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Evaluation of the Role of Accounting Information on the Nigeria Stock Market Growth

Adetula, D. T. and Iyoha, F. O. (2010) Evaluation of the Role of Accounting Information on the Nigeria Stock Market Growth. The Nigerian Accounting Horizon, 3 (1 & 2). pp. 130-136. ISSN 2006- 1013

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Abstract

This paper evaluates the role of accounting numbers in the Nigerian Stock market growth by analyzing changes in share prices of firms listed on the Nigerian Stock Exchange to accounting earnings and net book value. The method of estimating the information content of accounting information is Ordinary Least Squared. The study finds that there is a significant relationship between accounting numbers and share prices of companies list on the Nigerian Stock Exchange. The paper advocates for more efficient accounting system that will bring about the required reliable accounting data and information which will in turn increase investors ' confidence in the Nigerian stock market

Item Type: Article
Uncontrolled Keywords: Stock Market, Accounting Information, Earnings and Accounting System
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Mr Solomon Bayoko
Date Deposited: 22 Oct 2014 13:44
Last Modified: 22 Oct 2014 13:44
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/2863

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