Effect Of Accounting Ratios On Organizational Performance In Nigeria (A Study Of Union Bank Plc, 2013 - 2016)
ABSTRACT
This study examines the effect of
accounting ratios on organization performance in Nigeria. For the purpose of
the work, Union Bank of Nigeria Plc was used as a case study. Secondary method
of data collection was used. The data was collected from Union Bank of Nigeria
yearly reports between 2013 and 2016. The financial ratios used for the
evaluation includes: Net Interest Margin (NIM), Cost to Income Ratio (CIR),
Return on Equity (ROE), Return on Assets (ROA), Net Asset Value per share (NA
VS) and Earnings per share (EPS). The t-statistics was used to test f the
ratios did significantly affect Union Bank's performance. The calculated values
were all greater than the tabulated value showing that the variables were
greatly significant. This shows that financial ratios are good indicators in
determining the financial health of any organization. Based on the findings,
the researcher recommends that Union Bank should utilize its assets efficiently
in generating more income, expand its business in order to make more sales and
profits.
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IBE, A (2021). Effect Of Accounting Ratios On Organizational Performance In Nigeria (A Study Of Union Bank Plc, 2013 - 2016). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-accounting-ratios-on-organizational-performance-in-nigeria-a-study-of-union-bank-plc-2013-2016-7-2
ADAUGO, IBE. "Effect Of Accounting Ratios On Organizational Performance In Nigeria (A Study Of Union Bank Plc, 2013 - 2016)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-accounting-ratios-on-organizational-performance-in-nigeria-a-study-of-union-bank-plc-2013-2016-7-2. Accessed 26 Nov. 2024.
ADAUGO, IBE. "Effect Of Accounting Ratios On Organizational Performance In Nigeria (A Study Of Union Bank Plc, 2013 - 2016)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 02 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-accounting-ratios-on-organizational-performance-in-nigeria-a-study-of-union-bank-plc-2013-2016-7-2 >.
ADAUGO, IBE. "Effect Of Accounting Ratios On Organizational Performance In Nigeria (A Study Of Union Bank Plc, 2013 - 2016)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-accounting-ratios-on-organizational-performance-in-nigeria-a-study-of-union-bank-plc-2013-2016-7-2