IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF FINANCE AND INVESTMENT RESEARCH (WJFIR )

E-ISSN 2550-7125
P-ISSN 2682-5902
VOL. 9 NO. 1 2025
DOI: 10.56201/wjfir.v9.no1.2025.pg67.79

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Effect of Risk Review on the Performance of Manufacturing Companies in North-Central Nigeria

Agbaeze, Clifford Chilasa, E. A. Adegun, Chukwu Peter Damian Ezechi, Ph.D

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Abstract

This article is carried out to ascertain the effect of Risk Review on the performance of Manufacturing companies in North-Central Nigeria. Risk review was used as the independent variable while performance of selected manufacturing companies was employed as the dependent variable. Survey research methodology was adopted, correlation and Anova were used as estimation techniques to ascertain the relationship between the dependent and independent variable. Findings from the study revealed that risk review has positive and significant effect on the performance of selected manufacturing companies in North-central Nigeria. This means that an increase in the organization’s risk review will lead to an increase in its performance. Hence, the study recommends that; setting up strong measures to review risk and performance of risk mitigating factors, pursuing improvement in enterprise risk management in the organization by updating the various components, assessing substantial changes in the organization as a result of risk assessment and reviewing risk policies and strategies to fit in the current status of risk management should be a common practice to the organizations.

keywords:

Risk review, performance, manufacturing companies, North-central, Nigeria, risk

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