{"id":"https://openalex.org/W2011934995","doi":"https://doi.org/10.5296/jpag.v2i4.3036","title":"Analysis of Effect of Financing Leverage on Bank Performance: Evidence from Nigeria","display_name":"Analysis of Effect of Financing Leverage on Bank Performance: Evidence from Nigeria","publication_year":2012,"publication_date":"2012-12-29","ids":{"openalex":"https://openalex.org/W2011934995","doi":"https://doi.org/10.5296/jpag.v2i4.3036","mag":"2011934995"},"language":"en","primary_location":{"id":"doi:10.5296/jpag.v2i4.3036","doi":"https://doi.org/10.5296/jpag.v2i4.3036","is_oa":true,"landing_page_url":"https://doi.org/10.5296/jpag.v2i4.3036","pdf_url":"http://www.macrothink.org/journal/index.php/jpag/article/download/3036/2586","source":{"id":"https://openalex.org/S2765072615","display_name":"Journal of Public Administration and Governance","issn_l":"2161-7104","issn":["2161-7104"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4328141805","host_organization_name":"Macrothink Institute","host_organization_lineage":["https://openalex.org/P4328141805"],"host_organization_lineage_names":["Macrothink Institute"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Administration and Governance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"http://www.macrothink.org/journal/index.php/jpag/article/download/3036/2586","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019546277","display_name":"Oforegbunam Thaddeus Ebiringa","orcid":"https://orcid.org/0000-0001-8780-3698","observed_orcids":["https://orcid.org/0000-0001-8780-3698"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ebiringa Oforegbunam Thaddeus Ph.D","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5056328720","display_name":"Ezeji Emmanuel Chigbu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ezeji E. Chigbu Ph.D","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.7141,"has_fulltext":true,"cited_by_count":29,"citation_normalized_percentile":{"value":0.94184925,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"2","issue":"4","first_page":"178","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7124000191688538,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7124000191688538,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.12520000338554382,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.11299999803304672,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bank-performance","display_name":"bank performance","score":0.9449999928474426},{"id":"https://openalex.org/keywords/debt-equity-ratio","display_name":"debt to equity ratio","score":0.9229999780654907},{"id":"https://openalex.org/keywords/coverage-rate","display_name":"coverage rate","score":0.7590000033378601},{"id":"https://openalex.org/keywords/earnings-per-share","display_name":"earnings per share","score":1.0},{"id":"https://openalex.org/keywords/funding-risk","display_name":"financing risk","score":0.765999972820282},{"id":"https://openalex.org/keywords/shareholder-returns","display_name":"shareholder returns","score":0.9890000224113464},{"id":"https://openalex.org/keywords/nigerian-banking-sector","display_name":"Nigerian banking sector","score":0.7390000224113464},{"id":"https://openalex.org/keywords/optimal-capital-structure","display_name":"optimal capital structure","score":0.6470000147819519}],"concepts":[{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.7932550311088562},{"id":"https://openalex.org/C2778776786","wikidata":"https://www.wikidata.org/wiki/Q1455109","display_name":"External financing","level":3,"score":0.6248125433921814},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.617878794670105},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5518216490745544},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.5458259582519531},{"id":"https://openalex.org/C2994348538","wikidata":"https://www.wikidata.org/wiki/Q827451","display_name":"Equity financing","level":3,"score":0.5402197241783142},{"id":"https://openalex.org/C84566663","wikidata":"https://www.wikidata.org/wiki/Q2738224","display_name":"Operating leverage","level":3,"score":0.5340394377708435},{"id":"https://openalex.org/C2778098874","wikidata":"https://www.wikidata.org/wiki/Q240691","display_name":"Retained earnings","level":3,"score":0.5280162692070007},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.5260472297668457},{"id":"https://openalex.org/C2992672087","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt