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Human Capital Expenditures and Financial Performance of Insurance Firms in Nigeria

Human capital development is a critical success factor required for any insurance business to compete globally. Insurance firms in Nigeria have invested heavily in human capital development. However, the financial performance of insurance firms in Nigeria does not reflect the huge investments in the development of human capital. Therefore, this study was conducted to examine the effect of human capital expenditures on financial performance of insurance firms in Nigeria. The specific objectives of this study were to assess the effect of salaries of workers on the return on assets of insurance f…

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