Nnamdi Azikiwe University Journals
Not a member yet
5579 research outputs found
Sort by
Table of Contents
No full textVolume 5, Issue 2, August edition, Journal of Contemporary Issues in Accounting (JOCIA
PREDICTIVE ROLE OF ANNUAL REVENUE OF THREE TIERS OF GOVERNMENT ON ECONOMIC RECOVERY IN NIGERIA (2001 – 2023)
No full textGovernment Revenue comprises revenues from oil and non-oil sectors. The study aims at establishing the effect of the government revenue on the economic growth of Nigeria, more specifically on the federation allocation to the three tiers of government. The study will help in assisting the government to making efforts in the redistribution of the Nigeria economic resources. Time series data were extracted from Central Bank Statistical Bulletin and summary of federation account committee. The multiple linear regression model and correlation coefficient were used to analyze the data. The findings show that the adjusted R-square of 70.22% is significant to the overall hypothesis tested and government revenue have positive effect on the economic growth of Nigeria as expressed by GDP. The study also recommend that efforts should be made by the Government to diversify the Nigerian economy so as to bring about economic stability.
 
FIRM ATTRIBUTES AND FINANCIAL DISTRESS OF LISTED CONSUMER GOODS FIRMS IN NIGERIA
No full text
The Nigerian consumer goods sector is central to the nation\u27s economy and has contributed not only to the GDP but also to employment. However, economic difficulties such as currency fluctuations, changes in policies, and commodity price changes commonly occur and have contributed to financial distress in firms operating within this sector. This study adopts the Altman Z-Score as the measure in determining the influence of two main firm attributes – leverage and age – on financial distress among listed consumer goods firms in Nigeria. From panel regression analysis of 16 firms for a 12-year period, it is observed that leverage significantly and negatively influences the Altman Z-Score-that is, increased financial distress accrues with increased debt levels. On the other hand, firm age positively influences the Z-Score; this means that the older the firm, the more financial stability is obtained. These results depict the importance of prudent debt management and firm longevity toward improving financial health. This study provides valuable information to industry participants with the intention of alleviating financial distress and improving stability in the consumer goods sector of Nigeria.  
EXTENT OF ICT RESOURCES UTILIZATION IN THE ADMINISTRATION OF UNIVERSITIES IN NIGERIA
No full textThe study explored the extent of ICT resources utilization in the administration ofuniversities in Nigeria. The study is a descriptive survey research design. Five researchquestions guided the study. The sample was 275 which was made up of two groups ofrespondents namely: Academic staff (125) and senior administrative staff (150) fromuniversities in South-east Nigeria. The instrument for data collection was a 30-itemresearcher-developed Questionnaire titled “Questionnaire on Extent of ICT ResourcesUtilization (QEIRU)”. It was validated by experts. The overall reliability co-efficient ofthe instrument was 0.92. The data collected were analyzed using frequencies andpercentages. The findings revealed low extent (LE) of utilization of ICT resources in staffpersonnel administration, student personnel, academic and general administration. Onthe other hand, the findings revealed high extent (HE) of ICT resources utilization infinancial administration of the universities. Finally, there was discussion of findings andrecommendations were made. One of the recommendations was that, the Universityauthority should procure adequate quantities of ICT Resources for effective running ofthe University Administration
CONSTRUCTION AND FACTORIAL VALIDATION OF AN INSTRUMENT FOR STUDENT ASSESSMENT OF TEACHING EFFECTIVENESS FOR EDUCATIONAL RESEARCH AND STATISTICS INSTRUCTION
No full textThis study aimed at the development and validation of an indigenous scale for evaluationof teaching effectiveness for Educational Research and Statistics as a University-widecourse considering the debate in literature about the validity of Students’ assessment ofTeaching Effectiveness. The research process was in five phases. A total of 588 studentsfilled the online questionnaire, out of which 470 (79.93%) were females and 118(20.07%) were males. Using varimax rotation, the EFA computed extracted three-factorsmodel, namely, course content coverage, teacher-student rapport and teaching andlearning to measure teacher effectiveness which was determined to be a good fit for thedata. The results of the study revealed Cronbach’s Alpha value of 0.772 showing highinternal consistency and validity evaluation from 0.799 to 0.409 factor loadings based onthe eigenvalue cut-off of .40. Item reduction resulted in 19 items
CORPORATE GOVERNANCE MECHANISM ON THE FINANCIAL STATEMENT FRAUD AMONG LISTED NON-FINANCIAL FIRMS IN NIGERIA
No full text This study assesses the effect of corporate governance mechanism on financial statement fraud among listed non-financial firms in Nigeria. The study specifically examined the effect of managerial ownership and ownership concentration on financial statement fraud among listed non-financial firms on Nigerian Exchange Group. The study used an ex post facto research design. Ninety-five (95) listed non-financial firms as at 31st December 2022. The study used a purposive sampling technique to select the sample size of seventy-four (74) non-financial listed firms from the population. The study relied on secondary source of data from annual reports and accounts covering a period of 12 years (2011-2022). Ordinary Least Square multiple regression and Binary Logit Regression Technique were used to analyze the data collected for this work through the aid of E-View 9.0 software. The results of the study revealed that managerial ownership and ownership concentration have significant effects on the financial statement fraud among listed non-financial firms in Nigeria. Based on the results and analyses, this study concludes that managerial ownership and ownership concentration have significant effect on the financial statement fraud among listed non-financial firms on the Nigerian Exchange Group (NGX). This study recommended among others based on the findings of this study that management team should be encouraged to invest in the company by buying shares and be part owner of the company and ownership concentration should be encouraged because it has positive significant effect on financial statement fraud among listed non-financial firms in Nigeria
