Value Relevance Of Financial Accounting Information In The Nigerian Capital Market

ABSTRACTThis study investigates the value relevance of financial accounting information in the Nigerian capital market. The objective of the study is basically to ascertain if there exist a relationship (positive or negative) between publicly available financial accounting information and share price movements in the Nigerian bourse.The study employed the Ordinary Least Square (OLS) regression technique. This is especially important for a better understanding of the impact (or relationship) of some specified financial accounting information and share price movements in the Nigerian Stock Excha…