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This study ascertained the effect of corporate governance compositions on timeliness of financial reporting in deposit money banks in Nigeria. Ex Post Facto research design was employed for this study. Purposive sampling was used to... more
This study ascertained the effect of corporate governance compositions on timeliness of financial reporting in deposit money banks in Nigeria. Ex Post Facto research design was employed for this study. Purposive sampling was used to select eight (8) deposit money banks in Nigeria with international authorization. Data were extracted from annual reports and accounts of the sampled banks and analyzed with regression analysis. The results show that board size has a positive and significant effect on financial reporting timeliness deposit money banks in Nigeria, while audit committee independence has a positive but insignificant effect on financial reporting timeliness of deposit money banks in Nigeria. Therefore, on the basis of the findings and conclusions of the study, the study recommends among other things that the number of banks board of directors should play a vital role in how well it can oversee daily operations of the institution and monitor management.
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This study examined the effect of voluntary environmental disclosure on the corporate performance of quoted consumer goods manufacturing firms in Nigeria. The study specifically examined the effect of voluntary disclosure on the current... more
This study examined the effect of voluntary environmental disclosure on the corporate performance of quoted consumer goods manufacturing firms in Nigeria. The study specifically examined the effect of voluntary disclosure on the current ratio and quick ratio. The study used the ex post facto research design. The population of the study was drawn from selected consumer good manufacturing firms quoted on the floor of the Nigerian Stock Exchange. The study was based on secondary sources of data, collected from annual financial reports. The study found that voluntary disclosure is positively related to the current ratio and a quick ratio of quoted manufacturing companies in Nigeria. The study recommended among others that to further fortify corporate governance practices among firms, there should be severe execution of Nigerian Stock Exchange sustainability disclosure guidelines for manufacturing firms.
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This study determine the impact of forensic accounting in combating fraudulent activities in order to ensure good corporate governance practice in Nigerian banking sector. Two hypotheses were formulated in line with the objectives of the... more
This study determine the impact of forensic accounting in combating fraudulent activities in order to ensure good corporate governance practice in Nigerian banking sector. Two hypotheses were formulated in line with the objectives of the study. Survey method was adopted and data were collected through the use of questionnaire. Data collected from sample of fifty five (55) respondents from commercial banks in Awka, Anambra state and were analyzed with five point likert's scale. The two hypotheses formulated were tested using t-test statistical techniques with aid of SPSS version 20.0. The study found among others Forensic accounting is an effective tool for addressing financial crimes in the banking system. Also the forensic audit necessitated in ensuring corporate governance in corporate organizations. Based on this, the study recommended among others the apex bank need to engage the service of forensic accounting to compliment efforts of other professional in reducing fraudulen...
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Manuscript History: The paper set out to ascertain whether e-taxation can resolve the issue of tax evasion and to prevent corrupt practices of tax officials in Nigeria. Three research questions and hypotheses were formulates in line with... more
Manuscript History: The paper set out to ascertain whether e-taxation can resolve the issue of tax evasion and to prevent corrupt practices of tax officials in Nigeria. Three research questions and hypotheses were formulates in line with the objectives of the paper. Data were collected from both primary and secondary sources. Data collected were analyzed by use of means and standard deviation and the three hypotheses formulated were tested by the use of Z-test statistical tool. Findings show that E-taxation can enhance internally generated revenue and reduce the issue of tax evasion in Enugu state. Another finding is that E- taxation can prevent corrupt practices of tax officials. The implication of this is that the extent at which government has gone in inaugurating their e-tax administration is still low hence some tax administrators and tax payers are still not aware of the online tax assessment/collection in Nigeria. Based on the findings, the researcher recommends that the Gove...
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This study is to examine the relationship that exists between the board characteristics and directors tunneling of conglomerates firms in Nigeria. The specific objectives are: to determine the relationship exist between Board size and... more
This study is to examine the relationship that exists between the board characteristics and directors tunneling of conglomerates firms in Nigeria. The specific objectives are: to determine the relationship exist between Board size and related party transaction of quoted conglomerates firms in Nigeria and to ascertain the relationship exist between board independent and related party transaction of quoted conglomerates firms in Nigeria. Ex post fact research design and time series data were adopted . Formulated hypotheses were tested using multiple regression and Pearson Coefficient Correlation with aid of SPSS Version 20.0. The study found that board size has negative significant relationship on related party transaction of conglomerates firms in Nigeria. Another finding is that board independent has positive significant relationship on related party transaction of conglomerates firms in Nigeria. Based on the findings of the study, the study recommends that in order to ensure the ...
