Firm Size–Profitability Nexus: An Empirical Evidence from Nigerian Listed Financial Firms (Record no. 53215)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01837nam a2200217 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20191213133049.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 191213b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Bolarinwa, Segun Thompson |
| 9 (RLIN) | 35354 |
| 245 ## - TITLE STATEMENT | |
| Title | Firm Size–Profitability Nexus: An Empirical Evidence from Nigerian Listed Financial Firms |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1109-1121 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Studies on the nexus between size and profitability occupy a substantial portion of empirical economic literature; however, the existing literature tilt much in favour of non-financial firms with little attention towards the financial sector, especially in the context of developing countries, most especially, Nigeria. This study examines the causality between size and profitability among 45 financial listed firms in Nigeria using the innovative and recently developed panel vector autoregressive (PVAR) and two-step system generalized method of moments (GMM) in order to resolve the inherent problems of endogeneity and persistence. The results emanating from the study show that there exists a bidirectional causal relationship between size and profitability in the Nigerian financial industry; hence, past profitability has brought about the present size level and past size of the industry has led also to the present profitability level. Consequently, firm size is a strong policy option for corporate managers in the Nigerian financial industry for achieving optimal profitability and vice versa. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | financial industry, |
| Uncontrolled term | recapitalization |
| Uncontrolled term | panel vector autoregressive |
| Uncontrolled term | system GMM, |
| Uncontrolled term | Nigeria |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Obembe, Olufemi Bodunde |
| 9 (RLIN) | 35355 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29349 |
| Host Itemnumber | 77622 |
| Main entry heading | BANIK, ARINDAM |
| Place, publisher, and date of publication | NEW DELHI SAGE PUBLISHING PVT. LTD. |
| Other item identifier | 55511230 |
| Title | GLOBAL BUSINESS REVIEW |
| International Standard Serial Number | 0972-1509 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 13/12/2019 | Vol 20, No 5/ 55511230JA1 | 55511230JA1 | 13/12/2019 | 13/12/2019 |