Capital structure and profitability: the case of Nigerian deposit money banks

• Published in: Banks and bank systems Vol. 15; no. 4; pp. 221 - 228
• Main Authors: Olubukola Otekunrin, Adegbola, Ikechukwu Nwanji, Tony, Eluyela, Damilola, Kolawole Olowookere, Johnson, Gabriel Fagboro, Damilola
• Format: Journal Article
• Language: English
• Published: Sumy Business Perspectives Ltd 28.12.2020; LLC "CPC "Business Perspectives
• Subjects: agency theory; Annual reports; Capital structure; Debt; Descriptive research; Equity; leverage ratio; return on equity

This paper aimed to empirically examine the extent to which capital structure impacts the profitability of Nigerian Deposit Money Banks considering the profitability of eight Nigerian Deposit Money Banks from 2003 to 2018 (16 years). A descriptive research design was adopted for this study, and data...