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Promoting Transparency & Accountability For Sustainable Democracy In Nigeria, Thankgod C. Agwor Dr
Promoting Transparency & Accountability For Sustainable Democracy In Nigeria, Thankgod C. Agwor Dr
ThankGod C Agwor Dr
Accountability and transparency constitute the panacea for sustainable democracy in forward looking nations of the world. This paper therefore, outlines possible causes of corruption, their economic impact and general effect on the socio-political well being of the Nigerian citizenry. It further discusses the sensitive issues of foreign debt, the apparently very laudable programmes without benefits (due to non-transparent modes of implementation), oil revenues, and delayed auditing of petroleum proceeds. It also addresses the anti-corruption machineries of government and some of the notable achievements recorded. The way forward is expected to, among others, address the Niger Delta question, with particular regard …
Comparative Analysis Of Earnings Rate, Retention Rate, And Dividend Yield As Determinants Of Capital Growth, Chukwumah Lawyer Obara Dr
Comparative Analysis Of Earnings Rate, Retention Rate, And Dividend Yield As Determinants Of Capital Growth, Chukwumah Lawyer Obara Dr
Lawyer Obara
This work compares the effect of earnings rate, retention rate, and dividend yield on the capital growth of Nigeria’s emerging and large companies. The study begins with a detailed characterization of emerging companies in the Nigerian context, then, an extensive review of both theoretical and empirical studies surrounding dividend policy. Thereafter, three contextual arguments or positions were identified to provide the framework for divergence or convergence with the outcome of this work. The variables were also specified as follows: growth in equity capital (GEC), earnings rate (ER), retention rate (RR), and dividend yield (DY). Two procedures were adopted: z-test of …
Conventional Absorption Costing Information Model And Operational Decision Making: An Empirical Critique, Chukwumah Lawyer Obara Dr
Conventional Absorption Costing Information Model And Operational Decision Making: An Empirical Critique, Chukwumah Lawyer Obara Dr
Lawyer Obara
The need to lend a voice to the ongoing debate (which has remained inconclusive) as to the decision usefulness of the absorption costing information model in support of operational decision making informed this current study. The study obtained data from management accountants and operation managers of 82 firms listed on the floor of the Nigerian Stock Exchange (NSE) as to determine at first hand the decision usefulness of the absorption costing information model. From the review of the literature and the analysis of the field data, it was observed that the absorption costing information model has not lost its place …
Cost Control And Accountability For Effective Budget Implementation, Chukwumah Lawyer Obara Dr
Cost Control And Accountability For Effective Budget Implementation, Chukwumah Lawyer Obara Dr
Lawyer Obara
Because of the growing complexity of business and business problems and because of the movement toward decentralization in large enterprise, increased attention is being given to better planning and control techniques. Consequently, the use of sound budgeting techniques is becoming more prevalent. Again, corporate restructuring has resulted in a treno toward placing the responsibility for budgeting at higher levels in the organization allowing for a stronger cost control and accountability measures. Consequently, the paper advocate the use of cost control method to monitor, evaluate, and ultimately enhance the efficiency of specific business areas such as departments, divisions, or product lines. …
Fiscal Transparency, Accountability And Corporate Collapse: A Post-Mortem Analysis Of Failure Of State-Owned Enterprises (Soes) In Nigeria, Chukwumah Lawyer Obara Dr
Fiscal Transparency, Accountability And Corporate Collapse: A Post-Mortem Analysis Of Failure Of State-Owned Enterprises (Soes) In Nigeria, Chukwumah Lawyer Obara Dr
Lawyer Obara
The study investigated through a post mortem research paradigm the extent to which lack of fiscal transparency and accountability accounted the collapse of SOEs in Nigeria without prejudice to other variables identified in previous studies. The study adopted the fiscal transparency and accountability code of good conduct as evolved by the IMF in building the model tested in the study. The paper observed that institutionalization of the tripod of: clarity of roles and responsibilities (which is a cardinal principle of internal control); public availability of information; and open preparation and proper of implementation of budget would have contributed significantly to …
