BOARD CHANGES AND THE EFFICIENCY OF THE NIGERIAN STOCK MARKETDownload This Article
This study provides some evidence on shareholders wealth effects of management board changes in Nigeria from 1997 to 2005. The study presents the total wealth effect and also distinguishes the wealth effects of announcements of new appointments, board resignations and retirements, death and mixed announcements.
Key words: Board Changes, Stock Market, Shareholders Wealth Effect
How to cite this paper: Adelegan, O. (2007). Board changes and the efficiency of the Nigerian stock market. Corporate Board: role, duties and composition, 3(2), 7-23. https://doi.org/10.22495/cbv3i2art1