عنوان

Nexus Between Foreign Exchange Exposure and Performance of Deposit Money Banks in Nigeria

شماره

TLpq2485483567

زبان متن نوشتاري يا گفتاري و مانند آن

انگلیسی

عنوان اصلي

Nexus Between Foreign Exchange Exposure and Performance of Deposit Money Banks in Nigeria

نام عام مواد

[Thesis]

نام نخستين پديدآور

Oluganna, Eunice Tinumo

نام ساير پديدآوران

Ijaya, Muftau Adeniyi

نام ناشر، پخش کننده و غيره

Kwara State University (Nigeria)

تاریخ نشرو بخش و غیره

2020

نام خاص و کميت اثر

177

جزئيات پايان نامه و نوع درجه آن

Ph.D.

کسي که مدرک را اعطا کرده

Kwara State University (Nigeria)

امتياز متن

2020

متن يادداشت

The increasing dealings in foreign exchange by commercial banks expose their performance to the sensitivity of change in real domestic currency. It is against this background that this study examines the nexus between foreign exchange exposure and performance of Deposit Money Banks in Nigeria. Precisely, the specific objectives were to:(i)examine the effectof transaction exposure on performance of deposit money banks in Nigeria;(ii)determine the impact of economic exposure on performance of deposit money banks in Nigeria; (iii)examine the effect of translation exposure on performance of deposit money banks in Nigeria; and (iv)to estimate foreign exchange exposure of deposit money banks in Nigeria. The study adopted an ex-post facto method of research design using a panel data covering the period 2004-2019. Data were obtained from the various bank annual financial reports and Central Bank of Nigeria data book. The data obtained were subjected to cashflow method of measurement to compute foreign exchange exposure of banks and Nonlinear Autoregressive Distributed Lag (NARDLto examine the nexus between foreign exchange rate exposure and performance of deposit money banks in Nigeria. From the whole sample estimation, the study revealed that transaction exposure with coefficient values (-3.65-4.53,0.25,3.75) at (1%,1%,1%,1%) significant levels, affects negatively capital quality, asset quality, management quality and earnings. With rule of numbers, transaction exposure has a negative effect on performance of deposit money banks in Nigeria. More so, capital quality, asset quality, management quality, earnings and liquidity were negatively exposed to economic exposure with coefficient values of (7.83, -1.26, 0.15, -1.90, 10.1) at ( 1%, 5%, 5%, 1%, 5%)significant levels respectively. Furthermore, capital quality, asset quality, management quality and earnings were negatively exposed to translation exposure with coefficient values of (-1.06, -15.6,0.05 and 1.95) at (5%, 5%, 1%, and 1%) significant levels respectively. With rule of numbers translation exposure has a negative effect on performance of deposit money banks in Nigeria. Finally, from the estimation result, Access bank, Zenith bank, United Bank for Africa, Union bank are negatively exposed to foreign exchange exposure. The study therefore, concluded that a negative and asymmetric relationship exists between foreign exchange exposure and the performance of deposit money banks in Nigeria. The study therefore recommends, among other things, that Management of Deposit Money Banks in Nigeria should endeavour to apply a combination of simple hedging tools such as the use of forward contracts and swaps to supplement price adjustments and investment in foreign currency in order to minimize their exposure to changes in exchange rate.

موضوع مستند نشده

Accounting

موضوع مستند نشده

African studies

موضوع مستند نشده

Banking

موضوع مستند نشده

Finance

موضوع مستند نشده

International relations

موضوع مستند نشده

Management

مستند نام اشخاص تاييد نشده

Ijaya, Muftau Adeniyi

مستند نام اشخاص تاييد نشده

Oluganna, Eunice Tinumo

نام الکترونيکي

فرمت انتشار

p

نوع ماده

[Thesis]

کد کاربرگه

276903

سطح دسترسي

a

تكميل شده

Y