Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n122961
Maniragaba Nyandera Olivier
Les ménages ruraux connaissant des difficultés à améliorer leurs conditions de vie, faute de la désarticulation de l’économie paysanne ; nous nous sommes proposés d’identifier les facteurs de l’économie paysanne entrant en ligne de compte de l’amélioration des conditions de vie des ménages en territoire de Masisi, en évaluer l’effet sur les conditions de vie et mettre sur pied des politiques économiques appropriées. Ainsi, pour aboutir aux faits concluants, l’Analyse en Correspondance Multiples faite sur base des données collectées sur terrain auprès des ménages, nous a servi. En effet, les résultats révèlent que l’économie paysanne a un effet significatif sur les conditions de vie des ménages et les facteurs dont la quasi-absence des routes de dessertes agricoles praticables, l’inutilisation de la technologie de l’information et communication pour la plupart des ménages, la non mélioration du revenu agricole, la quasi-absence des marchés agricoles et la difficulté à écouler les produits ; sont des facteurs ne permettant pas l’amélioration des conditions de vie des ménages en territoire de Masisi. Partant, l’une des premières politiques économiques consiste à construire de nouvelles routes de dessertes agricoles pour les villages desservis et améliorer celles existantes en vue du décloisonnement, connecter les localités aux marchés et doter les zones rurales d’infrastructures de transport adéquates permettant l’écoulement des produits agricoles, promouvoir le recours des ménages à la Technologie de l’Infrmation et Communication tout en raccordant ces derniers en énergie électrique, eau, hygiène et assainissement et, regrouper les petits villages en centres en vue de la construction des infrastructures d’intérêt commun. Outre ces politiques, il sied aussi de consolider progressivement l’industrie naissante en vue de la compétitivité des produits.
{"title":"Economie paysanne et conditions de vie des ménages en territoire de Masisi, RDC","authors":"Maniragaba Nyandera Olivier","doi":"10.37745/ejaafr.2013/vol10n122961","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n122961","url":null,"abstract":"Les ménages ruraux connaissant des difficultés à améliorer leurs conditions de vie, faute de la désarticulation de l’économie paysanne ; nous nous sommes proposés d’identifier les facteurs de l’économie paysanne entrant en ligne de compte de l’amélioration des conditions de vie des ménages en territoire de Masisi, en évaluer l’effet sur les conditions de vie et mettre sur pied des politiques économiques appropriées. Ainsi, pour aboutir aux faits concluants, l’Analyse en Correspondance Multiples faite sur base des données collectées sur terrain auprès des ménages, nous a servi. En effet, les résultats révèlent que l’économie paysanne a un effet significatif sur les conditions de vie des ménages et les facteurs dont la quasi-absence des routes de dessertes agricoles praticables, l’inutilisation de la technologie de l’information et communication pour la plupart des ménages, la non mélioration du revenu agricole, la quasi-absence des marchés agricoles et la difficulté à écouler les produits ; sont des facteurs ne permettant pas l’amélioration des conditions de vie des ménages en territoire de Masisi. Partant, l’une des premières politiques économiques consiste à construire de nouvelles routes de dessertes agricoles pour les villages desservis et améliorer celles existantes en vue du décloisonnement, connecter les localités aux marchés et doter les zones rurales d’infrastructures de transport adéquates permettant l’écoulement des produits agricoles, promouvoir le recours des ménages à la Technologie de l’Infrmation et Communication tout en raccordant ces derniers en énergie électrique, eau, hygiène et assainissement et, regrouper les petits villages en centres en vue de la construction des infrastructures d’intérêt commun. Outre ces politiques, il sied aussi de consolider progressivement l’industrie naissante en vue de la compétitivité des produits.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127072158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n127690
Chinekwu Doris Chikezie-Aga, Henry Oluchukwu Ogboani, O. Inyiama
The Niger Delta Region in Nigeria's economy has been a focus of mining companies in recent years, and this has caused economic instability, thus this research looks into the relationship between earnings from mining and Niger Delta's overall growth. The study focused on which factors influence the profits of Mining businesses in Nigeria, and especially looked at how the values of crude petroleum and gas, solid mineral, manufacturing, and agriculture are influencing profit. The research drew information from annual reports and other documents produced by oil companies. According to the findings, the value of crude petroleum and gas (VCPG) has a role in determining the personal income of mining businesses in Nigeria. Per capita income will rise during the duration of the research because of VCPG's positive effect on the two mining businesses. There's a correlation between the value of mineral minerals and mining businesses' per capita income in Nigeria. It follows that VSM has increased the size of the per capita revenue of the companies substantially. The worth of the building has a considerable influence on the income of mining organizations in Nigeria. In addition, we have evidence that the Value of Manufacturing decreases the price of a company's ordinary share throughout the study. The relationship between the value of agriculture and mining business per capita income in Nigeria is negligible. Based on the findings, the researcher recommends that the government develop consistent policy guidance, which will create an enabling environment for the private sector to invest more in mining and help the country with new jobs and greater wealth, among other things.
