Impact Of Shareholders Value Creation On The Performance Of The Nigerian Banking Industry:- Ojike, Christian I

ABSTRACT

The study investigated the impact of shareholders' value creation on performance of the Nigeria banking industry. The study was carried out for the period 1997 to 2016 and multiple regression analysis was used for data analysis. Return on assets (ROA) was used to measure bank performance. Based on the results, it was found that shareholders’ value has a negative and significant impact on bank performance in Nigeria. Stock market ratio had a negative and in insignificant impact on bank performance while the impact of leverage ratio was found to be insignificant. Hence, the need to monitor overall banking operations, protecting the assets of the firm, and holding executive directors and managers accountable to the firms’ key stakeholders to ensure the survival, sustainability, and growth of Nigerian banks was recommended.