Kamla-Raj 2004                                                                                        J. Soc. Sci., 9(1): 37-41 (2004)

 

 

Estimating the Cost of Ordinary Share Capital to Quoted

Nigerian Banks

 

Sola Fatokun

 

Department of Management and Accounting, Obafemi Awolowo University,

Ile-ife, Osun State, Nigeria

 

KEYWORDS Estimation; cost of capital; ordinary share; quotation; capital market

 

ABSTRACT The article estimates the cost of ordinary share capital to Nigerian banks quoted on Nigerian Stock Exchange by employing computational methods such as dividend and earnings approaches. It also shows the relationship between the cost of equity capital and the size of the banks and identifies qualitative factors that influence the estimates computed.

 


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