Volume 12 (2016)

1

Research Article

FIRM ATTRIBUTES AND VOLUNTARY ACCOUNTING DISCLOSURE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Ibrahim Yusuf^*, Shehu Usman Hassan, Salisu Mamman

The study examined firm attributes and voluntary accounting disclosure of listed Money Deposit Banks (DMBs) in Nigeria.It investigates whether profitability, liquidity, leverage, firm size and firm age influence voluntary accounting disclosure of listed DMBs in Nigeria. This was necessitated by the conflicting findings documented by studies that have associated firms’ attributes and voluntary...

Dec, 2016 pp. 199-231

2

Research Article

EFFECT OF CENTRAL BANK OF NIGERIA MONETARY POLICY ON ECONOMIC DEVELOPMENT OF NIGERIA

Mazadu Abdullahi Saifullahi^*, Shehu Usman Hassan, Aliyu Mohammed, Abubakar Muhammed Audi

The critics’ key arguments revolve around low monetary policy transparency with regard to the real economy and the time lag between when the monetary policy changes were brought about and the time it takes to have a positive effect in the real economy. The primary objective of this study is to assess the effect of Central Bank of Nigeria monetary policy on the Nigerian economy. Correlational ...

Dec, 2016 pp. 179-198

3

Research Article

EFFECT OF SHARI'AH REVIEW AND FATAWA ON PRODUCT DEVELOPMENT OF NON INTEREST FINANCIAL INSTITUTIONS IN NIGERIA

Aisha Mahmoud HAMMAN^*

The objective of the study is to evaluate the effect of Shari'ah Review and Fatawa on product development of Islamic banks in Nigeria. The data is survey in nature while primary data was employed using questionnaires to collect data. Multiple regression was used as a tool of analysis. It was found that Shari'ah review significantly affects product development positively. This implies that the...

Dec, 2016 pp. 1-19

4

Research Article

FIRM-SPECIFIC DETERMINANTS OF FINANCE LEASE OF LISTED NON-FINANCIAL FIRMS IN NIGERIA

Musa-Mubi, Aliya^*, Mohammed, Lawal

Leasing as a source of financing investments in tangible assets has made significant contribution to capital formation of firms in the Nigerian economy over the years. However, the lease finance industry in Nigeria as a whole, seeks growth in conformity with the levels obtainable in developed economies. In spite of theoretical expositions on capital structure which extensively acknowledged th...

Dec, 2016 pp. 20-43

5

Research Article

MONETARY POLICY AND AGRICULTURE, FORESTRY AND FISHERY FINANCING IN NIGERIA: ERROR CORRECTION MECHANISM APPROACH

Ebire, Kolawole^*, Mailafia Luka

The sole dependency of the Nigeria economy on oil has resulted to adverse effect most especially with the incessant fall in the global price of crude oil. Lots of calls have been made to the government to come up with measures that will increase participation in the agricultural sector. This study was carried out to examine the effect of monetary policy on agriculture, forestry and fishery fi...

Dec, 2016 pp. 164-178

6

Research Article

EFFECT OF ACCOUNTING CONSERVATISM ON INVESTMENT EFFICIENCY OF LISTED CONGLOMERATE FIRMS IN NIGERIA

Lawal Aminu^*, Abubakar Muhammed Audi, Shehu Usman Hassan

This study explores the relationship between Accounting conservatism and investment efficiency in Nigeria. The study model examined the relationship between the independent variables (Accounting conservatism) and the dependent variable of investment efficiency, by applying the simple regression analysis of 10 years data Ordinary Least Squares (OLS) which cover the period of 2006-2015.All of t...

Dec, 2016 pp. 44-57

7

Research Article

BOARD CHARACTERISTICS, OWNERSHIP STRUCTURE AND FIRM VALUE OF LISTED PETROLEUM COMPANIES IN NIGERIA

Samaila Thompson^*, Ahmad Bello Dogarawa, Musa Inuwa Fodio

Corporate governance is increasingly becoming a topical issue in Nigeria especially given the number of events that led to reforms meant to strengthen sound firm practices in the country. The events which include growth and decline in the equity market, expansion in the number of shareholders and a variety of corporate scandals have continued to raise the concern of policy makers, investors, ...

Dec, 2016 pp. 58-107

8

Research Article

CORPORATE STRUCTURE AND EARNINGS MANAGEMENT OF LISTED OIL AND GAS FIRMS IN NIGERIA

Ibrahim Ahmad Tijjani^*, Muhammad Liman Muhammad, Mohammed Tanko, Department of Accounting, Kaduna State University, Kaduna

This paper investigates the relationship between corporate structure and earnings management of listed oil and gas firms in Nigeria for the period 2006 to 2015. Data was obtained from a sample of seven firms out of the population of nine firms through their annual reports and accounts. Corporate structure as an independent variable was proxied by leverage, tangibility, firm size and firm age,...

Dec, 2016 pp. 108-124

9

Research Article

EFFECT OF PRESSURE ON FRAUD IN NIGERIAN DEPOSIT MONEY BANKS

Fasua Kayode Olushola^*, Uwaleke Uche

The recent corporate collapses of large organizations including banks have raised questions about the efficacy of contemporary management and fraud prevention and detective mechanisms in investigating and identifying the cause of the failure. Therefore, the study investigates the effect of pressure on the fraudulent practices in the deposit money banks listed in Nigeria.The population of the ...

Dec, 2016 pp. 140-163

10

Research Article

EFFECT OF INTELECTUAL CAPITAL ON RETURN ON ASSETS OF INSURANCE FIRMS IN NIGERIA

Ngozi Ben Anuonye^*, Sunday Mlanga, Luke N. Onuoha

Intellectual Capital (IC) needs to be measured by insurance entities. The inability of firms to measure and quantify intellectual capital has posed fundamental problems overtime in the value measurement of firms. This study evaluates the effect of HC and IC on the value creation of insurance firms in Nigeria using their ROA. Ex-post facto research design was adopted using primary and secondar...

