摘要：One of the demanding and challenging corporate decisions that organisations face is the preference
of mixture of capital structure while taking into consideration the nexus between profitability and risks. Hence,
this paper examined the effect of leverage on the liquidity of Nigerian firms based on the data of seventeen (17)
Nigerian consumer goods firms listed on the Nigerian Stock Exchange for the period of 2012 to 2017. The
study adopted multiple regression method. The core finding of the study revealed that leverage has significant
positive effect on liquidity management among consumer goods firms in Nigeria. Therefore, the study
concluded that companies in the consumer goods industry should operate more above break-even point in order
to avoid the danger of fluctuations in sales and profits so as to have substantial amount to meet the day-to-day
administrative running of the business.
关键词：degree of operating leverage;degree of financial leverage;degree of combined leverage;liquidity
