• Okoye, Jane Frances N Department of Entrepreneurship Studies, Nnamdi Azikiwe University, Awka
  • Ezejiofor, Raymond A Department of Accountancy, Nnamdi Azikiwe University, Awka


Capital employed efficiency, Corporate Performance and Consumer goods firms


The study determined the effect of capital employed efficiency on the corporate performance of listed consumer goods firms in Nigeria. The study employed an ex-post facto research design. The population of this study consists of the twenty-one (21) listed consumer goods firms on the Nigerian Exchange Group. Non-probability sampling technique was deployed to determine the sample size comprising sixteen (16) listed companies. The research employed secondary data sourced from audited annual reports and accounts of the chosen companies, from 2013 to 2022. To test the hypotheses, the data were subjected to analysis using the pooled Ordinary Least Squares method. The study revealed that capital employed efficiency has a positive but insignificant effect on the return on equity of listed consumer goods firms in Nigeria. It was recommended that recognizing the positive correlation between capital employed efficiency and ROE encourages consumer goods firms in Nigeria to focus on optimizing asset utilization, managing debt levels prudently, and making strategic investment decisions to enhance overall financial performance



How to Cite

Okoye, J. F. N., & Ezejiofor, R. A. (2024). EFFECT OF CAPITAL EMPLOYED EFFICIENCY ON CORPORATE PERFORMANCE OF LISTED CONSUMER GOODS FIRMS IN NIGERIA. Journal of Interdisciplinary Research in Accounting and Finance (JIRAF), 11(2), 1–10. https://doi.org/10.5281/zenodo.11198584



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