Value Relevance of Accounting Information in Pre-Post
Covid 19 Pandemic

Onyenaju Oghenero Cosmas; FCA; Dr Nkechi Ofor

doi:https://doi.org/10.56201/ijssmr.v8.no1.2022.pg32.40

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Value Relevance of Accounting Information in Pre-Post Covid 19 Pandemic

Onyenaju Oghenero Cosmas, FCA, Dr Nkechi Ofor

Abstract

This study examined whether the COVID 19 pandemic improves or not the value relevance of accounting information in healthcare companies in Nigeria. Specifically, the study determined the effect of book value per share on market price per share of healthcare manufacturing companies in Nigeria. The hypothesis was formulated in line with the objective of the study. Ex Post Facto research design, data were extracted from annual accounts of the sampled companies. The data were analyzed and tested with regression analysis via SPSS version 20.0. The study revealed that market value per share does not improve after the COVID 19 pandemic. Imply that emergence of COVID 19 pandemic does not contributes positively on the book value per share of healthcare manufacturing companies in Nigeria. Based on the study's findings, the study In order for Nigerian companies to improve their earnings, they need to place a greater emphasis on business expenses and devise novel strategies for cutting costs.

Keywords

Value relevanceAccounting informationBook value per share and Market value per shares.

References

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Value Relevance of Accounting Information in Pre-Post Covid 19 Pandemic

Abstract

Keywords

References

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