International records / OpenAlex research

Firm Size and Share Prices of Listed Consumer Goods Firms in Nigeria

The aim of the study was to ascertain the effect of firm size on market price per share of listed firms in Nigeria. The study was underpinned on the Signaling theory. Firm size was proxied using: number of employees, turnover and total assets while share prices was measured by and market price per share of consumer goods firms listed on the floor of Nigeria Exchange Group (NGX). The study employed ex post facto research design. Data were sourced from the published annual reports of the sampled companies for the period of 2013 to 2023. The research adopted the ordinary least square (OLS) regres…