ABSTRACT
The aim of this topic "The impact of
Financial Leverage on the Performance of Manufacturing Firm in Nigeria", A
case study of Nestle Nigeria PLC over the period of (2000-2008) is to
investigate the impact of financial leverage on the performance of
manufacturing firm in Nigeria. In addressing our mind to this the introduction
part of this paper described what will constitute a firm's financial leverage
in the context of the paper. It also mentioned that there is an identifiable
relationship that exist between the nature and volume of Irm financial leverage
and its performance (earning per share). On testing the hypothesis, (we found
that there is statistical significant relationship 'between optimal level of
financial leverage and performance of manufficturing firms.Also that there is
no significant relationship between optimaI"financial leverage,
shareholders return and risk. Data were collected from the annual financial
reports of Nestle Nigeria PLC for nine years (2000-2008) and multiple
regression analysis was used to, analyse. The result was tested using
correlation - coefficient test. Finally based on the analysis and findings it
is recommended that Nigeria manufacturing firms should be encourage with
incentive to enable them use a reasonable proportion of debt capital and should
not limit themselves to any particular capital structure in planning their
capital structure. It is also recommended that the financial manger should consider
those other factors that might influence their performance e in planning their
business.
EDEOGA, O (2021). The Impact Of Financial Leverage On Performance Of Manufacturing Firms In Nigeria (A Case Study Of Nestle Nigeria Plc). Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/the-impact-of-financial-leverage-on-performance-of-manufacturing-firms-in-nigeria-a-case-study-of-nestle-nigeria-plc-7-2
OGECHI, EDEOGA. "The Impact Of Financial Leverage On Performance Of Manufacturing Firms In Nigeria (A Case Study Of Nestle Nigeria Plc)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 05 Jul. 2021, https://repository.mouau.edu.ng/work/view/the-impact-of-financial-leverage-on-performance-of-manufacturing-firms-in-nigeria-a-case-study-of-nestle-nigeria-plc-7-2. Accessed 23 Dec. 2024.
OGECHI, EDEOGA. "The Impact Of Financial Leverage On Performance Of Manufacturing Firms In Nigeria (A Case Study Of Nestle Nigeria Plc)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 05 Jul. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/the-impact-of-financial-leverage-on-performance-of-manufacturing-firms-in-nigeria-a-case-study-of-nestle-nigeria-plc-7-2 >.
OGECHI, EDEOGA. "The Impact Of Financial Leverage On Performance Of Manufacturing Firms In Nigeria (A Case Study Of Nestle Nigeria Plc)" Repository.mouau.edu.ng (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/the-impact-of-financial-leverage-on-performance-of-manufacturing-firms-in-nigeria-a-case-study-of-nestle-nigeria-plc-7-2