Browsing by Author "Haruna, Joel"

Now showing 1 - 4 of 4
  • Thumbnail Image
    ItemOpen Access
    CORPORATE GOVERNANCE AND FINANCIAL STATEMENTS’ FRAUD LIKELIHOOD IN LISTED NON-FINANCIAL FIRMS IN NIGERIA
    (Department of Banking and Finance, Nasarawa State University Keffi, 2020-03-01) Abdul, Zainab Hussaini; Adamu, Abdul ; Haruna, Joel
    This study examines the effect of corporate governance on the financial statement fraud likelihood for listed non-financial firms in Nigeria. From the population of 117 non-financial firms quoted on the Nigerian stock exchange as at 2016, a sample of 32 firms were drawn and data from their financial statements were analysed using binary logistic panel regression. The Beneish Score, as the dependent variable was used to classify firms into manipulators (fraud) and non-manipulators (non-fraud). Firms with Beneish score above -2.22 are manipulators and those below are non-manipulators. The finding suggests that board size, board independent, gender diversity, audit committee and board meetings are negatively and significantly related to fraud likelihood. Only board remuneration is positively and significantly related to fraud. This study recommends that Board size of the deposit money banks in Nigeria should be optimum as increasing it affects board remuneration significantly.
  • Thumbnail Image
    ItemOpen Access
    INTERNALIZATION OF ACCOUNTING STANDARDS
    (The Department of Business Administration, Nasarawa State University Keffi, 2017-12-29) Naburgi, Musa Mohammed; Oke, Olubode Oladayo; Musa, Hassan; Baba, Ayuba Bogoro; Haruna, Joel
    The International accounting literature pays much attention to the clustering of national accounting systems of various countries based on similar financial reporting characteristics. This study arges that the existing models that cluster countries are substantially incomplete and misleading due to the recent convergence efforts that have taken place. The study identifies the factor that may be causing differences in both the de jure and de factor aspects of comparability in financial reporting across countries in the post-convergence period. The study arges that national and International regulator need to work towards reducing the differences across countries to achieve the objectives of accounting convergence.
  • Thumbnail Image
    ItemOpen Access
    MERGER AND ACQUISITION AS A VERITABLE TOOL FOR CORPORATE GROWTH IN THE NIGERIAN BANKING INDUSTRY
    (Department of Economics, Nasarawa State University, Keffi., 2007-09-14) Haruna, Joel; Helen, Emordi
  • Thumbnail Image
    ItemOpen Access
    OWNERSHIP STRUCTURES AND FIRM PERFORMANCE IN NIGERIA: A CANONICAL CORRELATION ANALYSIS
    (Department of Business Administration, Nasarawa State University Keffi, 2020-07-04) Adamu, Abdul; Haruna, Joel
    This study examined the relationship between ownership structure and performance of listed non-financial firms in Nigeria. Secondary data on managerial ownership, ownership concentration, foreign ownership, institutional ownership, Tobin q, return on assets, return on equities, and earnings per shares were collected from forty (40) sampled firms. The data analyzed using canonical correlation and the findings showed that managerial and foreign ownerships are the dominant ownership structures while Tobin q, EPS, and ROA are the dominant performance measures. The study also found that ownership concentration, foreign ownership, and institutional ownership are positively correlated with firm performance, while managerial ownership is negatively correlated with firm performance. The study recommended that listed non-financial firms should encourage foreign investments in their firms and rewards performing managers with shares in the firm. were