ATTENTION

BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420

WHATSAPP US ON  08137701720

BOARD CHARACTERISTICS, OWNERSHIP STRUCTURE AND FIRM VALUE OF LISTED PETROLEUM FIRMS IN NIGERIA

ABSTRACT

This research work studied the relationship between board characteristics, ownership structure and the firm value of listed petroleum firms in Nigeria. From a population of fifteen firms, the study used six listed petroleum firms that had consistently published their annual audited financial reports from 2008 to 2015.The data was analyzed using the robust pooled-OLS multiple regression technique in view of the absence of panel effect in the data as confirmed by the result of Breusch Pagan Lagrangian Multiplier test. The results of the robust pooled-OLS regression analysis revealed that board independence, board size as well as managerial shareholding had a negative but significant relationship with firm value. In the case of board gender diversity, it was discovered that the inclusion of females on the board of petroleum firms in Nigeria had a positive and significant relationship with firm value.While ownership concentration has an insignificant relationship on firm value. In view of the findings, the study recommended an optimal board size of nine directors, beyond which an additional board member will create added costs greater than the benefit derivable from the added board member. Also, not less than two femalesare recommended on the boards of listed petroleum firms in Nigeria to improve firm value. In addition, concentrated shareholding should be encouraged at the level of 19%, but should not be above 74% of the firm‟s shareholding, while a large managerial ownership structure should be moderated to about 37% to reduce the abuse of shareholders resources.

HOW TO RECEIVE PROJECT MATERIAL(S)

After paying the appropriate amount (#5,000) into our bank Account below, send the following information to

08068231953 or 08168759420

(1)    Your project topics

(2)     Email Address

(3)     Payment Name

(4)    Teller Number

We will send your material(s) after we receive bank alert

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

OR

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 3139283609

Bank: FIRST BANK

FOR MORE INFORMATION, CALL:

08068231953 or 08168759420

AFFILIATE LINKS:

myeasyproject.com.ng

easyprojectmaterials.com

easyprojectmaterials.net.ng

easyprojectsmaterials.net.ng

easyprojectsmaterial.net.ng

easyprojectmaterial.net.ng

projectmaterials.com.ng

googleprojectsng.blogspot.com

myprojectsng.blogspot.com.ng

https://projectmaterialsng.blogspot.com.ng/
https://foreasyprojectmaterials.blogspot.com.ng/
https://mypostumes.blogspot.com.ng/
https://myeasymaterials.blogspot.com.ng/
https://eazyprojectsmaterial.blogspot.com.ng/
https://easzprojectmaterial.blogspot.com.ng/

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *