Faculty of Management Sciences

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Browsing Faculty of Management Sciences by Author "Irinyemi, Ademola"

Now showing 1 - 4 of 4
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    An Empirical Analysis of Pre and Post Initial Public Offering (IPO) Performance
    (International Journal of Current Research, 2016-05-17) Irinyemi, Ademola
    This study investigates the impact of pre and post Initial Public Offering (IPO) Performance on selected firms. The data analysis ranges from 1 to 300 observations within a model specification framework on a Multivariate methodology. Two models were formulated to carry out the analysis on an Eview7 statistical package. The objective was to find out the position of the selected firms before and after IPO has been initiated and do a comparative analysis. From the analysis, Model two was seen as the best model to carry out a research of this nature because the independent variables such as age of company, total asset, ownership concentration, CEO stockholdings, average return on capital employed and the industry in which the company operates are regarded as the factors that influences IPO performance. The result shows that all the variables are positive showing a direct relation with IPOR. The coefficient of determination shows 52.9% indicating that the model is good fit and the Fstatistics of 54.8558 shows that all the variables in the model are statistically significant. However, the Durbin Watson statistics shows the presence of positive serial correlation. The study therefore recommend that firms should uphold the principles of good corporate governance and also ensure they disclose relevant information to the public in terms of CEO stockholdings in the company so as to build public confidence and to create and maintain good business imag
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    An Empirical Analysis of the Impact of Private Port Operators in International Trade Development
    (University of PortHarcourt, 2017-12-15) Irinyemi, Ademola
    This study is to empirically investigate the impacts of private port operators in facilitating international trade in a developing economy as it is noted that no nation can achieve economic prosperity in isolation. The objective is to empirically analyze the contribution of private port operators on international trade using proxied variables on a simple linear regression analysis. The study shows that private port operators is statistically significant to international trade as international trade aids economic growth and development. The coefficient of determination is however high indicating that the linear mode is a good fit and that the independent variable which is private port operators are explained by the dependent variable. The study found out that the activities of private port operators has significantly improved the process of cargo handling and transshipment of goods over international waters in a developing nations
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