Journal of Public Budgeting, Accounting and Financial Management最新文献_第6页

Auditors Independence and Audit Quality of Health-Care Firms in Nigeria 尼日利亚保健公司审计员的独立性和审计质量

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no3.2023.pg62.80

Hope Ifeoma Orjinta, Akwuobi Bridget Udekwesili

{"title":"Auditors Independence and Audit Quality of Health-Care Firms in Nigeria","authors":"Hope Ifeoma Orjinta, Akwuobi Bridget Udekwesili","doi":"10.56201/jafm.v9.no3.2023.pg62.80","DOIUrl":"https://doi.org/10.56201/jafm.v9.no3.2023.pg62.80","url":null,"abstract":"This study examines the effect of auditor independence on audit quality of twenty industrial goods companies in Nigeria for a period of ten years spanning 2012 to 2021. The objectives were centered on assessing possible effect of client importance, auditor reputation, audit opinion and auditor professional qualification on audit quality of health care companies in Nigeria. To achieve this set objectives, this study employed ex-post-facto research design based on data sourced from selected firm’s yearly reports for time period that ranged from 2012 to 2021. Adopting an ex-post factor and longitudinal research design, the secondary data collected were subjected to some preliminary data tests such as descriptive analysis, Pearson moment correlation matrix and multi-collinearity analysis using Variance Inflation Factor (VIF). The research used panel least square procedure based on fixed and random effect framework and houseman test was equally employed in selecting the best model to estimate parameters contained in the model. Emanating from the review of relevant literature and theories on auditor’s independence and audit quality and based on the data collected, analyzed and the hypotheses tested the study found that auditor reputation and auditor professional qualification recorded a positive and significant effect on audit quality which was statistically significant at 5% level of significance. On this basis, therefore, it may be recommended that there is need for the audit firm to protect its independence by working within its statutory duties. The management of health care companies is hereby advised to always source for the services of reputable audit firms with professional qualification and expertise to ensure quality of audit in their firms","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740158","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

Testing the Cointegrating Relationship between Foreign Exchange Rate Volatility and Government Health Expenditure 汇率波动与政府卫生支出的协整关系检验

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no2.2023.pg45.61

Olubunmi Omotayo EFUNTADE, Alani Olusegun EFUNTADE

{"title":"Testing the Cointegrating Relationship between Foreign Exchange Rate Volatility and Government Health Expenditure","authors":"Olubunmi Omotayo EFUNTADE, Alani Olusegun EFUNTADE","doi":"10.56201/jafm.v9.no2.2023.pg45.61","DOIUrl":"https://doi.org/10.56201/jafm.v9.no2.2023.pg45.61","url":null,"abstract":"This paper examined the relationship between government health care expenditure and foreign exchange rate volatility in Nigeria for the period 1993-2022. We employed the multivariate cointegration technique proposed by Johansen and found the existence of at least one cointegrating vector describing a long run relationship between government health care expenditure and foreign exchange rate volatility. It is therefore suggested that an appreciable proportion of the national budget be allocated to the health care services to have a more robust health care programmes capable of fostering health development in Nigeria. The research was conducted with an objective to understand the dynamics between healthcare expenditures and the volatility in foreign exchange rate with a focus on Nigeria, enabling better policy making. The overall conclusion is that the Nigerian government health expenditure is largely dependent that its healthcare policy is not stable and sufficient is not largely dependent on volatility foreign exchange rate. However, government health expenditure is a concern for Nigeria.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135741953","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

Corporate Governance Attributes and Segment Reporting of Selected Conglomerates in Nigeria 尼日利亚选定企业集团的公司治理属性和分部报告

