You have no items in your shopping cart.
ABSTRACT
The level of use of Leverage in the capital structure of business entities have been a subject of debate over the years. This study was conducted to find out the relationship between leverage and performance of quoted banks in Nigeria. All banks quoted in the Nigeria Stock Exchange between 2015 and 2019 were used in this study. Data was collected from the annual statements of quoted banks and a panel data regression analysis was conducted using Return on Equity (ROE) as a proxy for performance. Findings showed that there is a positive relationship between leverage and ROE. It is therefore concluded that leverage has a significant positive effect on firms’ performance.
