Site Logo E-PROJECTTOPICS

INTANGIBLE ASSETS AND PERFORMANCE OF QUOTED PHARMACEUTICAL FIRMS IN NIGERIA


📑


Presented To


Administration Department

📄 Pages: 94       🧠 Words: 11239       📚 Chapters: 5 🗂️️ For: PROJECT

👁️‍🗨️️️ Views: 298      

⬇️ Download (Complete Report) Now!

ABSTRACT

Conventional physical assets were initially presumed to be the main sources of value to corporate entities. Following the rapid growth and expansion of science, technology and globalization, particularly in the technological and chemical industries, both tangible and intangible assets are now accepted as potential strategic assets. This study which is underpinned by the Resource Base View Theory examines the impact of intangible asset on the performance of quoted pharmaceutical firms in Nigeria. 

The study employed correlation research design in a sample of six (6) quoted pharmaceutical firms for a period of ten (10) years. The study used Secondary data and Seemingly Unrelated Regression technique of data analysis was employed in the analysis of the data collected. The study found that intangible assets have significantly impacted on the financial performance of quoted pharmaceutical firms in Nigerian during the period covered by the study. This was as a result of adequate investment in the intangible assets and its proper management. 

Particularly, the study after controlling for physical capital intensity and assets turnover, found that capital employed efficiency has a significant negative impact on the performance of listed pharmaceutical firms in Nigeria; human capital efficiency has a significant positive effect on the performance of listed pharmaceutical firms in Nigeria; and, structural capital efficiency has a significant positive impact on the performance of listed pharmaceutical firms in Nigeria. The study recommends inter alia that, the management of pharmaceutical firms in Nigeria should emphasize investments in intangible assets as they pose great potentials of helping organizations to earn economic rent as posited by the Resource Base View theory. 

This can be done by setting aside a certain percentage of the firms' annual profit for intangible assets improvement.It is also recommended that, the management of pharmaceutical firms in Nigeria should strive hard to develop their human resources by way of training and retraining as well as professional and competency development of the employees in their various areas of specialisations. This can be done through Mandatory Continuing Professional Development (MCPD) seminar, workshops and attending short time course.

PLEASE NOTE

This material is a comprehensive and well-written project, structured into Chapter (1 to 5) for clarity and depth.


To access the full material click the download button below


OR


Contact our support team via Call/WhatsApp: 09019904113 for further inquiries.

Thank you for choosing us!

📄 Pages: 94       🧠 Words: 11239       📚 Chapters: 5 🗂️️ For: PROJECT

👁️‍🗨️️️ Views: 298      

⬇️ Download (Complete Report) Now!

🔗 Related Topics

EFFECT OF COMMUNITY POWER STRUCTURE ON COMMUNITY DEVELOPMENT IN SELECTED RURAL COMMUNITIES OF KATSINA, ENUGU AND EKITISTATES, NIGERIA MEDIATING ROLE OF COMPETITIVE ADVANTAGE ON THE RELATIONSHIP BETWEEN ENTREPRENEURIAL ORIENTATION AND SMALL AND MEDIUM ENTERPRISES (SMEs) PERFORMANCE IN ABUJA, NIGERIA EVALUATION OF THE IMPACT OF AUDIT COMMITTEES ON PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA THE IMPACT OF DEREGULATION POLICY ON THE NIGERIAN FINANCIAL SYSTEM EFFECT OF TRAINING AND DEVELOPMENT ON WORKERS' PERFORMANCE IN NIGERIAN COLLEGE OF AVIATION TECHNOLOGY EFFECT OF INVESTORS' SENTIMENT ON STOCK MARKET RETURNS IN NIGERIA FIRM CHARACTERISTICS, GOVERNANCE MECHANISMS AND FINANCIAL PERFORMANCE OF LISTED BUILDING MATERIALS FIRMS IN NIGERIA RURAL BANKING SCHEME AND ENHANCEMENT OF RURAL DEVELOPMENT IN NIGERIA MICRO FINANCE BANK SERVICES AND BUSINESS PERFORMANCE OF FEMALE ENTREPRENEURS MARKET PENETRATION STRATEGY AS A MEANS OF ENTERING THE NIGERIAN TELECOMMUNICATION IMPACT OF FIRM CHARACTERISTICS ON FIRM VALUE OF LISTED HEALTHCARE FIRMS IN NIGERIA EFFECT OF CORPORATE SOCIAL RESPONSIBILITY PRACTICES ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA ASSESSMENT OF THE PROBLEMS AND PROSPECTS OF SMALL AND MEDIUM ENTERPRISES (SMES) IN NIGERIA THE NIGERIAN FOREIGN EXCHANGE MARKET: A CRITICAL EVALUATION OF THE NAIRA EXCHANGE RATE MARKETING OF BANKING SERVICES IN NIGERIA: A STUDY OF SELECTED BANKS IN ABUJA The Effect of Firms Characteristics on Real Earnings Management in the Listed Industrial Goods Firms in Nigeria CONTRIBUTION OF THE NATIONAL DIRECTORATE OF EMPLOYMENT (NDE) TO UNEMPLOYMENT REDUCTION IN EKITI STATE, NIGERIA (2011-2015) CONTRIBUTORY PENSION SCHEME AND ITS IMPACT ON RETIREES IN SELECTED PUBLIC ORGANIZATIONS IN NIGERIA ANALYSIS OF THE CAUSES AND EFFECTS OF DISTRESS BANK ON THE AGRICULTURAL SECTOR OF THE NIGERIAN ECONOMY DIVERSIFYING SOURCE OF FINANCE FOR NIGERIA'S FEDERAL UNIVERSITIES

click on whatsapp