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This study assesses the cost management on corporate operating performance in Nigerian manufacturing companies. Specifically, the study ascertained the significant effect between cost management, operating profit and earnings per share of... more
This study assesses the cost management on corporate operating performance in Nigerian manufacturing companies. Specifically, the study ascertained the significant effect between cost management, operating profit and earnings per share of Nigerian corporate firms. Time series data was used. Data for the study were extracted from five years Annual accounts and reports of five(5) food production companies. Simple Regression Analysis was used with the aid of SPSS version 20.0 in testing the hypotheses. The study discovered that there is a significant effect between cost management, operating profit and earnings per share in Nigerian corporate firms. Based on this, the study recommends that Nigerian corporate firms should adopt modern strategic cost management method for effective operation to enable them to be at advantage in competing with their contemporaries in foreign country.
The Nigerian capital market has witnessed obvious transformation over the years and emerging market has also attracted and embraced the attention and the interest of international investors, thus increasing capital inflow thus signifying... more
The Nigerian capital market has witnessed obvious transformation over the years and emerging market has also attracted and embraced the attention and the interest of international investors, thus increasing capital inflow thus signifying an increase within the period. This study seeks to determine the impact of capital market efficiency as a panacea to the economic growth in Nigeria since democratic dispensation using Gross Domestic Product, Credit to Private Sector, Total Investment, and Stock Market Capitalization. Data for the study was collected from CBN statistical Bulletin and a statistical non-parametric test called Analysis of Variance (ANOVA) was used because it measures or tests three or more independent means. SPSS 20.0 Version was used in testing the hypothesis. The result obtained, capital market has positive and significant impact on economic growth in Nigeria. Hence the investment, credit to private sector, and stock market capitalization on GDP has linear relationshi...
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This study assessed the extent to which we can rely on the Altman Model to predict possibility of corporate bankruptcy/ failure in Nigerian banking sector. Data were collected from annual reports and accounts of the banks. Altman... more
This study assessed the extent to which we can rely on the Altman Model to predict possibility of corporate bankruptcy/ failure in Nigerian banking sector. Data were collected from annual reports and accounts of the banks. Altman prediction was applied. Findings show that the Model was capable of measuring accurately the failure potential of sound and healthy banks. Findings also show that Altman bankruptcy prediction Model could have successfully predicted the failure of the banks that actually went under in the Nigerian banking sector. The implication of this finding is that the standard rating system of regulatory Authorities for predicting the extent of failure in the Nigerian banks is still low, hence, Nigeria has had ample cases of bank failures in the past; it would have been prevented if they had applied a model similar to Altman’s z-score. Based on this, researcher recommends that effort should be made by the regulatory authorities and agencies in the financial sector to ...
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This paper assessed the impact of dividend policy on shareholder"s wealth. The objectives of the study are; to ascertain the significant relationship between dividend policy and corporate performance whether it will enhance their... more
This paper assessed the impact of dividend policy on shareholder"s wealth. The objectives of the study are; to ascertain the significant relationship between dividend policy and corporate performance whether it will enhance their profitability and attract investors to the firm. Data obtained from 2006 to 2012 annual reports and accounts of the companies in Nigerian Stock Exchange. Regression (ANOVA) was applied with the aid of statistical package for social sciences (SPSS). Findings show that there is a significant relationship between the companies earning Per Share; dividend Per Share and corporate performance. It is therefore recommends that Organizations should ensure that they have a robust dividend policy in place because it will enhance their profitability and attract investments to the organizations.
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The coronavirus (COVID-19) is having a tremendous impact on global trade and the businesses that drive it. With countries in various stages of lockdown or loosening confinement periods, it is becoming clear that the pandemic has... more
The coronavirus (COVID-19) is having a tremendous impact on global trade and the businesses that drive it. With countries in various stages of lockdown or loosening confinement periods, it is becoming clear that the pandemic has particularly impacted on small and medium enterprises (SMEs). Based on the available information, it shows that during this pandemic, most of these enterprises found it difficulties to operate, especially with small and medium enterprises where these problems are more serious as a result of the considerable decline in the demand for goods and services. This required SMEs to embark on internet-based platforms services as alternative means of sustaining their business during these critical periods. On this note, tax breaks should be given to all SMEs by the government at all level to sustain the growth of small and medium enterprises.
