Browsing by Author "ABOGUN, Segun"

Now showing 1 - 4 of 4
  • Item
    Assessment of Personal Income Tax Knowledge among the University of Ilorin Staff
    (Department of Accounting & Finance and Business Administration, Fountain University, Osogbo, 2018-04) SALAM, Mudathir Olanrewaju; KASUM, Abubakar Sadiq; BAMIGBADE, Dayo; ABOGUN, Segun
    Taxpayers’ knowledge of what constitutes taxable income, claimable tax reliefs and allowance and applicable tax rates reduces uncertainty within the tax system. Inadequate knowledge of the tax system may affect tax compliance adversely. This study assesses personal income tax knowledge among the University of Ilorin Staff. Using proportional stratified random sampling technique, sample size of three hundred and sixty five (365) staff was chosen from both academic and non-academic staff. Data was collected through the use of a structured questionnaire; the study applies both descriptive and inferential statistics. The Mann-Whitney U and Kruskal-Wallis tests were used in testing the hypotheses of the study. Results indicate that staff of the University of Ilorin have relatively low knowledge of personal income tax. However, the personal income tax knowledge of the non-academic staff is higher than academic staff. The personal income tax knowledge of males and female staff are the same and also, there is significant difference in personal income tax knowledge levels across four different educational qualifications of the staff. Based on the findings, it is recommended that State Internal Revenue Service, which is charged with the responsibility of administering the personal income tax in Nigeria, should provide adequate personal income tax education to taxpayers.
  • Item
    CORPORATE GOVERNANCE AND SUSTAINABILITY REPORTING OF LISTED FIRMS IN NIGERIA
    (Centre for Management and Leadership Ilorin, University of Ilorin, 2026) ABOGUN, Segun; IBIWOYE, Joseph Muyiwa; ORILONISE Mubarak Abiodun
    Organizations are charged with the responsibility of providing relevant information on the operation of their business, but as the traditional financial reporting is deficient in total reporting arose the need for sustainability reporting. Hence, this study investigates the effect of corporate governance mechanisms on sustainability reporting among listed firms in Nigeria. The specific objectives are to: (i) examine the influence of board diversity on sustainability reporting; (ii) evaluate the impact of board size on sustainability disclosure; (iii) determine the effect of board independence on the extent of sustainability practices and (iv) assess the influence of audit committee composition on Environmental, Social, Governance (ESG) reporting; and examine the collective role of corporate governance mechanisms in enhancing sustainability disclosure. The study adopted an ex- post facto research design, and secondary data were collected from 50 listed firms that provide non-financial services across various sectors in the Nigerian Exchange Group (NGX) over a ten-year period (2015–2024). Data were analysed using panel regression analysis. The findings reveal that board diversity significantly improves sustainability reporting, board size positively influences disclosure practices, and board independence contributes meaningfully to transparency. Similarly, audit committee composition was found to significantly enhance ESG disclosures. The study concludes that effective corporate governance serves as a catalyst for improved sustainability disclosure of Nigerian firms. It recommends a gender diverse board, well experience independent directors, separation of chairman role from CEO to strengthen the quality of sustainability reporting. Stakeholder engagement and employee training for effective understanding and implementation of sustainability reporting.
  • Item
    EVOLUTION OF DEPOSIT MONEY BANK'S EFFICENCY IN NIGERIA: DATA ENVELOPMENT ANALYSIS
    (Department of Accounting & Finance and Business Administration, Fountain University. Osogbo, 2017) AJAYI, Micheal Adebayo; NAGERI, Ibraheem K.; ABOGUN, Segun; ABDULMUMIN, B. Ayoola
    Ability of banks to manage risk and make better use of informational disproportion between borrowers and lenders are the essence of bank’s activities. The efficiency of Nigerian banks has become more compelling bearing in mind the various banking reform and regulations adopted by the Central Bank of Nigeria in recent year. The objective of this study is to evaluate the efficiency of deposit money banks quoted on the Nigerian Stock Exchange during the period of 2011-2015. The study follows the intermediation approach, using the Data Envelopment Analysis. Result indicates that the national licensed banks have better mean efficiency score in 2011, 2012, 2013, the international licensed banks are better in 2014 and the 2015 score shows no significant difference. The best performing bank with international license is GT Bank while Stanbic IBTC and Sterling bank are the joint best practice banks with national license. The inefficiency is attributed to scale inefficiency rather than pure technical inefficiency. Recommendations include that the regulatory authorities should be proactive in their function to cover aspects of loan disbursement, deposit mobilization and investment assets and ensure compliance.
  • Item
    The influence of Corporate Governance on Creative Accounting Practices in Nigeria
    (The Department of Business Administration, University of Ilorin, Ilorin, Nigeria, 2013) FAGBEMI, Temitope Olamide; ABOGUN, Segun; SALAM, Mudathir Olanrewaju
    The collapse of some corporate organisations in Nigeria has brought the issue of creative accounting and corporate governance to the forefront. Hence, this study examines the relationship between corporate governance and creative accounting practices from selected Nigerian companies. Using respondents from twenty-five Nigerian companies that have their head offices located in Lagos State, the propositions made were tested using Pearson product coefficient of correlation and regression analysis. Findings from the study suggest that there is significant and positive association between rule observance and creative accounting practices. Evidence also exists on the relationship between creative accounting practices and the decision usefulness of the financial statements. The study concluded that effective corporate governance is necessary to the proper functioning of corporate firms. Finally, the study recommends that corporate governance should be used as a tool to help stem the tide of creative accounting practices.