THE EFFECT OF MANAGERIAL PERFORMANCE ON SHAREHOLDERS’ WEALTH MAXIMIZATION OF CONGLOMERATE FIRMS IN NIGERIA
THE EFFECT OF MANAGERIAL PERFORMANCE ON SHAREHOLDERS’ WEALTH MAXIMIZATION OF CONGLOMERATE FIRMS IN NIGERIA
dc.contributor.author | YUSUF, Abdulmalik | |
dc.date.accessioned | 2014-02-26T08:36:23Z | |
dc.date.available | 2014-02-26T08:36:23Z | |
dc.date.issued | 2011-06 | |
dc.description | BEING A THESIS SUBMITTED TO THE SCHOOL OF POSTGRADUATE STUDIES, AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF M.Sc DEGREE IN ACCOUNTING AND FINANCE JUNE, 2011 | en_US |
dc.description.abstract | Firms are mostly owned by thousands of shareholders. The complex nature of firms serves as an impetus for owners to appoint qualified personnel to manage their affairs in order to achieve organizational goals. Thus, this study assesses the effect of Managerial Performance on Shareholders’ Wealth Maximization of Conglomerate Firms in Nigeria. Data are collected through secondary sources from the annual reports and accounts of the firms, for the period of eight years (2001 to 2008). The study adopts ex post factor research design, Economic Value Added (EVA) Model, Compounded Annual Growth Rate Model and Multiple Regression technique for data analysis. The study finds that Managerial Performance measure by EVA Model has significant effect on Shareholders’ Wealth. It also establishes that Shareholders’ Wealth is affected by Accounting Performance Measure in Nigeria. The study recommends shareholders to consider EVA Model as Modern Managerial Performance Measure for wealth maximization decision. Research work is encouraged on the wide application and acceptance of Economic Value Added (EVA) Model, as modern managerial performance measure in Nigeria. | en_US |
dc.identifier.uri | http://hdl.handle.net/123456789/2690 | |
dc.language.iso | en_US | en_US |
dc.subject | MANAGERIAL, | en_US |
dc.subject | PERFORMANCE, | en_US |
dc.subject | SHAREHOLDERS’, | en_US |
dc.subject | WEALTH MAXIMIZATION, | en_US |
dc.subject | CONGLOMERATE | en_US |
dc.subject | FIRMS IN NIGERIA | en_US |
dc.title | THE EFFECT OF MANAGERIAL PERFORMANCE ON SHAREHOLDERS’ WEALTH MAXIMIZATION OF CONGLOMERATE FIRMS IN NIGERIA | en_US |
dc.type | Thesis | en_US |
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