1.1INTRODUCTION
Many people think of accounting as a highly technical field which can be understood only by professional accountants. Actually, nearly everyone practices accounting in one form or another on an almost daily basis
We live in an era of accountability. Although, accounting has made sits most dramatic progress in the field of business, the accounting function is vital to every unit of our society. An individual must account for his or her income, and must supply personal accounting information in order to buy a car or home to qualify for a college scholarships to secure a credit card, or to obtain a bank loan. Large corporations are accountable to their stockholders, to government agencies, and to the public. The federal government, the states, the cities, the school district: all must use accounting as a basis for controlling their resources and measuring their accomplishments. Accounting is equally essential to the successful operation of a business, a university, a polytechnic and a social program.
TABLE OF CONTENT
Topics Pages
Chapter 1:Introduction
1.1Background of the Problem
1.2Statement of the Problem
1.3Objectives of the Research
1.4Research Questions
1.5Statement of Hypothesis
1.6Scope of the study and Its Delimitation
1.7Organization of the Report
Chapter 2:Literature Review
2.1Evolution of the Nigeria Capital Market.
2.2Major Participation’s in the Nigerian Capital Market
2.2.1The Central Bank of Nigeria
2.2.2Development Finance Institutions
2.2.3Issuing Houses
2.2.4Stockbroking firms
2.2.5Securities and Exchange Commission
2.2.6Stock Exchange
2.2.7Share Registrars
2.2.8Commercial Banks
2.2.9Insurance companies and Pensims / Provident funds
2.3Dividend
2.3.1Forms of Dividend
2.3.2Factors influencing Dividend Policy
2.3.3Stability of Dividend
2.3.4Relationship between Dividend and Share prices
2.3.5Information content of Dividends
2.3.6Random Walk Theory of Share Price Movements
2.3.7Random Walk and an Efficient Stock Market
2.3.8Varying Degrees Efficiency
2.3.9Week form Tests or Weak form of Efficiency
2.3.10Semi-strong form Tests and semi-strong Efficiency
2.3.11Strong form Tests and Strong Form Efficiency
2.3.12Implications of Efficient Market Hypothesis
2.3.13Empirical Studies of Capital Market Efficiency in Nigeria
2.3.14Dividend Announcement and Capital Market Efficiency.
Chapter 3:Research Methodology
3.1research Design
3.2Sources of Primary & Secondary Data
3.3Population & Sample
3.4Data Collection Techniques
3.5Data Analysis Technique
3.6Hypothesis Test Statistic
3.7Limitation of Research Methodology
Chapter 4:Analysis and Presentation of Data.
4.1Presentation of Primary Data
4.2Analysis and Presentation of Data According to Research Questions
4.3Analysis and Presentation of Data According to hypothesis.
Chapter 5
5.1Summary of Findings
5.2Conclusion
5.3Recommendation
5.4Suggested Research Work