Browsing by Author "OGBEIDE, SUNDAY OSEIWEH"

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    BOARD OF DIRECTORS’ NATIONALITY AND FINANCIAL PERFORMANCE OF LISTED INSURANCE FIRMS IN NIGERIA
    (Sapientia Foundation Journal of Education, Sciences and Gender Studies (SFJESGS), 2023-03) OGBEIDE, SUNDAY OSEIWEH; ADEDIRAN, KAYODE AYOBAMI
    This study examined board of director nationality and the financial performance of listed insurance firms in Nigeria.A sample of forty two listed insurance firms using the simple random sampling technique for the period 2010 t0 2021 was selected. The data was first subjected to robustness tests and then analyzed using descriptive statistics and the panel ordinary least squares (POLS) estimation method. Findings revealed that board nationality exerted a negative and non-significant impact on the insurance firms’ financial performance. While interlocking board membership was positive and not significant, board director reputation capital was positive and significant on the insurance firms’ financial performance. The study recommends that there is need for regulators to design a framework to checkmate the proportion of foreign directors’ inclusion in insurance firms’ board. Firms in Nigeria should be mandated to disclose proportion of board nationality as it will guide researchers in carrying out critical analysis for policy recommendations.
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    COGNITIVE AND EMOTIONAL BEHAVIOURAL FINANCE FACTORS AND INVESTORS’ INVESTMENT DECISION MAKING: EVIDENCE FROM THE NIGERIANCAPITAL MARKET
    (International Journal of Management, Social Sciences, Peace and Conflict Studies (IJMSSPCS), 2022-12) OGBEIDE, SUNDAY OSEIWEH; UGBOGBO, SUNDAY NOSA
    This study investigated cognitive and emotional behavioural finance biases and investors’ investment decision making in the Nigerian capital market. The cognitive behavioural finance biases examined were overconfidence bias and self-attribution bias; while the emotional behavioural finance bias were illusion of control bias and regret bias. The study used the survey-descriptive research design while four-point scale likert-type questionnaire was employed as the research instrument to elicit responses from one hundred respondents selected using the simple random sampling method. The data was analyzedusing the ordinary least squares (OLS) multiple regression method. Findings from the research showed a positive and significant effect of overconfidence bias, self-attribution bias, illusion of control bias and regret bias on the investors’ investment decision making in the Nigerian bourse. Illusion of control demonstrated little effect on investment decision making compared to other biases examined. The study concluded that both cognitive and emotional behavioural finance biases are key drivers of investors’ investment decision making in the Nigerian stock market. The study therefore recommends that investors should frequently form a proper pattern of judging and observing the behaviour of others while decisions are being made.
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    Corporate Borrowing and Firms' Growth in Nigeria: Empirical Evidence
    (Journal of Business and Value Creation: Department of Marketing, University of Port-Harcourt, 2015-06) OGBEIDE, SUNDAY OSEIWEH; OKPAMEN, PETER