EFFECTS OF ASSET MANAGEMENT AND MEASUREMENT ON CORPORATE PERFORMANCE
Abstract
ABSTRACT
This study the "Effect of Asset Management and Measurement on Corporate Performance" examines the relationship between Asset Management and Corporate Performance exploring the theoretical foundations empirical evidence and practical implication. The descriptive research design was used, with the First Aluminum Product Limited and Eastern Wrought Iron Company both in Rivers State, Nigeria. A population size of 140 and the Yoro Yemen's formula was used in generating the sample size of 104 (One hundred and four). The study made use of the Chi-Square Statistical tool to text the hypothesis formulated. The findings suggest that effective asset management significantly improves corporate performance supporting Agency Theory and Pecking Order Theory, it also identifies key Performance Indicators for Asset Management.
The recommendation of the study is that organizations should prioritize asset management as a key driver of corporate performance and also to provide regular training and development programs for asset managers.
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