Firm Size, Financial Leverage and Firm Performance: Evidence from Firms Listed in the Non-Financial Sectors of the Nigeria Stock Exchange
James Sunday Kehinde,
Sehilat Abike Bolarinwa and
Olukayode Ezekiel Ibironke
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James Sunday Kehinde: Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria
Sehilat Abike Bolarinwa: Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria
Olukayode Ezekiel Ibironke: Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria
International Journal of Research and Innovation in Social Science, 2022, vol. 6, issue 12, 188-195
Abstract:
This study examined the moderating effects of firm size on the financial leverage – performance relationship of non-financial firms in Nigeria. The study used the ex-post facto research design and secondary data was adopted from annual reports of 50 non-financial firms listed on the Nigeria Stock Exchange as at 31 December 2019. The data used was for the period of 2010 – 2019 and multiple regression tool was used to analysed the data collected. The findings of this study shows that debt ratio (β= -0.459; p
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:6:y:2022:i:12:p:188-195
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