Background to the Study Business firms, as well as individual units, often need to raise capital. On the other hand, some individuals and firms, even governments have incomes that are greater than their current expenditure, so they have funds available to invest. But only a few individuals and institutions are in the position to provide all forms of finances needed to fund big businesses. The financial system is a framework within which capital formation takes place. In other words, it is the...
ABSTRACT By the author: Aniabari Charley. The study was undertaking to determine the extent of relationship between international financial reporting standards (IFRS) and the preparation and presentation of financial statements having selected banks in Rivers State Nigeria as study units. Given the above, the purpose of the study was to empirically evaluate the influence of IFRS on the preparation and presentation of financial statements. International Accounting standard (IAS 1) on presentat...
ABSTRACT The picture of Africa particularly Nigeria, has been characterized by daunting challenges of economic underdevelopment, political instability, unemployment, poverty and diseases in the 21st century. The scenario called for the introduction of an Indigenous African Approach to problems peculiar to Africa, resulting into the formation of NEPAD with its country office in Nigeria. The study therefore sets out to examine the impact as well as the challenges of NEPAD in promoting sustaina...
BACKGROUND TO THE STUDY Economic growth refers to increase in a country’s Gross Domestic Product, although this differs depending on how national product has been measured. Economic growth must be sustained for a developing economy to break the circle of poverty. Countries usually pursue fiscal policy to achieve accelerated economic growth. Tanzi (1994) observes that fiscal policy applies to the use of fiscal instruments (taxation and spending) to influence the working of the economic syste...
Tax administration in Nigeria lacks coherent policy and this made the economy to remain in a deep structure. The main purpose of this study was to investigate the critical tax administration challenges before Nigeria and pinpoint measures required by authorities and practitioners to meet them in order to achieve these, two hypotheses were formulated to guide the study.
The study is the impact of budgetary control on organisational performance Background to the Study The resources of an organization should be managed effectively and efficiently to achieve its purpose. This implies that the organization should be able to achieve its objectives by minimizing cost. Thus managing implies co-ordination and control of the efforts of the organization for achieving organizational objectives. The process of managing is facilitated when management charts its ...
The study is focused in examining financial constraint and investment decision of firms in Nigeria. The study seeks to reveal various financial constraints that are having effect on firms’ investment decision. The data have been taken from the balance sheet of nine (9) manufacturing firms listed in the Nigerian Stock Exchange for the time period 2008 to 2012. Multiple regression analysis has been done to examine the relationship among firm’s size, dividend payout ratio, firm’s age, capi...
ABSTRACT The topic of dissertation is The Role Of Commercial Banks In Financial Small Scale Industries In Nigeria. A case study of Union Bank of Nigeria PLC. The major objective of the study is to ascertain the extent to which Union Bank of Nigeria PLC has helped to financial small scale industries in Nigeria. The instrument of data collection is questionnaires and research questions which formed the source of primary data, while materials from various published articles, textbooks, Journals ...
The research study examines digital marketing strategies and the performance of non-alcoholic beverages and pastries industry in Nigeria using UAC Foods Limited. Indeed, several literatures were reviewed based on the concept and strategies, theories and empirical review on digital marketing strategies and organizational performance. Thus, descriptive survey research design was adopted and as such three hundred (300) questionnaires were administered to the respondents at UAC Foods Limited w...
This study examined the effect of Monetary Policy on the economic growth of Nigeria from 1990-2011, using Interest rate, Cash reserve ratio, Liquidity ratio, Exchange rate and Monetary policy rate as proxy for Monetary policy and RGDP as proxy for Economic growth. The study used the secondary data from CBN Statistical Bulletin. Ordinary Least Square with SoftwarePackage for Social Science (SPSS) was used as data analyses method. It was revealed from the findings of the study that interest rat...
TABLE OF CONTENTS TITLE PAGE i CERTIFICATION PAGE ii DEDICATION iii ACKNOWLEDGEMENT iv TABLE OF CONTENTS vi LIST OF TABLES CHAPTER ONE: GENERAL INTRODUCTION 1.1BACKGROUND OF THE STUDY1 1.2STATEMENT OF PROBLEM3 1.3RESEARCH QUESTIONS3 1.4RESEARCH OBJECTIVES4 1.5RESEARCH HYPOTHESES 5 1.6SIGNIFICANCE OF THE STUDY5 1.7SCOPE OF THE STUDY 6 1.8LIMITATION OF THE STUDY6 1.9SCHEME OF CHAPTERS7 CHAPTER TWO: LITERATURE REVIEW AND THEORETICAL FRAMEWORK 2.1INTRODUCTION8 2.2DEFINITION OF TERMS8 2.2...
This study seeks to find out the role of the accountant in the management of small ad medium enterprises. The purpose is to highlight the potential contributions the accountant recognised as the engine of growth of the ghanaian economy
ABSTRACT This study examined the impact of government expenditure on economic growth in Nigeria for the period 1985-2014.The study employed Vector Error Correction Model (VECM) to examine the effect that government expenditure has on economic growth in Nigeria and also co-integration test was used to test for long-run relationship between government expenditure and economic growth in Nigeria. The result of the test for this study revealed that government capital and recurrent expenditure cont...
the study access the implication of electronic banking in Nigeria.
The study investigated the impact of external debt on economic growth in Nigeria for the period 2006-2015. Time series data on external debt outstanding, interest rate was used to capture external debt burden. The study set out to test the significant relationship between external debt and economic growth in Nigeria. An empirical investigation was conducted using secondary data: Gross Domestic Product, External Debt outstanding, Interest Rate (financing charges paid on the debt outstanding) f...