Accruals quality and share price of non-financial firms listed on the Nigerian exchange
by Sebastine Abhus Ogbaisi; Edosa Joshua Aronmwan
African J. of Accounting, Auditing and Finance (AJAAF), Vol. 8, No. 2, 2022

Abstract: The study examined accruals quality and share price of firms in Nigeria within the period 2010 to 2020. Seventy-six firms constituted the sample size. Ordinary least square multiple regression was used for the data analysis. The study revealed that accruals quality has a positive significant impact on share price. The study further revealed that with the interaction of accruals quality with the bottom-line metrics of book value per share and earnings per share, accruals quality also has a positive significant impact on share price of firms respectively. The study recommended that discretionary accruals should be reduced as much as possible by management in the preparation of financial statements so as to enhance the quality of earnings which will in the long run impact on share price.

Online publication date: Fri, 20-Jan-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the African J. of Accounting, Auditing and Finance (AJAAF):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com