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

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

doi:https://doi.org/10.56201/jafm.v9.no9.2023.pg179.199

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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 StructureProperty Plant and EquipmentCurrent AssetsFinancial AssetsIntangible 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.

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

Abstract

Keywords

References

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