Effect of Capital Structure on Performance of Poultry and Piggery Enterprises in Abia State, Nigeria
This study analyses the effect of capital structure on performance of poultry and piggery enterprises in Abia State, Nigeria. A multi-stage random sampling technique was used to select the sample. Primary data collected from 83 livestock enterprises comprising of 50 poultry enterprises and 33 piggery enterprises were used for the study. Data collected were analyzed using Ordinary Least Squares (OLS) multiple regression technique. Findings showed that credit receivables, amount of savings, cash at hand, trade credits, short-term debt capital and credit payable significantly influenced the performance of poultry enterprise in Abia State, whereas, credit receivables, amount of savings, cash in hand, short-term debt capital, trade credits, and credit payable significantly influenced
the performance of piggery enterprise in Abia State. The study recommends that policies on enhancing the level of performance of poultry and piggery enterprises should consider capital structure variables such as credit receivables, amount of savings, cash at hand, trade credits, short-term debt capital and credit payable which significantly influenced the performance of poultry and piggery enterprises in Abia State.
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