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Firm Size, Financial Leverage and Firm Performance: Evidence from Firms Listed in the Non-Financial Sectors of the Nigeria Stock Exchange

Author

Listed:
  • James Sunday Kehinde

    (Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria)

  • Sehilat Abike Bolarinwa

    (Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria)

  • Olukayode Ezekiel Ibironke

    (Department of Accounting, Lagos State University, Ojo, Lagos State, Nigeria)

Abstract

This study examined the moderating effects of firm size on the financial leverage – performance relationship of non-financial firms in Nigeria. The study used the ex-post facto research design and secondary data was adopted from annual reports of 50 non-financial firms listed on the Nigeria Stock Exchange as at 31 December 2019. The data used was for the period of 2010 – 2019 and multiple regression tool was used to analysed the data collected. The findings of this study shows that debt ratio (β= -0.459; p

Suggested Citation

  • James Sunday Kehinde & Sehilat Abike Bolarinwa & Olukayode Ezekiel Ibironke, 2022. "Firm Size, Financial Leverage and Firm Performance: Evidence from Firms Listed in the Non-Financial Sectors of the Nigeria Stock Exchange," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(12), pages 188-195, December.
    • Handle: RePEc:bcp:journl:v:6:y:2022:i:12:p:188-195
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    References listed on IDEAS

    as
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