Effect of Sustainable Human Capital Investment on Productivity of Pharmaceutical Firms in Nigeria
Year: 2025
Type: article
Abstract: The study is to examine the effect of Sustainable Human Capital Investment on Productivity of Pharmaceutical Firms in Nigeria. The specific objectives are to; examine the effect of staff training on the cost of sales of pharmaceutical firms in Nigeria. evaluate the effect of pension contribution on the cost of sales of pharmaceutical firms in Nigeria. The study adopted an ex post facto research design. Data was obtained from published financial statements of the selected pharmaceutical firms in Nigeria. Data collected was analyzed using Pearson Correlation analysis. The study result revealed that Staff training has a significantly positive effect on cost of sales of pharmaceutical firms with a P-value of (0.00 > 0.01). Pension contribution has a significantly positive effect on cost of sales of pharmaceutical firms with a P-value of (0.00 > 0.01) in Nigeria. The study concluded that human capital expenditure significantly influenced profitability of manufacturing companies quoted on the Nigeria Stock exchange. The study hereby recommended among other that the firms should implement more of on-the -job training in order to reduce expenses on staff training.
Authors: Okoli, Victor Somtochukwu, Obodoekwe, Ezuwore, C. (Ph.D)
Institution: University of Nigeria
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7083439741
FWCI:
Cites:
Cited by:
Related to: