OWNERSHIP STRUCTURE AND FIRMS’ VALUE OF SELECTED CONSUMER MANUFACTURING FIRMS LISTED ON THE NIGERIAN STOCK EXCHANGE
Keywords:
Managerial ownership, Institutional ownership, foreign ownership, Firm valueAbstract
The study focused on effect of managerial ownership, institutional ownership and foreign ownership on firm value among selected consumer goods manufacturing firms on the Nigeria Stock Exchange. The study covers the period of 2011 2020. Ex-post facto research was used in this study. The participants in this study were twenty-eight consumer products manufacturing companies that were publicly traded on the Nigerian Stock Exchange. Our sample population of fourteen consumer products manufacturers was chosen using a purposeful sampling strategy. This study observed that there is significant relationship managerial ownership, institutional ownership and foreign ownership and firm value of selected consumer goods manufacturing firms on the Nigeria Stock Exchange. The study recommends among others that government should make and implement policies that will induce direct foreign investment in our domestic firms. This will help to increase market values of our firms.Downloads
Published
27-08-2021
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Articles
How to Cite
OWNERSHIP STRUCTURE AND FIRMS’ VALUE OF SELECTED CONSUMER MANUFACTURING FIRMS LISTED ON THE NIGERIAN STOCK EXCHANGE. (2021). Journal of Contemporary Issues in Accounting, 2(1), 10-20. https://journals.unizik.edu.ng/jocia/article/view/927