The Value Relevance of Nigerian DMBs Accounting Information.

      Аннотация: The information content of accounting numbers in ascertaining security prices/ returns has gained considerable attention in the finance and accounting literature recently. Consequently, value relevance (VR) research evolved to generate empirical evidence of statistical relationship between accounting numbers and corporate value. This study investigates the VR of accounting information of listed Deposit Money Banks (DMBs) in Nigeria. The study established that accounting information of DMBs in Nigeria is value relevant with adjusted R2 of 11% for the return model and 42% for the price model respectively.

Ключевые слова: accounting information, Dummy Variable, value relevance