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no5.2023.pg46.63

Dorathy Christopher Akpan, Edidiong Nse Nkanga

{"title":"Corporate Governance Attributes and Segment Reporting of Selected Conglomerates in Nigeria","authors":"Dorathy Christopher Akpan, Edidiong Nse Nkanga","doi":"10.56201/jafm.v9.no5.2023.pg46.63","DOIUrl":"https://doi.org/10.56201/jafm.v9.no5.2023.pg46.63","url":null,"abstract":"Consolidated financial statement does not only conceal the performance of individual segments of the group but also hides the risk and opportunities that investors are exposed to by investing in those segments or subsidiaries. A balanced and effective board is a major determinant of financial reporting quality in terms of compliance with International Financial Reporting Standard. This study examined the effect of corporate governance attributes on segment reporting of listed conglomerates firms in Nigeria. Ex post facto research design was adopted for the study and five listed conglomerate firms were purposively selected. Secondary data were extracted from these companies’ annual reports and the Nigeria Exchange Group fact book. The data for the study was analyzed using OLS regression technique and the findings revealed that board size, board diligence and board gender diversity have significant positive effect on segment reporting measured by the number of reportable segments. Thus, it was concluded that corporate governance attributes have a significant effect on segment reporting. Based on the above, it was recommended that the size of the board of directors should be large and balanced enough to accommodate members with cognate experience, expertise and equity in the representation of female.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740001","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

Empirical Investigation of the Impact of Corporate Social Responsibility on Tax Avoidance in Nigeria 尼日利亚企业社会责任对避税影响的实证研究

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no5.2023.pg197.206

Clifford Chilasa Agbaeze, Uloma Adonye Onoh, Chukwu Peter Damian Ezechi

{"title":"Empirical Investigation of the Impact of Corporate Social Responsibility on Tax Avoidance in Nigeria","authors":"Clifford Chilasa Agbaeze, Uloma Adonye Onoh, Chukwu Peter Damian Ezechi","doi":"10.56201/jafm.v9.no5.2023.pg197.206","DOIUrl":"https://doi.org/10.56201/jafm.v9.no5.2023.pg197.206","url":null,"abstract":"The impact of corporate social responsibility (CSR) on tax evasion in Nigeria was the main subject of this study. To do this, information was gathered from the annual reports and accounts of banks listed on the Nigerian stock exchange's floor. Based on the analysis completed, it was determined that return on asset had a favorable link with tax evasion. Tax evasion was found to have a beneficial association with CSR. When examined at the 5% threshold of significance, it was also discovered to be non-statistically significant. The final factor, firm size, was discovered to have a bad correlation with tax evasion. However, a 5% level of significance test revealed that it was not statistically significant. Therefore, it was advised that in order for an organization to avoid paying taxes, it must first make the best use of its resources. Due to the significant costs associated with practicing corporate social responsibility, it is one of the main ways that businesses avoid paying taxes. As a result, the tax burden that is owed by a company is reduced. Additionally, the degree of tax avoidance is not greatly influenced by the size of the company.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740005","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

Audit Committee Attributes and Financial Performance of Insurance Firms in Nigeria 尼日利亚保险公司审计委员会属性与财务绩效

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no3.2023.pg31.43

Prince Chinedu Okeke

{"title":"Audit Committee Attributes and Financial Performance of Insurance Firms in Nigeria","authors":"Prince Chinedu Okeke","doi":"10.56201/jafm.v9.no3.2023.pg31.43","DOIUrl":"https://doi.org/10.56201/jafm.v9.no3.2023.pg31.43","url":null,"abstract":"The study investigated the effect of audit committee characteristics on the financial performance of firms listed under insurance sector, on the Nigerian stock exchange group covering 2017 to 2021. The study set out four objectives that includes examining the impact of audit committee independence, audit committee size, audit committee gender diversity and audit committee meeting on the return on assets of insurance firms in Nigeria. Ex post facto research design was adopted as suitable which allowed the study to gather secondary data from annual reports of the firms. The insurance sector has twenty three firms listed under it from which seven were chosen as the sample size on the basis of judgment of the researcher. The data were analysed with the descriptive statistics, correlation and regression analysis. The results show that audit committee meeting and audit committee independence have negative and no significant effect on financial performance of insurance firms. Again audit committee size has positive no significant impact but audit committee gender diversity has positive and statistical significant impact on financial performance of Nigerian insurance firms at 5% level. The study recommends amongst others that larger percentage of the audit committee members should be drawn from women gender to maximally utilize the potentials inherent in them that drive financial performance.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740683","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 Revenue Generation and Economic Growth: A Pre and Post Treasury Single Account Implementation in Nigeria 税收产生与经济增长:尼日利亚财政单一账户实施前后

