The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria
Purpose: The nature of diversification in the form of conglomerates is the research theme for this study. Thus, CG’s functions on FP on conglomerates firms of Nigerian economy was studied while applying IC as the mediating variable. Design/Methodology: This research depends on archival data col...
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| Format: | Article |
| Language: | English |
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Seisense
2019-04-01
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| Series: | SEISENSE Journal of Management |
| Subjects: | |
| Online Access: | https://journal.seisense.com/jom/article/view/109 |
| _version_ | 1827077080432508928 |
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| author | Ahmed Jinjri Bala Anand Shankar Raja Kabiru Isa Dandago |
| author_facet | Ahmed Jinjri Bala Anand Shankar Raja Kabiru Isa Dandago |
| author_sort | Ahmed Jinjri Bala |
| collection | DOAJ |
| description |
Purpose: The nature of diversification in the form of conglomerates is the research theme for this study. Thus, CG’s functions on FP on conglomerates firms of Nigerian economy was studied while applying IC as the mediating variable.
Design/Methodology: This research depends on archival data collected from the NSE. Firms have been chosen based on the convenient sampling method and an important parameter for judgment is Conglomerated firms. In order to get genuine results, ten years of financial data have been taken into consideration. Multiple regression technique was used to analyze the data. The software used for analysis was STATA version 14.0.
Results: The model I of the study disclose a pessimistic and insignificant impact of board size and board independence on IC using VAIC as a proxy. In contrast, model II results disclosed that the performance of the firms was impacted by the board’s size and institutional ownership. Implying that, the greater the size of the firm as well as more shares owned by institutional shareholders the higher the profit.
Practical Implications: Nigeria being one of the growing economies now is dependent on knowledge assets and hence it has a positive effect on the firm’s performance. Conglomeration is seen even between employee’s skills of both industries, which give a positive outcome. Hence, firms under conglomerate tags have a strong impact in relation to intellectual capital.
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| first_indexed | 2024-03-07T14:05:19Z |
| format | Article |
| id | doaj.art-c93969d0e4ab4a3ab7c11b88eb31425b |
| institution | Directory Open Access Journal |
| issn | 2617-5770 |
| language | English |
| last_indexed | 2025-03-20T02:08:05Z |
| publishDate | 2019-04-01 |
| publisher | Seisense |
| record_format | Article |
| series | SEISENSE Journal of Management |
| spelling | doaj.art-c93969d0e4ab4a3ab7c11b88eb31425b2024-10-03T09:07:50ZengSeisenseSEISENSE Journal of Management2617-57702019-04-012310.33215/sjom.v2i3.109The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in NigeriaAhmed Jinjri Bala0https://orcid.org/0000-0001-5786-6428Anand Shankar Raja1https://orcid.org/0000-0003-1350-290XKabiru Isa Dandago2Department of Accounting and Finance, Federal University, Dutsin-ma, Katsina State – NigeriaCHRIST (Deemed to be University), Bangalore, Karnataka – IndiaDepartment of Accounting, Bayero University, Kano Kano State - Nigeria Purpose: The nature of diversification in the form of conglomerates is the research theme for this study. Thus, CG’s functions on FP on conglomerates firms of Nigerian economy was studied while applying IC as the mediating variable. Design/Methodology: This research depends on archival data collected from the NSE. Firms have been chosen based on the convenient sampling method and an important parameter for judgment is Conglomerated firms. In order to get genuine results, ten years of financial data have been taken into consideration. Multiple regression technique was used to analyze the data. The software used for analysis was STATA version 14.0. Results: The model I of the study disclose a pessimistic and insignificant impact of board size and board independence on IC using VAIC as a proxy. In contrast, model II results disclosed that the performance of the firms was impacted by the board’s size and institutional ownership. Implying that, the greater the size of the firm as well as more shares owned by institutional shareholders the higher the profit. Practical Implications: Nigeria being one of the growing economies now is dependent on knowledge assets and hence it has a positive effect on the firm’s performance. Conglomeration is seen even between employee’s skills of both industries, which give a positive outcome. Hence, firms under conglomerate tags have a strong impact in relation to intellectual capital. https://journal.seisense.com/jom/article/view/109Intellectual CapitalCorporate GovernancePerformanceConglomerateNigerian Economy |
| spellingShingle | Ahmed Jinjri Bala Anand Shankar Raja Kabiru Isa Dandago The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria SEISENSE Journal of Management Intellectual Capital Corporate Governance Performance Conglomerate Nigerian Economy |
| title | The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria |
| title_full | The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria |
| title_fullStr | The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria |
| title_full_unstemmed | The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria |
| title_short | The Mediating Effect of Intellectual Capital on Corporate Governance and Performance of Conglomerates in Nigeria |
| title_sort | mediating effect of intellectual capital on corporate governance and performance of conglomerates in nigeria |
| topic | Intellectual Capital Corporate Governance Performance Conglomerate Nigerian Economy |
| url | https://journal.seisense.com/jom/article/view/109 |
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