APPRAISAL OF ISSUE OF SHARES AS A SOURCE OF FINANCE IN PUBLIC LTD. LIABILITY COMPANIES

the objectives of this research work are as follows:- i. To find out why some companies in Nigerian stock exchange market to enjoy the benefits of limited liability. ii. To find out why shares of some companies are not subscribed for while other companies have over subscription. iii. To find out whether the legal procedures for incorporations are adequate or stringent. iv. To notify whether the Nigerian stock exchange perform their functions adequately.