IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2024i3p46-54.html
   My bibliography  Save this article

Assets and Liabilities Management: A Determinant of Financial Performance of Pension Funds Administrators (PFAs)

Author

Listed:
  • Moses Tunde Oyerinde

    (University of Lagos, Lagos-Nigeria)

  • Folake Feyisayo Olowokudejo

    (University of Lagos, Lagos-Nigeria)

  • Musa Adebayo Obalola

    (University of Lagos, Lagos-Nigeria)

Abstract

The financial performance of pension fund administrators is greatly influenced by their ability to effectively manage assets and liabilities. Therefore, this study aims to investigate asset and liability management on financial performance, focusing on the relationship between Asset Liability Management and the profitability of Pension Funds Administration (PFA) in Nigeria. The research utilized a convenience sampling method and collected data from secondary sources (e-view). The research design adopted was Expost factor, and the cross-sectional data was sourced from 12-PFA companies, covering the years 2010-2021. Descriptive analysis and inferential statistics, including stationarity tests and correlation analysis, were conducted to assess the suitability of the data. Additionally, Hausman's zest was performed to validate the hypothesis. The findings indicate that the variables adequately represent and demonstrate the relationship between asset liability management and the profitability of pension fund companies. Thus, this paper provides empirical evidence that the effects of asset and liability management have an overall impact on the financial performance of Pension fund administration in Nigeria.

Suggested Citation

  • Moses Tunde Oyerinde & Folake Feyisayo Olowokudejo & Musa Adebayo Obalola, 2024. "Assets and Liabilities Management: A Determinant of Financial Performance of Pension Funds Administrators (PFAs)," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 46-54.
    • Handle: RePEc:ddj:fseeai:y:2024:i:3:p:46-54
    DOI: https://doi.org/10.35219/eai15840409429
    as

    Download full text from publisher

    File URL: http://eia.feaa.ugal.ro/images/eia/2024_3/Oyerinde_et_al.pdf
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.35219/eai15840409429?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:ddj:fseeai:y:2024:i:3:p:46-54. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    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.