{"title":"Effect of Mining Generated Revenue on the Economic Development of the Niger Delta Region of Nigeria","authors":"Chinekwu Doris Chikezie-Aga, Henry Oluchukwu Ogboani, O. Inyiama","doi":"10.37745/ejaafr.2013/vol10n127690","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n127690","url":null,"abstract":"The Niger Delta Region in Nigeria's economy has been a focus of mining companies in recent years, and this has caused economic instability, thus this research looks into the relationship between earnings from mining and Niger Delta's overall growth. The study focused on which factors influence the profits of Mining businesses in Nigeria, and especially looked at how the values of crude petroleum and gas, solid mineral, manufacturing, and agriculture are influencing profit. The research drew information from annual reports and other documents produced by oil companies. According to the findings, the value of crude petroleum and gas (VCPG) has a role in determining the personal income of mining businesses in Nigeria. Per capita income will rise during the duration of the research because of VCPG's positive effect on the two mining businesses. There's a correlation between the value of mineral minerals and mining businesses' per capita income in Nigeria. It follows that VSM has increased the size of the per capita revenue of the companies substantially. The worth of the building has a considerable influence on the income of mining organizations in Nigeria. In addition, we have evidence that the Value of Manufacturing decreases the price of a company's ordinary share throughout the study. The relationship between the value of agriculture and mining business per capita income in Nigeria is negligible. Based on the findings, the researcher recommends that the government develop consistent policy guidance, which will create an enabling environment for the private sector to invest more in mining and help the country with new jobs and greater wealth, among other things.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117215510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n126275
Iloeje Jane B., Okwo Ifeoma Mary
This study examined the impact of Treasury Single Account (TSA) on the public finance management in Nigeria. The study investigated how the implementation of TSA in Nigeria affected revenue collection, public cash management, federation account allocation and corruption control in Nigeria. The paper used secondary data collected from Central Bank of Nigeria statistical bulletin and transparency international from 2010-2014 (pre adoption period) to 2015-2019 (post-adoption period). T-test statistical technique was employed to analyze the data. The findings of the study revealed that TSA has a negative and insignificant effect on government revenue, public cash management, federal account allocation, as well as corruption control in Nigeria. The study recommends that government should strengthen the system of implementation of TSA in Nigeria and all resources of leakages to total government revenue should be investigated forensically and such loopholes filled. Moreover, government should devise other means of cash management and reduce so much reliance on TSA implementation.
