IPO is the Initial Public Offering by a company of its securities most often its shares. The
offerings are generally registered under the securities and exchange Act applicable in the
country where the offering is being made. In IPO, shares are often list
Regarding my friend who does not understand why the EAR are difference, the difference is as a result of
the compounding frequency and the payment interval. The more the compounding frequency the more
the EAR. Also shorter the payment interval the lower t
Until recently, the general view of corporation is that their primary purpose is to maximize shareholders
value. This view is supported by most company laws in different countries which has given primacy to
shareholders interest. The finance
Top management and governing boards of Multinational Corporations (MNC) are under pressure to
cultivate good corporate governance practices by investors, exchanges and regulators. There are also
pressure from NGOs and other groups for MNC to cultivate cor
The adoption for International Financial Reporting Standards (IFRS) in Nigeria, has increased the level
of foreign direct investments (FDI) in Nigerian economic.
There are arguments for and against whether the global adoption of IFRS will have any impact
The concept of ownership of words can best be said to be alien to Nigeria. Whilst most students and
faculty members may know the meaning of academic integrity and plagiarism, the concept and practice
are grossly understated or totally misunderstood among
Some factors to consider regarding the creditworthiness of a firm are:
Capacity for debt repayment.
Lenders need assurance that a firm has capacity to repay loan. Some pointers to capacity include
profitability, cash flows, credit history, current debt le
Dividends are corporate profits distributed to shareholders. The board of directors has the
responsibility of determining the amount of dividend that should be paid out the firms profit.
Firms have investor base. The investor base represents the kind of i
Static trade-off theory
As a believer of the static trade-off theory, I will mindful of the level of the additional debt being taken
up by the Frim Z. There is a trade-off between tax benefit and financial distress costs as a firm takes up
more debt over
Time value of money is one of the most important concepts in finance. The concept is used to compare
investment alternatives and to solve problems involving loans, mortgages, leases, savings, and annuities.
Financial managers are not only interested in kn