What is it about?

The aim of this study is to explore the moderating role of financial innovation on the financial risks, business risk and firm value nexus. This study applies the balanced panel data to analyse the 16 commercial banks in Nigeria over the period 2009 to 2017.

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Why is it important?

This study is one of the very few studies that offers new insights on the relationship between business risk and firm value and provides useful information on the dynamic role of innovativeness that is of phenomenal value to the regulatory authority to determine relevant policies.

Perspectives

The publication of this article may help academia to explore new insights on financial innovation theory and practices. In addition, this article is useful for managers to make decision on financial risk and strategies.

Wan Sallha Yusoff
Universiti Malaysia Perlis

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This page is a summary of: The moderating role of financial innovation on financial risks, business risk and firm value nexus: Empirical evidence from Nigeria, January 2021, American Institute of Physics,
DOI: 10.1063/5.0045082.
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