Finance & Accounting Research Journal最新文献

CAPITAL ADEQUACY AND DEPOSIT MONEY BANK'S RETURN ON ASSET (ROA) IN NIGERIA 尼日利亚存款银行的资本充足率和资产回报率(roa)

Finance & Accounting Research Journal Pub Date : 2022-01-13 DOI: 10.51594/farj.v4i1.284

Adeoti, Bankole Isaac Akinroluyo,

{"title":"CAPITAL ADEQUACY AND DEPOSIT MONEY BANK'S RETURN ON ASSET (ROA) IN NIGERIA","authors":"Adeoti, Bankole Isaac Akinroluyo,","doi":"10.51594/farj.v4i1.284","DOIUrl":"https://doi.org/10.51594/farj.v4i1.284","url":null,"abstract":"This study investigated capital adequacy and Deposit Money Bank's (DMB) Return on Asset (ROA) in Nigeria in which the effect of capital to asset ratio on bank's profit margin and the relationship between solvency and asset turnover was examined. The study population of the study comprised Nigeria deposit money banks listed on the floor of Nigeria Stock Exchange as at 2021. Sample of bank selected was Zenith Plc, Guaranty Trust Bank Plc (GTB), First Bank Nigeria Limited, Access Bank Plc, and United Bank for Africa Plc based on global ranking order and the fact that they are listed on Nigeria Stock Exchange. To determine the effect of capital adequacy on banks performance, Ordinary Least Square (OLS) regression model was employed the data collected within the period of 2006-2020. The findings of this study revealed coefficient of 0.080034 implies 1% change in capital to asset ratio would lead to 8% increase change in profit margin ratio and p-value of 0.042223 shows that CTA has statistical significant effect on profit margin of the selected banks within the period under study; coefficient of 0.04587 implies 1% change in solvency would lead to 4.58% change in asset turnover of the selected DMBs under the period studied, p-value of 0.0000611 shows that SOLV has statistical significant relationship with ATU of the selected banks within the period under study. The study recommends bank decision makers should give consideration for its solvency status and capital to asset ratio when investigating factors affecting bank’s actualization objective. In addition, DMBs in Nigeria should ensure that they maintain above minimum capital to asset ratio level in order to guarantee an efficient profit margin. Also, the ability of DMBs to meet their short and medium term financial obligations must be fortified in order to keep the performance at per.\u0000Keywords: Capital Adequacy, Return on Asset, Capital to Asset Ratio, Solvency, Profit Margin and Asset Turnover.","PeriodicalId":326338,"journal":{"name":"Finance & Accounting Research Journal","volume":"399 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133890166","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

DETERMINANTS OF MORTGAGE LOAN REPAYMENT IN GHANA 加纳抵押贷款偿还的决定因素

Finance & Accounting Research Journal Pub Date : 2021-12-19 DOI: 10.51594/farj.v3i4.266

Justice Agyei Ampofo, I. Mantey

{"title":"DETERMINANTS OF MORTGAGE LOAN REPAYMENT IN GHANA","authors":"Justice Agyei Ampofo, I. Mantey","doi":"10.51594/farj.v3i4.266","DOIUrl":"https://doi.org/10.51594/farj.v3i4.266","url":null,"abstract":"The housing deficit in Ghana is an issue of concern for all. This study sought to analyse the determinants of the repayment of mortgage loans in Ghana. The study used both secondary and primary data. The mixed-method approach was used for the study. The data collection instruments were interviews, focus group discussions and questionnaires. The study revealed that socio-demographic characteristics of respondents, sex distribution of respondents, educational level of respondents, marital status of respondents, occupational status of respondents, household size of respondents, the income of respondents are some of the factors that affect the repayment of mortgage loans in Ghana. The study revealed that borrowers who earned higher income had a better repayment performance as compared to low income earning borrowers. In addition, higher household sizes have lower repayment capacity and lower household sizes have higher repayment capacity. The study recommends that the government of Ghana should institute state bodies responsible for providing liquidity to mortgages and mortgage properties and buying mortgages during periods of rising interest rates is a way of creating a secondary mortgage market for the Ghanaian mortgage industry.\u0000Keywords: Determinants, Mortgage, Repayment, Ghana.","PeriodicalId":326338,"journal":{"name":"Finance & Accounting Research Journal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129600611","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

BEHAVIOUR OF STOCK MARKET DURING THE COVID-19 PANDEMIC: THE MALAYSIAN EXPERIENCE 2019冠状病毒病大流行期间的股市行为:马来西亚的经验

Finance & Accounting Research Journal Pub Date : 2021-12-02 DOI: 10.51594/farj.v3i4.276

Noorzalina Ghazali, M. Marimuthu

{"title":"BEHAVIOUR OF STOCK MARKET DURING THE COVID-19 PANDEMIC: THE MALAYSIAN EXPERIENCE","authors":"Noorzalina Ghazali, M. Marimuthu","doi":"10.51594/farj.v3i4.276","DOIUrl":"https://doi.org/10.51594/farj.v3i4.276","url":null,"abstract":"The COVID-19 outbreak was triggered in Wuhan, China in December 2019. The World Health Organization (WHO) has declared a public health emergency in January 2020. The literature shows that the COVID-19 pandemic slowed the Malaysian economy. According to the World Bank, Malaysia GDP is USD336.7 bill in 2020, USD 364.7 bill in 2019, a USD28bill reduction or 7.67%. The Malaysian government is trying to address this scenario, it is important to establish and apply expansionary fiscal measures. \u0000The dread of the virus's danger has caused people to cease living, working, socializing, doing business, and the other normal activities. Economic consequences are very unclear, making it difficult to take adequate steps to reverse the downward economic trend. The present research analyses the potential economic impact of the COVID-19 pandemic on the Malaysian economy using a systematic review approach. Also, econometric study to determine the degree of integration between the FBMKLI and the COVID-19 daily infected cases. The findings show the relationship between COVID-19 infected cases and the performance of the FBMKLI. \u0000Keywords: COVID-19, FBMKLI, Correlation, Malaysia, Systematic Review, Granger causality.","PeriodicalId":326338,"journal":{"name":"Finance & Accounting Research Journal","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128316831","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

TAX RISES IMPACT ON THE SPENDING PATTERN OF THE POPULATION IN GREATER ACCRA REGION OF GHANA 税收增加对加纳大阿克拉地区人口消费模式的影响

Finance & Accounting Research Journal Pub Date : 2021-08-18 DOI: 10.51594/farj.v3i3.242

I. Mantey, A. Frempong, Christopher Lartei Aryee, Justice Agyei Ampofo

{"title":"TAX RISES IMPACT ON THE SPENDING PATTERN OF THE POPULATION IN GREATER ACCRA REGION OF GHANA","authors":"I. Mantey, A. Frempong, Christopher Lartei Aryee, Justice Agyei Ampofo","doi":"10.51594/farj.v3i3.242","DOIUrl":"https://doi.org/10.51594/farj.v3i3.242","url":null,"abstract":"The study was aimed at examining the role of high tax rises on the spending patterns of the people in Accra township of Ghana. The research gathered data from both secondary and primary sources and used the quantitative research method approach. The key instruments used for the data collection was questionnaire. In all seventy (70) respondents were selected for the study comprising thirty five (35) people from Accra township and thirty five (35) University of Ghana students. The study found out that taxation is very good for nation building since the allocation of funds depends upon the collection of taxes and the government used that revenue for specific purposes. This has a direct economic impact on the socio economic development of Ghana. The study found out that there is a fairly strong relationship between people spending and high tax rises. That is to say the study found out that when tax is high it affects people spending negatively especially the poor because it reduces their income levels, put a tax burden on them, it increases their expenditure and it also increases poverty. The study found out that to be able to ensure effectiveness and efficiency in our tax system it is essential to strike the right balance between designing an attractive tax, there must be transparency and effectiveness in the tax system, tax reform needs to be promoted to widen the tax base and bring a larger part of the population into the formal economy and also tax must reduce excessive reliance on aid and offers a path away from unsustainable revenue streams It is recommended that the government of Ghana should structure the tax based system in a way that there is no inequality in the payment by the poor and the rich and also the people of Ghana should understand the importance of taxation for the development of Ghana and hence there should not be invasion of tax since tax brought to light the importance of tax.\u0000Keywords: Tax, Spending Pattern, Population, Greater Accra Region, Ghana.","PeriodicalId":326338,"journal":{"name":"Finance & Accounting Research Journal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117281119","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

