ABSTRACT
In this study, investigations were made on how
Deposit Money Bank Investment and Lending Operation between 1995 to 2007 in
emerging Financial Market in Nigeria influence firm's investment behaviour, the
key determinant of firm's productivity. The empirical results shows that firms
lending are less sensitive to those firm's profitability and tangibility.
Secondly, political connection is a violated factor in Deposit Money Bank investment
and lending operations. Consequently, this study finds out that low growth
firms invest less efficiently than high growth firm. Moreover, the negative
relation between firm's investment efficiency and Deposit Money Bank Lending is
stronger for State Owned Enterprises and low growth firm. In summary, soft
lending by deposit money bank, destroy economic growth because of misallocation
of loans among firms and also because of inadequate operation to monitor firms'
project selection.
AGU, M (2021). Appraisal Of Deposit Money Banks Investment And Lending Operations In Nigeria (1995-2007). Mouau.afribary.org: Retrieved Nov 18, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-deposit-money-banks-investment-and-lending-operations-in-nigeria-1995-2007-7-2
MARTINS, AGU. "Appraisal Of Deposit Money Banks Investment And Lending Operations In Nigeria (1995-2007)" Mouau.afribary.org. Mouau.afribary.org, 05 Jul. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-deposit-money-banks-investment-and-lending-operations-in-nigeria-1995-2007-7-2. Accessed 18 Nov. 2024.
MARTINS, AGU. "Appraisal Of Deposit Money Banks Investment And Lending Operations In Nigeria (1995-2007)". Mouau.afribary.org, Mouau.afribary.org, 05 Jul. 2021. Web. 18 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-deposit-money-banks-investment-and-lending-operations-in-nigeria-1995-2007-7-2 >.
MARTINS, AGU. "Appraisal Of Deposit Money Banks Investment And Lending Operations In Nigeria (1995-2007)" Mouau.afribary.org (2021). Accessed 18 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-deposit-money-banks-investment-and-lending-operations-in-nigeria-1995-2007-7-2