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This study examines the impact credit risk management has on the profitability of commercial banks in Nigeria

Author

Listed:
  • Kareem Abidemi Arikewuyo

    (Department of Business Administration, Faculty of Social and Management Sciences, Southwestern University, Okun-Owa, Nigeria)

  • Akeem Adekunle Adeyemi

    (Faculty of Administration and Management Sciences, Olabisi Onabanjo University, Ago-Iwoye, Nigeria)

  • Eunice Titilayo Omodara

    (Department of Banking and Finance, Faculty of Administration and Management Sciences Olabisi Onabanjo University, Ago-Iwoye, Nigeria)

  • Lateef Adewale Yunusa

    (Department of Banking and Finance, Faculty of Administration and Management Sciences Olabisi Onabanjo University, Ago-Iwoye, Nigeria)

Abstract

Prior studies have adduced unstable macroeconomic factors to stock price movement overtime but the relationship between the duo remained unsettled. Autoregressive Distributed Lag (ARDL) technique was used to reconcile the macroeconomic determinants with performance of stock markets in selected Sub-Saharan Africa (SSA) covering the period of 1999:1–2017:4. It was found that macroeconomic indicators were essential in determining stock market performance in Nigeria while South African stock market did not show any predictable linkage but the contemporaneous effect of oil price changes on stock market performance in selected SSA. The study, therefore, recommended that countries in SSA should reduce overdependence on oil to minimize external influence in order to promote stability of the stock markets.

Suggested Citation

  • Kareem Abidemi Arikewuyo & Akeem Adekunle Adeyemi & Eunice Titilayo Omodara & Lateef Adewale Yunusa, 2020. "This study examines the impact credit risk management has on the profitability of commercial banks in Nigeria," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 1(13), pages 23-39, June.
    • Handle: RePEc:sgm:jbfeuw:v:1:y:2020:i:13:p:23-39
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    More about this item

    Keywords

    Macroeconomic Determinants; Stock Market Performance; External Shock; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • G1 - Financial Economics - - General Financial Markets
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

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