Volume 9, Issue 2 (December)

1

Research Article DOI: 10.68022/kajarap.2024.un1q5le0

MODERATING EFFECT OF BOARD OWNERSHIP ON THE RELATIONSHIP BETWEEN INFORMATION ASYMMETRY AND SHARE PRICES OF LISTED FINANCIAL SERVICE FIRMS IN NIGERIA

Ibrahim Lawal^*, Joshua Okpanachi, Agbi Eniola Samuel, Suleiman Tauhid

This study examined the moderating influence of board ownership on the relationship between information asymmetry and share prices among listed financial service firms in Nigeria. Utilizing a correlational research design, the study encompasses 53 financial service firms as of December 31, 2022, employing a census sampling technique to select a sample of 36 firms. Over an 11-year period (2012–2022...

Dec, 2024 pp. 1-14 135 views 5 downloads

2

Research Article DOI: 10.68022/kajarap.2024.vcaa3dcm

SERVICE QUALITY AND CUSTOMER SATISFACTION IN BANKING INDUSTRY DURING CASHLESS POLICY IN BIDA LOCAL GOVERNMENT

Ochimana Philip, Abdullahi Babandako Yusuf^*, Shuaibu Sayedi Ndagi

Today, a variety of market participants use service quality as a crucial tool to help them establish themselves in the market effectively. Additionally, a happy client is likely to remain a devoted one and return to the bank. However, this study examined the impact of customer satisfaction on service quality in the Nigerian banking sector. Data was sourced through the questionnaires distributed to...

Dec, 2024 pp. 15-30 11 views 2 downloads

3

Research Article DOI: 10.68022/kajarap.2024.9wo79ljm

IMPACT OF CORPORATE SOCIAL RESPONSIBILITY (CSR) EXPENDITURE ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Alheri Grace Dauda^*, Murtala Abdullahi, Benjamin Kumai Gugong

This study examined the impact of corporate social responsibility expenditure on financial performance of listed deposit money banks in Nigeria. On the methodology, the ex-post factor research design was employed in an attempt to achieving the objective of the study. Asample of eleven (11) out of a total population of fourteen (14) listed deposit money banks in Nigeria was selected for the study. ...

Dec, 2024 pp. 31-42 174 views 5 downloads

4

Research Article DOI: 10.68022/kajarap.2024.zoazojoy

OWNERSHIP STRUCTURE AND CASH HOLDING OF LISTED SERVICE FIRMS IN NIGERIA: THE MEDIATING EFFECT OF FINANCIAL LEVERAGE

Moses Babatunde Olanisebe^*, Fadheela Uba Jahun, Esther Olawumi Abiola

This study examines the mediating effect financial leverage on the relationship between ownership structure and cash holdings of listed service in Nigeria. The study employed correlational research design using data from the Nigeria Exchange Group (NGX) over the period of fourteen years (2010- 2023). Data was extracted from the annual report and accounts of the seventeen out of twenty-two listed s...

Dec, 2024 pp. 43-60 14 views 3 downloads

5

Research Article DOI: 10.68022/kajarap.2024.2y3jhvmd

MODERATING EFFECT OF INTELLECTUAL CAPITAL ON THE RELATIONSHIP BETWEEN RISK GOVERNANCE AND FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Shehu Abubakar^*, Rabi'u Ya'u Muhammad

The main objective of the study is to examine the moderating effect of intellectual capital on the relationship between risk governance and financial performance of listed deposit money banks in Nigeria. The population of the study consists of all deposit money banks listed on the floor of Nigerian st Exchange Group as at 31 December, 2022. The study period was twelve years from 2011 to 2022. The ...

Dec, 2024 pp. 61-72 25 views 5 downloads

6

Research Article DOI: 10.68022/kajarap.2024.421mr595

IMPACT OF DISCRETIONARY PRODUCTION COST ON VALUE OF LISTED OILAND GAS MARKETING COMPANIES IN NIGERIA

Shehu Amina Lawan^*, Salihu Maimina Adamu, Rabiu Naja'atu Bala, Moses Babatunde Olanisebe

The study examined the impact of discretionary production cost on value of listed oil and gas marketing companies in Nigeria. The study used secondary panel data techniques for data analysis and interpretations in order to fully capture the objectives. The population of this study is made up of twelve oil and gas marketing companies listed NGX for a period of thirteen (13) years (2010-2022). Out o...

Dec, 2024 pp. 73-84 66 views 3 downloads

7

Research Article DOI: 10.68022/kajarap.2024.c0c58gmy

EFFECT OF LIQUIDITY RISK AND LIQUID ASSET ON THE PROFITABILITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Aitimon Joseph^*, Mamman Salisu, Badara Mu'azu Saidu, Isma'il Tijani Idris

Global financial meltdown in the past decade clearly exposed significant failures within the structures of the financial systems that support liquidity risk management in banks across the world. The research aims at establishing the effect of liquidity risk on the profitability of listed deposit money banks in Nigeria. Study was centered on a representative sample of 14 listed deposit money banks ...

Dec, 2024 pp. 85-98 50 views 5 downloads

8

Research Article DOI: 10.68022/kajarap.2024.p7xhjwl7

DIVIDEND POLICY AND FIRM VALUE OF LISTED CONSUMER GOODS FIRMS IN NIGERIA

Dachomo, Gloria Pam^*

This study examines dividend policy on firm value of listed consumer goods firms in Nigeria. Proxies to measure dividend policy are dividend pay-out ratio and retained earnings, while the firm value is proxied by Tobin's Q within the period from 2016 to 2022. Panel data was used to analyse the data sourced from the individual financial reports of the listed consumer goods firms. The study employed...

Dec, 2024 pp. 99-112 49 views 9 downloads

9

Research Article DOI: 10.68022/kajarap.2024.6pm4iv81

BOARD OF DIRECTOR'S ROLE IN ENSURING AUDIT QUALITY AMONG COMPANIES LISTED IN THE NIGERIAN EXCHANGE GROUP

Aliagu Samuel Chukwuka^*, Iyoha Agbonrha-oghoye Imas

This study investigates Board of Directors (BoDs) attributes and audit quality (AQ) among companies listed on the Nigerian Exchange Group (NGX). The study adopts a longitudinal research design while a census of the entire 165 non-financial companies listed in the NGX was taken as at December 31, 2022. However, annual reports were only available for 156 companies, obtained the period between 2017 a...

Dec, 2024 pp. 113-132 55 views 4 downloads

10

Research Article DOI: 10.68022/kajarap.2024.qzw0tsqz

EFFECT OF CAPITAL STRUCTURE AND CEO GENDER ON THE FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Bako Gideon David^*, Nasirudeen Abubakar, Benjamin Kumai Gugong

This study examined the effect of capital structure and CEO gender on financial performance of listed deposit money banks (DMB) in Nigeria for the period of ten years from 2012-2021. The study adopted the correlation and ex-post facto research design and a sample size of 13 out of a population of 14 st DMBs listed on the floor of the Nigerian Exchange Group as at 31 December, 2021. Secondary data ...

Dec, 2024 pp. 133-148 35 views 6 downloads

11

Research Article DOI: 10.68022/kajarap.2024.7lj7le5q

IMPACT OF CREDIT RISK ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Manava Dauda Daniel^*, Nuraddeen Usman Miko, Usman Abbas, Idris Mohammed

The study examined the impact of credit risk on financial performance of listed deposit money banks in Nigeria. The study adopted correlation and ex-post factor research design. The population of the study consist of all listed deposit money banks in Nigeria. Census sampling technique is employed. Multiple Regression model based on ordinary least square (OLS) was adopted in analyzing the panel dat...

Dec, 2024 pp. 149-164 63 views 6 downloads

12

Research Article DOI: 10.68022/kajarap.2024.j2i07hy6

AUDIT FIRM ATTRIBUTES AND FINANCIAL REPORTING QUALITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Nicholas Hassan Samuel^*, Benjamin Kumai Gugong, Isuwa Dauda

This study examines audit firm attributes and financial reporting quality of listed Deposit Money Banks (DMBs) in Nigeria for the period of thirteen years, 2011-2023. The study adopted correlation research design and a census sample of 13 listed deposit money banks (DMBs) on the floor of Nigerian Exchange Group as at 31st December, 2023. Secondary data from the firms' annual audited financial repo...

Dec, 2024 pp. 165-180 60 views 11 downloads

13

Research Article DOI: 10.68022/kajarap.2024.k3bhyo6w

GOVERNANCE MONITORING MECHANISM AND FINANCIAL REPORTING TIMELINES OF LISTED MANUFACTURING FIRMS IN NIGERIA

Ibrahim Musa Sodangi^*, Nasirudeen Abubakar, Dachomo, Gloria Pam

In today's global financial environment, corporate governance mechanisms play a critical role in ensuring the timeliness and accuracy of financial reporting. It is as a result that this study attempts to unfold the influence of governance monitoring mechanisms on financial reporting timeliness of listed manufacturing companies in Nigeria. The study was anchored on agency theory and theory of inspi...

Dec, 2024 pp. 181-194 67 views 5 downloads

14

Research Article DOI: 10.68022/kajarap.2024.hs9lpf5i

EXPLORING THE MODERATING ROLE OF GOVERNMENT OWNERSHIP ON THE NEXUS BETWEEN BOARD ATTRIBUTES AND CAPITAL STRUCTURE OF PUBLICLY TRADED MANUFACTURING COMPANIES IN NIGERIA

Haruna Muhammed Musa^*, Muhammed Tahir Dahiru

This study investigated the moderating role of government ownership on the nexus between board attributes and capital structure of listed manufacturing companies in Nigeria using quantitative approach and a correlational research design in analyzing panel data from thirty-seven firms. Ordinary least square regression was utilized as a tool for data analysis. The outcomes derived from the analysis ...

Dec, 2024 pp. 195-206 75 views 4 downloads

15

Research Article DOI: 10.68022/kajarap.2024.ammvvxb9

DETERMINANTS OF TAX COMPLIANCE ON TAX PAYERS IN KADUNA METROPOLIS, KADUNA STATE

Sagir Rabiu^*, Mannir Dabo, Kester Danjuma Enebi

Government at all levels in Nigeria has been making efforts to diversify revenue source, because revenue from oil is no longer sustainable. However, the contribution of revenue from taxpayers remains at insignificant level in all the states across Nigeria. Thus, the study examined the effect of quality governance and tackling of corruption on tax compliance among tax payers in Kaduna State metropo...

Dec, 2024 pp. 207-216 93 views 3 downloads

16

Research Article DOI: 10.68022/kajarap.2024.cvtjhbgj

BOARD CHARACTERISTICS AND FINANCIAL PERFORMANCE OF PENSION FUND ADMINISTRATORS (PFAS) IN NIGERIA

Oyedepo Odunayo Fasila^*, Bello Muhammed, Olaiya Abiodun Lukuman

Aresurgence of interest in corporate governance studies can be attributed to the scandals and corporate failures that have occurred recently in every part of the world. Scandals are merely the outward expressions of several underlying causes that have made corporate governance a major concern during the past twenty years. Nigeria is making progress toward financially sound pension systems that wil...

Dec, 2024 pp. 217-228 47 views 5 downloads

17

Research Article DOI: 10.68022/kajarap.2024.on08b0p9

SUSTAINABILITY REPORTING AND FINANCIAL PERFORMANCE OF QUOTED NONFINANCIAL FIRMS IN NIGERIA

Ohiokha Godwin^*, Wilson Osarodion Famous

This study examined empirically the effect of sustainability reporting on financial performance of quoted non-financial firms in Nigeria. The study covers a period of fifteen years with sustainability being represented by economic reporting, social reporting, and environmental reporting, while financial performance is represented by return on assets and return on equity. This study adopts the expo...

Dec, 2024 pp. 229-250 87 views 9 downloads

18

Research Article DOI: 10.68022/kajarap.2024.oxkuytn3

CORPORATE SOCIAL RESPONSIBILITY EXPENDITURE, SOCIAL DISCLOSURE AND THE VALUE OF LISTED CONSUMER GOODS FIRMS IN NIGERIA: ROLE OF EXECUTIVE COMPENSATION

Dorothy Aje Patrick Edem^*, Terzungwe Nyor, Nma Mohammed Ahmed, Agbi Eniola Samuel

Disclosure of information relating to a firm's social commitment has become a critical strategy for the firm's visibility and increased investors' confidence. Similarly, investment in corporate social responsibility (CSR) ventures remain pivotal in improving corporate image, reputation and positive perception of investors and other members of society, which ultimately reflects on the firm's value....

Dec, 2024 pp. 251-266 109 views 14 downloads

19

Research Article DOI: 10.68022/kajarap.2024.e10hpark

THE IMPACT OF CORPORATE GOVERNANCE ON EARNINGS MANAGEMENT OF LISTED CONSUMER GOODS FIRMS IN NIGERIA

Adams Christiana^*

This study examines the impact of corporate governance on earnings management in 16 out of 21 listed consumer goods firms on the Nigerian Exchange Group from 2014 to 2023. Census sampling technique and filtering were applied to select the sample. The study employed correlational and descriptive designs, and multiple linear regressions were employed to analyse the data. The results reveal that boar...

Dec, 2024 pp. 267-282 82 views 4 downloads

20

Research Article DOI: 10.68022/kajarap.2024.ir83e1t1

CORPORATE ATTRIBUTES AND ENVIRONMENTALACCOUNTING DISCLOSURE OF LISTED INDUSTRIAL FIRMS IN NIGERIA

Adejuwon Ayodeji. M^*, Alade Muyiwa E, Agbaje Wale H, Olorunfemi Oladele E

Environmental impacts of companies' activities have resulted into agitation for increased in environmental accounting disclosure, while the significance of corporate performance propelled companies globally to look for strategies of reducing the negative impact of companies on the environment. This study therefore investigated the effect of corporate attributes on environmental accounting disclosu...

Dec, 2024 pp. 283-296 84 views 3 downloads

21

Research Article DOI: 10.68022/kajarap.2024.mvn38a37

USER PERCEPTIONS ON THE ADOPTION OF BLOCKCHAIN TECHNOLOGY IN ACCOUNTING PRACTICES IN NIGERIA.

Dauda Ibrahim A^*, Dauda I. Musa

Blockchain technology has the potential to revolutionize accounting practices by providing enhanced transparency, security and efficiency. This study explores the perceptions of accounting professionals regarding the adoption of blockchain technology in accounting practices, while also identifying factors influencing such adoption. The study evaluates the current level of awareness and understandi...

Dec, 2024 pp. 297-310 92 views 11 downloads

22

Research Article DOI: 10.68022/kajarap.2024.p422bvp9

EFFECT OF FIRM ATTRIBUTES ON SUSTAINABILITY REPORTING OF LISTED MANUFACTURING FIRMS IN NIGERIA

Abbas Abdulrahman Ngadi^*, Chechet Shaya Luka, Hamisu S. Kargi, Sabo Bello

This study investigates the effect of firm attributes on the sustainability reporting of listed manufacturing firms in Nigeria. Reports and accounts of forty-six adjusted populations were used for the extraction of data for a period of ten years (2013-2022). Moreover, multiple regression was used as the technique for data analysis. The results reveal that firm profitability was negatively signific...

Dec, 2024 pp. 311-322 70 views 7 downloads

23

Research Article DOI: 10.68022/kajarap.2024.2ff2jasl

IMPACT OF PROFITABILITY AND LEVERAGE ON SUSTAINABILITY REPORTING OF CONSUMER GOODS FIRMS IN NIGERIA

Abbas Abdulrahman Ngadi^*, Abubakar Nafisa, Abdu Abubakar

This study examined the impact of profitability and leverage on sustainability reporting of consumer goods firms in Nigeria. The study was conducted covering the period of five (5) years covering from 2018 to 2022 over the population of twenty-six (26) out of which reports and accounts of seventeen (17) sample size of consumable goods firms were used. The extracted data of the study were analyzed ...

Dec, 2024 pp. 323-332 35 views 3 downloads

24

Research Article DOI: 10.68022/kajarap.2024.2exc5i3y

WORKING CAPITAL MANAGEMENT AND FIRM'S VALUE OF LISTED PHARMACEUTICAL FIRMS IN NIGERIA

Abiola Bolaji Ibrahim^*, Ijaiya Muhammed Olayemi, Mojeed Lolade Mohammed

Working capital reflects how the company operates on a daily basis and relates to the investment of the company in short-term assets. This study examines the impact of working capital management (WCM) on the firm value of listed pharmaceutical firms in Nigeria from 2007 to 2022. Using annual financial statements as secondary data, the study analyzes key WCM indices Cash Conversion Cycle (CCC), Ave...

Dec, 2024 pp. 333-342 53 views 3 downloads

25

Research Article DOI: 10.68022/kajarap.2024.p5yk2wvv

CORPORATE DISCLOSURE: A DEDUCTIVE APPROACH TO LITERATURE

UMAR ALIYU^*

The aim of this study is to evaluate and review existing literature on corporate disclosure, it is an anthology of the existing literature on corporate disclosure with a view to identifying the gaps to which future empirical inquiry may be directed within the Nigerian context. The paper discusses the concept of disclosure as appraised by different authors. This review is initiated with a working d...

Dec, 2024 pp. 343-354 72 views 4 downloads

26

Research Article DOI: 10.68022/kajarap.2024.w74mlpoe

IMPACT OF FIRM CHARACTERISTICS ON SUSTAINABILITY REPORTING OF LISTED MANUFACTURING FIRMS IN NIGERIA

Aminu Usman^*, Usman Suleiman, Ahmad Garba Basakkwace

This study examines the impact of firm characteristics on sustainability reporting of Listed Manufacturing firms in Nigeria from 2014-2023. The listed manufacturing firms in Nigeria are 64 as at 31st December, 2023, out of which 49 firms were selected as sample of the study after applying a filter. Specifically, the study seeks to identify the effect of firm size, leverage, managerial ownership, i...

Dec, 2024 pp. 355-370 24 views 3 downloads

27

Research Article DOI: 10.68022/kajarap.2024.4dq2airf

FEMALE CHIEF EXECUTIVE OFFICER CHARACTERISTICS AND FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

Abdulazeez Abubakar^*, Murtala Abdullahi

This study examined the effect of female Chief Executive Officer (CEO) characteristics on financial performance of listed deposit money banks (DMBs) in Nigeria for the period 2007–2022. Specifically, the study seeks to investigate if female CEO characteristics (proxy by female CEO financial expertise, female CEO nationality, female CEO industry knowledge and female CEO shareholding) have any impac...

Dec, 2024 pp. 371-378 57 views 6 downloads

28

Research Article DOI: 10.68022/kajarap.2024.ipc2tayy

BOARD ATTRIBUTES AND FINANCIAL PERFORMANCE OF LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA

Ahmed Mohammed Isogah^*

The study examines the impact of board attributes and financial performance of industrial goods firms in Nigeria. The population of the study is made up of 13 industrial goods firms in Nigeria out of which 10 industrial listed goods firms were selected as sample of the study. The study covered a period of 10 years from 2014 to 2023. Secondary sources of data were used from the annual reports and t...

Dec, 2024 pp. 379-390 30 views 3 downloads

29

Research Article DOI: 10.68022/kajarap.2024.jbuqldxp

VALUE RELEVANCE OF ACCOUNTING INFORMATION AND SHARE PRICE OF LISTED NIGERIAN COMPANIES

Orvande D. A^*, Zayol P. I, Korna J. M

The study examined the effect of value relevance of accounting information on share price of listed Nigerian companies. The ex-post facto research design was adopted for the study. The 155 listed companies across 11 sectors on the Nigerian Exchange Group constituted the population of the study. 30 companies were selected as sample size of the study through a systematic and filter technique. The st...

Dec, 2024 pp. 391-404 107 views 4 downloads

30

Research Article DOI: 10.68022/kajarap.2024.2prqi7xo

CEO GENDER, EXPERIENCE AND FINANCIAL DISTRESS LIKELIHOOD OF NIGERIAN LISTED DEPOSIT MONEY BANKS: MODERATED BY RISK COMMITTEE GENDER

Idris Mohammed^*, ABDULRAHMAN ABUBAKAR, Mark Gregory Tagwai

This study examines the moderating role of risk committee gender on the effect of CEO gender and experience on financial distress likelihood of listed deposit money banks in Nigeria during the periods of 2007 to 2021. In that regards, fourteen listed deposit money banks that formed the population of this study were all considered as sample of the study as census sampling technique. Acorrelational ...

Dec, 2024 pp. 405-420 126 views 5 downloads

31

Research Article DOI: 10.68022/kajarap.2024.4dhyhu8g

AUDITOR CHARACTERISTICS AND EARNINGS QUALITY OF QUOTED DEPOSIT MONEY BANKS IN NIGERIA

Onyeke, Abel Agbo^*

This study examined the effect of auditor characteristics on the earnings quality of quoted deposit money banks in Nigeria. Specifically, the study examined the individual effects of audit firm size, audit fees, auditor tenure, and auditor industry specialization on the earnings quality of quoted deposit money banks in Nigeria. The research adopted the longitudinal research design using panel data...

Dec, 2024 pp. 421-435 41 views 5 downloads