Background of the Study
Shareholder value is a critical measure of corporate success, reflecting the returns investors receive from their investments. The adoption of IFRS aims to improve the quality of financial information, which can enhance investor confidence and ultimately increase shareholder value. Understanding the quantitative relationship between IFRS and shareholder value in Nigerian firms is essential for assessing the success of IFRS implementation.
Statement of the Problem
While IFRS adoption is intended to enhance financial transparency and comparability, its impact on shareholder value remains debatable. Factors such as market perception, compliance costs, and changes in financial metrics may influence the extent to which IFRS adoption affects shareholder value. This study investigates the quantitative relationship between IFRS and shareholder value in Nigerian firms.
Aim and Objectives of the Study
Aim:
To analyze the quantitative relationship between IFRS adoption and shareholder value in Nigerian firms.
Objectives:
To evaluate changes in shareholder value metrics before and after IFRS adoption.
To identify key IFRS standards affecting shareholder value in Nigerian firms.
To assess investor perception of IFRS adoption in Nigerian firms.
Research Questions
What changes have occurred in shareholder value metrics following IFRS adoption?
Which IFRS standards have the most significant impact on shareholder value?
How do investors perceive IFRS adoption in Nigerian firms?
Research Hypotheses
IFRS adoption has a positive relationship with shareholder value in Nigerian firms.
Certain IFRS standards significantly impact shareholder value.
Investor perception mediates the relationship between IFRS and shareholder value.
Significance of the Study
This study contributes to understanding how IFRS adoption influences shareholder value, providing valuable insights for investors, policymakers, and corporate managers.
Scope and Limitation of the Study
The study focuses on Nigerian firms listed on the stock exchange. Limitations may include the availability of shareholder value data and varying degrees of IFRS compliance.
Definition of Terms
Shareholder Value: The financial benefits shareholders gain from their investments.
IFRS: International accounting standards promoting transparent financial reporting.
Investor Perception: How investors interpret and react to financial information.
Background of the Study
Flooding is a recurring issue in many parts of Nigeria, and local governments are at the forefront...
Chapter One: Introduction
1.1 Background of the Study...
ABSTRACT
The study examined the effect of English for Occupational purposes on Police officers’ use of English. Specifically the st...
ABSTRACT
The study was carried out to examine the effects of electronic instructional medium on seconda...
Chapter One: Introduction
1.1 Background of the Study
Internally displaced persons (IDPs) are in...
ABSTRACT
The essence of this work has been to determine the effect of non-oil export on economic growth in Nigeria, during the period of...
Background of the Study
Financial control is a critical component of effective management in any organization, including local government...
EXCERPT FROM THE STUDY
As part of its efforts to combat misinformation and to encourage the masses to take the covi...
Abstract
This study is designed to examine how effectively Christian Handbill and posters in Abuja comm...
Background of the Study
Agriculture remains a major economic driver in Kankia Local Government Area (LGA) of Katsina State. The agricultu...