Firms Attributes and Financial Performance of Quoted Conglomerates Companies in Nigeria

The study examined the effect of firms specific attributes and financial performance of quoted conglomerates companies in Nigeria. Secondary data were sourced through the published annual reports of the sampled companies for the period under review 2015-2021. Panel data extracted were analysed using multiple regression technique after conducting series of robustness checks to ascertain validity. Findings from the study reveal that firm size has a positive and significant effect on financial performance. While liquidity has positive and insignificantly effect on financial performance, on the other hand leverage has a negative but insignificantly effect on financial performance. The study recommends that management should try as much as possible to increase their total asset level as this will serve as a guarantee in generating future economic benefit. Management should also watch out for their leverage level so as to keep it at optimum point, because leverage level negatively influence performance for conglomerate firms in Nigeria based on the findings of these study, within the period under revie