Artikel

Determinants of profitability of Nigerian deposit money banks

This study investigates banks' specific and macroeconomic determinants of profitability of ten listed deposit money banks in Nigerian Stock Exchange from 2008 to 2017 using fixed effect regression. The result reveals that capital adequacy, nonperforming loan, loan to total asset and size have significant positive effect on profitability, while age was found to exert significant but negative effect on profitability. The study could not however establish sig-nificant positive effect of macroeconomic indi-cators (economic growth and interest rate) on profitability of deposit money banks while inf-lation rate has negative but insignificant influe-nce on profitability. Arising from the findings, the study recommends that government should initiate and execute economic policies that will improve the profitability of deposit money banks in Nigeria given the key role of the sector to the economy while banks should also mana-ge their specific variables that are likely to improve profitability.

Sprache
Englisch

Erschienen in
Journal: Economic Review: Journal of Economics and Business ; ISSN: 1512-8962 ; Volume: 17 ; Year: 2019 ; Issue: 1 ; Pages: 47-62 ; Tuzla: University of Tuzla, Faculty of Economics

Klassifikation
Wirtschaft
General Financial Markets: General (includes Measurement and Data)
Insurance; Insurance Companies; Actuarial Studies
Thema
banks' specific indicators
deposit money banks
macroeconomic indicators
fixed effect and profitability

Ereignis
Geistige Schöpfung
(wer)
Sanyaolu, Wasiu Abiodun
Siynbola, Trimisiu Tunji
Ogunmefun, Gbadebo Tirimisiyu
Makinde, Afeez Babatunde
Ereignis
Veröffentlichung
(wer)
University of Tuzla, Faculty of Economics
(wo)
Tuzla
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Sanyaolu, Wasiu Abiodun
  • Siynbola, Trimisiu Tunji
  • Ogunmefun, Gbadebo Tirimisiyu
  • Makinde, Afeez Babatunde
  • University of Tuzla, Faculty of Economics

Entstanden

  • 2019

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