IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 9 NO. 9 2023
DOI: https://doi.org/10.56201/jafm.v9.no9.2023.pg179.199

---

Effect of Asset Structure on the Performance of Oil and Gas Firms in Nigeria

Manafa, Chinyere Joan, Nduokafor, Christian Ogochukwu, Sunday, David

---

Abstract

The study examined the effect of assets structure on the performance of oil and gas firms in Nigeria. The study adopted Ex-post facto research design. The population of this study consists of the whole 18 listed deposit money banks in Nigeria Exchange Limited as at 31st December, 2021. The study used 9 selected oil and gas firms as sample size. The study used secondary data, secondary data used were collected from annual financial reports of the sampled oil and gas firms for ten years period spanning from 2012-2021. Multiple Linear regression model was developed

keywords:

Asset Structure, Property Plant and Equipment, Current Assets, Financial Assets, Intangible Assets and Return on Asset

---

References:

Andonova, V., & Ruíz-Pava, G. (2016). The role of industry factors and intangible assets in
company performance in Colombia. Journal of Business Research, 69(10), 4377-4384.
Aggarwal, D. and Padhan, P.C. (2017) Impact of Capital Structure on Firm Value: Evidence
from Indian Hospitality Industry. Theoretical Economics Letters, 7, 982-1000.
https://doi.org/10.4236/tel.2017.74067
Antwi S, Atta Mills E.F and Xicang Zhao, (2012). Capital Structure and Firm Value: Empirical
Evidence from Ghana; International Journal of Business and Social Science Vol. 3 No.
22.

DOWNLOAD PDF

---

Back