Effect of Post Covid-19 on Firmâ€™s Specific Attributes and Financial Performance of Quoted Conglomerates Companies in Nigeria

Musa Ahmed Mohammed; Mbatuegwu, David Christopher

Effect of Post Covid-19 on Firm’s Specific Attributes and Financial Performance of Quoted Conglomerates Companies in Nigeria

Musa Ahmed Mohammed * §

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Mbatuegwu, David Christopher

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§ Nigerian College of Accountancy,

Effect of Post Covid-19 on Firm’s Specific Attributes and Financial Performance of Quoted Conglomerates Companies in Nigeria

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Abstract

The development concern Application issues in post-COVID-19 Africa and the planet are wounding through a litany of scholarship scholarships. Many scholars in Africa and the world, in general, are genuinely interested, and indeed sometimes brain-storm, on what needs to be done by a wide variety of scholars, including but not limited to scientists, economists, sociologists, psychologists, theologians, experts, and finance studies. This examined the characteristics and financial performance of the listed conglomerate companies in Nigeria. The research work has adopted a descriptive design to determine the reciprocal relationship between variables. Data were collected mainly from secondary sources via the published annual reports of the sampled companies for the period 2010-2018 they were analyzed using multiple regression techniques after carrying out a series of robustness tests to determine their validity. The results of the study showed that the size of the business had a positive and significant impact on financial performance. On the other hand, leverage negatively, but insignificantly, on financial results. The study indicates that management should maximize the total amount of assets as much as possible, as this is a guarantor of future economic benefits.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Musa Ahmed Mohammed, Mbatuegwu, David Christopher. 2021. "Effect of Post Covid-19 on Firm’s Specific Attributes and Financial Performance of Quoted Conglomerates Companies in Nigeria". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 21 (GJMBR Volume 21 Issue C3).

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GJMBR Volume 21 Issue C3

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification JEL Code: E60

Submission ReceivedJune 7, 2021
Peer Review Double Blind
Handling Editor
Accepted June 30, 2021
Published July 15, 2021

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v1.2

Issue date

July 26, 2021

Language

English

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