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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

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