{"title":"Impact of Treasury Single Account On Public Finance Management in Nigeria: Pre and Post Implementation Analysis","authors":"Iloeje Jane B., Okwo Ifeoma Mary","doi":"10.37745/ejaafr.2013/vol10n126275","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n126275","url":null,"abstract":"This study examined the impact of Treasury Single Account (TSA) on the public finance management in Nigeria. The study investigated how the implementation of TSA in Nigeria affected revenue collection, public cash management, federation account allocation and corruption control in Nigeria. The paper used secondary data collected from Central Bank of Nigeria statistical bulletin and transparency international from 2010-2014 (pre adoption period) to 2015-2019 (post-adoption period). T-test statistical technique was employed to analyze the data. The findings of the study revealed that TSA has a negative and insignificant effect on government revenue, public cash management, federal account allocation, as well as corruption control in Nigeria. The study recommends that government should strengthen the system of implementation of TSA in Nigeria and all resources of leakages to total government revenue should be investigated forensically and such loopholes filled. Moreover, government should devise other means of cash management and reduce so much reliance on TSA implementation.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132314895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n87103
Martins Sigah Jacob, Ochuko Joy Edheku, Olalekan J. Obembe
This study was carried out with the aim to examine internal audit practices and financial performance of construction companies in Nigeria. In order to actualize the objectives of the study, various literature and theoretical issues was discussed. The instrument used for the purpose of this research was gathered through primary source. The researcher administered a total of two hundred (200) questionnaires to respondents, out of which one hundred and eighty-eight (188) was retrieved and was used for the presentation and analyses. The hypotheses were tested using Ordinary Least Square (OLS) regression technique. The findings from analysis revealed among other things that there is a positive and significant relationship between size of the internal audit, experience of the internal audit, qualification of the internal audit and Financial Performance. The study also revealed that there is a positive and insignificant relationship between independence of internal audit and Financial Performance. In line with the findings, we recommend that the internal auditor should have maximum independence from the industry they work in. The internal audit activities must be positioned in such a way that it may obtain cooperation from industry that is being audited that have free, unrestricted access to all functions, records, property and personnel including those charged with governance.
{"title":"Internal Audit Practices and Financial Performance of Construction Companies in Nigeria","authors":"Martins Sigah Jacob, Ochuko Joy Edheku, Olalekan J. Obembe","doi":"10.37745/ejaafr.2013/vol10n87103","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n87103","url":null,"abstract":"This study was carried out with the aim to examine internal audit practices and financial performance of construction companies in Nigeria. In order to actualize the objectives of the study, various literature and theoretical issues was discussed. The instrument used for the purpose of this research was gathered through primary source. The researcher administered a total of two hundred (200) questionnaires to respondents, out of which one hundred and eighty-eight (188) was retrieved and was used for the presentation and analyses. The hypotheses were tested using Ordinary Least Square (OLS) regression technique. The findings from analysis revealed among other things that there is a positive and significant relationship between size of the internal audit, experience of the internal audit, qualification of the internal audit and Financial Performance. The study also revealed that there is a positive and insignificant relationship between independence of internal audit and Financial Performance. In line with the findings, we recommend that the internal auditor should have maximum independence from the industry they work in. The internal audit activities must be positioned in such a way that it may obtain cooperation from industry that is being audited that have free, unrestricted access to all functions, records, property and personnel including those charged with governance.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127815236","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n104124
Mary Leonard Juma, F. E. Maseko
The objective of the study was to assess factors affect the financial performance of the Savings and Credit Cooperative Societies operating in Dodoma Tanzania. The quantitative method was used to analyse data. The descriptive survey was used whereas systematic and purposive sampling techniques were used to secure 63 respondents. Survey, and documentary review were used to collect data meanwhile descriptive and regressions analysis were used in data analysis. There study was guided by Resource Dependence Theory (RDT), and Cash Conversion Cycle Theory. The results revealed that the overall model was statistically significant since (Prob > chi2=0.000). The model's independent variables explained almost 63.8% of the variation in the return on asset of SACCOS in Dodoma. The following explanatory variables (such like interest rate, loan default and drop out of the members) were statistically significant influencing the return on asset for SACCOS selected from Dodoma Tanzania. Researcher recommended SACCOS should put more emphasis on online supervision and self-regulation in periods of pandemic, and considered it as one of the strategies to help the viability of the sector. Cooperative Audit and Supervision Corporation should opt to use off-site audit under hygienic environment to curb the spread of the virus.
