Effect of CEO Characteristics and Financial Performance of Listed Consumer Goods Firms in Nigeria
Publish place: International Journal of Management, Accounting and Economics (IJMAE)، Vol: 10، Issue: 12
Publish Year: 1402
Type: Journal paper
Language: English
View: 102
This Paper With 17 Page And PDF Format Ready To Download
- Certificate
- I'm the author of the paper
Export:
Document National Code:
JR_IJMAE-10-12_004
Index date: 15 February 2024
Effect of CEO Characteristics and Financial Performance of Listed Consumer Goods Firms in Nigeria abstract
The study examines the effect of chief executive officers (CEO) Characteristics on the financial performance of listed fast moving consumer goods firms in Nigeria from 2013 to 2022. The study used a sample size of thirteen (13). The dependent variable was measured by ROA and ROE. The study engaged a secondary source of data which was obtained from the annual reports of the firms and NEG website. The results from the Driscoll-Kraay robust fixed effect regression analysis proved that CEO financial expertise and tenure have a positive and significant effect on the financial performance of the listed while CEO Political connection has a positive and insignificant effect on financial performance. The study concludes that firms with CEOs who are financial experts outperform firms without expertise in terms of financial performance in listed consumer goods firms in Nigeria. The study recommends among others that the board of the consumer goods firms when hiring CEOs should give significant weight to candidates' financial expertise. The recruitment process should assess the candidates' financial acumen, educational background, and relevant experience.
Effect of CEO Characteristics and Financial Performance of Listed Consumer Goods Firms in Nigeria Keywords:
Effect of CEO Characteristics and Financial Performance of Listed Consumer Goods Firms in Nigeria authors
Mohammed Kauji
Department of Accounting, Ramat Polytechnic, Maiduguri, Nigeria
Shehu Usman
Department of Accounting, Federal University of Kashere, Gombe, Nigeria
Saidu Adamu
Department of Accounting, Federal University of Kashere, Gombe, Nigeria
مراجع و منابع این Paper:
لیست زیر مراجع و منابع استفاده شده در این Paper را نمایش می دهد. این مراجع به صورت کاملا ماشینی و بر اساس هوش مصنوعی استخراج شده اند و لذا ممکن است دارای اشکالاتی باشند که به مرور زمان دقت استخراج این محتوا افزایش می یابد. مراجعی که مقالات مربوط به آنها در سیویلیکا نمایه شده و پیدا شده اند، به خود Paper لینک شده اند :