ABSTRACT
The
study investigated the effect offinancial reporting quality on stock market
price of enterprises in Nigeria. To achieve this objective, the study
specifically investigated the effect offinancial reporting quality on Dividend
per share (DPS) ofmanufacturing firms in Nigeria, effect offinancial reporting
quality on Earnings per share (EPS) of manufacturingfirms in Nigeria. The study
restricted its scope to theperiod 2009-2018 and data usedfor the studywas
adoptedfrom thefour manufacturing companies listed in the chapter three ofthis
project work. The simple regression method was employed as the analytical tool.
Findings show that Dividend per share, Earnings per share which standsfor
proxiesforfinancial performance as the dependent variable, which has a negative
and significant relationship with financial reporting quality as the proxy for
the independent variable. The study recommends that Accountants and financial
managers should always review the value of their firms as this helps to control
variables which may be impacting inversely on such strategic variables.
Financial reporting quality offirms in this study interacts negatively with the
value of firms, so we therefore recommend that this situation can be controlled
iffinancial managers take time to improve the quality ofthe reporting as this
will promote their value in the market. Finally, managements should train their
accounting staffs in matters concerningfinancial reporting quality, stock
prices and performance. This they can achieve through organizing seminar, on
thejob training and others.
UGWU, L (2024). Effect Of Financial Reporting Quality On Stock Market Prices Of Enterprises In Nigeria:-Ugwu Ifebuche L. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-financial-reporting-quality-on-stock-market-prices-of-enterprises-in-nigeria-ugwu-ifebuche-l-7-2
LOVELINE, UGWU. "Effect Of Financial Reporting Quality On Stock Market Prices Of Enterprises In Nigeria:-Ugwu Ifebuche L" Mouau.afribary.org. Mouau.afribary.org, 09 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-financial-reporting-quality-on-stock-market-prices-of-enterprises-in-nigeria-ugwu-ifebuche-l-7-2. Accessed 30 Oct. 2024.
LOVELINE, UGWU. "Effect Of Financial Reporting Quality On Stock Market Prices Of Enterprises In Nigeria:-Ugwu Ifebuche L". Mouau.afribary.org, Mouau.afribary.org, 09 Jul. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-financial-reporting-quality-on-stock-market-prices-of-enterprises-in-nigeria-ugwu-ifebuche-l-7-2 >.
LOVELINE, UGWU. "Effect Of Financial Reporting Quality On Stock Market Prices Of Enterprises In Nigeria:-Ugwu Ifebuche L" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-financial-reporting-quality-on-stock-market-prices-of-enterprises-in-nigeria-ugwu-ifebuche-l-7-2