Institutional Investors Ownership and Financial Performance: Examining the Nexus in Nigerian Deposit Money Banks

Autor:	John Nonso Okoye, Damilola Felix Eluyela, A. O. Otekunrin, Opeyemi Ajetunmobi, Asamu Festus, Wisdom Okere
Rok vydání:	2020
Předmět:	Financial performance Time frame Sociology and Political Science Stock exchange Political Science and International Relations Economics Econometrics and Finance (miscellaneous) Industrial relations Institutional investor Financial system Business Nexus (standard) Panel data
Zdroj:	Research in World Economy. 11:177
ISSN:	1923-399X 1923-3981
Popis:	The main aim of this paper is to examine the impact of institutional investor’s ownership on the financial performance of deposit money banks listed on Nigerian stock exchange (NSE). The time frame for this study is 2011-2018. Data was generated from annual reports of 15 deposit money banks listed on NSE. The result of the panel data methodology shows a positive and significant relationship between institutional investor’s ownership and banks financial performance. The study recommended that management of banks should give more attention to the large institutional shareholders due to their influence on the growth and survival of the company.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f6fcd9a41641aef0310bee0aa6cda6be https://doi.org/10.5430/rwe.v11n6p177 Zobrazit plný text záznamu