THE IMPORTANCE OF THE NIGERIAN CAPITAL MARKET TO BUSINESS ORGANIZATIONS. (A CASE STUDY OF PORTHACOURT STOCK EXCHANGE)

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ABSTRACT

The Nigerian capital market was established to perform certain functions, which are paramount to the development and growth of the economy. This includes the accumulation of capital from diveresed fund serves and make such available to users of funds.The purpose of this study was to determine the extent to which the development of business organization, to establish the importance of the capital market in servicing the banking and manufacturing sector of business.Hypothesis formulate in this regard are:

Ho1 The Nigerian capital market is of no importance to business organization

The Chi-square was used to test the hypothesis.

Questionnaire were distributed.

The study made the following recommendation

1)Increased awareness should be create especially in rural areas.

2)Compensation of trade transactions should be encouraged.

3)More couraces taking capital market in the tartaric institution should be encouraged.

4.Investigation needs to be carried out on the influences of the Nigerian capital market on business organization.

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THE IMPORTANCE OF THE NIGERIAN CAPITAL MARKET TO BUSINESS ORGANIZATIONS. (A CASE STUDY OF PORTHACOURT STOCK EXCHANGE)

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