The Impact of Share Market Capitalization on a Company’s Performance: A case study in the Nigerian Confectionary Industry

Matthew, Oluwatoyin and Odularu, G.O The Impact of Share Market Capitalization on a Company’s Performance: A case study in the Nigerian Confectionary Industry. African Journal of Business Management, Vol.3 (No.5). pp. 220-226. ISSN 1993-8233

PDF Download (95kB)

Abstract

This article focuses on the impact of companies’ shares on their performance, using one of the largest confectionary companies in Nigeria as a case study. In other words, the article analyses the correlation between the sales of shares and the growth of the company. While it adopts the Ordinary Least Square (OLS) analytical technique, using the company’s annual data for 20 years, it recommends that the confectionary company should implement policies that will encourage increase in their profit after tax, dividends and turnover as these variables have positive and statistically strong significance on the changes in the company’s performance and the value of its market capitalization.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Dr. Oluwatoyin Matthew
Date Deposited:	25 Mar 2015 15:11
Last Modified:	21 Aug 2017 12:55
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/4225

Actions (login required)

View Item