FINANCIAL PERFORMANCE EVALUATION OF THE NIGERIA DEPOSIT MONEY BANKS (2003-2007): A TIME SERIAL AND CROSS SECTIONAL CASE STUDY OF THREE SELECTED BANKS

CHAPTER ONE INTRODUCTION   1.1   Background of the Study Deposit Money Banks are the backbone of the economy of any country. They are the determinant factors to bring the development of the country; They serve as bridges between savings and investments. Furthermore, deposit money bank are the institutions specifically designed to further the capital formation … Read more

FINANCIAL MOTIVATION AND PRODUCTIVITY IN SELECTED SOFT DRINK INDUSTRIES IN ENUGU NIGERIA

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY The survival of any organization in a period of plenty, scarcity and turbulence depends on multifarious factors of which employee motivation is paramount (Muo, 1999:16). An organization can be seen as an entity and also a process of co-ordinating individual effort to accomplish a common objective. It … Read more

FINANCIAL LIBERALIZATION AND INVESTMENTS IN NIGERIA: A FIRM LEVEL ANALYSIS

CHAPTER ONE INTRODUCTION Background of the Study Financial liberalization can be viewed as a set of operational reforms and policy measures designed to deregulate and transform the financial system and its structure with a view to achieve a liberalized market-oriented system within an appropriate regulatory framework (Johnston and Sundararajan, 1999).  Financial liberalization has been variously … Read more

EVALUATION OF CORPORATE GOVERNANCE IN THE NIGERIAN BANKING INDUSTRY

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The increasing number of high profile corporate failures around the world has sparked off a lot of enquiry as to the reasons why well-established and respected companies failed. Corporate failure today is a global issue. On the international scence we saw the overlaps of large companies like Enron, … Read more

EFFECTS OF OWNERSHIP STRUCTURE ON PERFORMANCE OF NIGERIAN BANKS, 2004 – 2014

CHAPTER ONE INTRODUCTION Background to the Study It is generally accepted that ownership structure is an important component of firm performance (Shleifer and Vishny, 1986). Hence, for decades, researchers have been investigating the effect and value of ownership on firm performance in developed and recently in emerging markets (Srivastava, 2011). According to Zeitun and Tian, … Read more

EFFECTS OF MONEY SUPPLY ON THE NIGERIAN ECONOMY, 1987-2013

CHAPTER ONE           INTRODUCTION 1.1   BACKGROUND TO THE STUDY The Nigerian economy has not fared as well as expected despite its rich human and natural endowments and its claim to be the ‘giant’ of Africa.  When compared with the emerging Asian economies, particularly, Thailand, Malaysia, China, India and Indonesia that were far behind Nigeria in … Read more

EFFECTS OF INFLATION ON INVESTMENT IN NIGERIA, 1987-2011

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY Some recent studies have found cross-country evidence supporting the view that long -term growth is adversely affected by inflation (Kormendi and Meguire 1985; Fischer 1983, 1991, 1993; De Gregorio 1993; Gylfason 1991; Roubini and Sala-i-Martin 1992; Grier and Tullock 1989; Levine and Zervos 1992). Countries (especially in … Read more

EFFECTS OF FOREIGN INVESTMENT INFLOWS ON MACROECONOMIC PERFORMANCE IN NIGERIA (1987-2012)

CHAPTER ONE   INTRODUCTION   BACKGROUND TO THE STUDY Globalization is the process through which economies, societies and cultures relate through trade, transportation and communication. Economic theory clearly points to the tremendous potential advantages of cross-border capital flows.Neoclassical economists support the view that capital flow is beneficial because they create new resources for capital accumulation … Read more

EFFECT OF PUBLIC EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA (1981-2013)

CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY The subject of government involvement in resource allocation stems from the failure of market mechanism to effectively and efficiently perform this task. From the very inception, government is not to be involved in the day-to-day running of an economy as propounded in the doctrine of laizzez-faire by Adam … Read more

DETERMINANTS OF DEMAND FOR MONEY AND ITS STABILITY IN NIGERIA (1991-2014)

  CHAPTER ONE INTRODUCTION 1.1     Background to the Study A sound monetary policy formulation presupposes theoretically coherent and empirically robust model of money demand. To monetary authorities, the stability of the money demand function is necessary for understanding how the formulation and implementation of an effective monetary policy is crucial in offsetting the fluctuations that … Read more

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