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This study was carried out to assess the effectiveness of electronic banking systems in enhancing service delivery in the Nigerian banking industry. Three research questions and hypotheses were formulated in line with the objectives of... more
This study was carried out to assess the effectiveness of electronic banking systems in enhancing service delivery in the Nigerian banking industry. Three research questions and hypotheses were formulated in line with the objectives of the study. Survey research design was adopted. Data were obtained through the questionnaire administered on a sample of 89 draw from the population of 116 bank officials. Data obtain were analyzed with means and standard deviation. Z-test statistical technique was used to test whether electronic banking system enhancing service delivery in the Nigerian banking industry. The study found that the Electronic banking enhances the customer"s satisfaction of easy access to their financial transactions. Another finding of the study is that electronic banking system curbs the negative consequences associated with the high usage of physical cash in Nigerian economy. The implication of this study is that the banking industry will has it as their role to al...
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This study examined the application of Information and Communication Technology (ICT) in efficiency and speeding up of accounting practice in Nigeria and how this has ensure efficient delivery of accounting works. Survey method was... more
This study examined the application of Information and Communication Technology (ICT) in efficiency and speeding up of accounting practice in Nigeria and how this has ensure efficient delivery of accounting works. Survey method was adopted and questionnaire was the major source of data collection. Data collected were analyzed with five point likert's scale and ANOVA was used to test the formulated hypotheses with the aids of SPSS version 20.0. Findings revealed that the application of ICT has positive effect on efficiency of accounting practice and ensure timely delivery of accounting works in Nigeria. The study thereby recommends that preparers of accounting information should adopt ICT in all aspect of accounting practices for effectiveness.
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This study appraises electronic accounting in ensuring efficiency of operation and accountability in Nigerian tertiary institutions. Hypotheses were formulated in line with the objectives of the study. Survey research design was adopted.... more
This study appraises electronic accounting in ensuring efficiency of operation and accountability in Nigerian tertiary institutions. Hypotheses were formulated in line with the objectives of the study. Survey research design was adopted. Data were obtained through the questionnaire administered on a sample of 160 respondents. Data collected were analyzed with five point likert’s scale and the formulated hypotheses were tested with one sample t-test with aid of SPSSVersion 20.0. This study reveals that electronic accounting system is a necessity in the operations in Nigerian tertiary institutions in this modern era. Another finding is that Lack of accountability and corruption practices by some public office holders are affected by lack of e-accounting system in the operational structure in Nigerian tertiary institutions as the absence of this breeds lack of accountability and corruption in the system. The study recommends amongst others that government should embrace and bring to b...
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This study assessed globalization on the development of commercial banks in Nigeria. Survey research design was adopted. Population for the study was 80 respondents and derived from staff of the five selected commercial banks in Nigeria.... more
This study assessed globalization on the development of commercial banks in Nigeria. Survey research design was adopted. Population for the study was 80 respondents and derived from staff of the five selected commercial banks in Nigeria. Data for the study were obtained from questionnaires and were analyzed with five point likert"s scale. The two hypotheses formulated were tested with paired sample t-test with aid of SPSS statistical package version 20.0. Based on the analysis, the study found that the global technology advancement changes the nature of quality products in the banking system in Nigeria. Also the study discovered that globalization has a positive influence on the activities that leads to the development of Nigerian banking system. Based on the findings, the study recommends that sound policies should be formulate by government through the CBN to favour economic globalization that will enable our local banks to compete favourably with their foreign counterparts.
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This study assesses the investment value of Telecommunication firm so as to determine whether it is comparable with commercial banks in Nigeria, using performance variables; profitability ratios, dividend coverage ratios, debt-equity... more
This study assesses the investment value of Telecommunication firm so as to determine whether it is comparable with commercial banks in Nigeria, using performance variables; profitability ratios, dividend coverage ratios, debt-equity ratios and Efficiency ratios. Ipso- facto and time series research design were adopted. Data were collected from seven years annual reports and accounts of the Telecommunication firms and commercial banks to compute the ratios on Profitability; Dividend cover; long-Term solvency and operating Efficiency. The data collected were analyzed with financial ratios and t-test statistic was used to determine whether there were significant differences in mean of Telecommunication firms as against their commercial banks counterpart. Findings show that there is a significant difference between the profitability of telecommunication firms with that of commercial banks in Nigeria; that there is a significant difference between the coverage ratio of telecommunication...
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Pius V.C. Okoye The paper set out to ascertain whether e-taxation can resolve the issue of tax evasion and to prevent corrupt practices of tax officials in Nigeria. Three research questions and hypotheses were formulates in line with the... more
Pius V.C. Okoye The paper set out to ascertain whether e-taxation can resolve the issue of tax evasion and to prevent corrupt practices of tax officials in Nigeria. Three research questions and hypotheses were formulates in line with the objectives of the paper. Data were collected from both primary and secondary sources. Data collected were analyzed by use of means and standard deviation and the three hypotheses formulated were tested by the use of Z-test statistical tool. Findings show that E-taxation can enhance internally generated revenue and reduce the issue of tax evasion in Enugu state. Another finding is that Etaxation can prevent corrupt practices of tax officials. The implication of this is that the extent at which government has gone in inaugurating their e-tax administration is still low hence some tax administrators and tax payers are still not aware of the online tax assessment/collection in Nigeria. Based on the findings, the researcher recommends that the Government...
This study seeks to assess whether tax as a fiscal policy tool affect the performance of the selected manufacturing companies in Nigeria. To achieve the aims of the study, descriptive method was adopted and data were collected through the... more
This study seeks to assess whether tax as a fiscal policy tool affect the performance of the selected manufacturing companies in Nigeria. To achieve the aims of the study, descriptive method was adopted and data were collected through the use of six years financial accounts of the selected companies. The hypothesis formulated for the study was tested with the ANOVA, using the Statistical Package for Social Sciences (SPSS) version 20.0 software package. The study found that Taxation as a fiscal policy instrument has a significant effect on the performance of Nigerian manufacturing companies. The implication of the finding is that the amount of tax to be paid depends on the companies' performances. Based on the findings, it was recommended among others that the government is required to be sensitive to the variables in the tax environment and other macro-environmental factors so as to enable the manufacturing sector cope with the ever changing dynamics of the manufacturing environ...
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This study examines the social and environmental auditing on sustainable development in Nigeria. The specific objectives are to: ascertain whether social and environmental auditing can be used to determine the perceptions of society... more
This study examines the social and environmental auditing on sustainable development in Nigeria. The specific objectives are to: ascertain whether social and environmental auditing can be used to determine the perceptions of society toward the operations of business organizations in Nigerian economy; evaluate the effectiveness of social and environmental auditing system in investment appraisal of business organizations in Nigerian economy and determine the level of adoption of social and environmental auditing among business organizations in Nigeria. Three hypotheses were formulated in line with the objectives of the study. Survey research design was adopted. Data were obtained from questionnaires and analyzed with five points Likert scale and the three hypotheses formulated were tested using t-test statistical tool with the aid of SPSS statistical package version 20.0. From the analysis, the study found that s ocial and environmental auditing enhanced in determining the perception ...
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This study set out to determine the effect of Tertiary Education Tax Fund (TETFUND) on management in Nigerian tertiary education. Specifically, the study sought to determine whether ETF fund allocations to Nigerian Tertiary Institutions... more
This study set out to determine the effect of Tertiary Education Tax Fund (TETFUND) on management in Nigerian tertiary education. Specifically, the study sought to determine whether ETF fund allocations to Nigerian Tertiary Institutions significantly affect the enrollment ratio to Nigerian Tertiary Institutions in Nigeria. The hypothesis was formulated in line with the objectives of the study. Survey and Time series research design were adopted. Data were obtained from National Bureau of Statistics by use of financial ratios and tested using regression analysis with aid of SPSS statistical package version 20.0. Based on the analysis, the study found that ETF fund allocations to Nigerian Tertiary Institutions have no correlation with the enrollment ratio of Nigerian Tertiary Institutions. Based on the findings, the study recommends that to the intervention agency to achieve meaningful on its constituents fund allocations should commensurate with enrolment ratio of tertiary institutio...
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This study investigates the effect of audit quality on the financial performance of deposit money banks in Nigeria. The study adopted ex post facto research design, data for the study were collected from annual reports and accounts of... more
This study investigates the effect of audit quality on the financial performance of deposit money banks in Nigeria. The study adopted ex post facto research design, data for the study were collected from annual reports and accounts of quoted Nigerian deposit money banks. Regression analysis and coefficient correlation were employed to test the formulated hypotheses. Findings revealed that there is a significant effect between audit quality and financial performance of Nigerian deposit money banks. Based on this, the study recommends among others that the management of deposit money banks in Nigeria should increase the number of foreign directors that have skills, experience and would like to protect their integrity, reputation and professional competence. Ezejiofor, Raymond A. | Erhirhie, Felix E. "Effect of Audit Quality on Financial Performance: Evidence from Deposit Money Banks in Nigeria" Published in International Journal of Trend in Scientific Research and Developmen...
