HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA
Human capital represents the engine that drives the entity and the foundation on which organizational success rests. This study examines the impact of human capital efficiency on profitability of five Integrated Oil and Gas companies in Nigeria between 2008 and 2017. This was examined by means of v...
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| Format: | Article |
| Language: | English |
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Studia Universitatis Babes-Bolyai
2019-09-01
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| Series: | Studia Universitatis Babeş-Bolyai Negotia |
| Subjects: | |
| Online Access: | http://193.231.18.162/index.php/subbnegotia/article/view/2661 |
| _version_ | 1797365075429818368 |
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| author | Tajudeen LAWAL Daniya Adeiza ABDULAZEEZ Mohammed Yabagi IBRAHIM |
| author_facet | Tajudeen LAWAL Daniya Adeiza ABDULAZEEZ Mohammed Yabagi IBRAHIM |
| author_sort | Tajudeen LAWAL |
| collection | DOAJ |
| description |
Human capital represents the engine that drives the entity and the foundation on which organizational success rests. This study examines the impact of human capital efficiency on profitability of five Integrated Oil and Gas companies in Nigeria between 2008 and 2017. This was examined by means of value added intellectual coefficient (VAIC) and it analyses how human capital efficiency affects the profitability of these firms measured by return on assets (ROA) and return on equity (ROE). Multiple regression technique was applied on data to draw inferences using STATA Version 13. The finding of the study reveals that Human capital efficiency has positive and significant impact on the ROA of the firms under study. Based on the findings of the study, it is therefore, recommended that integrated oil and Gas companies in Nigeria should continue to invest more on their employees in order to improve their performance. The study also recommends that Human Capital should be treated as the most valuable asset of integrated oil and Gas companies in Nigeria.
JEL classification: J24; G19
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| first_indexed | 2024-03-08T16:45:08Z |
| format | Article |
| id | doaj.art-5ccceaeebeaa4c77bde17cf2335545c6 |
| institution | Directory Open Access Journal |
| issn | 2065-9636 |
| language | English |
| last_indexed | 2024-03-08T16:45:08Z |
| publishDate | 2019-09-01 |
| publisher | Studia Universitatis Babes-Bolyai |
| record_format | Article |
| series | Studia Universitatis Babeş-Bolyai Negotia |
| spelling | doaj.art-5ccceaeebeaa4c77bde17cf2335545c62024-01-05T09:42:28ZengStudia Universitatis Babes-BolyaiStudia Universitatis Babeş-Bolyai Negotia2065-96362019-09-0164310.24193/subbnegotia.2019.3.04HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIATajudeen LAWAL0Daniya Adeiza ABDULAZEEZ1Mohammed Yabagi IBRAHIM2Department of Accounting and Finance, Kwara state University, Malete Kwara State Nigeria. *Corresponding author: ltajudeen@yahoo.com, tajudeen.lawal@kwasu.edu.ngDepartment of Entrepreneurship and Business Studies, Federal University of Technology, Minna, Niger State, Nigeria, e-mail daniyad3rd@yahoo.comDepartment of Accountancy, Federal Polytechnic, Bida, Niger State, Nigeria, e-mail: badamasi82@gmail.com Human capital represents the engine that drives the entity and the foundation on which organizational success rests. This study examines the impact of human capital efficiency on profitability of five Integrated Oil and Gas companies in Nigeria between 2008 and 2017. This was examined by means of value added intellectual coefficient (VAIC) and it analyses how human capital efficiency affects the profitability of these firms measured by return on assets (ROA) and return on equity (ROE). Multiple regression technique was applied on data to draw inferences using STATA Version 13. The finding of the study reveals that Human capital efficiency has positive and significant impact on the ROA of the firms under study. Based on the findings of the study, it is therefore, recommended that integrated oil and Gas companies in Nigeria should continue to invest more on their employees in order to improve their performance. The study also recommends that Human Capital should be treated as the most valuable asset of integrated oil and Gas companies in Nigeria. JEL classification: J24; G19 http://193.231.18.162/index.php/subbnegotia/article/view/2661human capital efficiency, return on assets, return on equity, value added intellectual coefficients. |
| spellingShingle | Tajudeen LAWAL Daniya Adeiza ABDULAZEEZ Mohammed Yabagi IBRAHIM HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA Studia Universitatis Babeş-Bolyai Negotia human capital efficiency, return on assets, return on equity, value added intellectual coefficients. |
| title | HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA |
| title_full | HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA |
| title_fullStr | HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA |
| title_full_unstemmed | HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA |
| title_short | HUMAN CAPITAL EFFICIENCY AND PROFITABILITY OF QUOTED INTEGRATED OIL AND GAS COMPANIES IN NIGERIA |
| title_sort | human capital efficiency and profitability of quoted integrated oil and gas companies in nigeria |
| topic | human capital efficiency, return on assets, return on equity, value added intellectual coefficients. |
| url | http://193.231.18.162/index.php/subbnegotia/article/view/2661 |
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