financing","level":3,"score":0.5239387154579163},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.5181987881660461},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.478320837020874},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4606722593307495},{"id":"https://openalex.org/C2776330181","wikidata":"https://www.wikidata.org/wiki/Q18358244","display_name":"Maximization","level":2,"score":0.4384188652038574},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3363357484340668},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2552240192890167},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.10490405559539795},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.09941965341567993},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.06908458471298218},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.5296/jpag.v2i4.3036","doi":"https://doi.org/10.5296/jpag.v2i4.3036","is_oa":true,"landing_page_url":"https://doi.org/10.5296/jpag.v2i4.3036","pdf_url":"http://www.macrothink.org/journal/index.php/jpag/article/download/3036/2586","source":{"id":"https://openalex.org/S2765072615","display_name":"Journal of Public Administration and Governance","issn_l":"2161-7104","issn":["2161-7104"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4328141805","host_organization_name":"Macrothink Institute","host_organization_lineage":["https://openalex.org/P4328141805"],"host_organization_lineage_names":["Macrothink Institute"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Administration and Governance","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.5296/jpag.v2i4.3036","doi":"https://doi.org/10.5296/jpag.v2i4.3036","is_oa":true,"landing_page_url":"https://doi.org/10.5296/jpag.v2i4.3036","pdf_url":"http://www.macrothink.org/journal/index.php/jpag/article/download/3036/2586","source":{"id":"https://openalex.org/S2765072615","display_name":"Journal of Public Administration and Governance","issn_l":"2161-7104","issn":["2161-7104"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4328141805","host_organization_name":"Macrothink Institute","host_organization_lineage":["https://openalex.org/P4328141805"],"host_organization_lineage_names":["Macrothink Institute"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Administration and Governance","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2011934995.pdf","grobid_xml":"https://content.openalex.org/works/W2011934995.grobid-xml"},"referenced_works_count":15,"referenced_works":["https://openalex.org/W1928542166","https://openalex.org/W2054350931","https://openalex.org/W2078262537","https://openalex.org/W2081113003","https://openalex.org/W2090227940","https://openalex.org/W2122582639","https://openalex.org/W2124597406","https://openalex.org/W2323879925","https://openalex.org/W2334182575","https://openalex.org/W2606239652","https://openalex.org/W3124450204","https://openalex.org/W3126106534","https://openalex.org/W4234156351","https://openalex.org/W4241782546","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W3125229414","https://openalex.org/W3093068499","https://openalex.org/W4411259762","https://openalex.org/W7204591130","https://openalex.org/W2725146374","https://openalex.org/W2560186025","https://openalex.org/W4416754423","https://openalex.org/W7216912561","https://openalex.org/W2338411731","https://openalex.org/W2789248061"],"abstract_inverted_index":{"This":[0],"paper":[1],"analyzes":[2],"the":[3,29,46,73,131],"effect":[4],"of":[5,54,90,130],"leverage":[6,33,81,103],"financing":[7,36,82,104,124],"on":[8],"corporate":[9],"performance":[10],"using":[11],"debt-equity,":[12],"coverage":[13],"ratios":[14],"and":[15,126],"earnings":[16],"per":[17],"share":[18],"as":[19,38,40,61,63,85,115,117],"proxies.":[20],"The":[21,50,93],"study":[22,51],"is":[23,96],"motivated":[24],"by":[25],"need":[26],"to":[27,31,43,64,100,106,128],"assess":[28],"extent":[30],"which":[32],"affects":[34],"optimizes":[35],"risk":[37,125],"well":[39,62,116],"maximize":[41],"returns":[42,127],"shareholders":[44,91],"in":[45,68,98],"Nigerian":[47],"banking":[48],"industry.":[49],"made":[52],"use":[53],"F-ratios,":[55],"Durbin-Watson;":[56],"Akaikeand":[57],"Schwarz":[58],"Information":[59],"Criteria":[60],"log":[65],"likelihood":[66],"parameters":[67],"arriving":[69],"at":[70],"conclusions.":[71],"Though":[72],"results":[74],"across":[75],"banks":[76],"studied":[77],"shows":[78],"mixed":[79],"outcome,":[80],"was":[83],"established":[84,111],"critical":[86],"strategy":[87],"for":[88],"maximization":[89],"returns.":[92],"conclusion":[94],"therefore":[95],"that":[97,102],"order":[99],"ensure":[101],"leads":[105],"desired":[107],"outcome":[108],"businessorganisations":[109],"must":[110],"their":[112],"optimum":[113],"level":[114],"strike":[118],"a":[119],"strategic":[120],"balance":[121],"with":[122],"associated":[123],"owners":[129],"firm.":[132]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
