ABSTRACT This study explores the Environmental, Social and Governance (ESG) practices of pharmaceutical companies in Ghana. Specifically, the study examines whether pharmaceutical companies in Ghana were engaged in ESG practices, whether they adopt a structured approach to ESG practices, how they disclose and report ESG practices and the challenges (if any) that they face in their ESG practices. A cross-sectional descriptive study design was adopted for the study. The target population for th...
ABSTRACT The study was to investigate the impact of microfinance institutions in the livelihood of women using Sinapi Aba Trust, in Central Market and Bantama sub metro in the Ashanti region. The researcher gathered the data through the use of questionnaires and interviews. Questionnaires were given to women who could read and write to fill. Interviews were conducted with some staff of the MFI about the organization and the performance of Microfinance Scheme. A sample of forty of them was i...
ABSTRACT The auditor's role is conceived as a protector of the market. What distinguishes the profession accounting worldwide is the acceptance of responsibility to act in the interest of the public. This position can only be maintained if the accountants act in agreement with the rules of the profession and demonstrate that their services are qualitative and in compliance with professional and ethical standards. The purpose of this thesis is to present a the system of indicators for the...
Abstract We investigate the firms’ specific attributes that determine the difference in speed of adjust- ment (SOA) towards the cash holdings target in the Scandinavian countries: Denmark, Norway and Sweden. We examine whether Scandinavian firms maintain an optimal level of cash holdings and determine if the active cash holdings management is associated with the firms’ higher SOA and lower adjustment costs. Our findings substantiate that a higher level of off-target cost...
A cashless economy is an environment in which money is spent without being physically carrying cash from one place to another. The need to run a more efficient and productive economy by reducing the amount of cash in circulation brought about the cash-less policy. The aim of this study is to investigate the impact of Central Bank of Nigeria’s cashless policy on economic growth and development of Nigeria. The research was carried out by investigating to find out whether or not cash-less poli...
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...