Abstract As being experienced in many developing countries, Nigeria has been experiencing confirmed capital flight which has been a problem believed to have adversely affected domestic investment. The existence of this problem is further accentuated by the financial globalisation process which has enabled capital to flow more freely than before between countries of the world. This study examined the relationship between capital flight in Nigeria and investment during the period of financial ...
Abstract This thesis examines macroeconomic policy and business cycles in Nigeria over the period 1970 to 2004. The study is set to fill gaps in three important areas: in-depth study of business cycles in Nigeria; application of dynamic stochastic general equilibrium (DSGE) model using Bayesian technique of solution, this complements the existing system-of-equations and the computable general equilibrium (CGE) models; and the investigation of the role of productivity, money supply, and ext...
ABSTRACT Since the promulgation of IFRS as a result of the metamorphosis of the International Accounting Standard Board from the International Accounting Standard Committee in 2001, improved global capital flow and trade were identified as some of the outcomes from using IFRS for global financial reporting practice. Due to the fact that IFRS includes more realistic measure of accounting numbers and promotes better disclosure of accounting transactions, it is adjudged as a better form of fina...
ABSTRACT This paper presents empirical findings on the impact of capital structure (leverage) on performance of quoted firms in Nigeria. The main objective of this study is to determine the overall effect of capital structure on corporate performance of Nigerian quoted firms by establishing the relationship that exists between the capital structure choices of firms in Nigeria and their return on assets, return on equity and tobin’s Q (a market performance measure). The effect of i...
ABSTRACT Fiscal decentralization, which mirrors the amount of fiscal autonomy and responsibility accorded to subnational government, has been an important subject in the policy equation of many developing, transition, and developed countries. This thesis investigates the impact of fiscal decentralization on macroeconomic performance in Nigeria. Specifically, it seeks to analyze the effects of fiscal decentralization on economic growth, inflation rate, exchange rate, and interest rate in N...
Abstract There is little known about the role of accounting information in terms of its ability to explain changes to the security prices of listed companies on the Nigerian Stock Exchange (NSE). Almost all evidence in this area is obtained from the United States or Western European countries which have sophisticated markets compared to most developing countries. This work investigates the value relevance of accounting data in the Nigerian stock market,with a view to determining whether acc...
ABSTRACT This study is aimed at examining the motivational patterns of women entrepreneurs in Small and Medium Enterprises using South-West Nigeria as case study. The specific objectives include: (i) to examine the factors that motivate women entrepreneurs across different industrial sectors in the South-West Nigeria; (ii) to and analyze the relationship between motivation and the performance of women in SMEs sub-sector; (iii) to determine the relationship between the factors ...
ABSTRACT This study investigated the Nigerian Banks’ Efficiency Performance. The period studied was 2005-2009.In addition to the above, the extent of the effect of the bank’s fixed assets, operating expenses and total deposit on their efficiency was investigated. The effect of the bank’s efficiency on their profitability was also examined. In recent years emphasis is now on using frontier analysis methods in measuring bank efficiency instead of using financial ratios .In frontier analys...
ABSTRACT The purpose of this study is to highlight factors contributing to the audit expectation gap in Nigeria. The audit expectation gap is the difference in perception between auditors and users of audited financial statements concerning the nature of auditing. Unfortunately, there have been criticisms of the auditor by the public from which opinions have emerged over the years due to business failure. It seems the users have a different idea of what auditing should be. This is what has le...
ABSTRACT The design of proposed Modern Bus Terminal at Obalende employs the use of thin-shell concrete structures in order to provide maximum space use. The study adopts a combination of primary and secondary data which were obtained through review of relevant literature and case studies and also interview of stakeholders at the intended site. The obtained data were properly analyzed and infused into the proposed design for a properly functional bus terminal with proper circulation....
ABSTRACT Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in oil prices has implications for the Nigerian economy and, in particular, exchange rate movements. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last decade. The study examined the effects of oil price, external reserves and interest rate on exchange rate volatility in Nigeria using yearly data from ...
ABSTRACT Over the years, allocation of scarce resources by hospital administrators and health policy makers to satisfy patient/consumer demands pose a serious challenge despite the fact that more resources are being allocated into the healthcare sector. Consequently, congestion in facilities which causes many patients to unnecessarily spend extra hours or days in emergency department and intensive care unit becomes inevitable. Therefore, this study aims at determining the optimal bed alloca...
ABSTRACT The research study evaluated the impact of competitive marketing on the performance of multinational and indigenous food and beverage manufacturing companies in Nigeria. The study investigated how these companies utilized marketing orientation and practices, organizational structure and strategy , marketing strategies on acquisition of market shares, usage of marketing mix elements on returns on capital employed, and how the competitive use of these variables influence the perception...
ABSTRACT The purpose of this study is to empirically assess how institutional field and internal organizational process factors determine sustainability reporting based on new institutional theory and legitimacy theory. This study employed longitudinal and survey research design to actualize its objectives. Primary data was collected using questionnaire administered to companies to decipher the importance and performance of factors that determine sustainability reporting in Nigeria. Fi...
ABSTRACT The banking sector is the bedrock of the Nigerian economy, and this industry is known to have contributed in no small measure to the development of the economy. This industry is the enabling hub of national and global payment systems, which facilitates trade transactions within and amongst numerous national, regional and international economic units and by so doing; it enhances commerce, industry and exchange. In performing these various functions in the enabling environment provided...