OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA
The study investigated how ownership structure influence the female inclusion of listed financial firms in Nigeria. Using Longitudinal research design findings revealed that managerial ownership exhibited a direct effect on female inclusion, institutional ownership was significant with a direct nex...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2024-04-01
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| Series: | Gusau Journal of Accounting and Finance |
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| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/280 |
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| _version_ | 1823857089522434048 |
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| author | Gbemigun Catherine Omoleye Alade Muyiwa Ezekiel |
| author_facet | Gbemigun Catherine Omoleye Alade Muyiwa Ezekiel |
| author_sort | Gbemigun Catherine Omoleye |
| collection | DOAJ |
| description |
The study investigated how ownership structure influence the female inclusion of listed financial firms in Nigeria. Using Longitudinal research design findings revealed that managerial ownership exhibited a direct effect on female inclusion, institutional ownership was significant with a direct nexus with female inclusion, while foreign ownership was non-significant but exhibited an inverse sign. The study concluded that share possession held by managers, as well as, other institution that manage people’s wealth determine the percentage of women that participate in board of directors of listed financial firms in Nigeria; while, low share possession held by foreign ownership reduces it. The study recommended that the director within the listed financial firms should ensure that they make their ownership stakes (shares) attractive for foreign ownership through publicity.
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| format | Article |
| id | doaj-art-c4508b71f14141ff8c43d4d5522e3535 |
| institution | Kabale University |
| issn | 2756-665X 2756-6897 |
| language | English |
| publishDate | 2024-04-01 |
| publisher | Department of Accounting and Finance, Federal University Gusau |
| record_format | Article |
| series | Gusau Journal of Accounting and Finance |
| spelling | doaj-art-c4508b71f14141ff8c43d4d5522e35352025-02-12T01:06:50ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972024-04-015110.57233/gujaf.v5i1.07OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIAGbemigun Catherine Omoleye0Alade Muyiwa Ezekiel1Adekunle Ajasin University, Akungba Akoko, Ondo State, NigeriaBAYERO UNIVERSITY KANO, KANO STATE – NIGERIA The study investigated how ownership structure influence the female inclusion of listed financial firms in Nigeria. Using Longitudinal research design findings revealed that managerial ownership exhibited a direct effect on female inclusion, institutional ownership was significant with a direct nexus with female inclusion, while foreign ownership was non-significant but exhibited an inverse sign. The study concluded that share possession held by managers, as well as, other institution that manage people’s wealth determine the percentage of women that participate in board of directors of listed financial firms in Nigeria; while, low share possession held by foreign ownership reduces it. The study recommended that the director within the listed financial firms should ensure that they make their ownership stakes (shares) attractive for foreign ownership through publicity. https://journals.gujaf.com.ng/index.php/gujaf/article/view/280Ownership structurefemale inclusionmanagerial ownershipinstitutional ownershipforeign ownership |
| spellingShingle | Gbemigun Catherine Omoleye Alade Muyiwa Ezekiel OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA Gusau Journal of Accounting and Finance Ownership structure female inclusion managerial ownership institutional ownership foreign ownership |
| title | OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA |
| title_full | OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA |
| title_fullStr | OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA |
| title_full_unstemmed | OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA |
| title_short | OWNERSHIP STRUCTURE AND FEMALE INCLUSION OF LISTED FINANCIAL FIRMS IN NIGERIA |
| title_sort | ownership structure and female inclusion of listed financial firms in nigeria |
| topic | Ownership structure female inclusion managerial ownership institutional ownership foreign ownership |
| url | https://journals.gujaf.com.ng/index.php/gujaf/article/view/280 |
| work_keys_str_mv | AT gbemiguncatherineomoleye ownershipstructureandfemaleinclusionoflistedfinancialfirmsinnigeria AT alademuyiwaezekiel ownershipstructureandfemaleinclusionoflistedfinancialfirmsinnigeria |