期刊名称：Journal of Emerging Trends in Economics and Management Sciences
电子版ISSN：2141-7024
出版年度：2017
卷号：8
期号：1
页码：62-74
出版社：Scholarlink Resource Centre
摘要：The study examined the trend of earnings quality of listed companies in Nigeria. Secondary data were employed for the study. Purposive sampling technique was used to select 65 financial and non-financial firms quoted on the Nigerian Stock Exchange (NSE). These comprised 15 financial firms and 50 non-financial firms selected on the basis of continuity in transaction and availability of complete data during the study period. Data were sourced from the audited Annual Reports and Accounts of the sampled firms and from the NSE factbooks. Data were analysed using content analysis, mean, percentages, graphs and tables. The trend analysis results showed that previous earnings quality of companies listed in Nigeria have potential positive impact on their current and subsequent earnings quality. The quality of earnings improved between 2006 and 2007 but declined in 2008. However, there was consistent improvement in the earnings quality in year 2009, 2010 and 2012 with a decline in 2013. The result further revealed that IT Services sector had the best average earnings quality performance, followed by packaging and containers, construction and chemical while agric/agro-allied and food beverages had the least average earnings quality. The study concluded that stock market participants including the shareholders, potential investors, financial analysts and other users of audited financial statements would enhance the quality of their economic evaluation and decisions by painstakingly analysing the comparative earning quality trends of various companies.
Loading...