Conventional Human Asset Accounting Treatment And Corporate Profitability Evaluation, Chukwumah Lawyer Obara Dr
Conventional Human Asset Accounting Treatment And Corporate Profitability Evaluation, Chukwumah Lawyer Obara Dr
Lawyer Obara
The past few decades have witnessed a global transition from manufacturing to service based economies. The fundamental difference between the two lies in the very nature of their assets. In the former, the physical assets like plant, machinery, material etc are of utmost importance. In contrast, in the later, knowledge and attitudes of the employees assume greater significance. For instance, in hospitals, academic institutions, consulting firms etc, the total worth of the organization depends mainly on the skills of its employees and the service they render. Hence, the success of these organizations is contingent on the quality of their human …
Curbing Occupational And Financial Reporting Fraud: An Alternative Paradigm, Chukwumah Lawyer Obara Dr
Curbing Occupational And Financial Reporting Fraud: An Alternative Paradigm, Chukwumah Lawyer Obara Dr
Lawyer Obara
The increasing rate and character of occupational fraud and in particular fraudulent financial reporting has continued to attract global attention. This virus appears to be evolving a more complex character and increasingly becoming immune to the global efforts at containing it. Various efforts have been evolved towards addressing this global challenge, especially the celebrated Sarbanes-Oxley Act which came into effect in 2002 in the USA and the extreme legal measures of life imprisonment and the death penalty in some legal jurisdictions around the world for fraudulent activities. All these measures have recorded various degrees of success, but none had been …
Human Asset Accounting Treatment And Corporate Profitability Evaluation-A Literary Reflection, Chukwumah Lawyer Obara Dr
Human Asset Accounting Treatment And Corporate Profitability Evaluation-A Literary Reflection, Chukwumah Lawyer Obara Dr
Lawyer Obara
With the growing emergence of the knowledge economy, the traditional evaluation of organization’s human resource has been a subject of intellectual controversy due to the recognition that human asset is an increasingly important part of an enterprise’s total value. Chen and Lin (2003:16) observed that the succession of the human intellect over machines and equipment in the contribution to industrial value makes a financial statement that relegates human asset expenditure to expenses inadequate if not obsolete. Hence, this paper discusses scholarly opinions concerning the treatment of human assets accounting and the valuation of corporate profitability. Drawing from literature that is …
Management Information Systems And Corporate Decision– Making: A Literature Review, Chukwumah Lawyer Obara Dr
Management Information Systems And Corporate Decision– Making: A Literature Review, Chukwumah Lawyer Obara Dr
Lawyer Obara
Information has become an essential resource for managing modern organizations. This is so because today’s business environment is volatile, dynamic, turbulent and necessitates the burgeoning demand for accurate, relevant, complete, timely and economical information needed to drive the decision-making process in order to accentuate organizational abilities to manage opportunities and threats . This paper is a reflection of amassed discourse available in literature concerning the nexus between management information systems – MIS and corporate decision- making. The paper suggests that a painstaking development and management of MIS in organizations is capable of triggering decisions that would not only be fast …
Budget Preparation And Implementation In The Nigerian Public, Chukwumah Lawyer Obara Dr
Budget Preparation And Implementation In The Nigerian Public, Chukwumah Lawyer Obara Dr
Lawyer Obara
This paper reviewed the practice of budgeting and budget implementation in Nigeria. The objective was to empirically suggest ways of getting out of the jinx of continual and repeated adverse budgetary performance. In order to secure best value in terms of allocation and utilization scarce resources in Nigeria, we advocated the concept of value Money Audit, due process and cost Audit. These concepts if properly applied alongside good public procurement philosophy will engender a strong legal, organizational and professional framework to make budgeting and budget implementation in the Nigerian Public Sector robust and effective. Therefore, the paper strongly recommend professionalism …
Ethical Concept, Professional Judgement And Financial Reporting In Nigeria, Chukwumah Lawyer Obara Dr
Ethical Concept, Professional Judgement And Financial Reporting In Nigeria, Chukwumah Lawyer Obara Dr
Lawyer Obara
