Browsing by Author "Ogiedu, Killian Osikhena"

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    THE ROLE OF BUDGET PARTICIPATION, INFORMATION ASYMMETRY, SUPERVISORY TRUST AND BUDGET FAIRNESS ON THE PROPENSITY TO CREATE BUDGET SLACK
    (Department of Accounting, Nasarawa State University, Keffi, 2012-09-21) Ogiedu, Killian Osikhena; Odia, James
    This study examines the role of participation, information asymmetry, supervisory trust and budgetary fairness on the propensity to create budgetary slack. It presents the results from a sample of supervisors in Nigerian manufacturing industries. It uses percentages and the ordinary least square regression method to analyze the data. The results show that there is an interaction between budget participation, information asymmetry, supervisory trust and budget fairness that gives rise to the propensity to create budget slack. The study recommends that in order to reduce the propensity to create budgetary slack by supervisors, budgets allocations should not only be fair, but they should be seen to be so. It also recommends among other things that managers should behave in such a way as to ensure the trust of their subordinates.
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    STATEMENTS OF ACCOUNTING STANDARDS AND ACCOUNTING QUALITY IN NIGERIA
    (Department of Accounting, Nasarawa State University, Keffi, 2012-08-10) Odia, James; Ogiedu, Killian Osikhena
    In July 2003, the NABS Acts was passed requiring companies all companies listed in Nigeria to use the Statement of Accounting Standards (SAS)for their financial reporting in fiscal years after that date. This paper investigates whether the mandatory application of Statement of Accounting Standards(SAS) by listed companies in Nigeria is associated with less earnings management, higher accounting quality and value relevance . The sample comprises 26 listed companies which were randomly selected from the Nigerian Stock Exchange (NSE) for the period 2003 to 2005. Using multiple regression analysis, it was found that for companies that apply SAS after the mandatory requirement there were little or no evidence of improvement in accounting quality. Moreover, for companies which apply SAS there is little or no evidence of improvement in accounting quality and the value relevance of accounting in the post- SAS