Financial Performance and Earnings Per Share of Consumer Goods Manufacturing Companies Quoted in Nigeria
نویسندگان
چکیده
Positive and continuous growth in Earnings per Share (EPS) has always been the desire of every investor, especially equity investors, measuring it, Financial Performance (FP) viewed to have a great impact on EPS, thus aim is examine if any what extent that financial performance EPS. The adopted research design for this study was Ex-post facto with objective examining effect FP EPS Consumer Goods Manufacturing Companies (CGMC) Quoted Nigeria. population used comprises 12 CGMC quoted Nigeria Exchange Group (NGX) as April 30, 2021, while size sample purposely selected. audited annual reports provided data companies were sampled given period 11 years (2009 – 2019). relied fact statements statutory audit report audited, guaranteeing its validity reliability. analyzed using descriptive inferential statistical tools. outcome test showed ROA positive significant but ROE, other hand, an insignificantly negative probability 0.0015 0.9487 respectively. results attest these are follows: R2 = 0.077411, Adj.R2 0.063107 F-Statistics 5.411958, P-value 0.005534. Study concluded both positively negatively insignificant effects recommendation investors analysts should look beyond taking their investment decisions.
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ژورنال
عنوان ژورنال: International Journal of Business and Economics Research
سال: 2023
ISSN: ['2328-756X', '2328-7543']
DOI: https://doi.org/10.11648/j.ijber.20231202.13