Capital Structure and Corporate Performance of Nigerian Quoted Firms: A Panel Data Approach
This paper presents empirical findings on the impact of leverage (debt’s ratio) on firms’ performance. Empirical results based on 2003 to 2007 accounting and marketing data for 101 quoted firms in Nigeria lend some support to the pecking order and static tradeoff theories of capital structure. The study employed panel data analysis by using fixed‐effect estimation, random‐effect...
Felicia Omowunmi Olokoyo
Olokoyo Felicia Omowunmi » Dr. Felicia Omowunmi Olokoyo is an Associate Professor of Finance in the Banking and Finance Department,College of Business and Social Sciences, Covenant University, Nigeria. She has an overriding goal to be the best at whatever she does. She graduated in 2003 from the University of Ado-Ekiti, Ekiti State, Nigeria with a B.Sc. degree in Banking and Finance in the First Class Honours Division.... view full profile
