Effects of Human Resource Cost on Profitability of Banks in Nigeria
Andrew A. Agbiogwu,
John U. Ihendinihu and
Joseph U.B. Azubike
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Andrew A. Agbiogwu: Alvan Ikoku Federal College of Education, Nigeria
John U. Ihendinihu: Michael Okpara University of Agriculture, Nigeria
Joseph U.B. Azubike: Michael Okpara University of Agriculture, Nigeria
Expert Journal of Finance, 2016, vol. 4, 10-18
This study aims to investigate the effects of human resources cost on the profitability of banks in Nigeria from 2010 – 2014 using First Bank Nigeria, Plc and Zenith bank Nig. Plc. The study adopted content method of analysis and linear regression model to test the stated hypotheses. Findings revealed that staff cost significantly affects Earnings per share, Net profit margin, and Return on capital employed of banks. The researchers recommend, among other things, that there should be an uniformed standard for identification and measurement of human capital assets.
Keywords: profitability; staff cost; net profit; earnings per share and return on capital employed (search for similar items in EconPapers)
JEL-codes: G21 O15 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:exp:finnce:v:4:y:2016:i::p:10-18
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