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no2.2023.pg21.44

Prof. Madubuko Cyril Ubesie, Igwe Alex Onyeji, Oketa Felix

{"title":"Tax Revenue Generation and Economic Growth: A Pre and Post Treasury Single Account Implementation in Nigeria","authors":"Prof. Madubuko Cyril Ubesie, Igwe Alex Onyeji, Oketa Felix","doi":"10.56201/jafm.v9.no2.2023.pg21.44","DOIUrl":"https://doi.org/10.56201/jafm.v9.no2.2023.pg21.44","url":null,"abstract":"The main objective of this study is to examine the relationship between tax revenues generated and the economic growth of Nigeria in a pre and post treasury single account implementation era. The study specifically assessed the relationship between Value Added Tax and the economic growth of Nigeria in a pre and post TSA implementation periods. It also determined the relationship between Company Income Tax and economic growth in a pre and post TSA era in Nigeria. The study also verified the relationship between Customs and Excise Duty and the economic growth in Nigeria, in a pre and post TSA implementation period in Nigeria. The population for the study was Nigerian economy and the sample size was six years of pre TSA era and Six years of post TSA implementation era. This sample was selected because TSA is just six years old in Nigeria and to compare the pre and post, the researcher had to take the same number of years for meaningful comparison. Three hypotheses were formulated for the study in null form using the Gross Domestic Product(GDP) as the dependent variable on Tax revenues comprising Value Added Tax(VAT), Company Income Tax (CIT) and Customs and Excise Duty (CED) which are the independent variables. Data for the study was collected from statistical records and bulletins from Central bank of Nigeria and Federal inland revenue bulletins as secondary data for the period of the study. The analysis tool for the study was a Regression and correlation analysis tools which aimed at establishing the relationship between the economic growth of Nigeria and the Tax revenue sources used as the independent variables prior to the introduction of TSA and after the introduction of TSA in Nigeria. The result shows that before the implementation of TSA, VAT has a positive and insignificant effect on the GDP while CIT had a positive and insignificant effect on GDP and CED had a negative and insignificant effect on GDP in Nigeria. On the post TSA implementation","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135784954","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 Attributes of Corporate Governance and Financial Reporting Quality of Listed Agricultural Firms in Nigeria 尼日利亚农业上市公司治理属性与财务报告质量研究

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no5.2023.pg163.176

Olayemi Omowumi AYOOLA-AKINJOBI, Oluwatoyin Deborah OLAYINKA

{"title":"The Attributes of Corporate Governance and Financial Reporting Quality of Listed Agricultural Firms in Nigeria","authors":"Olayemi Omowumi AYOOLA-AKINJOBI, Oluwatoyin Deborah OLAYINKA","doi":"10.56201/jafm.v9.no5.2023.pg163.176","DOIUrl":"https://doi.org/10.56201/jafm.v9.no5.2023.pg163.176","url":null,"abstract":"This study examined the relationship between the attributes of corporate governance and financial reporting quality. It made use of listed agricultural companies on the Nigeria stock exchange. This study is anchored on agency theory. Descriptive research design and secondary data extracted from the financial statement of the sampled companies were used. The dependent variable was financial reporting quality proxy by discretionary accruals; the independent variable was the attributes of corporate governance measured by board independence, board size, and board gender diversity while the control variable was firm size. The study used multiple regression analysis to analyze the data. It concluded that the attributes of corporate governance was negatively and significantly related to discretionary accruals i.e. a percentage increase in the attributes of corporate governance reduced discretionary accruals by 132%, thus improving the financial reporting quality. The study, therefore recommended that the attributes of corporate governance especially in agricultural companies listed on the Nigeria stock exchange should be increased.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740186","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

Relevance of Fiscal Illusion Proposition and Wagner Theory to Nigerian Budget Performance (Nexus among Fiscal Illusion Index, Recurrent and Capital Budget) 财政幻觉命题和瓦格纳理论与尼日利亚预算绩效的相关性(财政幻觉指数、经常性预算和资本预算的关系)

