The objective of this study is to implement Analysis of Moment Structure (AMOS) at the same time analysing the power of corporate governance on Post – Seasoned Equity Offerings (SEO’s) performance as well as in determining whether agency costs exist as a mediating variable between them. We conjecture that the mediating function of agency costs reduction is fundamental to the causal relationship between corporate governance and Post-SEO underperformance. Failure to tackle agency costs as a mediating variable may perhaps be one reason for the inconclusive findings in the allied literature. This study intends to focus on an SEO sample, for the reason that it is essential to evaluate how better corporate governance mechanisms can enhance SEO performance by estimating the relationship between different variables. To achieve this, the study will apply the approach and analyse SEOs in Nigeria from 2005-2015.
| Published in | Journal of Finance and Accounting (Volume 4, Issue 3) |
| DOI | 10.11648/j.jfa.20160403.13 |
| Page(s) | 111-125 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Equity, Corporate Governance, Agency Costs, Performance
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APA Style
Mohammed Aminu Bello, Aminu Kado Kurfi, Bamidele Adeboye Adepoju, Abdu Ja’afaru Bambale. (2016). Corporate Governance and the Performance of Seasoned Equity Offering Firms in Nigeria: The Mediating Effect of Agency Costs. Journal of Finance and Accounting, 4(3), 111-125. https://doi.org/10.11648/j.jfa.20160403.13
ACS Style
Mohammed Aminu Bello; Aminu Kado Kurfi; Bamidele Adeboye Adepoju; Abdu Ja’afaru Bambale. Corporate Governance and the Performance of Seasoned Equity Offering Firms in Nigeria: The Mediating Effect of Agency Costs. J. Finance Account. 2016, 4(3), 111-125. doi: 10.11648/j.jfa.20160403.13
AMA Style
Mohammed Aminu Bello, Aminu Kado Kurfi, Bamidele Adeboye Adepoju, Abdu Ja’afaru Bambale. Corporate Governance and the Performance of Seasoned Equity Offering Firms in Nigeria: The Mediating Effect of Agency Costs. J Finance Account. 2016;4(3):111-125. doi: 10.11648/j.jfa.20160403.13
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Download@article{10.11648/j.jfa.20160403.13,
author = {Mohammed Aminu Bello and Aminu Kado Kurfi and Bamidele Adeboye Adepoju and Abdu Ja’afaru Bambale},
title = {Corporate Governance and the Performance of Seasoned Equity Offering Firms in Nigeria: The Mediating Effect of Agency Costs},
journal = {Journal of Finance and Accounting},
volume = {4},
number = {3},
pages = {111-125},
doi = {10.11648/j.jfa.20160403.13},
url = {https://doi.org/10.11648/j.jfa.20160403.13},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160403.13},
abstract = {The objective of this study is to implement Analysis of Moment Structure (AMOS) at the same time analysing the power of corporate governance on Post – Seasoned Equity Offerings (SEO’s) performance as well as in determining whether agency costs exist as a mediating variable between them. We conjecture that the mediating function of agency costs reduction is fundamental to the causal relationship between corporate governance and Post-SEO underperformance. Failure to tackle agency costs as a mediating variable may perhaps be one reason for the inconclusive findings in the allied literature. This study intends to focus on an SEO sample, for the reason that it is essential to evaluate how better corporate governance mechanisms can enhance SEO performance by estimating the relationship between different variables. To achieve this, the study will apply the approach and analyse SEOs in Nigeria from 2005-2015.},
year = {2016}
}
TY - JOUR T1 - Corporate Governance and the Performance of Seasoned Equity Offering Firms in Nigeria: The Mediating Effect of Agency Costs AU - Mohammed Aminu Bello AU - Aminu Kado Kurfi AU - Bamidele Adeboye Adepoju AU - Abdu Ja’afaru Bambale Y1 - 2016/05/14 PY - 2016 N1 - https://doi.org/10.11648/j.jfa.20160403.13 DO - 10.11648/j.jfa.20160403.13 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 111 EP - 125 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20160403.13 AB - The objective of this study is to implement Analysis of Moment Structure (AMOS) at the same time analysing the power of corporate governance on Post – Seasoned Equity Offerings (SEO’s) performance as well as in determining whether agency costs exist as a mediating variable between them. We conjecture that the mediating function of agency costs reduction is fundamental to the causal relationship between corporate governance and Post-SEO underperformance. Failure to tackle agency costs as a mediating variable may perhaps be one reason for the inconclusive findings in the allied literature. This study intends to focus on an SEO sample, for the reason that it is essential to evaluate how better corporate governance mechanisms can enhance SEO performance by estimating the relationship between different variables. To achieve this, the study will apply the approach and analyse SEOs in Nigeria from 2005-2015. VL - 4 IS - 3 ER -
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