Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms

Volume: 6 Number: 7 October 1, 2016
  • Nosakhare Peter Osazuwa
  • Ayoib Che Ahmad
  • Noriah Che-adam
EN

Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms

Abstract

The study examines political connection, governance mechanisms and financial performance relationship, drawing from the agency theory. The study employs a quantitative design, employing cross-sectional data from the annual reports of the sampled companies. The results provide evidence of partial support for the agency theory, as gender was positively related to financial performance, while political connection and CEO incentives were negatively related with performance. The finding of the study should interest organisational stakeholders such as auditors shareholders and managers.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Nosakhare Peter Osazuwa This is me

Ayoib Che Ahmad This is me

Noriah Che-adam This is me

Publication Date

October 1, 2016

Submission Date

October 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 7

APA
Osazuwa, N. P., Ahmad, A. C., & Che-adam, N. (2016). Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. International Journal of Economics and Financial Issues, 6(7), 137-142. https://izlik.org/JA95TL66YA
AMA
1.Osazuwa NP, Ahmad AC, Che-adam N. Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. IJEFI. 2016;6(7):137-142. https://izlik.org/JA95TL66YA
Chicago
Osazuwa, Nosakhare Peter, Ayoib Che Ahmad, and Noriah Che-adam. 2016. “Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms”. International Journal of Economics and Financial Issues 6 (7): 137-42. https://izlik.org/JA95TL66YA.
EndNote
Osazuwa NP, Ahmad AC, Che-adam N (October 1, 2016) Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. International Journal of Economics and Financial Issues 6 7 137–142.
IEEE
[1]N. P. Osazuwa, A. C. Ahmad, and N. Che-adam, “Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms”, IJEFI, vol. 6, no. 7, pp. 137–142, Oct. 2016, [Online]. Available: https://izlik.org/JA95TL66YA
ISNAD
Osazuwa, Nosakhare Peter - Ahmad, Ayoib Che - Che-adam, Noriah. “Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms”. International Journal of Economics and Financial Issues 6/7 (October 1, 2016): 137-142. https://izlik.org/JA95TL66YA.
JAMA
1.Osazuwa NP, Ahmad AC, Che-adam N. Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. IJEFI. 2016;6:137–142.
MLA
Osazuwa, Nosakhare Peter, et al. “Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms”. International Journal of Economics and Financial Issues, vol. 6, no. 7, Oct. 2016, pp. 137-42, https://izlik.org/JA95TL66YA.
Vancouver
1.Nosakhare Peter Osazuwa, Ayoib Che Ahmad, Noriah Che-adam. Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. IJEFI [Internet]. 2016 Oct. 1;6(7):137-42. Available from: https://izlik.org/JA95TL66YA