International Journal of Development and Economic Sustainability最新文献

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Debt Burden and Sustainable Development: An Evaluation of the Nigeria Railway Modernization Project 债务负担与可持续发展:对尼日利亚铁路现代化项目的评价
International Journal of Development and Economic Sustainability Pub Date : 2022-02-15 DOI: 10.37745/ijdes.13/vol10no2pp.1-26
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引用次数: 1
Exchange Rate Fluctuations and Economic Growth in Nigeria (1981 – 2020) 尼日利亚汇率波动与经济增长(1981 - 2020年)
International Journal of Development and Economic Sustainability Pub Date : 2022-01-15 DOI: 10.37745/ijdes.13/vol10no1pp.41-55
{"title":"Exchange Rate Fluctuations and Economic Growth in Nigeria (1981 – 2020)","authors":"","doi":"10.37745/ijdes.13/vol10no1pp.41-55","DOIUrl":"https://doi.org/10.37745/ijdes.13/vol10no1pp.41-55","url":null,"abstract":"This study examined the relationship between exchange rate and economic growth in Nigeria between 1981 and 2020. The specific objectives are to determine the effects of exchange rate, inflation and interest rate on gross domestic product (GDP). The data on the variables were obtained from the Central Bank of Nigeria (CBN) Statistical Bulletin and World Development Indicators, and analyzed using descriptive statistics, unit root as well as bounds cointegration tests and ARDL model. The unit root test results showed that the variables are mixed integrated. While inflation is stationary at levels, the other variables in the model were stationary at first difference. The bounds cointegration test showed that long run relationship exists between GDP growth and the underlying explanatory variables. The findings showed that exchange rate and inflation negatively impacted on economic growth. This finding indicates that increase in exchange rate and price level is detrimental to the growth of the Nigerian economy. There is evidence of a significant positive effect of interest rate on GDP growth. This finding explains the reality in Nigeria, where businesses and households tend to borrow even as interest rate increases, but tend to cut corners by reducing the quality of their products and services or pass-on the increased costs of borrowing to consumers by increasing prices. Given the findings, this study recommends amongst others that the federal government through the CBN should ensure that exchange rate policy should is consistent to provide opportunity for a realistic and stable exchange rate capable of driving economic growth in Nigeria.","PeriodicalId":198402,"journal":{"name":"International Journal of Development and Economic Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129447558","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}
引用次数: 0
Ownership Structure and Firm Performance of Listed Consumer Goods Sector Firms in Nigeria 尼日利亚消费品行业上市公司股权结构与企业绩效
International Journal of Development and Economic Sustainability Pub Date : 2022-01-15 DOI: 10.37745/ijdes.13/vol10no1pp.1-12
{"title":"Ownership Structure and Firm Performance of Listed Consumer Goods Sector Firms in Nigeria","authors":"","doi":"10.37745/ijdes.13/vol10no1pp.1-12","DOIUrl":"https://doi.org/10.37745/ijdes.13/vol10no1pp.1-12","url":null,"abstract":"The study investigated the ownership structure and financial performance of listed consumer goods sector firms in Nigeria for the period of 2011-2020. The data were gathered from the published financial statements of consumer goods sector firms with return on asset serving as dependent variable while controlling ownership and non-controlling ownership were used as explanatory variables, and analyzed through the descriptive statistics; correlation analysis, panel regression and fixed and random effect regression. The result revealed that ownership structure has robust relationship with financial performance. The study concluded that controlling ownership has positive and non-statistical significant with financial performance while non-controlling ownership has positive and statistical significant relationship with financial performance of listed consumer goods firms in Nigeria. The study recommended that firms listed under the sector should imbibe the corporate governance long run strategies to increase the organizational growth.","PeriodicalId":198402,"journal":{"name":"International Journal of Development and Economic Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121628721","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}
引用次数: 2
Investigating Tunneling from Nigerian non-finance Listed Companies 对尼日利亚非金融类上市公司隧道行为的调查
International Journal of Development and Economic Sustainability Pub Date : 2022-01-15 DOI: 10.37745/ijdes.13/vol10no1pp.13-25
{"title":"Investigating Tunneling from Nigerian non-finance Listed Companies","authors":"","doi":"10.37745/ijdes.13/vol10no1pp.13-25","DOIUrl":"https://doi.org/10.37745/ijdes.13/vol10no1pp.13-25","url":null,"abstract":"The study investigates directors tunnelling in Nigeria drawing samples from listed non-finance firms on the floor of the Nigerian Exchange Group market. While directors tunnelling proxied by directors’ remuneration is the dependent variable, the independent variables adopted for this study includes ownership concentration, big4 auditors, capital structure and cash holding. Furthermore, in line with related extant literature, we employed the variable of firm size to control our model. Data set employed in this study spans through the periods between 2011 and 2020. In the light of this, the empirical result of this study leads to the conclusion that out of the four independent variables adopted in this study, only big4 auditors and capital structure significantly affect directors tunnelling. Specifically, we conclude that when a big4 firm audit the accounts of the firms in our sample, directors tunnelling declines. Similarly, we conclude that the more a firm finances their operations through debt, directors tunnelling declines. Succinctly, we recommend that firms should strive towards debt financing while also seeking to employ the services of big4 auditors to keep at bay tunnelling among listed non-finance firms.","PeriodicalId":198402,"journal":{"name":"International Journal of Development and Economic Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125966655","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}
引用次数: 0
Assessing the Use of Smart Phones-Based Apps, Software and Geographic Information System (GIS) in Real Estate Practice 评估基于智能手机的应用程序,软件和地理信息系统(GIS)在房地产实践中的使用
International Journal of Development and Economic Sustainability Pub Date : 2022-01-15 DOI: 10.37745/ijdes.13/vol10no1pp.26-40
{"title":"Assessing the Use of Smart Phones-Based Apps, Software and Geographic Information System (GIS) in Real Estate Practice","authors":"","doi":"10.37745/ijdes.13/vol10no1pp.26-40","DOIUrl":"https://doi.org/10.37745/ijdes.13/vol10no1pp.26-40","url":null,"abstract":"The covid-19 pandemic ushered the world into what is seen or described as new normal. In addition, it aided what could be seen as increased or rapid adoption of the use of modern and improved technologies in real estate practice. The technologies even though many of them have been in existence, the increased patronage was made possible through the coming of the pandemic. This study however identified or studied the Estate Surveyors and Valuers (ESVs) response in the use of phones-based apps, software, smartphones, and GIS in real estate practice. The identified apps and software used by the practitioners include; Google Earth, QGIS, ArcGIS, MapIt, SW Maps, Map with Us, MapPt, Locus GIS, GCP/GPS among others. The findings indicated that practitioners are familiar with a good number of them adding that the majority has been using them at their own pace i.e., depending on the individual level of knowledge of same. There was also noticeably increased patronage of use of same since the coming covid-19 pandemic. It is expected that practitioners who are yet to key in should as a matter of necessity try to or adopt the same as the practice is going digitized and enhanced technologically.","PeriodicalId":198402,"journal":{"name":"International Journal of Development and Economic Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126568110","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}
引用次数: 0
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