Nigerian Economic Society
Hi Guest,
Home | Paper Submission | Signup |
      
Providing intellectual leadership in economic management in Nigeria
CAPITAL STRUCTURE, PRODUCTION COST EFFICIENCY AND FINANCIAL PERFORMANCE OF LISTED AGRO-ALLIED FIRMS IN NIGERIA

CAPITAL STRUCTURE, PRODUCTION COST EFFICIENCY AND FINANCIAL PERFORMANCE OF LISTED AGRO-ALLIED FIRMS IN NIGERIA

 

Abstract: The debate on preference among financing options as regards technical efficiency in the corporate world remains inconclusive. Corporate operations are often financed using either debt/equity or both. The association between efficiency and financing options was examined using a 10- year balanced panel of quoted agro-allied firms in Nigeria between 2007 and 2016. The paper employed data envelopment analysis (DEA), stochastic frontier analysis (SFA) and fixed effect regression for its analysis. The impacts of long-term debt, short-term debt and tax liabilities on agro-allied firms’ performance measured by input-oriented technical efficiency and returns on assets were related. Firms’ technical efficiency was found to be positively related to their share capital, tax liabilities, and long-term debts. However, short-term debts had no effect on production efficiency and return on assets.

JEL classification: D24, D20, C10, C80, O40

Price: N500.00 | Add to cart
 

 

 

Login

Forget password? | Signup for Free!
Note: You must signup your email and create a password before you can register as an NES member
 

Latest News

63rd ANNUAL CONFERENCE ANNOUNCEMENT: CALL FOR ABSTRACTS

63rd ANNUAL CONFERENCE ANNOUNCEMENT 26 - 30 September 2022 Venue: Kano, Kano State, Nigeria ...read more


NEW EXECUTIVE COUNCIL OF THE NIGERIAN ECONOMIC SOCIETY

At the end of the Annual General Meeting (AGM) during the 62nd Annual Conference of the Society held...read more


NES 2021 PhD THESIS PRIZE AWARD WINNERS

Winners of the 2021 NES PhD Thesis Award Prize in Economics. 1st Prize - Shitile, Tersoo Shimonka...read more


Vacancy! Vacancy!! Vacancy!!!

The Nigerian Economic Society (NES) is looking for a highly qualified candidate who will fill the fo...read more


2021 Annual Conference Call for Nominations into the New Executive Council of the Nigerian Economic Society (NES)

At the Business Session of the 2021 Annual Conference of the NES which comes up in October 2021 both...read more


NES 2021 PhD THESIS PRIZE AWARD: Call for Submissions

NES PhD THESIS PRIZE AWARD: Call for Submissions The Executive Council of the Nigerian Economic So...read more


E-Mail Subscription

VoguePayVisaMasterCard