The Financial Performance Of Privatized Insurance Companies In Nigeria: An Empirical Analysis
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Dosyalar
Tarih
2005
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
İstanbul Ticaret Üniversitesi
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study compares the pre and post privatization of privatized insurance companies in Nigeria. It examines whether the financial and operating performance of the privatized enterprises improved after privatization. The Wilcoxon signed rank test and percentage change were the principal methods used in testing for significant change in profitability, operating efficiency, Growth, Employment, Dividend, and Leverage of the privatized insurance companies. The findings of the study from the tests for the privatized insurance companies lend support to the propositions that privatization improves the financial performances of privatized insurance companies. Except for changes in employment that shows mixed results, statistically, there is a significant increase in profitability, operating efficiency, growth, and dividend payment for the privatized insurance companies.
Açıklama
Anahtar Kelimeler
Privatization, Insurance, Financial, Operating Performance.
Kaynak
The Effects Of Globalization On Financial Reporting