This study investigates the effects of ethical concept on professional judgment in financial reporting in Nigeria. This becomes necessary because ethics seems to be the reference point for professional judgment since they provide professional accountants with guidelines for conducting themselves in a manner consistent with the responsibility of their profession. To achieve this objective, research questions were raised, hypotheses were formulated, and relevant literature was reviewed. The research instrument was a carefully constructed questionnaire which was personally administered by the researchers to a sample of hundred and thirty-six (136) professional accountants in Port Harcourt. The data collected were analyzed using …
Human Asset Accounting : Strategic Lessons For Quoted Firms In Nigeria, Chukwumah Lawyer Obara Dr
Human Asset Accounting : Strategic Lessons For Quoted Firms In Nigeria, Chukwumah Lawyer Obara Dr
Lawyer Obara
This study examines human asset accounting (HM) treatments in firms quoted on the Nigerian Stock Exchange (NSE) . It is intended to strategically determine the effects of passive and constructive HM practices on the corporate profitability of quoted firms in Nigeria. Drawing from the Nigerian Stock Exchange Fad Book (2006), 207 quoted firms constitute the study population. Research questionnaire was administered on sampled 136 quoted firms, out of which submissions from 100 (73.5%) were timely returned and expediently adopted for analysis. The main decisional statistical index for test of hypotheses is represented by coefficient of determination (tf). The findings clearly …
Eliminating Poverty Through Micro-Credit Delivery: Experience From Host Communities, Chukwumah Lawyer Obara Dr
Eliminating Poverty Through Micro-Credit Delivery: Experience From Host Communities, Chukwumah Lawyer Obara Dr
Lawyer Obara
This study examines the delivery of micro-cred it schemes as corporate social responslbility strategy tor eliminating poverty In the host cornmunmes of two major 011 and gas corporations In Nigeria. An in-depth review of related I~erature identified two key parameters for assessing tnt. performance of micro-credit schemes, sustainabilny index (SI) and repayment rate (RR), wh i::.~ are strong determinants of outreach or of the propensity to extend the scheme from first tranche to subsequent tranches. In all, 25 schemes implemented in Rivers , Bayelsa, Imo and Delta states of Nigeria were studied (8 by Shell and 17 by Agip). A …
Promoting Sustainable Tax Compliance In The Informal Sector In Nigeria, Chukwumah Lawyer Obara Dr
Promoting Sustainable Tax Compliance In The Informal Sector In Nigeria, Chukwumah Lawyer Obara Dr
Lawyer Obara
This study aimed at investigating the causes of low level of tax compliance in the informal sector in Nigeria and the effect of such, on economic growth and development, with a view to designing appropriate strategies for promoting sustainability of tax compliance in the sector. To achieve this goal, some research questions were raised, hypotheses were formulated and critical review of related literature was made. The population for this study comprises both tax officials and business owner managers in the south-east region of Nigeria. To gather the primary data for the study, a set of questionnaire was administered on 200 …
Financial Strategies And Survival Of Small Scale Business In Nigeria: An Empirical Survey Of Selected Firms In Rivers Stat E., Chukwumah Lawyer Obara Dr
Financial Strategies And Survival Of Small Scale Business In Nigeria: An Empirical Survey Of Selected Firms In Rivers Stat E., Chukwumah Lawyer Obara Dr
Lawyer Obara
~ pope' eo .wamrnos fix! fr,, ;Jf)C/al s!rlJrcg ics 01 small scnlc busine ss(fs and fl oot tfIese strarelJ'u 'NJI r1 n h.Jnc.~ 1~1( $UrvIV"J'" a t:kJ vo Jc;J~ «enemy. The SurVf1t was COfld:JCfod ....,th ol w mplc o ( ' 20 Sf11" f sc.n/o bUSI~ s.sC S D'ld 20 f,niJnci'-t f ",.'. ttfutlOn$ .., Rrvers St8re It was otst'rwd, !rom tI ~ fund provtdtNSP<'fsp
Human Asset Accounting And Corporate Profitability Evaluati On: Tile Nigerian Experien, Chukwumah Lawyer Obara Dr
Human Asset Accounting And Corporate Profitability Evaluati On: Tile Nigerian Experien, Chukwumah Lawyer Obara Dr
Lawyer Obara
Management skepticism has been identified as the major cause of delay in th e devel opm en t o f hum an reso urces in org anizations. Tho ugh management is awa re of the nu merous ben e fit s associated with human resources accounting (liRA), there seems to be a number or obstac les to thei r nccc ptatucc. l'hc nun-c importatu arc that .. l i rs d~. human resou rce accounti ng has to some managers seemed a hastily constructed disci pli ne made up of recycl ed spare part s from ot her disc iplines …
Sales Strategies Of Accounting Firms In Nigeria, Bariyima David Kiabel Dr
Sales Strategies Of Accounting Firms In Nigeria, Bariyima David Kiabel Dr
Bariyima DAVID kIABEL
No abstract provided.
History And Philosophy Of Accounting Thought: A Nigerian Accounting Historical Reflection, Chukwumah Lawyer Obara Dr
History And Philosophy Of Accounting Thought: A Nigerian Accounting Historical Reflection, Chukwumah Lawyer Obara Dr
Lawyer Obara
This study presents the maj or historical development that has been resp onsible for the development oj current accou nting thoughl and philosophy. While accounting thought andphilosophy have developed over time in response to many changes in the economic and sociological environment, it has also de veloped along geographical lines to meet the different needs of many national cultures. economic and political systems. Many nations hav e fo llowed the lead of the more advanced countries oj the world. but there is increasing evidence that no single nation or group of nations has a monopoly on the development of accounting …
Financial Management Practices Of Multinational Corporations: Constraints And Experiences In Developing Economies, Chukwumah Lawyer Obara Dr
Financial Management Practices Of Multinational Corporations: Constraints And Experiences In Developing Economies, Chukwumah Lawyer Obara Dr
Lawyer Obara
77,e growing attractiveness £?fgovernment interventiouin r"e· ~t;;,f;m~\:'~ft'kr·de\.~i~l'fn~ to:. countr ies has increased the political risks thai multinational firms have his toricalli been subj ected 10. These risk" ,H.'emto exertadifferent iI;lPaC/ onfinancial manaJ(e;l1e/~1 pract ices ofmnltinational corporations in thes e countries. J'{lriOll.f environmental constra ints, ranging / rom conflictinv (ax laws to y outh restivenes s lend /0 inhibit/he .'WC:Cl!SS a/financial management practices ofl\1NC~~ in deve loping countr ies. JJtJ recomm end that government in developing countrie s should fly 10 lake the peculiar socio/economic ill de velop ing s ituatio n ofthe Local communities into cons ideration while formula ting …
Accounting Information And Commercial Bank Lending Decision In Nigeria: An Empirical Analysis Of Selected Banks In Port Harcourt, Chukwumah Lawyer Obara Dr
Accounting Information And Commercial Bank Lending Decision In Nigeria: An Empirical Analysis Of Selected Banks In Port Harcourt, Chukwumah Lawyer Obara Dr
Lawyer Obara
Accounting information on lending decisions has become an issue of major economic significa nce in recent years. This has led to rcsurgence of interest in analyzing the phenomenon and diverse forms that accounting information assume in the influencing lending proposal and credit management in banks. In this study, an empirical analysis of the role of accounting information on commercial banks lending was undertaken. It was revealed that accounting information is indispe nsable in commercial banks lend ing decision and the there is need for the Nigerian Accounting Standard Board (NASD) to distinguish between the different categories of business uni ts …
Sales Strategies Of Accounting Firms In Nigeria, Chukwumah Lawyer Obara Dr
Sales Strategies Of Accounting Firms In Nigeria, Chukwumah Lawyer Obara Dr
Lawyer Obara
Sales strategic considerations arc the most critical factors in plannin g and deci sion making. Based on the restriction imposed by the Inst itute of Charte red Accountant of Nigeria on accounting firms, not to commerciall y adve rtise th eir servi ces to the public, the paper sought to find out the sales stra tegies which accounting firms emplo y as a system of attra cting clients . The study reveals that Nigerian accounting firms are uniform in their usc of sales strategi es. but arc different in the treatment of importance attached to the various strategic options. The …
Management Accounting Practi Ces: Trends And Issues -A Nigerian Empirical Reflecti Ons, Chukwumah Lawyer Obara Dr
Management Accounting Practi Ces: Trends And Issues -A Nigerian Empirical Reflecti Ons, Chukwumah Lawyer Obara Dr
Lawyer Obara
A BSTRACT. This s tudy p ro vides some p relim inary fi ndings p ertaining to the trends and changes i ll manuf actur ing and managem e nt account ing p ract ic es by Nigerian man uf acturing Comp anies .I t also highligh ts issu es rela ted to changes in the producti on cos ts and product costing meth ods. The man uf acturing environment is un dergoing dr amat ic trans/ ormation du e to the growing intensity in competition, the rapid pa ce of technological changes and advancements in computerization.
Economic Policy, Corruption And Accounting Problems Of Foreign Organizations In Nigeria: An Empirical Analysis, Chukwumah Lawyer Obara Dr
Economic Policy, Corruption And Accounting Problems Of Foreign Organizations In Nigeria: An Empirical Analysis, Chukwumah Lawyer Obara Dr
Lawyer Obara
Corruption has become an issue of maier political and economic significance in recent years, The impacts of corruption affect the national currency of a country and the operations of foreign firms in that country, We show in this empirical investigation the relationship between government policy and the impacts on national currency of the country and the operations of foreign firms, We conclude that democratic government can offer a positive role in addressing corruption in a developing country using Nigeria as a case study.
Accounting Information Need For Strategy Formulation, Implementation And Control, Chukwumah Lawyer Obara Dr
Accounting Information Need For Strategy Formulation, Implementation And Control, Chukwumah Lawyer Obara Dr
Lawyer Obara
The role of accounting information in operational planning is well known. This is however not the case with strategic management. Against this background this study was carried out to determine the need for accounting information in strategy formulation, implementation and contro l. Our study revealed that accounting information ranks high in strategy formulation, implementation and control in Nigeria. We also found management accounting information to be the most important information for strategy implementation and control phase of strategic management. We recommend an accounting model that is capable of embracing subjective judgement about the uncertain future and also the inclusion of …
Social Action: A Basis For Redirecting Research In Business Policy, Chukwumah Lawyer Obara Dr
Social Action: A Basis For Redirecting Research In Business Policy, Chukwumah Lawyer Obara Dr
Lawyer Obara
No abstract provided.