Dividend Policy and Corporate Performance: A Multiple Model Analysis

Turakpe, Morrison Jostus; Fiiwe, James Leekaaga

doi:10.2139/ssrn.2947308

Cited by 6 publications

(5 citation statements)

References 6 publications

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“…Valentin (2014), puts it as the efficiency with which a firm uses its resources in generating revenues. In the view of Turakpe & Fiiwe, (2017), the notable measures of financial performance in companies are ROA, ROE and net margin on sales. The return on equity (ROE) according Monteiro (2016) is perhaps the most important ratio an investor should consider.…”

mentioning

confidence: 99%

Dividend Policy and Corporate Financial Performance: Evidence from Selected Listed Consumer Goods Firms in Nigeria

Ugwu¹,

Onyeka²,

Okwa³

2020

jeb

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mentioning

confidence: 99%

Dividend Policy and Corporate Financial Performance: Evidence from Selected Listed Consumer Goods Firms in Nigeria

Ugwu¹,

Onyeka²,

Okwa³

2020

jeb

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“…According to Turakpe and Legaage (2017), the choice between these alternatives depends Financial performance is defined as a company's ability to achieve planned outcomes compared to projected outputs, encompassing metrics related to shareholder return, market performance, and financial results (Sheikh & Khursheed, 2016). Hoang (2018) characterizes financial performance as the capacity to operate efficiently, profitably, sustainably, and to adapt to environmental opportunities and threats.…”

Section: Theoretical Reviewmentioning

confidence: 99%

“…The choice of performance measurement depends on the information integrated into the measurement system and the instruments utilized. Classical indicators such as ROI, leverage, ROE, operating expenses ratio, and assets turnover have traditionally been used in financial analysis to gauge performance (Turakpe and Legaage, 2017).…”

Section: Theoretical Reviewmentioning

confidence: 99%

Executive Compensation and Financial Performance of Listed Banks in Nigeria: Moderating Role of Human Capital

Zik-Rullahi,

Onmonya,

Uthman

et al. 2024

J. of Law and Sust. Develop.

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Objective: The study is on the role of human capital on the relationship between executive compensation and financial performance of banks in Nigeria from 2008 to 2022. The work studies the moderating role of human capital on the relationship between executive compensation and financial performance of listed banks in Nigeria. Method: In establishing the relationship, correlational research design was employed. The research encompasses listed banks in Nigerian for the period of study. Utilizing secondary data from annual reports and accounts, a panel regression was employed to test the hypotheses. The study was supported by pay-performance theory on the financial performance measure as NIM. Results: The findings reveal that highest paid director have a negative and significant relationship with financial performance of banks in Nigeria. In the same vein, the study establishes a positive relationship between total compensation and financial performance. However, human capital moderates the relationship between total compensation and financial performance of banks in Nigeria negatively. Conclusion: The study's findings yield recommendations for enhancing financial performance of Nigerian banks. There is need for control on executive compensation of banks as these are vital to the financial performance of banks in Nigeria.

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“…Empirically, studies such as Chira (2013), John (2014), Turakpe and Legaaga (2017) and Mamaro and Tjano (2019) reported a positive and significant relationship between return on assets and dividend payout ratio in different industries and countries. This means that increase in the value of return on assets increases the amount of dividend payout.…”

Section: Return On Assets and Dividend Payout Ratiomentioning

confidence: 99%