UMYU Journal of Accounting and Finance Research最新文献

Audit Committee Characteristics and Quality of Financial Statements of Listed Cement Companies In Nigeria 尼日利亚水泥上市公司审计委员会特征与财务报表质量

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.004

Patience Ote, Ph.D Odike Abraham Ijwo

{"title":"Audit Committee Characteristics and Quality of Financial Statements of Listed Cement Companies In Nigeria","authors":"Patience Ote, Ph.D Odike Abraham Ijwo","doi":"10.61143/umyu-jafr.5(1)2023.004","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.004","url":null,"abstract":"This study investigates the effect of audit committee characteristics on the quality of financial statements. The data was obtained from 3 listed cement companies from 2011 to 2022. The study employed multiple regression technique. The study found that Audit Committee Size (ACS) insignificantly increases earnings management thereby reducing the quality of financial statement (QFS), while Audit Committee Independence (ACI), Audit Committee Accounting Expertise (ACAE) and Audit Committee Gender Diversity (ACGD) insignificantly reduces earnings management thereby increasing the quality of financial statement (QFS). Since these effects are not statistically significant the study therefore, concludes that audit committee characteristics have no statistically significant effect on the quality of financial statement of listed cement manufacturing companies in Nigeria and further recommends that organizations should improve on the numbers of audit committee independent member, audit committee accounting expertise member and audit committee gender diversity as their presence tends to reduce earnings management.","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115596128","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

Effect Of Corporate Branding on Sales Volume of Selected Manufacturing Firms In Kano State, Nigeria 企业品牌对尼日利亚卡诺州选定制造企业销量的影响

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.003

Garba Saidu Masoud

引用次数: 0

Public Expenditure and Human Capital Development in Nigeria. 尼日利亚的公共支出和人力资本发展。

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.001

Olopade, Bosede C, Matthew O., Eseyin O., Odularu

{"title":"Public Expenditure and Human Capital Development in Nigeria.","authors":"Olopade, Bosede C, Matthew O., Eseyin O., Odularu","doi":"10.61143/umyu-jafr.5(1)2023.001","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.001","url":null,"abstract":"Human capital development is a veritable tool for achieveing sustainable and inclusive growth in any economy. Since no nation grows without the contribution of the people therein, thus the roles in which the quantity and quality of a country’s labour force plays is pivotal. The focus of this study is to examine how public expenditure and economic growth could be used ehhance the human capital development of Nigeria. The analysed data was sourced from the Global Development Indicators covering the years 1981 to 2021. Dynamic Ordinary Least Squares (DOLS) regression technique was used. The method was used to test the complexity of the interactions between the various human capital components. Findings from the study revealed that Nigeria's economic growth is directly impacted by public spending on the different aspects of human capital development. Also, investments in health and education have a favourable and considerable impact on Nigeria's economic growth. The study further concludes that since human capital is a significant factor in determining economic growth; it could be recommended that the country should invest more in the quality of human capital through health and education to raise the standard of living for individuals and the welfare of society.","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125464697","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

Monetary Policy and Commercial Banks’ Credit to Agricultural Sector: A Study of Nigeria 货币政策与商业银行农业信贷:以尼日利亚为例

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.007

T. Abdulmajeed, Salihu Liman Mairafi, PhD Yahya Uthman Abdullahi

{"title":"Monetary Policy and Commercial Banks’ Credit to Agricultural Sector: A Study of Nigeria","authors":"T. Abdulmajeed, Salihu Liman Mairafi, PhD Yahya Uthman Abdullahi","doi":"10.61143/umyu-jafr.5(1)2023.007","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.007","url":null,"abstract":"This study examines the relationship between monetary policy and commercial banks credit to agricultural sector in Nigeria with uses of secondary data for the period 1981 to 2021 by applying Autoregressive Distributed Lag technique. Result from this study shown that, liquidity ratio, monetary policy rate, loan to deposit ratio and cash reserve ratio have no significant influence on commercial banks credit to agricultural sector in Nigeria. On the other hand the treasury bill ratios has significant positive effect on commercial banks credit allocated to agricultural sector in Nigeria. The study therefore recommends that Central Bank of Nigeria should cuts down the cash reserve ratio to encourage the loanable funds available with the banks. Regulatory authority should put in place suitable policy that will prevailing cash hoarding in the economy to achieve desired liquidity ratio level. CBN should use the loan to deposit to center for regulating and moderating commercial banks for a positive significant impact to sectors in Nigeria. Authorities should use monetary policy rate to expand the volume of commercial banks’ ability to grant credits. Finally, monetary policy authority should ensure that holding of treasury bills by commercial banks should be reduced to enhance the ability to grant loans and advances to the public for productive purposes. \u0000.","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131949692","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

A Bayesian Framework for Estimating Weibull Distribution Parameters: Applications in Finance, Insurance, and Natural Disaster Analysis 估计威布尔分布参数的贝叶斯框架:在金融、保险和自然灾害分析中的应用

