ABSTRACT This project investigates the effect of automated audit on the performance of Auditor in the four selected audit firms in Ogun state (Tunji Labode & Co, Idi-Aba, Abeokuta, Gbemi Shorunke & Co., Chartered Accountants, Isabo-Okeyeke, Abeokuta, SETH Consulting, Isabo, Abeokuta, and Upswing Associates Limited, Asero, Abeokuta, Ogun State). The study adopts a descriptive survey method. The research instrument for data collection was questionnaire. Data were collected from both primary an...
This study investigates the trend and volatility of value added tax revenue and oil tax revenue in Nigeria. It investigates the research questions raised using data on value added tax revenue and oil tax revenue generated in the Nigerian economy during the period 2001 to 2016. The data which were secured from the Central Bank of Nigeria Statistical Bulletin were converted to quarterly data and analyzed using E-View facilities. Empirical analysis of the data intends to highlight how tax re...
The study investigates the influence of International Financial Reporting Standards adoption, using accounting performance measure, to determine the CEO pay in listed banks in Nigeria. The audited annual financial statements of listed banks in Nigeria covering the period of 2009–2015 are analyzed. Fixed effect model, viz panel data analysis is adopted to establish the findings. The findings indicate that adoption of IFRS in Nigeria results in an inverse relationship with accounting performa...
This paper extends the prior studies on corporate performance by empirically exploring the impact of overall corporate governance structure on firm performance. To unveil the objective of this study, firstly corporate governance index is built using Principal Component Analysis with 6 (six) identified corporate governance mechanisms from prior studies and then examines its effect on firms’ performance. This study draws a sample of twenty-four (24) financial companies from the listed financi...
We examine the effect of corruption perception and institutional quality on the performance of firms based on the extracted data for 135 listed companies in Nigeria with timeframe 2013–2017. We first use the Transparency International Corruption Perception Index for the baseline analysis, which evaluates the public officials and politicians’ corruption practices. To capture institutional quality, which depicts the level of law enforcement to curb corruptive practices of the public off...
This study investigates the influence of CFO roles on the implementation of ERM initiatives in a sample of Nigerian financial institutions (between 2013-2017). We develop three distinct factors representing the CFO roles namely CFO power, CFO experience and CFO knowledge using principal component factoring. Like prior work, we measure ERM components simultaneously to capture the extent of sophisticated ERM system. Our findings pose that the CFO involvement in ERM implementation remains mi...
This data article is related to the research article “Chief Financial Officer Roles and Enterprise Risk Management: An Empirical Based Study” Ojeka et al. (2019). The study explores the impact of CFO roles on the execution of ERM strategies sampled with Nigerian financial institutions for the period of 2013-2017. The study develops three distinct indexes representing the CFO roles namely CFO power, CFO experience and CFO knowledge via principal component factoring. The study also measures...
7ABSTRACTThis work evolved out of the need to provide an in-depth understanding of the economicsof debt in Nigeria. This study aims at analysing the effectiveness of external debt oneconomic growth within a span of 1981-2010. The broad objective of this work isspecified to evaluate the impact of external debt stock and debt servicing on economicgrowth. In all, the models were to show the growth relationship between the independentvariables-inflation rate, exchange rate, interest rate, governm...
ABSTRACT This work sets out to examine the relationship between balance of payment and exchange rate. The work is divided into five chapters; chapter 1 gives a general introduction to the subject matter, chapter two gives the general review of literature in the subject matter, chapter 3 gives or states the methodology and specifies the model used for testing. Chapter four runs the required test and provides the result as well as the interpretation and chapter five concludes the findings and r...
ABSTRACT Corporate organizations owe a duty to fully disclose matters concerning theiroperations so as to aid investors in making investment decisions becauseInvestment decision makers rely on information obtained from financialstatements to predict future rates of return. Without the financial statement,there will be a problem of how to determine the profit of a company, andevaluation of performance of a company. The general objective is to ascertain therole of financial statement in investm...
Abstract The study examines the effect of Treasury Single Account on some selected government parastatals in Kano metropolis. Opinion of respondents were seek using a likert scale structured questionnaire. 86 questionnaires were administered to staffs of some selected Federal parastatals in Kano metropolis which include Bayero University Kano, National Youth Service Corps (NYSC) Kano state secretariat, Nigerian Postal service, Federal College of Education (FCE) Kano, and Federal Inland Re...
Background: A financial crisis which was brewing in the United States as a result of defaults in mortgage loans became a global phenomenon by mid 2007. The resultant factors include fall in global stock markets and the collapse of some financial institutions across the globe. To this effect, it will be necessary to determine the impact of the global economic crisis on the financial sector of Nigerian Economy. Methods: The stratified random sampling technique in selecting the samples used for ...
This paper asks the question why technical analysis rather than other theoretical models in active portfolio management. Using the CRSP-Cap Based portfolio returns between 2008 and 2013 we check for the level of weak-form efficiency by using a serial correlation test and an Augmented Dickey –Fuller test. There was mixed evidence, but on the whole there was strong evidence of inefficient market. Also we analysed size effect using technical analysis but do not support the view that small-cap ...
EXECUTIVE SUMMARY Sustainable finance in banking has been a major discuss in recent years as it is generally agreed that the exercise of entrenching social and economic considerations into project finance, going beyond the traditional way of banking that reflects only a sole consideration for financial returns to its shareholders. Hence, the objective of the dissertation will be to understand the responsibilities of banks in sustainable finance development in view of their lending options, de...
TABLE OF CONTENT Title Page Certification Dedication Acknowledgement Abstract CHAPTER ONE (1) Introduction Background of the study Statement of the problem Objective of the Study Research question Significance of the Study Limitation of the Study CHAPTER TWO (2) 2.0, Literature Review CHAPTER THREE (3): Introduction to Research Methodology Research Design Method of Data Collection Primary Source of Data Collection Secondary Source of data collection Adequacy of Data Population of the S...