STRUCTURAL AND CAPITAL EMPLOYED EFFICIENCY AND FINANCIAL PERFORMANCE OF LISTED CONSUMER GOODS COMPANIES IN NIGERIA

The improvement of profitability to achieve financial growth is driven by technological implementation,process improvement, and optimal capital structure. This study investigates the effect of structural and capitalemployedefficiency on the financial performance of listed consumer goods companies in Nigeria. An ex-postfacto research design was used on the panel data utilizing purposive sampling techniques to select a samplesize of twelve (12) from a population of twenty-one (21) listed consumer goods in Nigeria. The study coveredthe period from 2013 to 2023 and employed multiple regression techniques using STATA 13 software. Theresults reveal that structural capital and capital-employed efficiency positively and significantly affect financialperformance. This study concludes that structural and capital-employed efficiencies significantly affect thefinancial performance of listed consumer goods companies in Nigeria. The study, therefore, recommends thatfirms should work to maximize their structural capital by developing internal processes and exploitingorganizational knowledge. Firms should also establish strong financial management through optimal capitalstructure to improve their capital investment efficiency.