SHARE PRICES, INSIDER DEALINGS AND CREATIVE ACCOUNTING PRACTICES: The Nigerian Listed Non-Financial Services Companies in Perspective.
 /  SHARE PRICES, INSIDER DEALINGS AND CREATIVE ACCOUNTING PRACTICES: The Nigerian Listed Non-Financial Services Companies in Perspective.

SHARE PRICES, INSIDER DEALINGS AND CREATIVE ACCOUNTING PRACTICES: The Nigerian Listed Non-Financial Services Companies in Perspective.


OKOUGHENU, Sunday Azeita , EVBOTA, Cephas Imuentinyan, AMUGHORO, Onome Austin
ABSTRACT
The study investigated the relationship between share prices, insider dealings and creative accounting practices in Nigerian listed non-financial services companies for the year 2008-2016. The study adopted a quantitave research design. The strategy involved a panel regression and data were retrieved from the annual reports and accounts of the studied companies. Rregression was used to analysed the data and it was revealed by random effect regression model that share prices had a positive and significant relationship with creative accounting practices in Nigerian listed non-financial companies at 5% level of significance. In addition, the study found that insider dealings had a significant and negative relationship with creative accounting practices in Nigerian listed non-financial services companies. The study concluded that the reason for the significant relationship beween the share prices, insider dealings with creative accounting practices could be because they had a direct benefit to either the management or the company itself. Hence, the study recommended that; investors need to consider a change in earnings when making investment decisions in order to maximise their returns and good corporate governance practice should be encouraged.

Journal Article
PDF, 137.2 KB
Creative Commons LicenseCreative Commons license
Accounting, Banking and Finance
N/A
Creative Accounting Practices, Share Prices, Insider Dealings, Agency and Signaling Theories.
Christian Bassey
17th April, 2018
17th April, 2018
http://oer.mciu.edu.ng/wp-content/uploads/2015/04/Mr-Cephas-ekpoma-journal-2.docx


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