FIRM PERFORMANCE ATTRIBUTES AND CAPITAL STRUCTURE OF LISTED CONSUMER GOODS COMPANIES IN NIGERIA

One of the fundamental causes of corporate distress points to the fact that inadequate and inappropriate capital mix characterize the Nigerian firms. Therefore, this study examined the effect of firm performance attributes on capital structure of listed consumer goods companies in Nigeria for the period 2013 to 2023 financial years. The study employed ex- post facto research design and purposive sampling technique was used to select 13 listed consumer goods firms out of study’s population of 20 listed consumer goods firms. Data were sourced from the Annual Report and Accounts of sampled firms. Descriptive statistics, Correlation analysis and Generalised Method of Moments (GMM) of multiple regression methods were employed in the study. The results revealed that profitability (t-val= -18.2069, P