the panel data regression method on data obtained from the annual financial report of 14 deposit money banks. The study finds that debt-equity ratio and interest coverage ratio are positively correlated with shareholders returns. However, debt-equity ratio significantly impact on shareholders return than interest coverage ratio. The study concludes that financial leverage helps to achieving the wealth maximization objective of shareholders of Nigerian deposit money banks. It therefore recommends that bank management should continue to employ debt capital in a way that enhances shareholders wealthen_US
dc.identifier.citationSalman, R. T. & Hassan Y. (2016). Effects of Financial Leverage on Shareholders’ Return of Deposit Money Banks in Nigeria. Ilorin Journal of Management Sciences, 3(1), 86-93.en_US
dc.identifier.issn2408-655X
dc.identifier.urihttp://hdl.handle.net/123456789/283
dc.language.isoenen_US
dc.publisherFaculty of Management Sciences, University of Ilorin, Ilorinen_US
dc.relation.ispartofseries3;1
dc.subjectFinancial leverageen_US
dc.subjectShareholders' returnen_US
dc.subjectDebt-equity ratioen_US
dc.subjectinterest coverage ratioen_US
dc.subjectDeposit Money Banksen_US
dc.titleEffects of Financial Leverage on Shareholders' Return of Deposit Money Banks in Nigeriaen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Effects of Financial Leverage on shareholders' Return of Deposit Money Banks in Nigeria.docx
Size:
4.55 MB
Format:
Microsoft Word XML
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.69 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections