Griffith Dissertations
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Browsing Griffith Dissertations by Author "Akpan, Usoroh Idemete"
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Item The Impact of Financial Statement Analysis on Investing and Management Decision Making. A case of Allied Irish Bank Group Plc.(Griffith College, 2019) Akpan, Usoroh IdemeteThis research work was carried out with the aim of analysing the impact of financial analysis on investing and management decision making: A case study of Allied Irish Bank Group Plc. The problem of financial reporting is not a recent issue; therefore, several committees were set up to mitigate on these loopholes especially after the collapse of Enron and WorldCom. The study was anchored on the asymmetric information theory. The research is purely empirical with both primary and secondary data for the study sourced from the management of Allied Irish Bank Group Plc and the 2018 audited annual report of the company respectively. Descriptive statistics was used in analysing descriptive data from the primary survey while chi-square was used in testing the hypotheses of the study by developing a contingency table which took into consideration different variables to support the research objectives. The result of the hypotheses showed that; financial analysis is the best yardstick for measuring management efficiency in the absence of new project, financial statement analysis arriving at previous dividend payment does not influence the choice of investors in Allied Irish Bank Group Plc, financial statement analysis does indicate the good performance of an organisation, that there is a positive correlation relationship between profit after tax and proposed dividend of Allied Irish Bank Group Plc and lastly there is a positive correlation in the price movement between Allied Irish Bank Group Plc and Bank of Ireland (Its peer) . The study among others recommended that the bank should continuously review its mid to long-term strategy as this will in turn create value for the company which will encourage investors and shareholders.