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The study examined the effect of corporate governance on tax avoidance of quoted food and beverage companies in Nigeria. Specifically, the study seeks to determine the effect of CEO duality on effective tax rate of quoted foods and... more
The study examined the effect of corporate governance on tax avoidance of quoted food and beverage companies in Nigeria. Specifically, the study seeks to determine the effect of CEO duality on effective tax rate of quoted foods and Beverage companies. Ex post facto research design was adopted. The population of this study covered twelve (12) Foods and Beverages quoted on the Nigerian Stock Exchange as at 2019. Purposive sampling technique was applied (Non-random sample) in selecting nine (9) companies during the data collection process. Data were collected from annual reports and accounts of the sampled companies from 2013-2019. Data for the study analyzed using descriptive statistics and regression was used to test the relationship between the independent variable and dependent variables. This was done with aid of the e-view was at 95% confidence at five degree of freedom (df). The result shows that CEO duality was significant and had a positive coefficient on tax planning of food ...
This study determined the effect of institutional policy on employee performance of the academic staff of public universities in South-East, Nigeria. Survey research design was adopted. Sample of the study comprises of one thousand seven... more
This study determined the effect of institutional policy on employee performance of the academic staff of public universities in South-East, Nigeria. Survey research design was adopted. Sample of the study comprises of one thousand seven hundred and eighty Academic Staff of the ten selected Universities in South-East, Nigeria. Data was obtained from questionnaire administered on the sampled population. Data obtained was analyzed with the aid of SPSS version 20.0 that involved a regression analysis. The study findings revealed that institutional policy has positive significant effect on employee performance of the academic staff of public universities in Nigeria. Based on this, the researchers recommended that there is need for government and university authorities to formulate and implement institutional policies that are employee driven and recognizes the peculiarities of academic staff in terms of their physical and psychological needs.
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This study ascertained the effect of internal control on the execution of capital projects in Anambra States, Nigeria. The study adopted survey research design. A sample of 118 Auditors and Accountants and staff of various Ministries and... more
This study ascertained the effect of internal control on the execution of capital projects in Anambra States, Nigeria. The study adopted survey research design. A sample of 118 Auditors and Accountants and staff of various Ministries and Departments in Anambra State. The formulated hypotheses were tested using regression analysis. The regression result shows that personnel control (PSC) has a positive and significant effect on the capital project execution in the state. The regression result also shows that management control (MGC) has a positive but insignificant effect on the capital project execution in Anambra state, Nigeria. It therefore recommends that, management control execution should be strengthened up in such regions as these were found to be positively and significantly affecting the rate of capital project execution in the state. Also Public sectors in the state, as well, the use internal control system to minimize the level of the neglected project in the state should...
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This study assesses the effect of operating cash flow on earnings management of Nigerian Banks. The study adopted Ex post Facto research design. The study used sample of fifteen (15) Nigerian banks from 2010 to 2019. Data for the study... more
This study assesses the effect of operating cash flow on earnings management of Nigerian Banks. The study adopted Ex post Facto research design. The study used sample of fifteen (15) Nigerian banks from 2010 to 2019. Data for the study was collected from annual reports and accounts of the banks. Regression analysis was used to test the hypothesis with the aid of E-view 9.0. Based on this, the study revealed that operating activities are not statistically significant and have a negative effect on total accruals earnings of Nigerian banks. The study concludes that the importance of risk management activities is aimed at reducing future cash flow. Based on this, the researcher recommended among others that managers should be more likely to opportunistically boost operating cash flows if the firm has a cash flow forecast like engaging in principal financing source for maintaining the operating capability of the entity in terms of repaying loan and making new investment.
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This study set out to determine the effect of Tertiary Education Tax Fund (TETFUND) on management in Nigerian tertiary education. Specifically, the study sought to determine whether ETF fund allocations to Nigerian Tertiary Institutions... more
This study set out to determine the effect of Tertiary Education Tax Fund (TETFUND) on management in Nigerian tertiary education. Specifically, the study sought to determine whether ETF fund allocations to Nigerian Tertiary Institutions significantly affect the enrollment ratio to Nigerian Tertiary Institutions in Nigeria. The hypothesis was formulated in line with the objectives of the study. Survey and Time series research design were adopted. Data were obtained from National Bureau of Statistics by use of financial ratios and tested using regression analysis with aid of SPSS statistical package version 20.0. Based on the analysis, the study found that ETF fund allocations to Nigerian Tertiary Institutions have no correlation with the enrollment ratio of Nigerian Tertiary Institutions. Based on the findings, the study recommends that to the intervention agency to achieve meaningful on its constituents fund allocations should commensurate with enrolment ratio of tertiary institutio...