Impact Of Dividend Policy On Firms Performance In Nigeria:- Asonye Emmanuel N
Abstract
This paper examines the impact
ofdividendpolicy on firms performance in Nigeria from 1981 — 2018. The
objective ofthe study is to look at the impact ofdividendpolicy onfirms
performance in Nigeria. Secondary data were collected based on the model used
in the research work and unit root test was conducted on the data to test their
stationary, after which we perform co-integration test to analyze the long run
relationship among the variables. The result obtainedfrom our empirical
analysis shows that there is a long run relationship between government
expenditure and economic growth in Nigeria within the period under review. The
study therefore recommend that there is a need to instillfiscal discipline in
government expenditures by initiatingfar reaching '■effective internal control measures and more
proactive economic management coordination and implementation as well as
discouraging all non-productive activities and expenditures in all tiers
ofgovernmentforthwith. < • Keywords: Fiscal Discipline, Government, Nigeria,
Expenditure, Economic Growth, Capital and Recurrent Expenditure.
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MICHAEL, U (2026). Impact Of Dividend Policy On Firms Performance In Nigeria:- Asonye Emmanuel N. Repository.mouau.edu.ng: Retrieved Apr 29, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-dividend-policy-on-firms-performance-in-nigeria-asonye-emmanuel-n-7-2
UNIVERSITY, MICHAEL. "Impact Of Dividend Policy On Firms Performance In Nigeria:- Asonye Emmanuel N" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 28 Apr. 2026, https://repository.mouau.edu.ng/work/view/impact-of-dividend-policy-on-firms-performance-in-nigeria-asonye-emmanuel-n-7-2. Accessed 29 Apr. 2026.
UNIVERSITY, MICHAEL. "Impact Of Dividend Policy On Firms Performance In Nigeria:- Asonye Emmanuel N". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 28 Apr. 2026. Web. 29 Apr. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-dividend-policy-on-firms-performance-in-nigeria-asonye-emmanuel-n-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of Dividend Policy On Firms Performance In Nigeria:- Asonye Emmanuel N" Repository.mouau.edu.ng (2026). Accessed 29 Apr. 2026. https://repository.mouau.edu.ng/work/view/impact-of-dividend-policy-on-firms-performance-in-nigeria-asonye-emmanuel-n-7-2