DEBT FINANCING AND ENVIRONMENTAL SUSTAINABILITY DISCLOSURE OF LISTED OIL AND GAS FIRMS IN NIGERIA
No full text This study examined the effect of debt financing on environmental sustainability disclosure of listed oil and gas firms in Nigeria for a period of eleven (11) years covering from 2012-2022. Specifically, this study ascertained the effect of debt ratio, short term debt ratio and long term debt ratio on environmental remediation disclosure. Panel data were used in this study, which were obtained from the annual reports and accounts of ten (10) sampled listed oil and gas firms for the periods 2012-2022. Ex-Post Facto research design and content analysis was employed. Inferential statistics using Pearson correlation coefficient and Panel Least Square (PLS) regression analysis were applied to test the hypotheses of the study. The results revealed that debt ratio has a significant and negative effect on environmental remediation disclosure (β1 = -0.063575; p-value = 0.0000); short term debt ratio has a significant and positive effect on environmental remediation disclosure (β2 = 0.018174; p-value = 0.0000); long term debt ratio has a significant and positive effect on environmental remediation disclosure (β3 = 0.100742; p-value = 0.0000). In conclusion, the study upholds that debt finance significantly affects environmental sustainability disclosure of listed Oil and Gas firms in Nigeria at 5% level of significance. It was recommended amongst others that firms should lever on the amount of debt they undertake to finance their undertakings, as it enhances firms’ bottom line. Also, that firms should operate with a capital structure mix that would minimize the cost of capital and reducing the reputational risks associated with the company\u27s operation
EFFECT OF PRESSURE ON DISCRETIONARY ACCRUALS IN DEPOSIT MONEY BANKS IN NIGERIA
No full textIn the trend of globalization, profit is always a concern for companies because the competition is increasingly fierce. In spite of banking regulation and examination by the Central Bank of Nigeria, Deposit Bank Insurance Corporation, and the Chartered Institute of Bankers of Nigeria, there is still a growing concern about fraud and other unethical practices in the commercial banks. With accounting tools and policies, managers of companies can perform profit management. Thus, the paper seeks to ascertain the effect of pressure on discretionary accruals in deposit money banks in Nigeria. The study employed ex post factor research design and a total of fifteen (15) Commercial Banks listed in the Nigerian Exchange Group from 2019-2023 were sampled. Secondary data was collated even as descriptive statistics and correlation coefficient was used to conduct analysis through SPSS statistical software. Finding made showed that pressure has significant effect on discretionary accruals. It was therefore recommended that Shareholders, Managers and Forensic accountants, should be effective in mitigating pressure in cause of corporate dealings.
EFFECT OF CONTRIBUTORY PENSION SCHEME ON GROWTH OF NIGERIAN ECONOMY
No full textThe study explored the effect of contributory pension scheme on the growth of Nigerian economy. The study specifically examined the effect of contributory pension fund on GDP, capital market development and infrastructural development of Nigeria. The population of the study consisted of twenty one (21) Pension Funds Administrators (PFAs) operating in Nigeria as at 31st December, 2022. The sample size of the study was made up of ten (10) pension fund administrators in Nigeria using purposive sampling techniques. The study made use of time series data which were obtained from Central Bank of Nigeria (CBN) statistical bulletin, world development indicator, National Pension Commission, annual reports and accounts of PFAs. The study employed the Ordinary Least Square (OLS) simple regression to analyse the data. The findings showed that contributory pension fund has a significant effect on GDP, capital market development and infrastructural development of Nigeria. The study therefore conclude that contributory pension scheme significantly affects the economic growth of Nigeria. The study thus recommended among others that idle pension funds should be invested in infrastructural development and the other sectors that will boost the GDP of the economy
Determinants of Venture Capital Financing among Micro-Agro Enterprises in Abia State, Nigeria
No full textThe study analyzed the determinants of venture capital financing among micro-agroenterprises in Abia State, Nigeria. The specific objectives were to determine; the socioeconomic characteristics of the respondents, the financing needs of the respondents, the criteria for accessing venture capital financing among the respondents, and the factors influencing venture capital financing among the respondents. A simple random sampling technique was used in selecting 175 micro agroenterprises. Data were analyzed using simple descriptive statistics such as means, percentages, frequency distributions, and regression models. The study revealed that the majority of the respondents selected for the study were young ( =30 years), males (57%), single (61%), educated (91% had post-secondary school education), and were well experienced micro-agro enterprise operators ( =7 years). The study concluded that the high incidence of non-crop-based agro enterprises in the study could be due to the quick financial inflows and their less risky nature. Also, the financing needs were mainly the payment of rents ( = N 70,333.3), Business diversification ( = N 66,315.8), and the purchase of inputs ( = N 47, 066). In addition, the respondents indicated the ability to share portfolio (73%), 72% and 67% having a functional bank account (72%) and business plan (67%) were major criteria for accessing venture capital financing. Age, education, income, assets, and enterprise types were the variables affecting venture capital financing among the respondents. The study recommends that venture capitalists should support more young, educated, and experienced non-crop micro enterprises to ensure their financial investment is realized on time. Moreover, venture capitalists should fund micro-agro enterprises with major input requirements. Finally, venture capitalists should support micro-based enterprises with the capacity to generate continuous cash inflows