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DC Field | Value | Language |
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dc.contributor.author | Oke, Babatunde Olufemi | - |
dc.contributor.author | Onwere, Henry Ikechukwu | - |
dc.date.accessioned | 2023-05-08T20:09:53Z | - |
dc.date.available | 2023-05-08T20:09:53Z | - |
dc.date.issued | 2023-04 | - |
dc.identifier.citation | Oke, B. O., & Onwere, H. I. (2023). Evaluating the impact of CAMEL variables on the share price of banks in Sub-Sahara Africa. Journal of Accounting, Finance and Auditing Studies, 9(2), 46-73. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/109247 | - |
dc.description.abstract | PURPOSE: This study aims to investigate CAMEL variables' effects on deposit money banks' share prices for twelve Nigerian banks, nine Kenyan banks, and five South African banks. | en_GB |
dc.description.abstract | METHODOLOGY: The panel regression approach was utilised to analyse the study data. The share price was measured by the total of the daily closing share price divided by the number of trading days. Capital adequacy was proxied by the equity-to-total-asset ratio, management efficiency was measured by asset turnover, earnings quality was measured by gross profit margin, and liquidity was measured by the loan-to-deposit ratio. | en_GB |
dc.description.abstract | FINDINGS: The findings showed that asset quality positively and significantly influenced the share prices of the South African sample but had an insignificant influence on the share prices of the Nigerian sample. The managerial efficiency significantly and positively influenced the share prices of the South African sample but had an insignificant effect on the share prices of the Kenyan and Nigerian samples. Lastly, findings showed that liquidity negatively and significantly influenced the share prices of our Kenyan and Nigerian samples but had an insignificant influence on the share prices of our South African samples. | en_GB |
dc.description.abstract | ORIGINALITY/VALUE: The study's findings will help the management of African banks make good management decisions and provide information that will help stakeholders make better investment decisions. The study sheds new insight into the impact of CAMEL variables on the share price of banks in sub-Saharan Africa. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | Istanbul Business Academy | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Banks and banking -- Nigeria | en_GB |
dc.subject | Banks and banking -- Kenya | en_GB |
dc.subject | Banks and banking -- South Africa | en_GB |
dc.subject | Stocks -- Prices -- Nigeria | en_GB |
dc.subject | Stocks -- Prices -- Kenya | en_GB |
dc.subject | Stocks -- Prices -- South Africa | en_GB |
dc.title | Evaluating the impact of CAMEL variables on the share price of banks in Sub-Sahara Africa | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
dc.identifier.doi | 10.32602/jafas.2023.012 | - |
dc.publication.title | Journal of Accounting, Finance and Auditing Studies | en_GB |
Appears in Collections: | Journal of Accounting, Finance and Auditing Studies, Volume 9, Issue 2 Journal of Accounting, Finance and Auditing Studies, Volume 9, Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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JAFAS9(2)A3.pdf | 547.69 kB | Adobe PDF | View/Open |
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