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The purpose of this paper is to discover the assessment of the organization’s size influence on debt to equity ratio among quoted insurance firms in Nigeria. The main objective of the study was to assessment of the organization’s size influence on debt to equity ratio among quoted insurance firms in Nigeria. The relevant literature was reviewed for the purposes of this study. This study adopts the ex-post facto design. The paper uses secondary data only extracted from the Annual Reports and Accounts of 16 sampled firms out of the insurance companies in Nigeria. The target population of this study is the thirty-two (32) quoted insurance firms on the Nigerian Stock Exchange (NSE) and random sampling technique was used. Multiple regressions were used to analyse data and the hypotheses was tested at 5% significant level using Statistical Package for Social Sciences (SPSS). It was found that Firm size has a significant positive effect on Debt to Equity Ratio of listed insurance firms on Nigeria (p value = 0.031). The study recommended that managers should consider the organizational age effect on debt to equity ratio and the effect of firm size on capital structure should be taken into consideration when making decisions on debt financing.
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In-Text Citation: (Kevin Okoh, George D, & Chris Chukwuemeka, 2019)
To Cite this Article: Kevin Okoh, U., George D, O., & Chris Chukwuemeka, M. (2019). An Assessment of the Organizational Size Influence on Debt to Equity Ratio among Insurance Firms in Nigeria Stock Market. Internatinal Journal of Acdemic Research in Economics & Managment Science, 7(2), 100–121.
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