A SURVEY OF THE DETERMINANTS OF EFFICIENCY OF THE NIGERIAN STOCK MARKET

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A SURVREY OF THE DEPARTMENT OF EFFICIENCY BOF THE NIGERIAN STOCK MARKET.pdf (1.46 MB)

Date

2014-10-21

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Department of banking and finance, nasarawa state university keffi

Abstract

This study surveys the determinants of stock market efficiency of the Nigerian stock market. While numerous, empirical literatures exist as to the test of market efficiency, there are few or . total absence of literatures on the causes efficiency and inefficiency. This study surveys the various factors using questionnaire to collectulata from four hundred and eight nine (489) respondents. The data were analyzed usirig Kruskal Wallis fest. The result shows that the quality of institution ranked highest with a mean of 137. The test of hypothesis indicates a significant difference in the means of the variables. Based on the findings of the study it is recommended that distributors should increase the level of regulations and provide enabling environment to enhance the efficiency of the market

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Keywords

KeywordsMarket Efficiency, Kruskal Wallis test, Liberalization

Citation

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https://keffi.nsuk.edu.ng/handle/20.500.14448/947

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