eprintid: 315 rev_number: 24 eprint_status: archive userid: 30 dir: disk0/00/00/03/15 datestamp: 2021-01-12 11:17:09 lastmod: 2021-01-12 12:05:43 status_changed: 2021-01-12 11:17:09 type: thesis metadata_visibility: show creators_name: Temitope, Ajibowu Taiwo corp_creators: Supervisor: George E. Iatridis title: The Impact of Financial Statement on Investment Decision: An Empirical Study of Ecobank Nigeria PLC ispublished: unpub subjects: HB divisions: MSCAF full_text_status: public keywords: Financial investments, Banking financial statements abstract: The importance of financial statement on investment to managers of business firms and investors of financial institutions have been undermined due to lack of proper understanding of their relationship. This study aims to assess the impact of financial statement on investment decision making in Ecobank Nigeria Plc. In order to achieve this aim, the study employed both descriptive survey research design which involve the collection of primary data and the ex-post facto research design which involved the use of secondary data in form of annual published financial statement of the bank. The primary data were sourced through the use of online questionnaire and were further analyzed using descriptive and inferential statistical method, while the secondary data were subjected to trend test using the Mann Kendall’s test, and regression analysis for model establishment. The study unraveled that all the selected profitability ratios had negative trend, while profit after tax had a very significant positive trend between 2002 and 2018; the regression model established was found to be weak in making future prediction of profit after tax based on ROE, ROA and cost to income ratio due to the low coefficient of determination and higher p-value of 0.167 than 0.05; while correlation analysis proved that all of the selected profitability ratios negatively affect the profit after tax of Ecobank, although none significantly. In addition, Chi-Square test lead to the conclusion that the component of the annually published financial statement of the bank do not significantly affect investment decision making (p-value = 0.305); and that the credibility of the financial statement has significant impact on investment of the Ecobank Nigeria Plc (p-value = 0.009). 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IOSR Journal of Economics and Finance. 8(3), pp 20-31 APPENDIX I - COVERING NOTE Hi, I am conducting a research on the impact of financial statement on investment decision making in Ecobank PLC, Nigeria. The main objective of this survey is to ascertain the relationship between financial statement and investment decision as well as to assess the trend of key performance index and investment decision component in financial statement of Ecobank Nigeria Plc. The link to the questionnaire is https://docs.google.com/forms/d/e/1FAIpQLSdPHoVfTQ1rw_lUdhI9UjM3mVm6d3mLEklL Hu_-LEwBxBuUYA/viewform?vc=0&c=0&w=1&usp=mail_form_link Thanks for your willingness to participate in this survey. Kind Regards, Ajibowu Taiwo Griffith College, Dublin. citation: Temitope, Ajibowu Taiwo (2020) The Impact of Financial Statement on Investment Decision: An Empirical Study of Ecobank Nigeria PLC. Masters thesis, Griffith College. document_url: http://go.griffith.ie/315/1/79790_Taiwo_Temitope_Ajibowu_Ajibowu_Taiwo_Temitope_166051_1804954982_2021-01-12_11-56.pdf document_url: http://go.griffith.ie/315/2/bibliography.txt