Department of Accounting, A.B.U., Zaria
Online published on 21 November, 2013.
The financial sector is supposed to be the vehicle for economic growth and development with a special role to the real sector. However, the active force of finance dominance over commodity industry appears inimical to such critical role by circumventing output through money to money value chain. The objective of this study therefore is to assess the impact of financialization on the dividend per share of listed manufacturing firms in Nigeria. The study adopted the use of descriptive and historical research design. Data was collected from the secondary source and was analysed using the techniques of simple linear regression. It was found that the dominance has significant impact on dividend per share of listed manufacturing firms in Nigeria. It is therefore recommended that firms should be given the opportunity by policy makers to invest well in the financial market but only for a short period of time and retain the earnings from financial investment to fund real investment in the long run.
