文章基本信息

标题：Effect of capital size on the profitability of listed insurance firms in Nigeria
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作者：Idris Ahmed
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2016
卷号：10
期号：5
页码：109-113
DOI：10.5897/AJBM2015.7481
语种：English
出版社：Academic Journals
摘要：Financial reforms have been an ongoing process, not only in Nigeria but the world over. Prior to the recapitalization of the insurance sector in 2005, the industry was characterized by the inadequate capital base, the dearth of appropriate human capital and weak performance. The objective of this paper is to examine the effect of capital size on the profitability of insurance companies in Nigeria. The researcher used correlational research design to carry out the study. Secondary data was sourced from Nigerian Stock Exchange Fact Book 2012, and we used Panel regression model (random effect) to estimate the impact of capital size on the profitability of insurance companies in Nigeria. The results provided evidence to believe that capital size and gross premium have a positive but insignificant effect on the profitability of insurance businesses in Nigeria. Hence regulators should not put much emphasis on the issue of recapitalization of insurance companies, but on other policies that will increase the market penetration ability of the insurance companies as indicated by the gross premium earned.
关键词：Recapitalization; capital size; and profitability