It is therefore important to understand how firms financing choice affect their performance. The kernel of this study is to examine the impact of firms' financing choice on their profitability in Nigeria capturing both the effects of internal and external factors that drive firms' profitability. The result of the study has many intrinsic values and deemed to benefit the external investors and shareholders who will be able to know how the finance structures affect their performance. Lenders may find the results useful in evaluating the firms' performance before giving loans and finally,...

Managing capital structure is one of the most important and difficult problems to be solved in the process of funding, sourcing and providing finance for an enterprise. Instant response to changing external and internal environment requires significant update of many management functions in order to increase the primary role of accounting analysis. The analysis is aimed at evaluating, formulating and forecasting the situation of financial activity; it involves the stages of collection, separation and processing of aggregate management information that may be expected to clarify the diagnosis...