Corporate Borrowing and Firms' Growth in Nigeria: Empirical Evidence

dc.contributor.authorOgbeide, Sunday O.
dc.contributor.authorOkpamen, P.
dc.date.accessioned2023-10-12T10:00:50Z
dc.date.available2023-10-12T10:00:50Z
dc.date.issued2015-06
dc.description.abstractThis study examined corporate borrowing and organizational growth in Nigeria. The ex-post facto research design was adopted in the methodology. The population consists of all quoted companies in the Nigerian Stock Exchange A sample of 40 companies was examined for 2012.2013 financial year Panel Estimated Generalized Least Squares (EGLS) regression with cross-section random effect. !he study showed that long term borrowings enhanced hints' growth and it is statistically significant. Similarly firm age positively enhanced from growth though it is founds be statistically insignificantly. Also interest charges determined organizational growth but were not statistically significant Premised on this, brans are strongly advised to always compare the marginal benefits of using debt financing to the marginal costs of debt financing before concluding on using it in financing their operation.en_US
dc.identifier.citationOgbeide, S. O., & Okpamen, P. (2015). Corporate Borrowing and Firms' Growth in Nigeria: Empirical Evidence. Journal of Business and Value Creation, 4(1), ISSN: 2315-8212en_US
dc.identifier.issn2315-8212
dc.identifier.urihttp://repository.elizadeuniversity.edu.ng/handle/20.500.12398/1439
dc.language.isoenen_US
dc.publisherJournal of Business and Value Creationen_US
dc.relation.ispartofseriesVolume 4;No. 1
dc.subjectCorporate borrowingen_US
dc.subjectFirm ageen_US
dc.subjectFirm sizeen_US
dc.subjectOrganizational Growthen_US
dc.titleCorporate Borrowing and Firms' Growth in Nigeria: Empirical Evidenceen_US
dc.typeArticleen_US
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