Earning Volume And Share Price Volatile: A Focus On The Nigerian Stock Exchange

OBI OLUCHI CHRISTIANA | 62 pages (14402 words) | Projects

ABSTRACT


The study investigated on earnings volume and share price volatility. The stock exchange market

serves as the backbone for most contemporary economies, serving a critical need of raising funds

for companies at a reasonable cost. The major objectives of the study are to enlighten investors

about the variables affecting share price volatility which they need to consider in order to make

viable investment decision on financial asset. To achieve the objectives of the study, expost facto

research design was adopted. The researcher adopted secondary data in getting the required

information, First Bank of Nigeria was selected to represent the entire banking industry with data

covering a period often years (2006 — 2015). In testing the hypotheses, regression analysis was

used was used. The findings revealed that earnings volume has a significant effect on share price

volatility. The findings further revealed that dividends has a significant effect on share price

volatility, price earnings ratio has a significant effect on share price volatility. The researcher

recommends that Banks should stop announcing their corporate earnings on a quarterly basis.

Rather, they should adopt the method of announcing their corporate earnings on an annual basis.

The researcher also recommends that there should be an adoption of a stable dividend per share

policy in order to reduce share price volatility. This entails companies paying a constant (fixed)

dividend per share every year. If this is adopted, it would have an impact on reducing fluctuation

in share price.

Overall Rating

0.0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

OBI, C (2021). Earning Volume And Share Price Volatile: A Focus On The Nigerian Stock Exchange. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/earning-volume-and-share-price-volatile-a-focus-on-the-nigerian-stock-exchange-7-2

MLA 8th

CHRISTIANA, OBI. "Earning Volume And Share Price Volatile: A Focus On The Nigerian Stock Exchange" Mouau.afribary.org. Mouau.afribary.org, 04 Jun. 2021, https://repository.mouau.edu.ng/work/view/earning-volume-and-share-price-volatile-a-focus-on-the-nigerian-stock-exchange-7-2. Accessed 31 Oct. 2024.

MLA7

CHRISTIANA, OBI. "Earning Volume And Share Price Volatile: A Focus On The Nigerian Stock Exchange". Mouau.afribary.org, Mouau.afribary.org, 04 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/earning-volume-and-share-price-volatile-a-focus-on-the-nigerian-stock-exchange-7-2 >.

Chicago

CHRISTIANA, OBI. "Earning Volume And Share Price Volatile: A Focus On The Nigerian Stock Exchange" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/earning-volume-and-share-price-volatile-a-focus-on-the-nigerian-stock-exchange-7-2

Related Works
Please wait...