Tag Archives: Earnings Per Share. Price Earnings Ratio

IFRS Adoption and Firms Performance: A Comparative Analysis of Quoted Food and Beverage Manufacturing Firms In Nigeria (Published)

This paper examines the impact of IFRS on market performance of food and beverages manufacturing firms in Nigeria. Earnings Per Share, Price Earnings Ratio and Dividend Yield were selected as performance criterion. Data were collected and divided into pre and post IFRS- Comparative analysis and T test was done to ascertain influence of pre and post IFRS adoption on market performance of the firms. Findings indicate that differences on market performance between Pre and Post IFRS periods are not significant suggesting a weak correlation between adoption of IFRS and market performance of quoted food and beverage manufacturing firms in Nigeria Stock Exchange

Keywords: Dividend Yield, Earnings Per Share. Price Earnings Ratio, Food and Beverage Manufacturing, INFRS Adoption, Market Performance