International records / OpenAlex research

Capital Structure of Insurance Companies on the Profitability of Insurance Companies in Nigeria

This study's main goal was to investigate how capital structure affects Nigerian insurance companies' profitability. The study specifically examined the impact of debt ratio capital, shareholders fund capital, and equity share capital on Nigerian insurance companies' profitability. The study used secondary data from the Central Bank of Nigeria and the National Insurance Commission statistics bulletins, which included 24 years of yearly time series observations from 2000 to 2023. The long-term and short-term associations between the variables were estimated using the autoregressive distributed …