FINANCING STRUCTURE AND FINANCIAL PERFORMANCE OF INDUSTRIALIZED FIRMS IN THE NIGERIAN EXCHANGE GROUP

Abstract

Decisions concerning the company's financial structure are heavily influenced by the financing

arrangement. One of the main objectives of corporate financial management is to ensure that

shareholders have the most money while keeping the cost of capital low. The research examines

how Nigerian Exchange Group-listed industrial enterprises get funding and their financial health

(NGX). The study employed an ex-post facto research design. The financial structure and financial

performance of Nigerian listed industrialised enterprises were examined in this study. For the

duration of the research (until December 31st, 2020), the NSE will receive yearly reports from

twelve (12) industrial enterprises that are listed on the Nigerian Stock Exchange Group's fact book.

There was adequate data on ten different industrial enterprises for the researchers to make their

selections. For example, in a regression, (TPAYA) has a positive and non-statistically significant

association with financial results. The regression is relevant since both (STDE) and (LTDE) show a

positive and statistically significant association with financial success. According to the research,

companies should pay more attention to choosing managers who can maximise shareholder value.

Because investors are increasingly interested in maximising their wealth, managers must keep an

eye on wealth maximisation.