Abstract
The current research seeks to gather empirical data regarding the effect of earnings management on the firm value of the listed Nigerian oil and gas companies. This research is based on the data collected for a period of 13 years, that is, 2008-2020. Using the annual reports and accounts of listed oil and gas firms, data were collected through secondary sources. As of December 2020, all thirteen (13) listed oil and gas companies on the Nigerian stock exchange made up the study population. A panel data approach was used with random and fixed effect regression. The results confirmed that earnings management has a significant negative effect on firm value. This suggests that investors do recognize earnings manipulation and, as a result, it discounts the firm's value. This usually leads to a low firm value. Therefore, this study recommends that earnings management practice should be constrained effectively due to its negative effect on a firm value.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
