ASSESSMENT OF VALUE RELEVANCE OF FINANCIAL REPORTS IN THE NIGERIAN DEPOSIT MONEY BANKS

ASSESSMENT OF VALUE RELEVANCE OF FINANCIAL REPORTS IN THE NIGERIAN DEPOSIT MONEY BANKS

ABSTRACT

The significance of financial reporting quality cannot be understated in the
financial palace. Over the years, users of financial information place relevance on
the informational content of financial reports in making decisions. However, the
extent to which the information is conveyed in the financial statement remains a
subject of concern. The objective of the study is to enhance the understanding of
value relevance and empirically investigate value relevance of accounting
information of Deposit Money Banks in Nigeria. We limit our research by
emphasizing on value relevance of earnings and equity book values. Multiple
regressions are used as a tool of analysis. The result reveals that the information
contains in the financial statements of Nigerian Deposit Money Banks is of
relevance within the period of the study. The study recommends that all the
predicted variables under consideration should be maintained by the banks in
order to ensure consistence in the value relevance of Nigerian Deposit Money
Banks.

TABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

ASSESSMENT OF VALUE RELEVANCE OF FINANCIAL REPORTS IN THE NIGERIAN DEPOSIT MONEY BANKS