Osamwonyi, I.O.Ogbeide, Sunny O.2023-10-042023-10-042015Ogbeide, S. O., & Osamwonyi, I. O. (2015). Corporate Governance and Movement of Stock Price in Nigerian Quoted Firms. Management Sciences Review (MSR), 6(1&2),http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1437The broad objective of the study is to examine corporate governance and movement of stock price in Nigerian quoted firms. Specifically, the study examines the impact of Audit committee size, Ownership concentration, Board independence and Managerial ownership on share price movement. The cross-sectional research design is adopted in the methodology of the study. The population consists of all quoted companies in the Nigerian Stock market while a sample of twenty(20) companies was examined for 2008-2012 financial year. Secondary data from financial statement of the sampled companies was used for the study. The data analysis techniques used is regression analysis using the ordinary least squares techniques. Our study found that Audit committee size does not exert any significant impact on share price, Ownership concentration exerts a significant impact on shore price, the effect of Board independence on Share price is significant, Managerial ownership does not impact significantly on share price, changes in ownership concentration impacts significantly on share price and changes in managerial ownership exert a significant impact on share price. The study recommends that based on the empirical evidence provided there is the need for stock market players to incorporate corporate governance issues in their models for estimating the fair value of stock price return and evaluating the moderate/or long term performance of managed portfolio.enCorporate GovernanceStock PriceNigerian Quoted FirmsAudit Committee SizeOwnership ConcentrationBoard IndependenceManagerial OwnershipArticle