Institutional Investors Ownership and Financial Performance: Examining the Nexus in Nigerian Deposit Money Banks

Eluyela, F. D. and Okere, Wisdom and Otekunrin, A. O. and Okoye, John Nonso and Asamu, Festus and Ajetunmobi, Opeyemi (2020) Institutional Investors Ownership and Financial Performance: Examining the Nexus in Nigerian Deposit Money Banks. Research in World Economy, 11 (6). p. 177. ISSN 1923-3981

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Abstract

The main aim of this paper is to examine the impact of institutional investor’s ownership on the financial performance of deposit money banks listed on Nigerian stock exchange (NSE). The time frame for this study is 2011-2018. Data was generated from annual reports of 15 deposit money banks listed on NSE. The result of the panel data methodology shows a positive and significant relationship between institutional investor’s ownership and banks financial performance. The study recommended that management of banks should give more attention to the large institutional shareholders due to their influence on the growth and survival of the company.

Item Type:	Article
Subjects:	H Social Sciences > HM Sociology
Depositing User:	Mr DIGITAL CONTENT CREATOR LMU
Date Deposited:	15 Jul 2021 08:37
Last Modified:	15 Jul 2021 08:37
URI:	https://eprints.lmu.edu.ng/id/eprint/3476

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