IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 10 NO. 4 2024
DOI: https://doi.org/10.56201/jafm.v10.no4.2024.pg219.245

---

Financial Management Practices and Profitability of Listed Deposit Money Banks in Nigeria

Sunday, David, Onyeka, Chinwe Miracle, Ugorji, Caroline Nkemdilim

---

Abstract

This paper examined the effect of financial management on profitability of commercial banks in Nigeria. Specifically, the paper examined the effect of equity capital management practices, debt capital management practices and current assets management practices on the return on equity of quoted commercial banks in Nigeria. Also, the study introduced financial leverage as control variable. The study focuses on fourteen (10) quoted commercial banks as of 31

keywords:

Financial management, profitability equity capital management practices, debt capital management practices and current assets management practices

---

References:

Abdelhafid, A., & Elsharif, A. (2019). The Impact of Liquidity Management on Profitability.
Profitability, 6(3), 697-703.

Abdullah, H., &Tursoy, T. (2019). Capital structure and firm performance: evidence of Germany
under IFRS adoption. Review of Managerial Science, 1-20.
Abdullah, H., &Tursoy, T. (2021). Capital structure and firm performance: A panel causality test
(MPRA Paper No. 105871). University Library of Munich, Germany.

Abubakar, A. H., Ado, A. B., Mohamed, M. I., & Mustapha, U. A. (2018). The effect of risk
management committee attributes and board financial knowledge on the financial
performance of listed banks in Nigeria. American International Journal of Business
Management, 1(5), 7-13.

Adeyemi, A. A., & Asaolu, T. (2018). An empirical investigation of the financial reporting
practices and banks’ stability in Nigeria. Kuwait Chapter of Arabian Journal of Business
and Management Review(2), 157-180.

DOWNLOAD PDF

---

Back