ABSTRACT
Effective preparation of financial statement by many
financial institute has led not only to the presentation of distend information
shareholders of the institute but also to ultimate downfall of what otherwise
might be considered the promising concern of shareholders in their investment
decision making. The rate at which many shareholders invest their capital in
organization because of the financial information presented by organization for
public consumption, and which information so presented is misleading, is
increasingly alarming Thus, shareholders whose money is used for operation and
the running of these businesses many times express their unhappiness and dismay
over low or no dividend declared by organization. But which information so
presented in previous financial statement led to their investing in such
organization. Investment decision is conceived, many idea factors comes into
play such as the analyzing and interpretation of financial statement by the
organization . The problem inherent in analyzing and interpreting the financial
statement therefore is considered as constituting a major barrier to such
Instantaneous decision making Such problems came as a result of the public lack
of knowledge in the interpretation and analysis of the financial statement so
presented. Apart forgoing, many people are a times confused and many also are
unable to discern the important of some of the information presented in
financial statement which would have led them to decision making about investing.
The study investigates the impact of published financial statement on
shareholders' investment decision. The study employed ex-post facto research
design. The inferential statistics were used for the analysis and the
hypotheses tested used simple regression model. The statistical package for
social sciences (SPSS) software version 20.0 was employed in the analysis of
the data and test of hypotheses. The result shows that shareholder earnings as
an item of published financial statement positively impact on the investment
decision of Guinness Nigeria Plc, That inventory has significant relationship
on profitability of the Guinness Nigeria plc, it also reveal that there is significant
relationship between equity and asset as item of published financial statement
on investment decision of Guinness Nigeria Plc. It hereby recommend that There
should be a review of annual report of Guinness Nigeria Plc by the authority
concerned, in order to affect the much needed charges raised by investors
considering the changing economic trend in the country.
NWIGWE, E (2021). Impact Of Published Financial Statement On Shareholders Investment Decision. (A Study Of Guinness Nigeria Plc). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-published-financial-statement-on-shareholders-investment-decision-a-study-of-guinness-nigeria-plc-7-2
ETHEL, NWIGWE. "Impact Of Published Financial Statement On Shareholders Investment Decision. (A Study Of Guinness Nigeria Plc)" Mouau.afribary.org. Mouau.afribary.org, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/impact-of-published-financial-statement-on-shareholders-investment-decision-a-study-of-guinness-nigeria-plc-7-2. Accessed 28 Nov. 2024.
ETHEL, NWIGWE. "Impact Of Published Financial Statement On Shareholders Investment Decision. (A Study Of Guinness Nigeria Plc)". Mouau.afribary.org, Mouau.afribary.org, 22 Sep. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-published-financial-statement-on-shareholders-investment-decision-a-study-of-guinness-nigeria-plc-7-2 >.
ETHEL, NWIGWE. "Impact Of Published Financial Statement On Shareholders Investment Decision. (A Study Of Guinness Nigeria Plc)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-published-financial-statement-on-shareholders-investment-decision-a-study-of-guinness-nigeria-plc-7-2