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.006

Mohammad Lawal Danrimi, H. Abubakar

{"title":"A Bayesian Framework for Estimating Weibull Distribution Parameters: Applications in Finance, Insurance, and Natural Disaster Analysis","authors":"Mohammad Lawal Danrimi, H. Abubakar","doi":"10.61143/umyu-jafr.5(1)2023.006","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.006","url":null,"abstract":"This research presents a Bayesian framework for parameter estimation in the two-parameter Weibull distribution, with applications in finance and investment data analysis. The Weibull distribution is widely used for modeling stock pricing movements and making uncertain predictions in financial datasets. The proposed Bayesian approach assumes a gamma prior distribution for the scale parameter, with a known shape parameter. A simulation study using simulated financial data compares the Bayesian method with maximum likelihood estimators in terms of accuracy, error accumulation, and computational time across various sample sizes and parameter values. Results indicate the Bayesian approach performs similarly to maximum likelihood for small samples, while demonstrating computational efficiency for larger financial datasets. The proposed Bayesian model's application to simulated financial data showcases its practical relevance in real-world scenarios. This Bayesian framework offers a valuable tool for handling uncertainty and making informed decisions in financial data analysis, providing robust parameter estimation and uncertainty quantification in finance and investment domains.","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"435 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133467423","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

The Impact of Internal Audit on Improving Anti-Money Laundering (Aml) and Counter Terrorist Financing (Ctf) Controls in Nigeria 内部审计对改善尼日利亚反洗钱和反恐怖主义融资控制的影响

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.002

Simon Ademola Akinteye, Mathias Mokube, Doris Ochei, Aloysius Vutumu

{"title":"The Impact of Internal Audit on Improving Anti-Money Laundering (Aml) and Counter Terrorist Financing (Ctf) Controls in Nigeria","authors":"Simon Ademola Akinteye, Mathias Mokube, Doris Ochei, Aloysius Vutumu","doi":"10.61143/umyu-jafr.5(1)2023.002","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.002","url":null,"abstract":"This peer review conceptual paper explores the impact of internal audit on improving anti-money laundering (AML) and counter-terrorist financing (CTF) controls in Nigeria. The study aims to examine the role of internal audit in enhancing AML/CFT controls and to identify any limitations or criticisms of internal audit in this context. The researchers conducted a search for research papers published between 2015 and 2023 on the impact of internal audit in improving and AML/CTFT suing the Google Scholar Search Engine, EBSCO Hosts, Science Direct, JStor and Emeralds. The Selection Criteria for the relevant articles are the keywords in the theme of the research. The selected journals were reviewed, analysed and synthesized. The paper concludes that internal audit plays a crucial role in improving AML/CFT controls in Nigeria and suggests that internal auditors should be more involved in the design and implementation of AML/CFT controls. The paper recommends that the internal auditor must be equipped with the in-depth knowledge of the various schemes through which criminals launder money and the evolution of the various money laundering and terrorism financing schemes and how ICT tools can be used to deter these white collar crimes. The study further recommends a stronger need for collaboration between the internal auditors and the Nigerian Financial Intelligence Unit (NFIU) and the AML/CTF Department of the Central Bank of Nigeria (CBN) for information sharing on new standards and best practices to combat money laundering and counter terrorism financing \u0000 ","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130505969","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

Environmental Disclosures and Profitability of Non-Financial Services Firms In Nigeria: Moderating Role of Female Board Membership 尼日利亚非金融服务公司的环境披露和盈利能力:女性董事会成员的调节作用

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.005

Ehada, Okpanachi, Agbi, Eniola Samuel, Joshua

{"title":"Environmental Disclosures and Profitability of Non-Financial Services Firms In Nigeria: Moderating Role of Female Board Membership","authors":"Ehada, Okpanachi, Agbi, Eniola Samuel, Joshua","doi":"10.61143/umyu-jafr.5(1)2023.005","DOIUrl":"https://doi.org/10.61143/umyu-jafr.5(1)2023.005","url":null,"abstract":"With female board membership serving as the moderator, this study investigated the moderating role of female board membership on the nexus between environmental disclosures and profitability of non-financial services firms in Nigeria using a panel dataset from 2011 to 2021. The population and sample size of the study comprises of 74 and 41 listed non-financial services firms respectively using the judgmental sampling technique. By applying a panel regression techniques, the study revealed that the employee relations disclosure positively and insignificantly affects return on assets, quality assurance disclosure positively and significantly affect return on assets, while local community disclosure have insignificant negative effect on return on assets. From the perspective of moderation effect, this study also found out that only female board membership-quality assurance disclosures negatively and significantly moderated the relationship between environmental disclosure and return on assets of the sampled firms. This study concluded that there is no moderating effect of female board membership on the relationship between female board membership-employee relations, female board membership-local community disclosure and return on assets of non-financial services firms in Nigeria. Therefore, it was recommended that the management of non-financial services firms in Nigeria should exercise care over the expenditure to be incurred on quality of products. In the same vein, Female Board Membership could be considered for other purposes and not as moderator so, as to prevent further adverse effect on profitability of sampled firms. It underscores the urgent need for employing competent female members into board based on their technical and professional expertise instead of political affiliations.","PeriodicalId":345386,"journal":{"name":"UMYU Journal of Accounting and Finance Research","volume":"319 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116258811","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

A Review on Islamic Corporate Governance and Performance of Islamic Financial Institutions In Nigeria 尼日利亚伊斯兰金融机构的伊斯兰公司治理与绩效研究

UMYU Journal of Accounting and Finance Research Pub Date : 2023-06-30 DOI: 10.61143/umyu-jafr.5(1)2023.008

Sa’adatu, Balarabe Adam, H. Abubakar

引用次数: 0

Analysis of the Effect of Sales Growth and Managerial Efficiency on the Profitability of Health Care Firm In Nigeria 尼日利亚医疗保健公司销售增长和管理效率对盈利能力的影响分析

UMYU Journal of Accounting and Finance Research Pub Date : 2022-12-30 DOI: 10.61143/umyu-jafr.4(2)2022.001

S. Sani, K. Abubakar

引用次数: 0