This study examined the effect of lease financing on the financial performance of listed manufacturing companies. The study relied on secondary data which covered the period of 2011 to 2021. It was established from findings that financial lease create positive effect on financial performance of companies through the creation of opportunities to use capital intensive assets in production activities. However, the insignificant effect of lease financing in the study suggests the underutilisation of leasing financing options by manufacturing companies. It was recommended that lease financial should be extensively explore by manufacturing companies. In addition, companies should endeavor to maintain appropriate balance between different source of financing, investment opportunities and performance.
Citation: Ayobami Ayoola Aremo and Yemisi Oluwafunmilayo Ayorinde (2022) Lease Financing and Financial Performance of Listed Manufacturing Companies in Nigeria, European Journal of Accounting, Auditing and Finance Research, Vol.10, No. 6, pp.1-8