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Research Article Open access CC BY 4.0

Financial Reporting Quality and Market Performance of Listed Deposit Money Banks (DMB) in Nigeria (2008-2017)

Owolabi Sunday, Okere Wisdom, Adeleke Ademola

Journal of Economics, Management and Trade · pp. 1–10 · Published 16 Jul 2020

10.9734/jemt/2020/v26i530251

Abstract

This research studied the association amid financial reporting quality and market performance (TOBINQ) of quoted deposit money banks in Nigeria. Using panel methodology in addition to other econometric tests (descriptive statistics test, correlation analysis, and Hausman test), this study discovered a significant relationship amid financial reporting quality (earnings predictability, timeliness) and market performance (TOBINQ) in listed deposit money banks in Nigeria. Also, timeliness (TML) has a negative and insignificant relationship with market performance (TOBINQ) of quoted deposit money banks in Nigeria. Furthermore, earnings predictability has a negative and significant relationship with performance (TOBINQ) of listed deposit money banks in Nigeria. This study recommended that management of deposit money banks ought to guarantee that they implement best practices in the process of financial reporting.

Financial reporting profitability TOBINQ agency theory performance

Cited by 2

Digitalization of Accounting Practices and Financial Reporting Quality: The Experience of Professional Accountants in Nigeria

Abdullahi Mohammed Ndakutigi, Ejike Sunday Okoroigwe · International Journal of Latest Technology in Engineering Management & Applied Science · 2025

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