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Abstract


Managerial ownership and firm performance have been conducted in different parts of the globe with different findings; this study tends to fill the gap by examining the impact of managerial ownership on performance of quoted building materials firms in Nigeria. The population of the study consists of six (6) firms quoted on the Nigerian stock exchange as at 31st December 2016 out of which four (4) firms were selected using two criteria which are company that made available their annual report of thirteen (13) years and company quoted on the Nigerian stock exchange before 2004. The study uses multiple regressions as a tool for analysis and secondary source of data analysis. The result of the study revealed that managerial ownership impacts positively significantly on performance of quoted building materials firms in Nigeria. The study concludes that managerial ownership affects firm performance of building materials firms in Nigeria and recommended that Security and exchange commission should encourage potential managers in the building material industry to invest in long term investment.


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