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.


Home                                           Back