Evaluation of Firms’ Corporate Financial Indicators and Operational Performance of Selected Firms in Nigeria

Abstract

The study examined the effect of firms’ growth indicators on operational performance of selected firms in Nigeria. Firm size  and profitability  firms’  are the proxies for operational performance while Return on Assets was the measure for financial performance. The study adopted the ex-post facto research design. Data were sourced from the financial statement of firms studied. Multiple regressions were used for analysis. Results show that firm size and profitability have significant a negative and insignificant effect on Return on Assets. The paper recommends that firms should strive to increase firms size and profitability at a level that will positively and significantly affect Return on Assets.

Keywords: Firms’ Financial Indicators , Firms’ Size, Profitability,  Operational Performance,  Return on Assets.