Business, Management and Accounting
4 years ago

Accounting Information Boosts Market Share Prices for Nigerian Tech Firms

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SSRN Electronic Journal
Effect of Accounting Information on Market Share Price of Selected Firms Listed on Nigeria Stock Exchange
Nestor Amahalu, Mary-Fidelis Chidoziem Abiahu, Obi Chinyere, Chike Nweze

Paper Summary

The study looked at how accounting information affects the market share price of ICT firms on the Nigeria Stock Exchange from 2010-2016. They found that Dividend per Share, Earnings per Share, and Return on Equity all have a positive and significant impact on the market share price of these firms. This suggests that better accounting information disclosure and improved financial reporting by ICT firms in Nigeria could lead to higher market share prices.

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