IMPACT OF ACCRUAL AND REAL EARNINGS QUALITIES OF FINANCIAL REPORTS ON INFORMATION ASYMMETRY OF FIRMS IN NIGERIA
| dc.contributor.author | Uwaleke, Uchenna | |
| dc.contributor.author | James, R. Adeleye Adefiranye | |
| dc.contributor.author | Funsho, Adisa Kamaluddeen Ibrahim | |
| dc.date.accessioned | 2023-12-10T17:39:36Z | |
| dc.date.available | 2023-12-10T17:39:36Z | |
| dc.date.issued | 2018-06-23 | |
| dc.description.abstract | This study investigated the impact of accrual and real earnings qualities of financial reports on information asymmetry of listed firms that are engaged in production of goods in Nigeria over the period of 2007 to 2016. The objective was to use both measures of financial reporting quality to ascertain the quality of these reports with a view to seeing the extent to which information asymmetry and investment decisions are affected. This was necessitated by the low trading in the shares of these firms when compared with that of the banking sector. Secondary data was obtained from the annual reports and accounts of a sample of 31 of these listed companies in Nigerian Stock Exchange. Panel regression method was employed to test its formulated hypotheses. The results from regression results show that accrual-based measure of financial reporting quality before and after IFRS regime had a significant impact on investors ’ information advantages in buying and selling stocks of these firms in Nigeria while real earnings method of measure of financial reporting quality had no significant impact on investors * information advantages or asymmetry. The study recommended that management of firms should ensure that the financial reports are as qualitative as possible so as not to lose investors and investable funds if the users discover any anomaly in these reports. | en_US |
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| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/691 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Accounting Nasarawa State University Keffi. | en_US |
| dc.subject | Accrual, Financial Reporting Quality, Information Asymmetry, Real Earnings. | en_US |
| dc.title | IMPACT OF ACCRUAL AND REAL EARNINGS QUALITIES OF FINANCIAL REPORTS ON INFORMATION ASYMMETRY OF FIRMS IN NIGERIA | en_US |
| dc.type | Article | en_US |