尼日利亚消费品上市公司的资产构成与财务绩效

IF 3 Q2 BUSINESS, FINANCE

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI:10.56201/jafm.v9.no5.2023.pg1.17

Mayah Eunice, Ekwueme Chika Maureen, Adejoh Arome Christopher

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引用次数: 0

摘要

本研究调查了(2012-2021)尼日利亚消费品上市公司资产构成对财务绩效的影响。本研究提出了三个研究问题和相应的三个假设。本研究采用事后调查设计。该研究的人口包括截至2022年12月31日在尼日利亚交易所集团(NXG) (NSE)上市的所有消费品制造公司，样本量为从人口部门选择的29家消费品制造公司。该研究依赖于数据集的次要来源，这些数据集来自个别公司、尼日利亚交易所集团(NXG)网站和Machame数据库(www.machameratios.company.site)提供的抽样公司年度报告。在其他初步分析和检验中，进行了面板最小二乘回归分析以验证假设。研究发现，物业、厂房和设备对尼日利亚交易所集团制造业上市公司的绩效有显著的正向影响;无形资产对尼日利亚交易所集团制造业上市公司的绩效有正向但不显著的影响;流动资产对尼日利亚交易所集团上市的制造业公司的业绩有显著的正向影响。根据研究结果，建议尼日利亚制造公司的管理层制定政策，加强对房地产工厂和设备的投资，因为这将提高公司的绩效，使他们能够实现股东财富最大化的目标。该研究还建议制造企业的管理层在努力提高制造企业的绩效时，应提高无形资产的水平。增加对无形资产的投资将起到积极作用

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Assets Composition and Financial Performance of Listed Consumer Goods Firms in Nigeria

This study investigated the effect of asset composition on financial performance of listed consumer goods companies in Nigeria from (2012-2021). three research questions and corresponding three hypotheses were formulated for the study. Ex-post facto research design was employed in the study. The population of the study included all consumer goods manufacturing firms quoted on the Nigerian Exchange Group (NXG) (NSE) as at 31st December 2022 with a sample size of Twenty-nine (29) consumer goods manufacturing companies selected from the population sector. The study relied on secondary sources of dataset which was obtained from Annual reports of sampled companies as provided by individual companies, Nigerian Exchange Group (NXG) website and Machame Database (www.machameratios.company.site). Amongst other preliminary analysis and tests, the panel least square regression analysis was done in validating the hypotheses. The study found that property, plant and equipment have positive and significant effect on the performance of quoted manufacturing companies in Nigeria Exchange Group; Intangible assets have positive but insignificantly effect on the performance of quoted manufacturing companies in Nigeria Exchange Group; current assets has positive significant effect on the performance of manufacturing companies quoted in the Nigeria Exchange Group. Consequent on the findings of the study, it is recommended amongst others that management of manufacturing companies in the Nigeria should formulate policy that will enhance their investment in property plant and equipment as this will increase the performance of their companies and enable them achieve shareholders wealth maximization objective. The study also recommended that management of manufacturing companies in their effort to enhance the performance of manufacturing companies should increase the level of the of on intangible assets. Increasing the investment in intangible assets would positively enha

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来源期刊

Journal of Public Budgeting, Accounting and Financial Management Social Sciences-Public Administration

CiteScore

7.80

自引率

19.40%

发文量

期刊介绍： Published four times a year, the Journal of Public Budgeting, Accounting & Financial Management (JPBAFM) is an international refereed journal which aims at advancement and dissemination of research in the field of public budgeting, accounting, auditing, financial and performance management. The journal is committed to be an outlet for rigorous conceptual and empirical works aimed at challenging and innovating the field of accounting, management and governance in entities operating in the public sphere or public-private sphere (territorial government entities, universities, schools, hospitals as well as state-owned enterprises, hybrid organizations, public and private partnerships, non-profit organizations, NGOs, etc.).