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

Nosakhare Peter Osazuwa; Ayoib Che Ahmad; Noriah Che-adam

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

Year 2016, Volume: 6 Issue: 7, 137 - 142, 01.10.2016

Nosakhare Peter Osazuwa Ayoib Che Ahmad Noriah Che-adam

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

Accounting, Political connection, Board, CEO incentives, Financial performance, Nigeria.

Year 2016, Volume: 6 Issue: 7, 137 - 142, 01.10.2016

Nosakhare Peter Osazuwa Ayoib Che Ahmad Noriah Che-adam

Abstract

There are 0 citations in total.

Details

Other ID	JA72MY26HM
Journal Section	Research Article
Authors	Nosakhare Peter Osazuwa This is me Ayoib Che Ahmad This is me Noriah Che-adam This is me
Publication Date	October 1, 2016
Published in Issue	Year 2016 Volume: 6 Issue: 7

Cite

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.
AMA	Osazuwa NP, Ahmad AC, Che-adam N. Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms. IJEFI. October 2016;6(7):137-142.
Chicago	Osazuwa, Nosakhare Peter, Ayoib Che Ahmad, and Noriah Che-adam. “Financial Performance in Nigerian Quoted Companies: The Influence of Political Connection and Governance Mechanisms”. International Journal of Economics and Financial Issues 6, no. 7 (October 2016): 137-42.
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	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, 2016.
ISNAD	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 6/7 (October 2016), 137-142.
JAMA	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, 2016, pp. 137-42.
Vancouver	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):137-42.