This article aims to examine the long-run equilibrium relationship between bilateral trade linkages and stock market correlations of Australia and China using quarterly data from 1993 to 2015. Further, this study explores the impact of trade intensity on stock market correlations using OLS, Dynamic OLS (DOLS) and Fully Modified OLS (FMOLS) models. The empirical results confirm that there is a significant long-run relationship among the variables. In addition, our results, based on OLS, DOLS a...
TABLE OF CONTENT Title Pagei Certificationii Dedicationiii Acknowledgementiv-v Table of Contentvi-vii CHAPTER ONE 1.1Introduction1-3 1.2Statement of Problem4 1.3Objectives of the Study5 1.4Significance of the Study5-6 1.5Scope of the Study6 1.6Statement of Hypotheses6-7 1.7Limitations of the Study7-8 1.8Definition of Operational Terms8-9 CHAPTER TWO 2.0Literature Review11-13 2.1.0Definition of Public Private Partnership13-19 2.1.1Importance of Public Private Partnership19-21 2.1.2Types of Pub...
ABSTRACT This research deals on the perceived effect of qualification mismatch onemployee job performance in Seedvest Limited. The company continues toemploy people from the labour market irrespective of their academicbackground. This paper therefore sought to determine the effects ofqualification mismatch on job performance of Seedvest Limited employees.This study adopted a descriptive design. The population of interest...
This paper contributes to the discussion on IFRS 8 especially on its applicability within Nigeria business environment. The paper will give a summary of the standard and will critically look at the standard vis-à-vis decision making in an organization. Thereafter, the paper will discuss the reason why users of financial statements may find segment reports useful as required by the standard and then it concludes by analysing the scope of the standard, stating the entities required to prepare...
ABSTRACT This study critically assesses the effect of incentives and fringe benefits on employee’s performances in an organization. First Bank of Nigeria Limited was used as a case study. Five (5) research questions were generated and Three (3) hypotheses were stated. The population consists of all the employees in the Head Office of the bank in Lagos- Island. Simple random technique was used to select Six (6) Departments out of the Nineteen (19) departments in the bank. All the staff of ...
ABSTRACT The banking industry in Nigeria is now facing unprecedented competition from non-traditional banking institutions, which now offer banking and financial service over the internet. The purpose of this study was to evaluate the influence of electronic banking on the Nigeria banking system. This study among other reasons would help to enlighten operators in the banking sector and other concerned individuals and organization on the adoption of Electronic Banking. The research basical...
Abstract Accounting could become an intelligible and commonly understood language if itis based on generally accepted accounting principles. Hence, one must be familiarwith the accounting principles, concepts and conventions behind financialstatements to understand and use them properly. Therefore, concepts andconventions in accounting are necessary because it connotes necessaryassumptions and...
Abstract The study examines the effect of Treasury Single Account on some selected government parastatals in Kano metropolis. Opinion of respondents were seek using a likert scale structured questionnaire. 86 questionnaires were administered to staffs of some selected Federal parastatals in Kano metropolis which include Bayero University Kano, National Youth Service Corps (NYSC) Kano state secretariat, Nigerian Postal service, Federal College of Education (FCE) Kano, and Federal Inland Re...
This study was centered to investigate the effect of internal control systems on the financial performance of listed deposit money banks in Nigeria stock exchange. This study examined whether the internal control systems leads to increase financial performance of the banks. In this study, internal control system is measured by control environment, internal audit functions, risk management control, internal control activities corporate governance and moderating effect of government policy and ...
Background: A financial crisis which was brewing in the United States as a result of defaults in mortgage loans became a global phenomenon by mid 2007. The resultant factors include fall in global stock markets and the collapse of some financial institutions across the globe. To this effect, it will be necessary to determine the impact of the global economic crisis on the financial sector of Nigerian Economy. Methods: The stratified random sampling technique in selecting the samples used for ...
This paper asks the question why technical analysis rather than other theoretical models in active portfolio management. Using the CRSP-Cap Based portfolio returns between 2008 and 2013 we check for the level of weak-form efficiency by using a serial correlation test and an Augmented Dickey –Fuller test. There was mixed evidence, but on the whole there was strong evidence of inefficient market. Also we analysed size effect using technical analysis but do not support the view that small-cap ...
1 CHAPTER ONE INTRODUCTION 1.1 Background to the Study Today’s business organizations are characterized by increasingly dynamic technological and communications networked environment, continuous challenges such as competition, development, general instability, mergers and reengineering of work processes. These forces challenge organizations to re-evaluate their strategies, structure, policies, operations, processes, and culture. Sustained organiza...
CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDY The popularity of fast food is indicative of changing lifestyles, the growingtrend of convenience and consumers needs for value for money.Despite all the threats that fast food industry is currently facing like risingcommodity prices, an excessive supply of fast food outlets, in the market, loadshedding and hygiene scandals, the fast food industry is still shaving remarkablegrowth. There is a perceived increase in the number of fast f...
AbstractDespite adoption of democracy in Nigeria in 1999 and its constitutional provisions for human rights, there is still a colossal human rights violation in the country. Human rights in Nigerian democracy have been subjected to unabated violations by Nigerian government, security forces Boko Haram and Fulani Herdsmen. The study explored the impasse of democracy and human rights abuse in Nigeria and provided workable suggestions on how to confront the menace. The study provided feasible in...
ABSTRACT The issue in the 2015 general elections in Nigeria was the use of the Card Reader Machine. The Card Reader was a critical component in the elections. It was used for the first time in the electoral process of Nigeria and it remains one of the greatest technological innovations of the 2015 general elections. The Card Reader is a technological device setup to authenticate and verify on Election Day a Permanent Voter Card (PVC) issued by Independent National Electoral Commission (INE...