TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA
The increasing dealings in foreign exchange by commercial banks with foreign subsidiaries expose their performance to the sensitivity of change in real domestic currency. However, studies on the effect of translation exposure on deposit money banks performance in Nigeria are limited. Therefore, thi...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Kwara State University, Malete Nigeria
2023-11-01
|
| Series: | Malete Journal of Accounting and Finance |
| Subjects: | |
| Online Access: | https://majaf.com.ng/index.php/majaf/article/view/41 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1823859656946089984 |
|---|---|
| author | Eunice Oluganna |
| author_facet | Eunice Oluganna |
| author_sort | Eunice Oluganna |
| collection | DOAJ |
| description |
The increasing dealings in foreign exchange by commercial banks with foreign subsidiaries expose their performance to the sensitivity of change in real domestic currency. However, studies on the effect of translation exposure on deposit money banks performance in Nigeria are limited. Therefore, this study examined the effect of translation exposure on performance of deposit money banks in Nigeria. This study used ex-post facto research design and utilised panel data using Nonlinear Auto Regressive Distributed Lag (NARDL) model covering a period of sixteen years (2004-2019). The study found out that translation exposure has an asymmetric impact on financial performance for deposit money banks in Nigeria and thus concluded that translation exposure has a positive and significant effect on performance of deposit banks in Nigeria. The study recommended that bank managers should encourage periodic assessment of the banks statement of financial position.
|
| format | Article |
| id | doaj-art-fb14a211187348a6b56953747bb900ac |
| institution | Kabale University |
| issn | 2735-9603 |
| language | English |
| publishDate | 2023-11-01 |
| publisher | Kwara State University, Malete Nigeria |
| record_format | Article |
| series | Malete Journal of Accounting and Finance |
| spelling | doaj-art-fb14a211187348a6b56953747bb900ac2025-02-10T23:06:29ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032023-11-0121TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIAEunice Oluganna0Kwara State University, Malete The increasing dealings in foreign exchange by commercial banks with foreign subsidiaries expose their performance to the sensitivity of change in real domestic currency. However, studies on the effect of translation exposure on deposit money banks performance in Nigeria are limited. Therefore, this study examined the effect of translation exposure on performance of deposit money banks in Nigeria. This study used ex-post facto research design and utilised panel data using Nonlinear Auto Regressive Distributed Lag (NARDL) model covering a period of sixteen years (2004-2019). The study found out that translation exposure has an asymmetric impact on financial performance for deposit money banks in Nigeria and thus concluded that translation exposure has a positive and significant effect on performance of deposit banks in Nigeria. The study recommended that bank managers should encourage periodic assessment of the banks statement of financial position. https://majaf.com.ng/index.php/majaf/article/view/41Financial PerformanceTranslation exposure |
| spellingShingle | Eunice Oluganna TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA Malete Journal of Accounting and Finance Financial Performance Translation exposure |
| title | TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA |
| title_full | TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA |
| title_fullStr | TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA |
| title_full_unstemmed | TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA |
| title_short | TRANSLATION EXPOSURE AND PERFORMANCE OF DEPOSIT MONEY BANKS: EVIDENCE FROM NIGERIA |
| title_sort | translation exposure and performance of deposit money banks evidence from nigeria |
| topic | Financial Performance Translation exposure |
| url | https://majaf.com.ng/index.php/majaf/article/view/41 |
| work_keys_str_mv | AT euniceoluganna translationexposureandperformanceofdepositmoneybanksevidencefromnigeria |