Capital Structure and Value of a Firm in Nigeria

Capital Structure and Value of a Firm in Nigeria

Author by Dr. Samuel Olaoye

Journal/Publisher: American Based Research Journal

Volume/Edition: 8

Language: English

Pages: 1 - 8

Abstract

This study investigates the capital structure and value of quoted manufacturing firms in Nigeria. Secondary data was obtained from the Factbook published by the Nigerian Stock Exchange (NSE) and financial statements of the investigated companies from 2008-2014. A panel regression model was employed to analyze the data. The results showed a significant and positive relationship between capital structure and market price per share of Nigerian quoted manufacturing firms.


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