Intellectual Capital Investment and Business Sustainability of Deposit Money Banks in Nigeria

Abstract

There have been a lot of studies on listed Deposit banks in Nigeria, however, the focus on banks’ performance has mostly been on the short term with an emphasis on profitability and returns. Limited work has been done on Intellectual capital and firms’ long-term performance, particularly Business sustainability. This study, therefore, examines the effect of Intellectual capital investment on the Business sustainability of Listed deposit banks in Nigeria. The investigation employed an ex-post facto design with a sample size of twelve deposit money institutions. The analysis utilised secondary data obtained from the Nigerian Exchange Group. The random effect regression analysis technique was used to analyse the data. The dependent variable is Business sustainability which was computed as Strategic growth rate (SGR) while the independent variables are Intellectual Capital computed as Intellectual capital efficiency), and Structural capital efficiency (SCE).