AN ASSESSMENT OF THE IMPACT OF PRIVATIZATION ON THE NIGERIAN CAPITAL MARKET
ABSTRACT
This study examined the impact of privatisation on the Nigerian Capital Market. The main research questions developed were to see whether the Capital Market played an important role in the process of privatisation, whether the privatisation programme brought about efficiency in the privatised parastatals and whether there were increases in the profits of companies quoted on the stock exchange as a result of privatisation. The methods of data collection adopted were descriptive and the analytical tools used were arithmetic mean and percentages. The main findings of the research were that the volume of trade in the Nigerian Capital Market increased tremendously, mainly as a result of the privatisation exercise. There was a significant increase in the profit and output of the selected enterprises after privatisation and efficiency increased significantly. The recommendations that were made were that measures should be taken by Bureau of Public Enterprise (BPE) and National Orientation Agency (NOA) to educate members of the public about the activities of the Capital Market and the need for deregulation of the Capital Market.
Description: A THESIS SUBMITTED TO THE POSTGRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTER OF SCIENCE DEGREE IN ACCOUNTING AND FINANCE.............ORDER FOR COMPLETE PROJECT MATERIAL NOW!! .
