ABSTRACT
The study examined effect of Capital structure and Dividend
policy decision on firm 's performance on Nigeria stock exchange in Nigeria,
having Access Bank Plc as the study area. However, the specflcobjectives
pursued were to; determine the effect of debt financing on the firm 's
performance, examine the effect of equity financing on the firm 's performance,
ascertain the effect of dividend payout ratio on the firm 's performance. The
study adopted ex-post facto research design. Data generated from the annual reports
and accounts ofAccess Bank from 2008 — 2017 were analysed using mu1tip1e
regression analysis. The statistical package for social science (SPSS) version
23 was used to execute the analysis. The result of the analysis provided the
findings that; debt financing has a sign ficant effect on performance of firms
in Nigeria, equity financing has a significant effect on performance offirms in
Nigeria, dividend payout ratio has a signfIcant effect on performance of firms
in Nigeria. Based on the findings made above, the study recommends that firms
(both highly and lowly geared) should take into cognizance the amount of
leverage incurred because it is a major determinant of firm 's performance,
this is obvious in both the highly geared and lowly geared firms, Also, firms
should use more of equity than debt in financing their business activities, in
as much as the value of a business can be enhanced using debt capitals, it gets
to a point that it becomes detrimental to the value of the business.
ALOZIE, C (2021). Effect Of Cpital Structure And Dividend Policy Decision On Financial Performance In Nigeria (A Study Of Access Bank Plc). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-cpital-structure-and-dividend-policy-decision-on-financial-performance-in-nigeria-a-study-of-access-bank-plc-7-2
C, ALOZIE. "Effect Of Cpital Structure And Dividend Policy Decision On Financial Performance In Nigeria (A Study Of Access Bank Plc)" Mouau.afribary.org. Mouau.afribary.org, 03 Nov. 2021, https://repository.mouau.edu.ng/work/view/effect-of-cpital-structure-and-dividend-policy-decision-on-financial-performance-in-nigeria-a-study-of-access-bank-plc-7-2. Accessed 28 Nov. 2024.
C, ALOZIE. "Effect Of Cpital Structure And Dividend Policy Decision On Financial Performance In Nigeria (A Study Of Access Bank Plc)". Mouau.afribary.org, Mouau.afribary.org, 03 Nov. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-cpital-structure-and-dividend-policy-decision-on-financial-performance-in-nigeria-a-study-of-access-bank-plc-7-2 >.
C, ALOZIE. "Effect Of Cpital Structure And Dividend Policy Decision On Financial Performance In Nigeria (A Study Of Access Bank Plc)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-cpital-structure-and-dividend-policy-decision-on-financial-performance-in-nigeria-a-study-of-access-bank-plc-7-2