You have no items in your shopping cart.
ABSTRACT
The research aimed at understanding the influence of firm characteristics on the financial performance of companies in Nigeria. The findings revealed that firm size had a substantial positive impact on financial performance, suggesting that larger firms in Nigeria tend to perform better financially. While firm ownership structure exhibited an insignificant positive link to financial performance, it was evident that firm financial leverage negatively influences performance, indicating that firms with higher debt levels 46 might face financial challenges. Interestingly, firm complexity showed an inconsequential positive relationship, implying that the intricacy of a firm's operations doesn't necessarily guarantee better financial outcomes. Notably, firm age was inversely related to financial performance, hinting that older firms might encounter challenges that impede their financial achievements compared to their younger counterparts. The insights provide a valuable perspective on factors that companies in Nigeria should consider to enhance their financial results.
