Potential implication of firm specific factors on insurance: Potential implication of firm specific factors on insurance profitability in Nigeria - Brossura

Ikechukwu Virginus, Ugwu; Adaeze Eucharia, Ekwochi

Brossura

ISBN 10: 6205516349 ISBN 13: 9786205516348

Casa editrice: LAP LAMBERT Academic Publishing, 2022

Riassunto

This work determined the potential implication of firm specific factors on profitability of listed Insurance companies in Nigeria, 2015 to 2019. Firm specific factors are Firm Size, FSSIZE; Firm Age FSAGE; Firm Leverage FSLE; and Firm Liquidity FSLQ and the dependent variable is Profitability-Return on Asset ROA. This study applied ex-post facto research design and the population comprised all the quoted insurance companies from Nigerian Stock Exchange NSE, 2014-2019. A purposive sampling technique selected 10 listed insurance firms with the required annual reports made available to the public in, 2020 NSE. The statistical techniques employed: Descriptive statistics; Pearson Correlation Matrix and Robust Least Square (RLS) Regression. The results show that the R-squared value is 0.0342, which implies that all the independent variables jointly explain only about 3.42% of the systematic variations in the (ROA). The final findings indicated that: FSSIZE and FSLEV have negative and insignificant implication on ROA; FSAGE and FSLIQ have positive and insignificant implication on ROA of pooled insurance firms for the period in Nigeria.

Dettagli dell'edizione

• Editore: LAP LAMBERT Academic Publishing
• Data di pubblicazione: 2022
• Lingua: Inglese
• ISBN 10: 6205516349
• ISBN 13: 9786205516348
• Rilegatura: Copertina flessibile
• Numero di pagine: 52
• Contatto del produttore: non disponibile
• Persona responsabile: KreGa Onlinehandel GmbH; 4950000000000; info@krega-onlinehandel.de; ; Birkenweg 31; Brakel; 33034; Germania