Effect of Mandatory International Reporting Standards on Stock Prices of Manufacturing Firms Listed on the Nigerian Stock Market

• Post by: airjournal
• August 18, 2022
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This study examined the effect of mandatory adoption of IFRS on stock prices of manufacturing firms listed on the Nigerian stock market, and to determine whether there is a significant difference in stock prices given the mandatory adoption of IFRS by firms in 2012. Findings from the study, therefore, imply that the mandatory adoption of IFRS has a positive and significant effect on stock prices of manufacturing firms listed on the Nigerian Stock Exchange and that there is a significant difference in stock prices of manufacturing firms given the mandatory adoption of IFRS in 2012.

Keywords: Mandatory International Reporting Standards; Adoption of IFRS; Stock Prices; Manufacturing Firms

Authorship: Chukwuani, V. N. PhD. | FULL PDF