An analysis of the impact of external debt on banks' performance:

dc.contributor.authorObademi, O.E
dc.date.accessioned2017-10-11T18:15:44Z
dc.date.available2017-10-11T18:15:44Z
dc.date.issued2013
dc.descriptionStaff Publicationen_US
dc.description.abstractThis study focuses on the long run relationship and causal impact between foreign or external debt and bank performance using different performance indices such as return on capital employed, earnings per share and return on equity. The micro analysis done which in this regard is on the firm specific choice of the two big banks in Nigeria i.e. First Bank Plc and United Bank for Africa during the period before the debt relief granted to Nigeria is apt against the backdrop of concentration profitability relationship. A general model of the micro analysis was developed with ample support of a macro model underpinned by a simultaneous equation using a vector auto-regression estimation. The findings are that foreign or external debt impacts negatively on bank performance but the direction of impact is different for the two banks chosen in this study. While foreign debt was most felt on return on capital employed by United Bank for Africa, the impact of foreign debt affected the earnings per share most in First Bank Plc. The difference in the direction of causal impact can be attributed to the peculiarity of the internal environment of each of the banks.en_US
dc.identifier.citationObademi,O.E. (2013) An analysis of the impact of external debt on banks' performance:Evidence from Nigeria. British Journal Of Arts And Social Sciences. Vol.12,(1),p.37-51.en_US
dc.identifier.issn2046-9578
dc.identifier.uriwww.bjournal.co.uk/paper/BJASS_12_1/BJASS_12_01_02
dc.identifier.urihttps://wscholars.com/index.php/ajbm/article/download/284/188
dc.identifier.urihttp://www.bjournal.co.uk/BJASS.aspx
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2138
dc.language.isoenen_US
dc.publisherBritishJournal Publishing Incorporateden_US
dc.relation.ispartofseriesStaff Publication;
dc.subjectExternal Debten_US
dc.subjectBank Performanceen_US
dc.titleAn analysis of the impact of external debt on banks' performance:en_US
dc.title.alternativeEvidence from Nigeria.en_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
AN ANALYSIS OF THE IMPACT OF EXTERNAL DEBET ON BANKS PERFORMANCE ;EVIDENCE FROM NIGERIA . ODADEMI OLALEKAN EMMANUEL..pdf
Size:
7.52 MB
Format:
Adobe Portable Document Format
Description:
Full Text
License bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description: