Journal of Public Budgeting, Accounting and Financial Management最新文献_第9页

Effect of Sustainability Reporting on Financial Performance of Quoted Pharmaceutical Companies in Nigeria 可持续发展报告对尼日利亚上市制药公司财务绩效的影响

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-09 DOI: 10.56201/jafm.v9.no7.2023.pg37.55

Aniagboso Ifeoma C., Orjinta Hope Ifeoma

{"title":"Effect of Sustainability Reporting on Financial Performance of Quoted Pharmaceutical Companies in Nigeria","authors":"Aniagboso Ifeoma C., Orjinta Hope Ifeoma","doi":"10.56201/jafm.v9.no7.2023.pg37.55","DOIUrl":"https://doi.org/10.56201/jafm.v9.no7.2023.pg37.55","url":null,"abstract":"The thrust of this study was to ascertain the effect of sustainability reporting on financial performance of quoted pharmaceutical companies in Nigeria for a period of ten (10) years spanning from 2012 to 2021. Ex-post facto and longitudinal research design was adopted. Sustainability disclosure which is the independent variable was captured using employee health and safety disclosure, social disclosure, environmental disclosure, and governance disclosure while financial performance which served as the dependent variable was measured using return on investment (ROI). Panel data were obtained from annual reports and accounts of the sampled health care companies and subjected to preliminary data tests such as descriptive analysis, correlation analysis, variance inflation factor analysis and hausman effects tests for the study period. Multiple panels least regression analysis was employed via E-Views 12. The results of the tested hypotheses revealed that employee health and safety disclosure, and social disclosure have positive and significant effect on financial performance of health care companies in Nigeria which was statistically significant at 95% confidence level respectively while a negative but insignificant effect was documented against environmental disclosure, governance disclosure and financial performance of health care companies in Nigeria. In conclusion, the findings shed light on the substitute and complementary relationship between performance and the increase in sustainability disclosure quality.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136107347","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

Working Capital Management and Profitability of Listed Industrial Goods Companies in Nigeria 尼日利亚工业品上市公司营运资金管理与盈利能力

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-09 DOI: 10.56201/jafm.v9.no7.2023.pg97.114

JONAH Ngbomowa Moses, COURT Eunice Ralph, AMADI Ngozi Eleba

{"title":"Working Capital Management and Profitability of Listed Industrial Goods Companies in Nigeria","authors":"JONAH Ngbomowa Moses, COURT Eunice Ralph, AMADI Ngozi Eleba","doi":"10.56201/jafm.v9.no7.2023.pg97.114","DOIUrl":"https://doi.org/10.56201/jafm.v9.no7.2023.pg97.114","url":null,"abstract":"Working capital is the capital needed by a business to finance the day-to-day operations of the business. The purpose of this study is to investigate the impact of working capital management and profitability of listed industrial goods companies in Nigeria. The study was anchored on the cost trade-off theory. The methodology adopted in the study was an ex-post facto research design. The population of the study consist of ten industrial goods companies in Nigeria. Secondary data from ten listed industrial goods companies in Nigeria's stock exchange for the period of ten years (2012-2021) was obtained based on a convenient sampling method. The statistical tools used were multiple regression analysis and Pearson product-moment correlation coefficient aided by SPSS version 22.0. The founding showed a negative significant impact between Inventory, Trade Receivable and Net Profit Margin as well as Return on Asset. Whereas a significant positive impact was observed between the cash conversion cycle and net profit margin as well as return on asset. The study concluded a significant impact on working capital management and profitability of listed industrial goods companies in Nigeria. The study recommends that the credit policy of the companies should be structured in such a way as to improve cash flow thereby reducing the firm cash conversion cycle. Also, professionals should be hired where necessary to ensure efficient management of working capital components to increase profitability.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136192598","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

Internet Payment System, Forensic Accounting and Forensic Investigation: 3M Theory in the Financial Frauds 互联网支付系统、法务会计与法务调查:财务欺诈中的3M理论

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-09 DOI: 10.56201/jafm.v9.no7.2023.pg115.130

Alani Olusegun EFUNTADE, Olubunmi Omotayo EFUNTADE

{"title":"Internet Payment System, Forensic Accounting and Forensic Investigation: 3M Theory in the Financial Frauds","authors":"Alani Olusegun EFUNTADE, Olubunmi Omotayo EFUNTADE","doi":"10.56201/jafm.v9.no7.2023.pg115.130","DOIUrl":"https://doi.org/10.56201/jafm.v9.no7.2023.pg115.130","url":null,"abstract":"In view of the rapid development in internet payment system and information and communication technology (ICT) that is changing banks mode of payment operations and bringing innovations to banking transactions, and even the method fraudsters operate as well as the likely effects of their activities on the banks and customers if not tackled, t h i s e x p l o r a t o r y p a p e r e x p l o r e s f orensic accounting, forensic investigation, digital environment, 3M (Manipulation, Misrepresentation, Misapplication) Theory in the Financial Frauds, electronic payment risk management, data mining technique, data matching technique and network security management in internet payment system within banking infrastructures. The paper highlights how forensic accounting and investigation can be employed to resolve the problem of internet and electronic payment fraud and crimes. It is recommended that investigative accounting that will comprehensively entails ICT-related fraud investigation, prevention of fraud and analyzing antifraud ICT-controls in addition to gathering non-financial and financial information should be intensified with modern technology within the banking security infrastructure. There should be fraud control software for financial frauds in digital environment. In today's world where technology has reached a different dimension, sophisticated cases in today's internet banking businesses cannot be revealed by traditional methods and the need for fraud control software against possible negative cases in information environment should be fulfilled in order to eliminate this complexity.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136108723","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 Ownership Concentration on Agency Cost of Industrial Firms Listed on the Nigerian Exchange Group 股权集中度对尼日利亚交易所集团上市工业企业代理成本的影响

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-09 DOI: 10.56201/jafm.v9.no7.2023.pg1.24

Oluchi Grace Okafor, Agubata N. S., Sunday David

{"title":"Effect of Ownership Concentration on Agency Cost of Industrial Firms Listed on the Nigerian Exchange Group","authors":"Oluchi Grace Okafor, Agubata N. S., Sunday David","doi":"10.56201/jafm.v9.no7.2023.pg1.24","DOIUrl":"https://doi.org/10.56201/jafm.v9.no7.2023.pg1.24","url":null,"abstract":"This study investigated the effect ownership concentration on agency cost of industrial firms listed on the Nigerian exchange group. The specific objectives were to examine the effect of government ownership, managerial ownership, institutional ownership and foreign ownership affects agency cost of firms listed on the Nigerian exchange group. Panel Least Squared (PLS) method of data analysis was used. Secondary sources of data were employed; the interested variables were sourced from the annual report of the quoted industrial firms. The variables were assets utilization as the dependent variables while government ownership, managerial ownership, institutional ownership and block ownership were the independent variable. The study employs descriptive statistics, correlation and regression analysis in the analysis. From the analysis result the study found that. Government ownership has no significant impact on agency cost of firms listed on the Nigerian exchange group (t-test 1.539283, p=0.1286). Managerial ownership has significant impact on agency cost of firms listed on the Nigerian exchange group (t-test 4.541870, p=0.0000). Institutional ownership has significant impact on agency cost of firms listed on the Nigerian exchange group (t-test -3.443344, p=0.0005). Foreign ownership has negative and insignificant effect on agency cost of firms listed on the Nigeria exchange group (t-test -0.336863, P= 0.7372). The researcher recommends that. Government ownership of sensitive firms should be minimized, as such ownership are usually inefficient and characterized by bureaucratic bottlenecks, which do not have clear incentives to improve asset. The study recommends that financial regulatory bodies in Nigeria such as the Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC), and Securities and Exchange Commission (SEC) should ensure that a reasonable degree of managerial ownership is maintained by all banks due to its potential ben","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136192838","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 Product Innovation Strategy on Organisational Performance (A Study of Manufacturing Industries Nigeria) 产品创新战略对组织绩效的影响(以尼日利亚制造业为例)

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-09 DOI: 10.56201/jafm.v9.no7.2023.pg25.36

Henriatta Jummai Nathan, Jane .O .M Ande

引用次数: 0

Tax Audit and Tax Revenue: An Empirical Study of Federal Inland Revenue Service 税务审计与税收:联邦税务局的实证研究

IF 3.1

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-08-31 DOI: 10.56201/jafm.v8.no8.2022.pg95.112

T. Imo

{"title":"Tax Audit and Tax Revenue: An Empirical Study of Federal Inland Revenue Service","authors":"T. Imo","doi":"10.56201/jafm.v8.no8.2022.pg95.112","DOIUrl":"https://doi.org/10.56201/jafm.v8.no8.2022.pg95.112","url":null,"abstract":"This study examined audit tax and tax revenue in Nigeria by means of a causal study design on a population twenty six (26) Federal Inland Revenue Service (FIRS), field offices in south south geographical location of Nigeria. Questionnaire was distributed to three (3) management staff from each of the 26 FIRS field offices in south south Nigeria, given a total of 78 respondents that constitutes the respondents of the study. Data for analysis was collected through primary and secondary sources. Primary data was collected through questionnaire to respondents, while secondary data was collected from FIRS Planning, Research and Statistics Department, Central Bank of Nigeria (CBN) statistical bulletin, articles, magazines and other published studies for the period covering 2007-2019. A total of 78 copies of the questionnaire were produced and distributed, of which 73 copies (93.59%) were successfully retrieved. However, out of the 73 copies that were returned only 67 copies (85.90%) were valid and used for the analysis. The simple linear regression was used for analysis. The results revealed that, tax audit statistically and significantly has effect on petroleum profit tax, company’s income tax and value added tax. The study therefore concludes that, tax audit has positive significant effect on tax revenue in Federal Inland Revenue Service of Nigeria, and recommends that the Federal Inland Revenue Service should encourage, strengthen and give more attention to the tax audit department, focus more on the audit activities of the service. This will deter taxpayer’s against non-compliance and discourage tax evasion","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"1 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90158431","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 Accounting Information on Stock Price: Evidence from Quoted Healthcare Firms in Nigeria 会计信息对股价的影响:来自尼日利亚上市医疗保健公司的证据

IF 3.1

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-08-31 DOI: 10.56201/jafm.v8.no8.2022.pg48.61

Anthonia Chioma Offia, A. Odubuasi, K. J. Okafor

{"title":"Effect of Accounting Information on Stock Price: Evidence from Quoted Healthcare Firms in Nigeria","authors":"Anthonia Chioma Offia, A. Odubuasi, K. J. Okafor","doi":"10.56201/jafm.v8.no8.2022.pg48.61","DOIUrl":"https://doi.org/10.56201/jafm.v8.no8.2022.pg48.61","url":null,"abstract":"This study examined the effect of accounting information on stock price of quoted Healthcare firms in Nigeria, with a view to determining whether accounting information has the ability to significantly affect stock price of Healthcare firms in Nigeria. The study used ex-post facto research design and the period covered was ten years; spanning from 2012 to 2021. Secondary data were sourced from the Nigerian Stock Exchange Fact Book and Annual financial reports of companies quoted on Healthcare sector of Nigeria stock exchange. Ordinary least square (OLS) regression method was employed for the analysis. Findings show that accounting information in terms of dividend per share has a significant positive effect on stock price of Healthcare firms in Nigeria. While earnings per share and return on equity showed no significant positive effect on stock price indicator. Based on the findings, the study recommends that the Healthcare companies should continue to channel their resources towards improving DPS to ensure that it maintains 1% level of significance; as this will enable them to have high MPPS value and invariably perform better in the stock market. The study further recommends that companies should try to maintain high EPS and ROE as though insignificant in the short run, have tendency of being significant in the long run.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"123 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85677417","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

Auditor’s Independence and Quality of Financial Reporting in Listed Real Estate and Construction Firms in Nigeria 尼日利亚房地产和建筑上市公司审计师独立性与财务报告质量

IF 3.1

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-08-31 DOI: 10.56201/jafm.v8.no8.2022.pg11.28

Professor Felix Olurankinse, Joshua Abayomi Ojo

{"title":"Auditor’s Independence and Quality of Financial Reporting in Listed Real Estate and Construction Firms in Nigeria","authors":"Professor Felix Olurankinse, Joshua Abayomi Ojo","doi":"10.56201/jafm.v8.no8.2022.pg11.28","DOIUrl":"https://doi.org/10.56201/jafm.v8.no8.2022.pg11.28","url":null,"abstract":"This study investigates the impact of auditor’s independence on audit quality of listed real estate/construction companies on the Nigerian Exchange Group from 2012 to 2021. The study made use of ex-post facto research design and since the entire population was below ten firms, census sample approach was adopted. Secondary data of the firms were sourced from audited financial statements of the nine companies used for the study. Data were analyzed using descriptive statistics, correlation matrix and panel regression technique. The findings showed that there was a significant negative relationship between audit firm tenure and audit quality while the relationship between audit firm rotation and audit quality was positive and statistically insignificant. Company size showed a strong positive relationship with audit quality. Thus the study recommends that real estate/construction firms in Nigeria should make use of the services of audit firms with unquestionable track records of audit quality and reputation. In addition, real estate/construction firms in Nigeria should continually employ the services of one of the big audit firms whose character and integrity are beyond reproach. Lastly, the study recommends that management of quoted real estate/construction firms in Nigeria should consider increasing audit fees as benefits accruable to the firms far outweigh relevant costs","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"43 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82877483","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

Accounting for Borrowing and Economic Performance in Nigeria 尼日利亚的借贷会计和经济表现

IF 3.1

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-08-31 DOI: 10.56201/jafm.v8.no8.2022.pg1.10

Peter Emeka, Ogochukwu Kenechukwu Aziagba

{"title":"Accounting for Borrowing and Economic Performance in Nigeria","authors":"Peter Emeka, Ogochukwu Kenechukwu Aziagba","doi":"10.56201/jafm.v8.no8.2022.pg1.10","DOIUrl":"https://doi.org/10.56201/jafm.v8.no8.2022.pg1.10","url":null,"abstract":"Accounting for public borrowing and economic performance has been under constant investigation. This study examined the impact of public borrowing on economic performance of Nigeria between 1981 to 2021. The study adopted purposive sampling technique and analyzed using robust ordinary least square (ROLS). The independent variables are, Federal government domestic debt (FDD), Federal government foreign debt (FGFD), cost of servicing debt (CSD), Federal government total expenditure (FGTE) is proxy for dependent variable while, Federal government retain revenue (FGRR) is proxy for control variable. The study reveals that that of FGRR, CSD, FGFD and FGDD have positive and significant influence on the federal government total expenditure. The study was theoretically anchored on Dual Gap Analysis Theory, Adam Smith Theory on Debt and The Ricardo Theory of Public Debt. The study then concludes that Nigeria’s total expenditure has risen astronomically through domestic debt, foreign debt, government retained earnings and debt servicing. The study then recommends very strong internal control should be enforced over utilization of borrowed fund, domestically or externally, as well as investigation of the internal control process of borrowing in Nigeria. Again, debt should be reduced so as to reduce the cost burden of servicing it as debt overhang is imminent in Nigeria. The study recommends the investigation of the internal control process of borrowing in Nigeria for further study.","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"1 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85004508","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

Impact of Management Accounting Techniques on Financial Performance of Manufacturing Firms in Nigeria 管理会计技术对尼日利亚制造企业财务绩效的影响

IF 3.1

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-08-31 DOI: 10.56201/jafm.v8.no8.2022.pg79.94

Ayo Ade Farayola, Mahdi Umar, Alhaji Kawugana

{"title":"Impact of Management Accounting Techniques on Financial Performance of Manufacturing Firms in Nigeria","authors":"Ayo Ade Farayola, Mahdi Umar, Alhaji Kawugana","doi":"10.56201/jafm.v8.no8.2022.pg79.94","DOIUrl":"https://doi.org/10.56201/jafm.v8.no8.2022.pg79.94","url":null,"abstract":"The study examines the assessment of the impact of management accounting Techniques on Financial Performance of Manufacturing Firms in Nigeria. The objective of the study is to determine whether management accounting Techniques can be used as a tool for performance evaluation in manufacturing company and to evaluate the relationship between the success of manufacturing firms and management accounting techniques, also to find out whether management accountants in manufacturing firms employ management accounting techniques in data analysis. Data were collected from primary source and secondary source for the study. However, as a survey study the data for the research will be collected through questionnaire and interview, The research design used for this study is both quantitative and qualitative. The study adopts simple random sample as the sampling techniques. The population of the study was 67 staff randomly selected from the targeted population. The findings of the study show that management accounting techniques have significant effect on the performance evaluation of manufacturing firm. Based on the findings the study recommended that Companies should consult professional accountants and techniques to be used when starting a business to learn about various laws that affect their mode of operations and also to familiarize them self with the variety of financial record that the need to maintain. Based on the findings one can conclusively affirm that management accounting employ management accounting techniques in decision making and that firms cannot do without management accounting practices. Management should adopt techniques that would aid attainment of organizational goals. Techniques employed should be constantly appraised to remove possible areas of weakness","PeriodicalId":53178,"journal":{"name":"Journal of Public Budgeting, Accounting and Financial Management","volume":"28 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90167403","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: 1