ABSTRACT
The study examined the influence
of debt financing options on financial performance of manufacturing firms in
Nigeria. The study specifically examined the effect of; short-term debt, long-term debt
and debt
financing on financial performance of microfinance institutions in Abia State,
Nigeria. Data for the study were sourced through the use of annual reports
of the sampled micro finance banks. The collected data were analysed using
multiple regression analysis. Result of the analysis revealed that Short-term debt has significant effect on financial performance of
microfinance institutions in Abia State, Nigeria. Long-term debt has significant effect on financial performance of
microfinance institutions in Abia State, Nigeria. It was also
observed that high interest costs, adverse credit rating and Cash flow
difficulties are challenges
of debt financing facing microfinance institutions in Abia State, Nigeria.
based on the findings, the researcher recommended that there is need to
establish the external debt structure modification, the borrowing decision and
planning in order to raise the funds, government policy should maintain
according to debt management goals. As we know that the financial performance
is dependent on investments in form of increasing assets for the new generation
of Nigerian because from our study the hypothesis is proved, and it is creating
value in the financial performance ultimately in economic development.
CHIOMA, J (2024). Effect Of Debt Financing Options On Financial Performance Of Manufacturing Firms In Nigeria:-Ogbonna, Chioma J.. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-debt-financing-options-on-financial-performance-of-manufacturing-firms-in-nigeria-ogbonna-chioma-j-7-2
JOY, CHIOMA. "Effect Of Debt Financing Options On Financial Performance Of Manufacturing Firms In Nigeria:-Ogbonna, Chioma J." Mouau.afribary.org. Mouau.afribary.org, 07 Mar. 2024, https://repository.mouau.edu.ng/work/view/effect-of-debt-financing-options-on-financial-performance-of-manufacturing-firms-in-nigeria-ogbonna-chioma-j-7-2. Accessed 31 Oct. 2024.
JOY, CHIOMA. "Effect Of Debt Financing Options On Financial Performance Of Manufacturing Firms In Nigeria:-Ogbonna, Chioma J.". Mouau.afribary.org, Mouau.afribary.org, 07 Mar. 2024. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-debt-financing-options-on-financial-performance-of-manufacturing-firms-in-nigeria-ogbonna-chioma-j-7-2 >.
JOY, CHIOMA. "Effect Of Debt Financing Options On Financial Performance Of Manufacturing Firms In Nigeria:-Ogbonna, Chioma J." Mouau.afribary.org (2024). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-debt-financing-options-on-financial-performance-of-manufacturing-firms-in-nigeria-ogbonna-chioma-j-7-2