International records / OpenAlex research

Credit Risk as a Prognosticator of Investor Wealth Diminution Among Listed Banks in Nigeria

Ineffectual management of credit risk results in rising non-performing loans that increase the likelihood of reduced shareholder returns and lowers the market value of listed banks. This undermines investor confidence as well as threaten overall stability in the banking sector. Hence, the study examined the effect of credit risk, proxied by non-performing loan ratio, on investor wealth diminution, proxied by market value added, among listed banks in Nigeria. The study adopted an ex post facto research design, relying on secondary data extracted from the audited annual reports of twelve listed …