{"title":"Factors Affect Financial Performance of Savings and Credit Co-Operative Societies During Covid 19 Pandemic in Dodoma Region","authors":"Mary Leonard Juma, F. E. Maseko","doi":"10.37745/ejaafr.2013/vol10n104124","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n104124","url":null,"abstract":"The objective of the study was to assess factors affect the financial performance of the Savings and Credit Cooperative Societies operating in Dodoma Tanzania. The quantitative method was used to analyse data. The descriptive survey was used whereas systematic and purposive sampling techniques were used to secure 63 respondents. Survey, and documentary review were used to collect data meanwhile descriptive and regressions analysis were used in data analysis. There study was guided by Resource Dependence Theory (RDT), and Cash Conversion Cycle Theory. The results revealed that the overall model was statistically significant since (Prob > chi2=0.000). The model's independent variables explained almost 63.8% of the variation in the return on asset of SACCOS in Dodoma. The following explanatory variables (such like interest rate, loan default and drop out of the members) were statistically significant influencing the return on asset for SACCOS selected from Dodoma Tanzania. Researcher recommended SACCOS should put more emphasis on online supervision and self-regulation in periods of pandemic, and considered it as one of the strategies to help the viability of the sector. Cooperative Audit and Supervision Corporation should opt to use off-site audit under hygienic environment to curb the spread of the virus.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129995884","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n6986
Halima Edmud Mligo, F. E. Maseko
The objective of the study was to investigate the effect of budgetary process on the Financial Performance of Commercial Banks which were NBC, NMB and CRDB in Dodoma Tanzania. The mixed method was used as both qualitative and quantitative data were used. The descriptive survey was used whereas randomly sampling was used to secure 95 respondents. Survey, interview and documentary review were used to collect data meanwhile descriptive and multiple regressions were used in data analysis. There was grounded on Resources allocation theory and structure efficiency theory. The results showed that budgetary process had positive and significant effect of Financial Performance of Commercial Banks. This is because R2 = 58.6% while at F (8, 87) = 28.86, p < 0.000 implied that budget process had positive and significant effect on FP of CBs in Dodoma Tanzania. Researcher recommended that budgetary process should be enhanced through an increased participation and enhance on internal controls.
{"title":"The Effects of the Budgetary Process on the Financial Performance of Commercial Banks in Tanzania: A Case of CRDB, NMB AND NBC","authors":"Halima Edmud Mligo, F. E. Maseko","doi":"10.37745/ejaafr.2013/vol10n6986","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n6986","url":null,"abstract":"The objective of the study was to investigate the effect of budgetary process on the Financial Performance of Commercial Banks which were NBC, NMB and CRDB in Dodoma Tanzania. The mixed method was used as both qualitative and quantitative data were used. The descriptive survey was used whereas randomly sampling was used to secure 95 respondents. Survey, interview and documentary review were used to collect data meanwhile descriptive and multiple regressions were used in data analysis. There was grounded on Resources allocation theory and structure efficiency theory. The results showed that budgetary process had positive and significant effect of Financial Performance of Commercial Banks. This is because R2 = 58.6% while at F (8, 87) = 28.86, p < 0.000 implied that budget process had positive and significant effect on FP of CBs in Dodoma Tanzania. Researcher recommended that budgetary process should be enhanced through an increased participation and enhance on internal controls.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133767498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n115268
F. E. Maseko, Ibrahim E. Sawe
The purpose of the study was to assess the influence of fairness of tax laws and regulations on tax compliance in Tanzania taking SMES in Arusha city as a case study. Mixed approach and survey design were employed to conduct this study, where systematic and purposive sampling techniques were used to select 100 respondents to take part in the study. It was revealed that there is positive and significant influence on tax compliance. An adjusted R2 =59.6% while F(8, 87) =28.86 P < 0.000 were revealed, implied that fairness of tax laws and regulations had positive and significant influence on tax compliance in Tanzania. It was recommended that tax legal framework in Tanzania should be improved; to include making assessment basing on reality of business in Tanzania and eliminates complexity in tax payment processes.
