Influence of Liquidity and Profitability on Profits Growth of Nigerian Pharmaceutical Firms

Chika, Odukwu Victory; Promise, Eke; U, Igwoba Solomon; Werikum, Egule Victoria

doi:10.35912/gaar.v1i1.1318

Cited by 8 publications

(4 citation statements)

References 7 publications

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“…According to Victory et al (2022), an empirical review looks at the findings, conclusions, and suggestions of renowned academics who have conducted the same or related research project.…”

Section: Empirical Reviewmentioning

confidence: 99%

Assets Investment and Financial Performance of Deposit Money Banks in Nigeria (2016-2021)

Victory,

Promise,

Levi

et al. 2023

JCFMBS

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The study uses a descriptive research approach to survey the association between asset investment and the financial health of BMBs in Nigeria. The study used time series and a secondary approach to estimate how asset investments affected deposit money institutions' financial health in Nigeria. Only six of the twenty-two (22) listed DMBs in Nigeria-United Bank for Africa (UBA), Access Bank, Unity Bank, Fidelity Bank, Eco Bank, and Zenith Bank-made up the study's population. The study was conducted from 2016 to 2021, giving us a thirty-six (36) year period of annual observation of the six DMBs that were chosen. Purposive sampling was utilized to determine the sample size. The study used secondary sources of information. The data analytic method used to ascertain the association between the independent, dependent, and moderating factors was linear regression. The study found a substantial correlation between cash equivalents, intangible assets and DMBs' return on assets in Nigeria. The same is true for property, plant, and equipment and ROA of DMBs in Nigeria. The link between asset investment and financial health of DMBs (DMBs) in Nigeria is significantly moderated by company size, which is the last factor to be discussed. Thus, the study came to the conclusion that there is a substantial correlation between asset investment and BMB financial health in Nigeria. The researchers therefore recommended that the Nigerian Central Bank ensure adequate monitoring and evaluation of banks with respect to the stipulated maximum amount a bank can invest in intangible assets, property, plant, and equipment.

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“…According to Victory et al (2022), an empirical review looks at the findings, conclusions, and suggestions of renowned academics who have conducted the same or related research project.…”

Section: Empirical Reviewmentioning

confidence: 99%

Assets Investment and Financial Performance of Deposit Money Banks in Nigeria (2016-2021)

Victory,

Promise,

Levi

et al. 2023

JCFMBS

View full text Add to dashboard Cite

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“…In the view of Chika, Promise, and Werikum (2022), empirical review seeks to investigate the methods, results, conclusions, and recommendations of eminent researchers on same or similar research study. In this study, researchers highlighted some of the previous studies that are comparable with the present study.…”

Section: Empirical Reviewmentioning

confidence: 99%

Impact of Cyber-Security on Fraud Prevention in Nigerian Commercial Banks

Victory

Promise²,

Mike³

2022

Jakman

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Purpose: The purpose of this research was to investigate the impact of cyber-security on fraud prevention in Nigerian commercial banks. Method: The researcher collected primary data through the interview (WhatsApp video call) conducted with the senior employees of the respective commercial banks who know the subject matter. Result: The outcomes of the research demonstrated that cloud security statistically increases fraud prevention in Nigeria; also, that application security statistically increases fraud prevention in Nigeria. Contributions: it was suggested that Nigerian financial industry should be able to effectively detect fraudulent transactions and prevent them from causing financial or reputational damage to the customers or other financial institutions (FI), also, there should be a special awareness program to educate the public on how to always use strong passwords for their devices to prevent hacking, loss of money, or other resources. Novelties: The variables adopted in this study as well as the sample size, results, and recommendations have not been used by eminent scholars in this manner. Limitations: the results of this study would be limited to commercial banks in Nigeria, and therefore may not apply to other sectors of the economy. Similar studies were suggested to be carried out, covering other sectors of the economy to validate these results. Keywords: 1. Cyber Security 2. Cloud Security 3. Application Security 4. Fraud Prevention 5. Commercial Banks

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“…A company's performance can be understood through its financial performance, which makes it possible to determine the company's ability to generate profits, which is reflected in its profitability (Fajaryani & Suryani, 2018). Return on assets is a fundamental profitability statistic that gauges a company's profit and demonstrates the company's capacity to create profits before adopting debt (Chika, Promise, & Werikum, 2022). The company's performance in the financial sector is important in supporting its goals, especially in State-Owned Enterprises (SOEs), especially in the infrastructure sector.…”

Section: Introductionmentioning

confidence: 99%

Impact of intellectual capital on financial performance with company size moderation

Suhadi

2024

Intenational. J. financial account. management

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Purpose: This study aims to determine the effect of intellectual capital and company size on financial performance and the moderating role of company size on intellectual capital on the financial performance of state-owned companies in the infrastructure sector for the 2017-2022 period. Research methodology: This type of research is quantitative research that uses descriptive static methods, classical assumption tests, and hypothesis tests. In total, 42 samples were included in the study. Results: The results show that Intellectual capital has a significant positive effect on financial performance, while company size has a significant negative effect on financial performance. The company size in this study was not able to moderate intellectual capital to financial performance. Limitations: This study only used data from the IDX for 2017-2022 which allows data not to be obtained in detail. The sample in this study uses only infrastructure sector companies that use rupiah currency. Contribution: This study reveals that intellectual capital has a positive and significant effect on financial performance, whereas company size does not moderate this relationship, providing important insights for the management of intellectual capital and strategy for state-owned companies in the infrastructure sector. Novelty: Company size is used as a moderating variable because it is thought to be able to support the company's operational activities in supporting the management of its resources.

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Influence of Liquidity and Profitability on Profits Growth of Nigerian Pharmaceutical Firms

Cited by 8 publications

References 7 publications

Assets Investment and Financial Performance of Deposit Money Banks in Nigeria (2016-2021)

Assets Investment and Financial Performance of Deposit Money Banks in Nigeria (2016-2021)

Impact of Cyber-Security on Fraud Prevention in Nigerian Commercial Banks

Impact of intellectual capital on financial performance with company size moderation

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