ABSTRACT
This
study examined the impact ofownership structure on value creation in Nigeria
banks. The study used ex-post facto research design and panel data covering
five-year period from 2014- 2018 for ten (10) banks listed on the Nigerian
stock exchange. The Fixed effects model was applied to evaluate the impact of
ownership structure on value creation in the Nigeria banks. The econometric
estimate showed that Directors ’ ownership has negative and significant impact
on shareholders' fund ofNigerian Banks. Secondly, institutional ownership has
positive and significant effect on shareholders' fund ofNigerian Banks. Lastly,
foreign ownership has no significant influence on shareholders' fund ofNigerian
Banks. Conclusively, the fixed effect econometric estimator employed in this
study indicates that ownership structure has significant impact on shareholders
' fund of Nigerian banks. Therefore, the study recommends among other things
that more institutions should be encourage to invest in Nigerian banks. Again,
banks should ensure that they utilize foreign investments to improve value
creation for the shareholders. Finally, the study recommends that further
research be conducted to investigate how executive and non - executive
directors' ownership affects the shareholders' fund.
OGBUA, C (2024). Impact of ownership structure on value creation in Nigeria Banks:- Ogbua Stella C. Mouau.afribary.org: Retrieved Sep 08, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-ownership-structure-on-value-creation-in-nigeria-banks-ogbua-stella-c-7-2
CHEDINMA, OGBUA. "Impact of ownership structure on value creation in Nigeria Banks:- Ogbua Stella C" Mouau.afribary.org. Mouau.afribary.org, 26 Jul. 2024, https://repository.mouau.edu.ng/work/view/impact-of-ownership-structure-on-value-creation-in-nigeria-banks-ogbua-stella-c-7-2. Accessed 08 Sep. 2024.
CHEDINMA, OGBUA. "Impact of ownership structure on value creation in Nigeria Banks:- Ogbua Stella C". Mouau.afribary.org, Mouau.afribary.org, 26 Jul. 2024. Web. 08 Sep. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-ownership-structure-on-value-creation-in-nigeria-banks-ogbua-stella-c-7-2 >.
CHEDINMA, OGBUA. "Impact of ownership structure on value creation in Nigeria Banks:- Ogbua Stella C" Mouau.afribary.org (2024). Accessed 08 Sep. 2024. https://repository.mouau.edu.ng/work/view/impact-of-ownership-structure-on-value-creation-in-nigeria-banks-ogbua-stella-c-7-2