MACROECONOMIC DETERMINANTS OF FINANCIAL INTERMEDIATION IN ECOWAS: PANEL EVIDENCE
This study examines the impact of selected macroeconomic variables on financial intermediation in the Economic Community of West African States (ECOWAS) using panel data from ten member countries over the period 1997–2024. Financial intermediation is proxied by credit to the…
ASSET FINANCING POLICY AND MARKET VALUATION OF LISTED FIRMS IN NIGERIA
This study investigates the effect of asset financing policy on the market valuation of listed food and beverage firms in Nigeria, using panel data covering the period 2014–2023. Thirteen firms listed on the Nigerian Exchange Group were examined through a…
TAX PLANNING STRATEGIES AND FINANCIAL PERFORMANCE INDICATORS AMONG SMES IN RIVERS STATE, NIGERIA
This study investigates the impact of tax planning strategies on the financial performance of Small and Medium Enterprises (SMEs) in Rivers State, Nigeria. In a volatile economic environment where tax burdens can significantly affect business sustainability, strategic tax planning has…
DIGITAL TECHNOLOGIES AND FORENSIC ACCOUNTING IN GOVERNMENT MINISTRIES: EVIDENCE FROM THE PUBLIC SECTOR IN RIVERS STATE
This study examined the impact of digital technologies on forensic accounting in government ministries, using evidence from the public sector in Rivers State, Nigeria. The focus was on assessing how the adoption of digital audit tools, cyber security technologies, and…
FORENSIC ACCOUNTANTS AND THEIR ROLE IN MITIGATING FINANCIAL MALPRACTICE IN NIGERIA PUBLIC INSTITUTIONS
The persistent prevalence of financial malpractice in Nigeria's public institutions has raised concerns about the effectiveness of traditional auditing systems in curbing corruption and mismanagement. This study investigates the role of forensic accountants in mitigating financial malpractice in Nigerian public…
INTERNAL AUDIT EFFECTIVENESS AND CORPORATE FRAUD PREVENTION IN NIGERIA: AN EMPIRICAL ANALYSIS
This study investigates the effectiveness of internal audit functions in preventing corporate fraud in Nigeria, focusing on three critical dimensions: audit independence, audit competence, and audit frequency and scope. The motivation for the study stems from the persistent incidence of…
INVESTIGATING THE DETERMINANTS OF DIVIDEND POLICY THROUGH OWNERSHIP STRUCTURE IN NIGERIAN DEPOSIT MONEY BANKS:
This study examines the relationship between ownership structure and dividend policy in Nigerian deposit money banks (DMBs), focusing on managerial, institutional, and foreign ownership. The study aims to assess the impact of these ownership types on dividend payout decisions while…
E-TAXATION ON REVENUE GENERATION IN NIGERIA: A PRE AND POST E- TAXTION ANALYSIS
The study examined the effect of E-Taxation on Revenue generation in Nigeria. The investigation applied ex-post facto research design. Secondary data were sourced from Central Bank of Nigeria Statistical Bulletin and Quarterly Economic Reports. The taxation data were sourced from…
TAX POLICY UNCERTAINTY AND FOREIGN DIRECT INVESTMENT IN NIGERIA
This study investigates the effect of tax policy uncertainty on foreign direct investment (FDI) inflows in Nigeria using a financial time-series econometric framework. Employing annual data from the Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS), and National…
CORPORATE GOVERNANCE AND RISKTAKING BEHAVIOUR OF COMMERCIAL BANKING FIRMS IN NIGERIA
This study investigates the effect of corporate governance mechanisms on the risk-taking behaviour of Nigerian commercial banking firms, with risk-taking proxied by the non-performing loan ratio (NPL). The research is anchored in Agency Theory, complemented by Risk-Shifting and Regulatory Forbearance…
A TEST OF FINANCIAL ANOMALIES IN NIGERIAN EQUITY MARKET: CONTRARIAN VERSUS MOMENTUM
In this study, we made an attempt to investigate financial market anomalies based on momentum-contrarian strategies in Nigerian equity market for the sample size January 2012 to December 2018. Our results indicated that the individual monthly average returns exhibit negative…
MARKET ANOMALIES AND STOCK RETURN IN NIGERIA
Asymmetric information, investor heterogeneity, and rationality-based stock market theories were challenged for their dominance when they were unable to account for the irregularities and inefficiencies seen in both developed and emerging markets. This study examines the impact of stock market…
LIQUIDITY CONSTRAINTS, INTERNAL CAPITAL, AND FIRM PERFORMANCE: THE ROLE OF RETAINED EARNINGS IN CONSUMER GOODS FIRMS IN NIGERIA
This study examined the role of retained earnings utilization in shaping the financial performance of consumer goods firms in Nigeria during periods of liquidity stress. Specifically, it assessed the effects of operating performance, shareholders’ returns, cash flow adequacy, and short-term…
DEBT MATURITY STRUCTURE AND PROFITABILITY TRANSMISSION: EVIDENCE FROM SHORT- AND LONG-TERM LEVERAGE IN LISTED NON-FINANCIAL FIRMS IN NIGERIA
This study investigated the effect of debt maturity structure on the profitability of listed non-financial firms in Nigeria, focusing on the transmission of profitability through short- and long-term leverage. Employing a quantitative research design, the study used secondary data from…
CREDIT DERIVATIVES AND BANK SURVIVAL IN NIGERIA: EVIDENCE FROM DEPOSIT MONEY BANKS
The increasing complexity of financial markets has intensified the use of credit derivatives as tools for managing credit risk among banks. While these instruments are designed to enhance risk transfer and financial stability, empirical evidence on their effectiveness in promoting…
CAPITAL INTENSITY AND FINANCIAL RETURNS OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
The study is aimed at investigating the relationship between capital intensity proxy by property, plant and equipment ratio and investment property ratio and financial returns, which was measured using return on assets and return on equity. The study considered deposit…