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Ownership Structure and Firm Value of Industrial Goods Companies in Nigeria: Moderated by Audit Quality

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  • Rilwan Shehu Imam

    (Nigerian Defense Academy Kaduna, Nigeria)

  • Marvis Irom Irom

    (Nigerian Defense Academy Kaduna, Nigeria)

Abstract

The motive behind establishing businesses is to create value for the owners and stakeholders. This involve striving to add value to immediate surrounding, customers and society as a whole by creating valuable products and services with the hope that it will lead to a positive leap-back loop, where increase value for customers and society lead to increase value for the firm itself. Firm value is an important measure of a firm’s success and its survivability in the market place, reflecting its ability to generate wealth for its shareholders over time. For industrial goods firms, this standard takes on particular significance due to the sector’s role in manufacturing, production and distribution of goods. Understanding the factors that influence firm value within this sector is paramount for stakeholders, including investors, managers and policymakers seeking to optimize performance and enhance economic growth.

Suggested Citation

  • Rilwan Shehu Imam & Marvis Irom Irom, 2024. "Ownership Structure and Firm Value of Industrial Goods Companies in Nigeria: Moderated by Audit Quality," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 2826-2837, July.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:7:p:2826-2837
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    References listed on IDEAS

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