VALUE RELEVANCE OF THE INFORMATION CONTENT OF IFRS4 IN INSURANCE CONTRACTS OF LISTED INSURANCE FIRMS IN NIGERIA

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dc.contributor.authorHAFIZ, Mariya Mohammed
dc.date.accessioned2025-01-23T07:52:30Z
dc.date.available2025-01-23T07:52:30Z
dc.date.issued2023-07
dc.description.abstractAccounting standards improvements have been recognized as a fundamental pillar of many economic developments aimed at assuring the more effective operation of capital markets. In the light of this, the implementation of IFRS in the insurance business is intended to ensure that financial reports are consistent with global best practices. Regulators and investors have expressed concern about the decline invalue of publicly traded insurance companies in Nigeria.The major objective of the study is to investigate the value relevance of compliance with insurance contracts disclosure (IFRS 4) of listed insurance companies in Nigeria between 2012 to 2020 using ex-post facto research design. The sample of 15 companies were sampled from the population of 26 insurance companies publicly traded on the Nigerian Stock Exchange(NSE) as of December 31, 2020. The study utilized the Ohlson model and robust ordinary least square regression for as technique for data analysis. The study found that EPS has a positive but insignificant impact on the share prices of listed insurance firms in Nigeria using.The share price of listed insurance firms in Nigeria is positively and significantly affected by their book value. It was also established thatthe level of IFRS4 Compliance doesmatter with regards to EPS of insurance firms, while the level of IFRS4 Compliance is found to be important with respect toBVPS of insurance firms and finally extent of compliance with insurance contracts disclosure (IFRS 4) has positive andsignificant effect on Share Price of insurance companies in Nigeria. The study concludes that compliance with IFRS 4: Insurance Contract is value relevant. Between the two accountingnumbers – book values and earnings, book values are more value relevant. The report recommends, among other things, that Management of insurance businesses should aim toward enhanced IFRS compliance in order to draw more investment into the industry and boost growth and competitiveness.
dc.identifier.citationDEPARTMENT OF ACCOUNTING, FACULTY OF ADMINISTRATION, AHMADU BELLO UNIVERSITY, ZARIA
dc.identifier.urihttps://kubanni.abu.edu.ng/handle/123456789/13116
dc.language.isoen
dc.titleVALUE RELEVANCE OF THE INFORMATION CONTENT OF IFRS4 IN INSURANCE CONTRACTS OF LISTED INSURANCE FIRMS IN NIGERIA
dc.typeThesis
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