Investigation on the influence of board involvement on price earning was carried out using both the correlation and the multiple regression models to analyze publicly available data for a sample of 69 firms from 11 sectors quoted in the Nigerian Stock Exchange for the fiscal year 2011. This indicates that the research made use of cross sectional data. Several diagnostic tests have been applied to justify the validity of the results. The empirical investigations reveal that directors’ shareholdings, firm’s age and firm’s leverage are significant. Good corporate governance standards are very essential to every organization and should be encouraged and practiced for the interest of the investors, shareholders and other stakeholders. From a developing economy, this paper is the first of its kind and offers evidence on the influence of board involvement on price earning. This research provides useful information that is of great value to policy makers, academia, corporate firms and other stakeholders.