本研究的目的是评估税收法律法规的公平性对坦桑尼亚税收合规的影响，并以阿鲁沙市中小企业为案例研究。本研究采用混合方法和调查设计进行，采用系统和有目的的抽样技术，选择100名受访者参与研究。结果显示，这对税务合规产生了积极而显著的影响。调整后的R2 =59.6%， F(8,87) =28.86 P < 0.000，表明税收法律法规的公平性对坦桑尼亚税收合规具有显著的正向影响。建议改进坦桑尼亚的税收法律框架;包括根据坦桑尼亚的商业现实进行评估，并消除纳税过程的复杂性。
{"title":"Fairness of Tax Laws and Regulations Influence on Tax Compliance in Tanzania: Lessons from SMEs in Arusha Tanzania","authors":"F. E. Maseko, Ibrahim E. Sawe","doi":"10.37745/ejaafr.2013/vol10n115268","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n115268","url":null,"abstract":"The purpose of the study was to assess the influence of fairness of tax laws and regulations on tax compliance in Tanzania taking SMES in Arusha city as a case study. Mixed approach and survey design were employed to conduct this study, where systematic and purposive sampling techniques were used to select 100 respondents to take part in the study. It was revealed that there is positive and significant influence on tax compliance. An adjusted R2 =59.6% while F(8, 87) =28.86 P < 0.000 were revealed, implied that fairness of tax laws and regulations had positive and significant influence on tax compliance in Tanzania. It was recommended that tax legal framework in Tanzania should be improved; to include making assessment basing on reality of business in Tanzania and eliminates complexity in tax payment processes.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115467125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-15DOI: 10.37745/ejaafr.2013/vol10n12113
Florence Ifeoma Onuaguluchi, I. Okwo
The study appraised liquidity management and gross earnings of insurance firms in Nigeria. During the Covid-19 period, insurance firms were faced with the financial responsibility of indemnifying the numerous risks suffered by policy holders. To do so effectively, they need to be liquid enough so as to meet such indemnity demands as at when due. This affects their investment. Hence the study examines liquidity and gross earnings of insurance firms in Nigeria. Current ratio, cash ratio, and operating cash flow ratio is the independent variables of the study, while the dependent variable is profit for the year. The study adopted an ex-post-facto research design, covering the period between 2011 and 2020. Secondary data were extracted from the annual report and accounts of the sampled insurance companies. The correlation technique was used for the data analysis. In line with the specific objectives of the study which was to examine the relationship between current ratio, cash ratio, and operating cash flow ratio and profit for the year of insurance firms in Nigeria, it was revealed that current ratio has a positive and strong relationship with profit for the year of firms in Nigeria insurance subsector. Cash ratio has a negative and weak relationship with profit for the year of firms in Nigeria insurance subsector. The operating cash flow ratio has a positive and weak relationship with profit for the year of firms in the Nigeria insurance subsector. This implies that an increase in current ratio results in a significant increase in profit for the year of insurance firms in Nigeria. It is recommended therefore that insurance firms in Nigeria should strive to improve their current ratio. They can do this by reducing the personal draw on the business and by reducing the personal drawings on the business. They should reduce their propensity to hold cash. They should balance the trade-off between cash holding and profitable investment. They should make profitable investments and ensure that their liabilities are settled on time. Insurance firms should devise strategies to improve the cash they generate from operating activities. They can do this by improving their inventory, introducing electronic payments, etc.
