Presented To

Department of Administration


This research work studied the relationship between board characteristics,ownership structure and the firm value of listedpetroleum firms in Nigeria. From a population of fifteen firms, the study used six listed petroleum firms that had consistently published their annual audited financial reports from 2008 to 2015.The data was analyzed using the robust pooled-OLS multiple regression technique in view of the absence of panel effect in the data as confirmed by the result of Breusch Pagan Lagrangian Multiplier test. The results of the robust pooled-OLS regression analysis revealed that board independence, board size as well as managerial shareholding had a negative but significant relationship with firm value. In the case of board gender diversity, it was discovered that the inclusion of females on the board of petroleum firms in Nigeria had a positive and significant relationship with firm value.While ownership concentration has an insignificant relationship on firm value. In view of the findings, the study recommended an optimal board size of nine directors, beyond which an additional board member will create added costs greater than the benefit derivable from the added board member. Also, not less than two femalesare recommended on the boards of listed petroleum firms in Nigeria to improve firm value. In addition, concentrated shareholding should be encouraged at the level of 19%, but should not be above 74% of the firm‟s shareholding, while a large managerial ownership structure should be moderated to about 37% to reduce the abuse of shareholders resources.


That this Material is a Complete Project, Well Written and Contains 1 to 5 Chapters.

Click the download Button Below to Download the complete work. OR Call/WhatsApp Admin on: 09019904113 for Inquiry. Thank You

  • 09019904113

Learn and Obtain Diploma in Web development, Software development, Business, Technology and Creative Skills taught by industry experts. Explore a wide range of skills with our professional tutorials.

About E-Project Material Centre

E-Project Material Centre is a web service aimed at successfully assisting final year students with quality, well researched, reliable and ready made project work. Our materials are recent, complete (chapter 1 to Minimum of Chapter 5, with references) and well written.INSTANT ACCESS! INSTANT DOWNLOAD. Simply select your department, choose from our list of topics available and explore your data

Why Students Love to Use E-Project Material ?

Guaranteed Delivery Getting your project delivered on time is essential. You cannot afford to turn in your project past the deadline. That is why you must get your project online from a company that guarantees to meet your deadline. e-Project Topics Material Centre is happy to offer instant delivery of projects listed on our website. We can handle just about any deadline you send our way. Satisfaction Guaranteed We always do whatever is necessary to ensure every customer's satisfaction


E-Project Topics Material Centre will only provide projects as a reference for your research. The projects ordered and produced should be used as a guide or framework for your own project. The contents of the projects should be able to help you in generating new ideas and thoughts for your own project. It is the aim of e-Project Topics Centre to only provide guidance by which the projects should be pursued. We are neither encouraging any form of plagiarism nor are we advocating the use of the projects produced herein for cheating.

Terms and Condition

Using our service is LEGAL and IS NOT prohibited by any university/college policies You are allowed to use the original model papers you will receive in the following ways:
  • As a source for additional understanding of the subject
  • As a source for ideas for you own research (if properly referenced)
  • For PROPER paraphrasing ( see your university definition of plagiarism and acceptable paraphrase) Direct citing ( if referenced properly)
Thank you so much for your respect to the authors copyright