IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v4y2020i7p267-269.html
   My bibliography  Save this article

Equity Financing and Firm Value in Nigeria

Author

Listed:
  • Auwalu Sani Ibrahim

    (Department of Management Science, Kano State College of Education and Preliminary Studies)

  • Hadiza Sabo

    (Department of Management Science, Kano State College of Education and Preliminary Studies)

  • Sunusi Kabiru

    (Department of Management Science, Kano State College of Education and Preliminary Studies)

  • Sharafuddeen Ibrahim Abubakar

    (Department of Management Science, Kano State College of Education and Preliminary Studies)

Abstract

This study investigates the influence of equity financing on firm value in Nigeria using panel analysis technique for 12 listed industrial goods enterprises from 2006 to 2016. The estimate reveals that equity finance reduce the capacity of firm value in Nigeria. It is also discovered that the firm size and growth have negative influence on the value of frim. Hence, the study suggests that managers should design appropriate management skills to come up with the efficient capital mix in financing firm business. This could be through taking into consideration of various theoretical application and the weakened nature of the economy in the best combination of capital for viable business operation.

Suggested Citation

  • Auwalu Sani Ibrahim & Hadiza Sabo & Sunusi Kabiru & Sharafuddeen Ibrahim Abubakar, 2020. "Equity Financing and Firm Value in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(7), pages 267-269, July.
  • Handle: RePEc:bcp:journl:v:4:y:2020:i:7:p:267-269
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-4-issue-7/267-269.pdf
    Download Restriction: no

    File URL: https://www.rsisinternational.org/virtual-library/papers/equity-financing-and-firm-value-in-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kodongo, Odongo & Mokoaleli-Mokoteli, Thabang & Maina, Leonard, 2014. "Capital structure, profitability and firm value: panel evidence of listed firms in Kenya," MPRA Paper 57116, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chaleeda & Md. Aminul Islam & Tunku Salha Tunku Ahmad & Anas Najeeb Mosa Ghazalat, 2019. "The Effects of Corporate Financing Decisions on Firm Value in Bursa Malaysia," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(3), pages 127-135, March.
    2. Tarek Eldomiaty & Islam Azzam & Karim Tarek Hamed Afifi & Mohamed Hashim Rashwan, 2024. "An Alignment of Financial Signaling and Stock Return Synchronicity," JRFM, MDPI, vol. 17(4), pages 1-12, April.
    3. Allan Okwenda Asola, 2024. "Capital Structure and Financial Performance of Insurance companies listed at Nairobi Securities Exchange," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(1), pages 760-778, January.
    4. Jay Desai & Rajesh Desai, 2019. "Capital Structure As Determinant Of Financial Performance: Review Of Literature," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 8(4), pages 133-148.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:4:y:2020:i:7:p:267-269. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.