ABSTRACT
This study focuses on published
financial reports and its implication on investment decision. Having the fact
that investment failure may arise from wrong decision implementation made on
the basic information contained in the financial reports, and many investors do
not carry out an analysis because they cannot understand the interpretation
technique of the financial statements. Because of this problem; they try to do
without it, as if it is not important due to inability to provide credible
information. The main objective of this study is to ascertain the implication
of published financial reports on investment decision making of Nigerian
Breweries Plc. In the method of data collection, the Annual report of Nigeria
breweries Plc from (2010-2014) were collected which represents the secondary data.
It was carefully analyzed using ordinary least square based multiple regression
in view of the need to understand what published financial report meant, this
study sought to establish published financial report on shareholders' fund. The
findings showed that published financial reports have a significant effect on
shareholders' fund in Nigeria Breweries. The researcher hereby concludes that
investors should be more interested in all aspect of the financial report
because better understanding of all aspect of financial report would lead to
better and more profitable investment returns. This study recommends that
published financial statement should be prepared using such a language and
terms a layman can understand and Investors should attach much importance to
the annual reports so that companies can really know the extent of their
responsibility in preparing the financial statement.
MICHAEL, U (2021). Published Financial Reports And Its Implication On Investment Decision A Study Of Nigeria Breweries Plc. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/published-financial-reports-and-its-implication-on-investment-decision-a-study-of-nigeria-breweries-plc-7-2
UNIVERSITY, MICHAEL. "Published Financial Reports And Its Implication On Investment Decision A Study Of Nigeria Breweries Plc" Mouau.afribary.org. Mouau.afribary.org, 31 Aug. 2021, https://repository.mouau.edu.ng/work/view/published-financial-reports-and-its-implication-on-investment-decision-a-study-of-nigeria-breweries-plc-7-2. Accessed 01 Nov. 2024.
UNIVERSITY, MICHAEL. "Published Financial Reports And Its Implication On Investment Decision A Study Of Nigeria Breweries Plc". Mouau.afribary.org, Mouau.afribary.org, 31 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/published-financial-reports-and-its-implication-on-investment-decision-a-study-of-nigeria-breweries-plc-7-2 >.
UNIVERSITY, MICHAEL. "Published Financial Reports And Its Implication On Investment Decision A Study Of Nigeria Breweries Plc" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/published-financial-reports-and-its-implication-on-investment-decision-a-study-of-nigeria-breweries-plc-7-2