Role Of Financial Statement On Investment Decision Making (A Case Study Of First Bank Nigeria Plc)
ABSTRACT
Corporate organizations owe a
duty to fully disclose matters concerning their operations so as to aid
investors in making investment decisions because Investment decision makers
rely on information obtained from financial statements to predict future rates
of return. Without the financial statement, there will be a problem of how to
determine the profit of a company, and evaluation of performance of a company.
The general objective is to ascertain the role of financial statement on
investment decision making. The study was based on survey and questionnaire was
used to gather information. There was a total population of 70 personnel but
the sample size was 60 using Taro Yamane's formula. The methods used in
analysing this study is ordinary least square method. We discovered from the
test of hypotheses that financial statement was relied upon in investment
decision making and financial .statements are useful for forecasting company's
performance. Conclusions were drawn based on the findings that financial
statement plays a vital role on investment decision making and recommends that
no investment decision should be taken without the consideration of a companys financial
statements.
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NWOKOCHA, O (2021). Role Of Financial Statement On Investment Decision Making (A Case Study Of First Bank Nigeria Plc). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/role-of-financial-statement-on-investment-decision-making-a-case-study-of-first-bank-nigeria-plc-7-2
OBINNA, NWOKOCHA. "Role Of Financial Statement On Investment Decision Making (A Case Study Of First Bank Nigeria Plc)" Mouau.afribary.org. Mouau.afribary.org, 31 Aug. 2021, https://repository.mouau.edu.ng/work/view/role-of-financial-statement-on-investment-decision-making-a-case-study-of-first-bank-nigeria-plc-7-2. Accessed 28 Nov. 2024.
OBINNA, NWOKOCHA. "Role Of Financial Statement On Investment Decision Making (A Case Study Of First Bank Nigeria Plc)". Mouau.afribary.org, Mouau.afribary.org, 31 Aug. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/role-of-financial-statement-on-investment-decision-making-a-case-study-of-first-bank-nigeria-plc-7-2 >.
OBINNA, NWOKOCHA. "Role Of Financial Statement On Investment Decision Making (A Case Study Of First Bank Nigeria Plc)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/role-of-financial-statement-on-investment-decision-making-a-case-study-of-first-bank-nigeria-plc-7-2