Volume 10, Issue 1 (June)

1

Research Article

CORPORATE GOVERNANCE AND PRE-ADJUSTED FINANCIAL PERFORMANCE: EVIDENCE FROM LISTED MANUFACTURING FIRMS IN NIGERIA

Abubakar Ahmed^*, Samuel Dame

Studies on the influence of corporate governance mechanisms on firmperformance often overlook the possibility that reported earnings can bemisrepresented by managers in order to achieve a variety of objectives.This paper examined the relationship between corporate governance oncorporate financial performance when performance is stripped of thediscretionary component of accruals. Secondary data wer...

Jun, 2014 pp. 1-23 10 views 4 downloads

2

Research Article

DO FIRMS SMOOTH THEIR DIVIDEND OVER TIME? EVIDENCE FROM LISTED MANUFACTURING FIRMS IN NIGERIA

Abubakar Nuhu^*

Finance scholars have long engaged in theorizing the tendency of firmsto smooth dividend or not to smooth given the nature of the environmentin which the companies operate. This study examines dividend changesof manufacturing firms in Nigeria. The study develops two hypothesesand applies generalized least square using Least Squares DummyVariable (LSDV) model to analyze the relationship between the...

Jun, 2014 pp. 24-50 10 views 5 downloads

3

Research Article

ANALYSIS OF VALUE CREATION OF ELECTRONIC BANKING IN NIGERIA

Muhammad Auwalu Haruna^*

actThis paper examines trends of banking habit in Nigeria across bankingregimes of regulation and deregulation. The current position assessmentis hinged on historical perspective of banking development in Nigeria,from independence to date. Relevant secondary data covering 1960 to2010 were collected from Central Bank of Nigeria annual reports; thedescriptive trend analysis suggests static behavior ...

Jun, 2014 pp. 51-69 8 views 5 downloads

4

Research Article

MANDATORY ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS AND VALUE RELEVANCE OF ACCOUNTING INFORMATION IN THE NIGERIAN FINANCIAL FIRMS

Mohammed Mustapha Bagudo^*, Nasiru Yunusa, Aisha Oyiza Otori

Prior to mandatory adoption of International Financial ReportingStandards (IFRS), the Nigerian Statement of Accounting Standard (SAS)was considered of low quality and inadequate to address the financialreporting needs of companies in Nigeria. Nigeria adopted IFRS toovercome the weaknesses of SAS and improve the information contentsof financial reports in Nigeria. This study compares the informatio...

Jun, 2014 pp. 70-85 11 views 6 downloads

5

Research Article

DETERMINANTS OF FINANCIAL SUSTAINABILITY OF PENSION FUND ADMINISTRATORS IN NIGERIA

Muhammad Shehu Tijjani^*

Financial sustainability of pension funds are often cited as essentialdeterminants for ensuring the provision of safe and reliable pension forretirees and pensioners. Whether pension fund administrators willbecome part of a lasting solution to the pension financing problems inNigeria or not depends on their ability to continue to grow, expand andsustain themselves over the course of time. Contempo...

Jun, 2014 pp. 86-108 10 views 5 downloads

6

Research Article

POSSESSION FORMATION AND EARNINGS MANAGEMENT OF LISTED CHEMICAL AND PAINTS FIRMS IN NIGERIA

Ahmad Bello^*, Salisu Abubakar, Musa Adeiza Farouk

ractAlmost two decades after the global financial crises of 90’s blamed onthe pervasiveness of earnings management, the concept still dominatesfinancial literature. Ownership spread and control, otherwise known asPossession Formation ought to play an immeasurable role in mitigatingmanagement excessiveness and opportunistic behaviour inmisrepresentation of underlying economic reality of a firm, Thu...

Jun, 2014 pp. 109-135 11 views 5 downloads

7

Research Article

DETERMINANTS OF CAPITAL STRUCTURE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Hussaini Shuaibu^*, Abubakar Muhammed Audi, Shehu Usman Hassan

ractCapital structure can be said to a pivot upon which all banking activityrevolve, and if well determine will support the bank in it operation byproviding a buffer to absorb unanticipated loses from it activity. Thepaper investigated the determinant of capital structure in Nigeriadeposit money banks from 2004 to 2013. The population of the studycomprises seventeen (17) DMBs listed on the Nigeria...

Jun, 2014 pp. 136-157 10 views 4 downloads

8

Research Article

THE MEDIATING EFFECT OF FIRM SIZE ON RAW MATERIAL PROCUREMENT DURING EXCHANGE RATE CHANGES: A STUDY OF LEAN FIRMS LISTED ON THE FTSE 100

Ali Ibrahim Labaran^*

Lean manufacturing practices which started from Toyota ProductionSystem have evolved in to a practice that promoted a rethinking of severalmanufacturing and service operations. As a result, several firms in differentindustries are implementing lean practices to achieve better operation andfinancial result and at the same time keeping pace with the competition.Inventory in terms of raw materials, w...

Jun, 2014 pp. 158-180 5 views 3 downloads

9

Research Article

TAX SYSTEM AND ISLAMIC FINANCE IN NIGERIA: A PROGNOSIS

Mansur Lubabah Kwanbo^*, Mohammed Tanko

The emergence of the adverse effect of the global economic meltdownforced serious minded countries to consider alternative form of finance.Such consideration was not limited to only develop economies like theUnited Kingdom, developing economies like Nigeria considered that too,by consolidating on an already existing legislation. The study’s singularobjective is to prognosize the present indication...

Jun, 2014 pp. 181-203 7 views 4 downloads

10

Research Article

CAPITAL MARKET PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA

Sa’adu, Abdul Hakeem^*

This study examines the impact of capital market performance oneconomic growth of Nigeria for the period 1986 – 2013. Economicgrowth was proxied by gross domestic product while capital marketperformance was represented by market capitalization, total new issues,volume of transaction and listed equities. Data was collected usingsecondary source of data only. The technique employed was multipleregre...

Jun, 2014 pp. 204-224 5 views 2 downloads

11

Research Article

BANK RISKS AND CAPITAL ADEQUACY RELATIONSHIP: A STUDY OF DEPOSIT MONEY BANKS IN NIGERIA

Samaila Thompson^*, Abuh Adah

Capital adequacy is a benchmark for measuring the safety of financialinstitutions against the risks attached to their operations and continuityas a going concern. This study is an attempt to examine the relationshipbetween capital adequacy and bank risks. The proxy of the bank risksismade of risk-weighted asset ratio, deposit ratio and inflation rate for thepurpose of this study. Twelve banks were...

Jun, 2014 pp. 225-234 6 views 3 downloads