{"title":"Liquidity Management and Gross Earnings of Insurance Firms in Nigeria","authors":"Florence Ifeoma Onuaguluchi, I. Okwo","doi":"10.37745/ejaafr.2013/vol10n12113","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n12113","url":null,"abstract":"The study appraised liquidity management and gross earnings of insurance firms in Nigeria. During the Covid-19 period, insurance firms were faced with the financial responsibility of indemnifying the numerous risks suffered by policy holders. To do so effectively, they need to be liquid enough so as to meet such indemnity demands as at when due. This affects their investment. Hence the study examines liquidity and gross earnings of insurance firms in Nigeria. Current ratio, cash ratio, and operating cash flow ratio is the independent variables of the study, while the dependent variable is profit for the year. The study adopted an ex-post-facto research design, covering the period between 2011 and 2020. Secondary data were extracted from the annual report and accounts of the sampled insurance companies. The correlation technique was used for the data analysis. In line with the specific objectives of the study which was to examine the relationship between current ratio, cash ratio, and operating cash flow ratio and profit for the year of insurance firms in Nigeria, it was revealed that current ratio has a positive and strong relationship with profit for the year of firms in Nigeria insurance subsector. Cash ratio has a negative and weak relationship with profit for the year of firms in Nigeria insurance subsector. The operating cash flow ratio has a positive and weak relationship with profit for the year of firms in the Nigeria insurance subsector. This implies that an increase in current ratio results in a significant increase in profit for the year of insurance firms in Nigeria. It is recommended therefore that insurance firms in Nigeria should strive to improve their current ratio. They can do this by reducing the personal draw on the business and by reducing the personal drawings on the business. They should reduce their propensity to hold cash. They should balance the trade-off between cash holding and profitable investment. They should make profitable investments and ensure that their liabilities are settled on time. Insurance firms should devise strategies to improve the cash they generate from operating activities. They can do this by improving their inventory, introducing electronic payments, etc.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127857530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-15DOI: 10.37745/ejaafr.2013/vol10n107597
D. M. Eleng, I. Okwo, L. C. Uguru, U. C. Chukwu
The study examined the effect of corporate governance on the earnings management of listed manufacturing companies in Nigeria. The specific objectives of the study were to investigatethe effect of board size, board gender diversity, board independence, audit committee size, and ownership structure onEarnings Management of Listed Manufacturing Companies in Nigeria. Ex-post facto research design was adopted while panel data was collected a sample of 19 consumer goods companies listed on Nigerian Stock Exchange.The Generalised Least Square Regression Model aided by STATA 14.2 statistical package as used to estimate the effect of corporate governance on the earnings management of listed manufacturing companies in Nigeria.The study found that board size had negative and no significant effect on earnings managementof listed manufacturing companies in Nigeria;board gender diversity hadnegative and no significant effect on earnings management of listed manufacturing companies in Nigeria; board independence had positive and no significant effect on earnings managementof listed manufacturing companies in Nigeria, audit committee size had positive and no significant effect on earning managementof listed manufacturing companies in Nigeria and ownership structure hadnegative and significant effect on earnings managementof listed manufacturing companies in Nigeria.The implications of the findings are that, the size of the firm's corporate board does not influence the volatility in discretionary accruals within the period studied and moreso, the presence of female board members does not determine the earnings manipulation in the firms significantly.The study concluded that increase in the number of independent directors reduces the occurrence of earnings manipulation and the number of directors that make up the audit committee does not affect earnings policy of manufacturing firms.This affirms that directors' holding many shares can influence the occurrence of earnings manipulation. The study recommended that board composition should include a greater proportion of independent outside directors with corporate experience. Independent directors’ ratio to the total board size should be more to allow unbiased decisions on the financial statements.
