Browsing by Author "Abiola, W.O"
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Item Effect of pricing decisions on performance of small and medium enterprises in Kwara State.(Department of Accounting, Kaduna State University., 2014) Olaniyi, T.A; Abiola, W.O; Oluwatusin, R.G; Sakariyahu, O. RThe strategic nature of price determination has been trivialized by the SMEs in Nigeria as they jumped at any opportunity of temporary raw material scarcity or associate price hike to increase their product prices leaving the consumers with paying higher for products that remain the same in quality and quantity. This share lack of pricing and marketing strategies had led to constant strike actions and increase in prices by bakeries in Kwara State and thus propelled the need to evaluate the effect of pricing decisions on turnover of these bakeries which forms the fundamental objectives of this paper. The primary data used in this study were obtained through questionnaire administration on 100 purposively selected respondents from 20 registered bakeries in Kwara State while the secondary data were obtained from the records of these bakeries. The primary data were analyzed descriptively while the secondary data were analyzed using student t-distribution test of two mean and price elasticity of demand was conducted while Pearson Moment Correlation Coefficient was carried out to establish the degree of relationship between turnover and changes in pricing decision. The result reveals an insignificant increase in turnover /profitability as price of bread increase while no form of conventional pricing methods or marketing strategies is followed in pricing policy of the bakeries but they depend on the rule of thumb as well as their desire profit margin in fixing product prices (X1-X2=65.06, T=0.67 and R2=84%). More so, the demand for bread is inelastic as it has no close substitute. The study recommends that training of the bakery operators on conventional pricing and marketing strategies, while serviced of experts should be engaged in price determination with a view to keep cost of production under control and evolves appropriate prices that will increase their turnover and bring value to the consumers.Item Employee motivation and public sector fraud: evidence from Kwara state, Nigeria(Federal University of Agriculture Abeokuta, 2013) Olaniyi, T.A; Saad, T; Abiola, W.O; Adebayo, S.AThis study examines the relationship between fraud and employee motivation in Kwara state public sector with a view to ascertain what will happen to fraud occurrence if good salary, allowances and perquisites, effective working hours, conducive environment, timely promotion are put in place. Multistage sampling technique was used in obtaining the primary data used from 870 respondents selected from 7 local governments in the state and were analyzed using Ordinary Least Square Regression and Friedman ANOVA test but interpreted using R2 adjusted R2, Durbin Watson statistics, F statistics and t statistics. The result show that employed motivational factors (salary, perquisites and regular promotion) can reduce fraud activities among the state employees; this is consonance with theoretical expectations (Douglas McGregor’s theory Y, Abraham Maslow’s needs theory and Fredric Herzberg’s two-factor theory). Contrarily, allowances, conducive environment and training show a positive relationship with fraud and this is at variance with a-priori expectations. The study recommends that government should improve the working conditions of its employees including the provision of improved training to motivate employees towards efficiency, commitment and inhibit fraud inclinations. If all these are put in place and erring officials are made to face the full wrath of the law without bias, the state economy in particular and Nigeria economy in general will be better for it.Item The relationship between internally generated revenue and government financing in Kwara state: a critical evaluation(Department of Accounting, Adekunle Ajasin University, 2014) Olaniyi, T.A; Olanrewaju, O.E; Abiola, W.O; Sakariyahu, O. ROverreliance on federal allocation by Nigerian Sates placed them in an invidious financial position that led to agitation for consistent review of allocation formula as well as call for increased funding of the states. This study evaluates the extent to which internally generated revenue could finance Kwara State expenditures between 2002 – 2011 using secondary data relating to Internally Generated Revenue (IGR) , Total Revenue (TR), Total Expenditure (TE), Capital Expenditure (CE) and Recurrent Expenditure (RE). A ration/trend analysis of the relationship among the variables was carried out to determine the ability of the state to meet its capital project financing while satisfying employee demands in the absence of federal allocations while a regression analysis to measure the relationship among the variables is also carried out. The study reveals that IGR is insufficient to either finance RE or CE individually not to talk of combining the two while its reliance on federal allocation is perilous, IGR constitute an insignificant proportion of TR and contribute minimally to economic growth of the state. The study therefore recommends effective capturing of existing revenue base, identification of other revenue sources while effective revenue administration should be entrenched to ensure maximum revenue collection and remission with a view to block tax avoidance /revenue leakage for effective deployment of IGR towards government financing.