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Economic Characteristics and Financial Performance of Selected Manufacturing Companies in Nigeria

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– Economic Characteristics and Financial Performance of Selected Manufacturing Companies in Nigeria –

Download Economic Characteristics and Financial Performance of Selected Manufacturing Companies in Nigeria. Accounting students who are writing their projects can get this material to aid their research work.

Abstract

Firms make several financial and strategic decisions which are usually moderated by the workings of operating business environment. Understanding how the fluctuations of these economic variables moderate variations in firms’ financial performance is crucial and germane to meeting cooperate goals and objectives.

Insensitive to how these economic variables affect financial performance may lead to wrong decisions and may have implications on performance.

Consequently, this study investigated the impact of economic characteristics of a firm’s operating environment represented by;

Introduction

Organizations are institutions deliberately designed to achieve and accomplish certain goals and objectives which in turn maximize the shareholders’ wealth in the context of the definition of the organization objective.

Activities in these organizations are affected by both identified operating environment and firms’ specific characteristics.

The state of a nation’s economy affects the performance of its organizations. Whenever the economy is performing well the general expectation of most investors and shareholders is that companies would perform well and thus shareholder’s wealth is maximized.

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