Browsing by Author "Abdullahi, Musa Abdullahi"

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    COMPARATIVE ANALYSIS OF THE EFFECTS OF ACTIVE AND PASSIVE DIVIDEND POLICIES ON SHARE PRICE OF LISTED FIRMS IN NIGERIA
    (Department of Accounting Nasarawa State University Keffi., 2018-06-15) Hassan, Lanre Bamigbaye; Doshuru, Musa Umar; Abdullahi, Musa Abdullahi
    Dividend decision is one of the fundamental financial decisions which corporate organizations, have to make on continuous bases. This involves the determination of the proportion of earnings to retain and the proportion to distribute to shareholders. This concern has prompted many studies on dividend policy. This study examines the effect of active and passive dividend policies on share price of listed firms in Nigeria. The study uses a descriptive statistics, correlation and panel regression method in analysing the data collected from secondary sources. The study found that active dividend policy has significant positive influence on share price. On the other hand passive dividend policy has negative effects on share price. The sign conforms with the apriori expectations that dividend policy should exerts positive influence on the markets performance of dividend paying firms, while passive dividend policy firms will have negative effects on the market performance of the firms. In line with the findings of the study, it is recommended that firms in the Nigerian Stock Exchange should be more dividend-active. This will send strong signal to the market that the firms are performing and will attract more investors to buy the shares of the firms therefore creating more wealth for the shareholders. It is also recommended that lather than try to re-invest profit at all time, the passive-dividend firms are advised to be dividend active and conscious. By re-investing all the profits, the shareholders ’ wealth will not appreciate to their desired wishes since the market will deem the firms not to be performing well. This will lead to low patronage of their share, thus leading to lack of wealth creation since they only pay a dividend to meet shareholder demands
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    Effects Of Firm Characteristics On Timeliness Of Financial Reporting of Listed Agriculture Firms in Nigeria
    (Department of Accounting, Nasarawa State University, Keffi., 2017-01-04) Ismaila, Olotu Abdullahi; Abdullahi, Musa Abdullahi; Sani, AbdulRahman Bala
    A policy thrust of the current administration in Nigeria is development of the agricultural sector, Timeliness is a vital characteristic of accounting and it is an important element of the relevance of financial reporting information. The purpose of this paper is to examine empirically the effect of corporate characteristics on timeliness of financial reports of listed agriculture firms in Nigeria. Firm characteristics used include firm size, profitability, growth, liquidity, leverage, and auditor type. The period for the study is 2006-2015. The data were analyzed using panel regression analysis. The study found that there is variability in the timeliness of financial reporting by agriculture companies and, companies in this industry delay reports beyond the regulatory threshold. In addition, it was found that firm growth has a positive and statistically significant effect on timeliness. The relationship between firm size, profitability, liquidity, leverage and auditor type on timeliness is not statistically significant. It is recommended, that efforts should be made by companies to avail annual reports timely.
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    Effects Of Management Control System On Goal Congruence Of Selected Banks In Nigeria
    (Department Of Accounting, Faculty Of Administration, Nasarawa State University, Keffi., 2016-12-01) Ismaila, Olotu Abdullahi; Ahmed, Baba Ibrahim; Musa, Hassan; Abdullahi, Musa Abdullahi; Abdullahi, Dauda
    Non-alignment of employee's goal with that of an organisation could seriously affect the performance level of the organisation. While previous studies focused on the effects of management control on performance, it is argued that there are many factors that influence the performance of an organization; thus, an organization that performs well does not necessarily imply that there is goal congruence. This study used data collected from five deposit money Banks to examine the effects of management control measures on goal congruence. The result of the analysis using ordinary least square regression shows that, the management control measures of the Banks, adopting the behavioural approach, have significant effects on the level of goal congmence. The study therefore recommends that the Banks should continue to place high premium on behavioural approach to management control system, while the use of punishments should be discouraged.