Browsing by Author "Ojo, Lukman Olatunji"

Now showing 1 - 3 of 3
  • Thumbnail Image
    ItemOpen Access
    Effect of Audit Committee Characteristics on Sustainability Reporting of Listed Manufacturing Firms in Nigeria
    (Department of Accounting, Nasarawa State University Keffi, 2021-01-01) Aruwa, Suleiman A.S.; Abdulkarim, Shaibu Alhassan; Ojo, Lukman Olatunji
    The main objective of this study is toexamine the effect of Audit committee characteristics on sustainability reporting disclosure of listed manufacturing firm in Nigeria. For the period of ten years from, 2010-2019, Ex-post facto research design was adopted for this study. The population is made of 43 listed manufacturing firm listed on the floor of the Nigeria stock (NSE) from year 2010 -2019. Since the population is not too large, this study utilizes census sampling technique to take all population for the purpose of this study. The data used for this study were secondary data derived from the annual reports of the manufacturing companies that are listed on the floor of the Nigeria stock exchange. The study used panel regression with respect to the use of Hausman specification test to determine the use of fixed or random effect model. The random effect regression result revealed thatAudit committee size, Audit committee financial expertise;and Audit committee meetings have Significant and positive effect Dn sustainability reporting disclosure. jlHowever, Audit committee inc ependence has insignificant effect on •the sustainability reporting disclosure. This study recommended that the Nigerian corporate business most especially manufacturing goods companies should consider increasing the proportion of financial expertise on the audit committee because this will improv corporate sustainability disclosure and also add credibility to the financial statement of the manufacturing companies and consequently reduce information asymmetry, which not only clarifies the conflicts of interests between shareholders and management butalsomakesmanagement more accountable.
  • Thumbnail Image
    ItemOpen Access
    MODERATING EFFECT OF BOARD CHARACTERISTICS ON TAX AGGRESSIVENESS OF LISTED MANUFACTURING FIRMS IN NIGERIA
    (Department of Public Administration, Nasarawa State University, Keffi., 2021-06-23) Ojo, Lukman Olatunji; Hussaini, Hassan Tukur; Hassan, Umar Umar
    This study examines the effect of board characteristics on tax aggressiveness of listed manufacturing firms in Nigeria. The study adopts Ex-post facto research design by using secondary data extracted from annual reports of the selected companies. For the study the variables used are, board independence, board size, and board financial expertise. The population of the study is the 41 listed manufacturing firms ’ in Nigeria. However, Panel regression analysis was used and the result shows that board independence and board financial expertise have significant negatively effect ontax aggressiveness of listed manufacturing firms in Nigeria. However, board size has insignificant effecton tax aggressiveness. It is concluded that board characteristics has significant negative effect on tax aggressiveness. The study recommends among others that, the manufacturing firms in Nigeria should ensure that most of the board directors are non-executive with sound accounting and finance background.
  • Thumbnail Image
    ItemOpen Access
    Sustainability Reporting of Listed Manufacturing Firms in Nigeria
    (Department of Accounting, Nasarawa State University, Keffi, 2021-10-08) Aruwa, Suleiman A.S.; Alhassan, A. S.; Ojo, Lukman Olatunji
    The main objective of this study is toexamine the effect of Audit committee characteristics on sustainability reporting disclosure of listed manufacturing firm in Nigeria. For the period of ten years from, 2010-2019, Ex-post facto research design was adopted for this study. The population is made of 43 listed manufacturing firm listed on the floor of the Nigeria stock (NSE) from year 2010 -2019. Since the population is not too large, this study utilizes census sampling technique to take all population for the purpose of this study. The data used for this study were secondary data derived from the annual reports of the manufacturing companies that are listed on the floor of the Nigeria stock exchange. The study used panel regression with respect to the use of Hausman specification test to determine the use of fixed or random effect model. The random effect regression result revealed thatAudit committee size, Audit committee financial expertise and Audit committee meetings have significant and positive effect on sustainability reporting disclosure. However, Audit committee independence has insignificant effect on the sustainability reporting disclosure. This study recommended that the Nigerian corporate business most especially manufacturing goods companies should consider increasing the proportion of financial expertise on the audit committee because this will improve corporate sustainability disclosure and also add credibility to the financial statement of the manufacturing companies and consequently reduce information asymmetry, which not only clarifies the conflicts of interests between shareholders and management but also makes management more accountable.