Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267877 
Year of Publication: 
2019
Citation: 
[Journal:] Economic Review: Journal of Economics and Business [ISSN:] 1512-8962 [Volume:] 17 [Issue:] 1 [Publisher:] University of Tuzla, Faculty of Economics [Place:] Tuzla [Year:] 2019 [Pages:] 47-62
Publisher: 
University of Tuzla, Faculty of Economics, Tuzla
Abstract: 
This study investigates banks' specific and macroeconomic determinants of profitability of ten listed deposit money banks in Nigerian Stock Exchange from 2008 to 2017 using fixed effect regression. The result reveals that capital adequacy, nonperforming loan, loan to total asset and size have significant positive effect on profitability, while age was found to exert significant but negative effect on profitability. The study could not however establish sig-nificant positive effect of macroeconomic indi-cators (economic growth and interest rate) on profitability of deposit money banks while inf-lation rate has negative but insignificant influe-nce on profitability. Arising from the findings, the study recommends that government should initiate and execute economic policies that will improve the profitability of deposit money banks in Nigeria given the key role of the sector to the economy while banks should also mana-ge their specific variables that are likely to improve profitability.
Subjects: 
banks' specific indicators
deposit money banks
macroeconomic indicators
fixed effect and profitability
JEL: 
G10
G22
Document Type: 
Article

Files in This Item:
File
Size
489.65 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.