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no3.2023.pg129.149

Alani Olusegun EFUNTADE, Olubunmi Omotayo EFUNTADE

{"title":"Relevance of Fiscal Illusion Proposition and Wagner Theory to Nigerian Budget Performance (Nexus among Fiscal Illusion Index, Recurrent and Capital Budget)","authors":"Alani Olusegun EFUNTADE, Olubunmi Omotayo EFUNTADE","doi":"10.56201/jafm.v9.no3.2023.pg129.149","DOIUrl":"https://doi.org/10.56201/jafm.v9.no3.2023.pg129.149","url":null,"abstract":"This paper presents an empirical analysis of the consequences of fiscal illusion for public spending outcomes in a developing country context, specifically Nigeria, over the period 1993- 2022. The presence of fiscal illusion and its main indicators are identified (measured here through deficit illusion, and degree of tax visibility, where the real burden of taxation is underrepresented to the citizen-voter). We find that the Nigerian economy reveals significant fiscal illusion as measured in above terms. Also, fiscal illusion is found to have major and positive impact on the demand for government capital expenditure and government recurrent expenditure and consequently, on real government expenditure in the economy over the chosen time period. This work demonstrated that the controversial question involving the role of fiscal illusion practices on public finances is not recent, but can be thought of as deriving from the discussion invoked by Puviani (1903) and substantially enriched by Buchanan (1960). In spite of the fact that the ‘Fiscal Illusion’ School of Buchanan and Wagner (1977) identifies higher levels of fiscal illusion promoting increasing increments in the size of the public sector, this work developed a model that predicts higher levels of fiscal illusion also decrease national economic growth rates. The government additionally creates the false illusion that public expenditures are lower than they are in reality and for this reason it is easier to maintain the illusive fiscal discipline. On the one hand, the government may cut expenditures in an ostensible way and step towards reducing the budget deficit. On the other hand, without additional procedures the government may introduce new public expenditures outside the budget and, consequently, without any special control of the law-making arm of government.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"154 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135739697","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

Corporate Governance Standard and Financial Performance of Nigerian Health Care Manufacturing Companies 尼日利亚医疗保健制造企业的公司治理标准与财务绩效

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no3.2023.pg161.170

Lawrence S. Edeh, Kingsley Sunday Oyekezie

引用次数: 0

Effects of Information Relevance of Market Share Price of Quoted Companies in Nigerian Exchange Group: Basic Materials Sector 尼日利亚交易所集团上市公司市场股价的信息相关性效应:基础材料板块

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI: 10.56201/jafm.v9.no5.2023.pg94.103

Joel Ihenyen Confidence, Mathew Gospel Erebi

{"title":"Effects of Information Relevance of Market Share Price of Quoted Companies in Nigerian Exchange Group: Basic Materials Sector","authors":"Joel Ihenyen Confidence, Mathew Gospel Erebi","doi":"10.56201/jafm.v9.no5.2023.pg94.103","DOIUrl":"https://doi.org/10.56201/jafm.v9.no5.2023.pg94.103","url":null,"abstract":"The purpose of this study is to analyze the impact of financial data on the stock prices of listed firms in the basic materials sector of the NGX. The particular goals are to analyze the market share price of basic material companies listed on the floor of the Nigeria Stock Exchange from 2010 to 2017 in relation to EPS, dividends per share, and return on assets. Secondary information was gathered from the NGX's audited financial statement disclosures. E-view statistical software was used to do regression analysis for inferential statistics on the hypotheses. The results of this analysis indicate that at the 5% level of statistical significance, Return on Assets has a positive and statistically significant influence on the market share price. Market share price is correlated with earnings per share and dividends per share to a lesser extent, although not directly. Overall, there was a positive correlation between the dependent and independent variables due to the significant impact of Return on Asset on Market Share Price. Therefore, it is advised that basic material enterprises in Nigeria enhance the quality of their financial reporting and increase the transparency of their accounting practices because of the substantial impact that accounting information has on market price.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135739999","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