Effect Of Indirect Cost On The Financial Performance Of Firms In Nigeria:- Agwu David K

ABSTRACT I, ix ' I The main objective ofthe study is to examine the effect ofindirect cost on thefinancialperformance affirms in Nigeria. This study adopts ex-postfacto research design which involvesthe ascertaining ofthe impact ofpastfactors on the present happening or event and the research work adopts the secondary source ofdata in obtaining all the data neededfor the study. The descriptive statistics is used to summarize the collected data in a clear and understandable way using numerical approach. The multiple regression technique using ordinary leastsquare regression (OLS) method is adopted in investigating the relationship between the dependent and independent variables. In line with the first specific objective which was set to examine the effect of cost ofrent on the profitability oflistedfirms in Nigeria, hypothesis was tested and the result revealed that cost of rent has no significant effect on the profitability oflistedfirms in Nigeria. In conclusion, we can see that cost ofrent has a positive insignificant effect on the profitability oflisted breweryfirms in Nigeria and that salaries & wage has a negative significant effect on the profitability oflisted breweryfirms in Nigeria. Itherefore recommend that listedfirms in Nigeria should incorporate a cost reduction policy that enables cost efficiency and effectiveness these will enhance the profitability ofthefirms.