Dec, 2016 pp. 125-139

11

Research Article

FINANCIAL REPORTING QUALITY AND CORPORATE GOVERNANCE: DO AUDIT COMMITTEE CHARACTERISTICS MATTER?

Abubakar Bawa Wali^*

The role of audit committee (a sub-set of the larger board) in corporate governance and whether its presence affects financial reporting quality have attracted a lot of research and diverse opinions. This study investigated the relationship between financial reporting quality proxied by earnings management and Audit Committee characteristics of listed manufacturing firms in Nigeria. The ...

Jul, 2016 pp. 27-48

12

Research Article

STRATEGIC MANAGEMENT AND PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA

Ademokoya, Alade A^*

Strategic management is important for an overall goal setting and direction of an organization and lays emphasis on long range planning in order to achieve firms set goals and objectives.Despite the presence of highly professional personnel at the top management of Nigerian banks there have been cases of increased competition, poor loan delivery, distress, and unsustainable performance g...

Jul, 2016 pp. 49-66

13

Research Article

BANK LIQUIDITY AND PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Abbas Usman^*, Shehu Usman Hassan, Zainab Dabo

There have been divergent views on the impact of corporate liquidity on profitability of firms and this was a stimulant to this study in order to find out the reality. The main objective of the paper is to examine the impact of liquidity on profitability of listed Deposit Money Banks in Nigeria for the period 2005 2014. The study used ex-post factor and correlational research designs. The ...

Jul, 2016 pp. 1-26

14

Research Article

IMPLEMENTATION OF CASH BASIS IPSAS IN NIGERIA: CHALLENGES AND PROSPECTS

Ahmad Aliyu Abdullahi^*, Ahmad Bello, Shehu Usman Hassan

Government Accounting has been operated based on Cash Accounting and Private Sector Accounting has been predicated on Accrual Basis. Whereas the Accrual Basis of Accounting has been working well in the private Sector, the continued application of the Cash Basis in the Public Sector appears to have thrown up a number of problems, the main ones being non-accountability and transparency, in...

Jun, 2016 pp. 116-143

15

Research Article

EFFECT OF AUDIT QUALITY ON EARNINGS MANAGEMENT OF LISTED OIL MARKETING COMPANIES IN NIGERIA

Gabriel M. Tyokoso^*, Mohammed Habibu Sabari, Ahmad Bello Dogarawa, Hassan Ibrahim

This paper examines the effect of audit quality attributes on earnings management of listed oil marketing companies in Nigeria. Secondary data were extracted from nine companies listed on the Nigerian Stock Exchange (NSE) from 2009 to 2014 and analyzed using panel multiple regression technique. The result of Hausman specification test suggests that the fixed effect regression model is mo...

Jun, 2016 pp. 67-98

16

Research Article

BANK RISK AND PROFITABILITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Monday Samuel Okolo^*, OluwaKemi Oyidi, Abubakar Muhammed Audi

A sound conceived lending policies and careful credit practices are essential for a bank if it is to perform its credit creating functions effectively and efficiently and at the same time minimize or eliminate the risk inherent in any extension of credit. This study examines credit risk, liquidity risk and profitability of listed deposit Money Banks in Nigeria. Profitability was used to repre...

Jun, 2016 pp. 144-163

17

Research Article

BANK ATTRIBUTES AND FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Jamilu Mohammed^*, Murtala Abdullahi

This paper investigates the relationship between bank attributes and financial performance of listed deposit money banks in Nigeria for the period 2010 to 2015. Data was obtained from a sample of fourteen banks out of the population of fifteen banks through their annual report and accounts. Bank attributes as an independent variable was proxied by leverage, deposit growth rate, cash liquidity...

Jun, 2016 pp. 164-177

18

Research Article

FIRM ATTRIBUTES AND ACCOUNTING DISCLOSURE: A SYNTHESIS ANALYSIS

Ibrahim Yusuf^*, Shehu Usman Hassan, Salisu Mamman

Accounting disclosure with its determinants has been challenged by many stakeholders over the years. Some users of financial information have insatiable appetite for more information to be disclosed voluntarily. Others observed that disclosure should be on material information rather than disclosing uninformative information which led to information overloaded. Large firms have strong motives...

Jun, 2016 pp. 178-209

19

Research Article

REGULATORY STRUCTURE, PENSION REFORM AND RETIREES’ WELFARE UNDER THE CONTRIBUTORY PENSION SCHEME IN NIGERIA: A FACTOR ANALYSIS APPROACH

Saheed Zakaree S.^*, Lawal, O. I., Ahmed, Y. O

Social policy experts have long been divided about the optimal features of oldage security, and more recently about the strengths and weaknesses of various pension reforms as it affect the old workers. This paper examines the effects of pension reform and its regulatory structure on retirees’ welfare under the contributory pension scheme in Nigeria. Data were collected through structured ques...

Jun, 2016 pp. 210-223

20

Research Article

IMPACT OF CAPITAL STRUCTURE ON DIVIDEND PAY-OUT RATIO IN UNILEVER NIGERIAN PLC

Mohammed Zubairu^*, Morakinyo Faith Opeyemi

This study examined the impact of capital structure on dividend pay-out ratio. The data used for this study was extracted through secondary source from the annual financial report of Unilever Nigerian plc. The study employed the use of the multiple regression technique which offers explanation on the relationship between a dependent variable and two or more explanatory variables within a...

Jun, 2016 pp. 99-115