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Comparative Study of Falling Reliance on Corporate Reports

DOI: 10.5923/j.ijfa.20120101.01

Keywords: Quoted and Non-Quoted, Corporate Reports, Reliance, Investment decisions, Emerging Economics

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Abstract:

This paper carried out a comparative study of falling reliance on quoted and non-quoted corporate reports from 2000 to 2010 in Nigeria. The study was anchored on analysis of primary data obtained via questionnaires from the major stakeholders of Company. These data were analysed using version 16 SPSS ANOVA, Univariate and Multivariate statistical tools. The research elicited major causes of falling reliance on corporate reports but none was found to have a significant effect. It was found out that corporate stakeholders rely more on quoted than non-quoted corporate reports. It was also found out that the effects on falling reliance are significantly impacting on corporate well-being for both quoted and non-quoted companies.

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