ABSTRACT
studyfocuses
on the effect offinancial report on share market price of banks in Nigeria. An
investor who is faced -with a decision to either buy or sell a particular
stock, there is need to resort to financial analysis of the company's business
over a period, to determine -whether profits are rising orfalling and the
implication offuture performance. However, due to the problems of acquiring
adequate information, available finance may be directed into wrong firms or
organizations. The study made used ofan ex-postfacto research design. The data
collected -were then tabidated and analyzed using the simple regression
analysis. The result revealed that the estimated coefficient ofthe regression
parameter have a positive sign and thus conform to our a-priori expectation.
The implication of this sign is that the dependent variable Share Market Price
(SMP) is positively affected by Earning Per Share (EPS), Dividend Per Share
(DPS) and Profit After Tax (PAT). The study also revealed that there is a very
high relationship between Earning Per Share (EPS), Dividend Per Share (DPS),
Profit After Tax (PAT) and Share Market Price (SMP). Conclusively, as
everyfinancial report is published to provide accounting information to
external users, it does not guarantee a success in their investment. However, adequate
understanding offinancial report and the application ofthis accounting report
would result to favourable investment. It can therefore be concluded
thatfinancial report has a great impact on the investment decisions of
investors based on their reliance, understanding and application of this
information. It is recommended that investors should be interested in
understanding the components of the annual reports as a better understanding
woidd lead to better and more profitable investment. Investors should not only
rely on the annual report but should also strengthen their knowledge and
understanding oftheir investment through newspapers, magazines, stock exchange
market and evenfrom advice ofstock brokers.
AMADI, F (2024). “Effect of Financial Report on Stock Market Prices:- Amadi Eberechi F. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-financial-report-on-stock-market-prices-amadi-eberechi-f-7-2
FAVOUR, AMADI. "“Effect of Financial Report on Stock Market Prices:- Amadi Eberechi F" Mouau.afribary.org. Mouau.afribary.org, 08 Aug. 2024, https://repository.mouau.edu.ng/work/view/effect-of-financial-report-on-stock-market-prices-amadi-eberechi-f-7-2. Accessed 30 Oct. 2024.
FAVOUR, AMADI. "“Effect of Financial Report on Stock Market Prices:- Amadi Eberechi F". Mouau.afribary.org, Mouau.afribary.org, 08 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-financial-report-on-stock-market-prices-amadi-eberechi-f-7-2 >.
FAVOUR, AMADI. "“Effect of Financial Report on Stock Market Prices:- Amadi Eberechi F" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-financial-report-on-stock-market-prices-amadi-eberechi-f-7-2