{"title":"Effect of Corporate Governance on the Earnings Management of Listed Manufacturing Firms in Nigeria","authors":"D. M. Eleng, I. Okwo, L. C. Uguru, U. C. Chukwu","doi":"10.37745/ejaafr.2013/vol10n107597","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n107597","url":null,"abstract":"The study examined the effect of corporate governance on the earnings management of listed manufacturing companies in Nigeria. The specific objectives of the study were to investigatethe effect of board size, board gender diversity, board independence, audit committee size, and ownership structure onEarnings Management of Listed Manufacturing Companies in Nigeria. Ex-post facto research design was adopted while panel data was collected a sample of 19 consumer goods companies listed on Nigerian Stock Exchange.The Generalised Least Square Regression Model aided by STATA 14.2 statistical package as used to estimate the effect of corporate governance on the earnings management of listed manufacturing companies in Nigeria.The study found that board size had negative and no significant effect on earnings managementof listed manufacturing companies in Nigeria;board gender diversity hadnegative and no significant effect on earnings management of listed manufacturing companies in Nigeria; board independence had positive and no significant effect on earnings managementof listed manufacturing companies in Nigeria, audit committee size had positive and no significant effect on earning managementof listed manufacturing companies in Nigeria and ownership structure hadnegative and significant effect on earnings managementof listed manufacturing companies in Nigeria.The implications of the findings are that, the size of the firm's corporate board does not influence the volatility in discretionary accruals within the period studied and moreso, the presence of female board members does not determine the earnings manipulation in the firms significantly.The study concluded that increase in the number of independent directors reduces the occurrence of earnings manipulation and the number of directors that make up the audit committee does not affect earnings policy of manufacturing firms.This affirms that directors' holding many shares can influence the occurrence of earnings manipulation. The study recommended that board composition should include a greater proportion of independent outside directors with corporate experience. Independent directors’ ratio to the total board size should be more to allow unbiased decisions on the financial statements.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"108 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122509010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-15DOI: 10.37745/ejaafr.2013/vol10n1098115
J. Apochi, Asma’u Mahmood Baffa
The global financial crisis of 2008 and the economic dislocation that followed the emergence of COVID 19 adversely affected financial institutions leading to debt crisis in the Nigerian banking sector. Despite the risk management framework within the banking sector, credit still remains a crucial factor in comparison to other driving factors in the bank, due to its attendant risk and the effect on the economy. This study examined the risk management committee’s role on the effect of credit risk on financial performance of 13 deposit money banks in Nigeria from 2012 to 2021. Finance distress theory was adopted for the study. The study adopted census sampling technique. Regression model used to analyze the panel data. The multiple regression result revealed that credit risk has a negative and significant effect on financial performance. The moderating role of risk management committee revealed that credit risk has a positive and significant impact on financial performance of deposit money banks in Nigeria. The study recommends that DMBs in Nigeria should continue improving on their risk management policies to enable good credit facility procedures to borrowers, also the board of directors should actively participate in managing the credit facilities to customers.
{"title":"Credit Risk and Financial Performance of Deposit Money Banks in Nigeria: Moderating Role of Risk Management Committee","authors":"J. Apochi, Asma’u Mahmood Baffa","doi":"10.37745/ejaafr.2013/vol10n1098115","DOIUrl":"https://doi.org/10.37745/ejaafr.2013/vol10n1098115","url":null,"abstract":"The global financial crisis of 2008 and the economic dislocation that followed the emergence of COVID 19 adversely affected financial institutions leading to debt crisis in the Nigerian banking sector. Despite the risk management framework within the banking sector, credit still remains a crucial factor in comparison to other driving factors in the bank, due to its attendant risk and the effect on the economy. This study examined the risk management committee’s role on the effect of credit risk on financial performance of 13 deposit money banks in Nigeria from 2012 to 2021. Finance distress theory was adopted for the study. The study adopted census sampling technique. Regression model used to analyze the panel data. The multiple regression result revealed that credit risk has a negative and significant effect on financial performance. The moderating role of risk management committee revealed that credit risk has a positive and significant impact on financial performance of deposit money banks in Nigeria. The study recommends that DMBs in Nigeria should continue improving on their risk management policies to enable good credit facility procedures to borrowers, also the board of directors should actively participate in managing the credit facilities to customers.","PeriodicalId":166026,"journal":{"name":"European Journal of Accounting, Auditing and Finance Research","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122708035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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