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Effect of corporate reporting on public confidence: empirical evidence from quoted companies in Nigeria

Author

Listed:
  • Clifford Ofurum Obiyo
  • Onuoha Tereser Ezenwa

    (University of Port Harcourt, Nigeria
    University of Port Harcourt, Nigeria)

Abstract

The primary objective of this study is to investigate the effect of Corporate Reporting Practices on Public Confidence in Nigerian firms. We relied on the Nigeria Stock Exchange reports for data. The analyses were done using the Statistical Package for Social Science quantitative data analysis. Corporate Governance was observed to have strong and significant relationship with Investment Decisions and Stock Market Stability, but weak and positive relationship with Economic Growth. We discovered that Audit Reports have strong, positive and significant effects on Public Confidence. We recommended that, management and board of directors should take personal responsibility for accuracy and completeness of corporate financial report.

Suggested Citation

  • Clifford Ofurum Obiyo & Onuoha Tereser Ezenwa, 2012. "Effect of corporate reporting on public confidence: empirical evidence from quoted companies in Nigeria," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 1(2), pages 187-194.
  • Handle: RePEc:ods:journl:v:1:y:2012:i:2:p:187-194
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    Cited by:

    1. Nidhi Sharma Sahore & Anshul Verma, 2017. "Annual Report Disclosures and Their Extent and Variance in India," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 6(1), pages 58-66, February.

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