MEASURING THE EFFICIENCY AND PERFORMANCE OF LISTED CONGLOMERATE FIRMS IN NIGERIA: DATA ENVELOPMENT ANALYSIS (DEA) APPROACH
MEASURING THE EFFICIENCY AND PERFORMANCE OF LISTED CONGLOMERATE FIRMS IN NIGERIA: DATA ENVELOPMENT ANALYSIS (DEA) APPROACH
Author(s): Joseph E. Idolor, Omoruyi Aigbovo, Omorose Aigbedo OgiemudiaSubject(s): National Economy, Business Economy / Management, Methodology and research technology, Financial Markets
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Constant Return to Scale Efficiency; Variable Return to Scale Efficiency; Scale Efficiency; Conglomerate Sector; Nigeria;
Summary/Abstract: This study empirically examines efficiency of listed conglomerate firms in Nigeria from 2018 to 2019. The study used Data Envelopment Analysis (DEA) techniques to measure and evaluates the performance efficiency of the conglomerate firms. Findings show that conglomerate firms in Nigeria are 66.67% grossly efficient in terms of CRS efficiency, VRS efficiency and SCALE efficient across board, respectively. This study therefore concludes that the inefficient firms should benchmark and bench race efficient conglomerate firms in Nigeria. And recommends that Greater managerial capacity is also required to enhance productive, allocative and scale efficiency in the sector.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 14/2022
- Issue No: 2
- Page Range: 180-194
- Page Count: 15
- Language: English
- Content File-PDF