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Financial market Institutions Indices: Perceptions and Trends in Nigerian Economic Growth

Ibadin, P. O. and Emeni, F. K. (2009) Financial market Institutions Indices: Perceptions and Trends in Nigerian Economic Growth. Nigeria Journal of Research and Production, 15 (1). ISSN 1596-6615

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Abstract

This paper empirically looks at the impact of financial market institutions indices on the economic clcvelopmGnt in Nigeria. Critical analyses were made, using ordinary least square regression analysis to test the directional relationships between economic development vari;1hlcs and financial nwrkct institutions in Nigeria. ;\ nwjor finding in the research work points out that financial market iostitutions positively influence all sectors of the economy. In the light of this finding, it is rcconlliiCIHkd, in the l:1ce of global financial IJICit -down, that government and participants in the capital market activities should foster a culture of securities innovation and development that would play an increasingly large role in deepening the market through the evaluation of risk -return configuration for issuers, investors nncl the perception on the direction of the capital markets operations in Nigeria.

Item Type: Article
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 24 Apr 2015 23:13
Last Modified: 24 Apr 2015 23:13
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/5122

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