CREDIT ACCESSING AND FAMILY FARMING: AN EVIDENCE FROM BURKINA FASO 信贷获取与家庭农业:来自布基纳法索的证据

Finance & Accounting Research Journal Pub Date : 2021-07-23 DOI: 10.51594/FARJ.V3I2.237

Mahamadi Nanéma, Dr. Théophile Bindeouè Nassè, Pr. Alidou Ouédraogo

引用次数: 1

INTERNAL AUDIT AND QUALITY OF FINANCIAL REPORTING IN THE PUBLIC SECTOR: THE CASE OF UNIVERSITY FOR DEVELOPMENT STUDIES 公共部门财务报告的内部审计和质量:以发展研究大学为例

Finance & Accounting Research Journal Pub Date : 2021-06-07 DOI: 10.51594/FARJ.V3I1.231

Iddrisu Abdulai, Andrews Salakpi, Théophile Bindeouè Nassè

{"title":"INTERNAL AUDIT AND QUALITY OF FINANCIAL REPORTING IN THE PUBLIC SECTOR: THE CASE OF UNIVERSITY FOR DEVELOPMENT STUDIES","authors":"Iddrisu Abdulai, Andrews Salakpi, Théophile Bindeouè Nassè","doi":"10.51594/FARJ.V3I1.231","DOIUrl":"https://doi.org/10.51594/FARJ.V3I1.231","url":null,"abstract":"Many corporate failures have occurred over the years as a result of poor financial reporting practices that have eluded investors and other consumers of financial data. The research used the University for Development Studies (UDS) as a case study. The study focused on three main goals: identifying emerging determinants of quality financial reporting, examining the efficacy and adequacy of UDS's internal control structure, and determining how much Internal Audit contributes to quality financial reporting. The research used a descriptive survey template and a sample size of 70 people who were chosen using purposive and stratified sampling techniques. To achieve objectives one and two, the analysis used binary regression, while to achieve objective three, the Best (2005) index was updated and used. Financial reporting accuracy, a computerized accounting system, and personnel competence were found to be determinants of quality financial reporting in the study. It was discovered that UDS' internal control system is ineffective since two of the five main components that make up an efficient internal control system, namely control environment and information and communication, are not properly implemented. The study found that UDS' internal audit reflects an average level of fraud prevention in terms of the robustness of auditing processes and fraud prevention indicators, with the remaining indicators indicating a high level of fraud prevention. Overall, UDS' internal auditing reveals a high degree of prevention. The University for Development Studies (UDS) should analyze, define, and enforce control setting, information, and communication components of the internal control system that are appropriate for their work processes, as well as enhance the existing components, according to the report. \u0000Keywords: Internal Audit, Financial Reporting, Public Sector, Ghana.","PeriodicalId":326338,"journal":{"name":"Finance & Accounting Research Journal","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121749353","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: 4

THE RELATIONSHIP BETWEEN CRUDE OIL PRICES AND STOCK MARKET: THE INDIAN CASE 原油价格与股市的关系:以印度为例

Finance & Accounting Research Journal Pub Date : 2020-06-22 DOI: 10.51594/FARJ.V2I1.98

Premkumar Rajnathan

引用次数: 0

STUDY OF CONNECTION BETWEEN STOCK MARKET AND ECONOMIC PERFORMANCE IN MALAYSIAN CONTEXT 马来西亚背景下股票市场与经济表现的关系研究

Finance & Accounting Research Journal Pub Date : 2020-03-05 DOI: 10.51594/FARJ.V2I2.107

Ngee Derk

引用次数: 2