Browsing by Author "Adigbole E. A."

Now showing 1 - 3 of 3
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    Audit Quality and Financial Performance of Listed Deposit Money Banks in Nigeria,
    (Published by Université Felix Houphouet Boigny (Côte d’Ivoire)., 2024) Adigbole E. A.; Bamidele G. B.; Adeyemi M. O.; Alex D. A. E.
    The role of audit quality in enhancing the financial performance of listed Deposit Money Banks (DMBs) in Nigeria is an important issue as shareholders are interested in the credibility of financial information disclosed by the firms’ financial statements. This study examined the impact of audit firm size, audit fees and audit report lag on the return on assets of listed DMBs in Nigeria. The Ex-post facto research design was adopted for the study. The study population was made up of sixteen (16) DMBs and ten (10) banks were sampled purposively. The secondary data were extracted from the audited annual report of the sampled banks. The data extracted covering the period of 2013 to 2022 were analyzed using the descriptive and regression analysis. The findings revealed that audit firm size has a positive and significant impact on return on assets (𝛽= 0.019, P< 0.01); audit report lag has a negative and significant influence on return on assets (𝛽= -0.000, P<0.05); audit fees have an insignificant impact on return on assets (𝛽= 0.002, P> 0.05). The study concluded that audit fee levels do not conclusively determine the financial performance outcomes and shorter audit report lags enhance timelines and credibility. It was recommended that regulators should establish optimal timelines for audit report releases, thereby balancing the need for rigorous audits with market demand for timely information.
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    Board characteristics, audit firm choice and Environmental, Social and Governance Reporting in Environmentally Sensitive Listed Firms in Nigeria.
    (Published by Université Felix Houphouet Boigny (Côte d’Ivoire), 2025) Adigbole E. A.; Yahaya M.; Dikki A. C.; Abogun S.
    The study examined the role of board characteristics and audit firm choice in the Environmental, Social, and Governance (ESG) disclosure in the Nigerian companies. The variables included in the analysis included ESG disclosure which was measured by Global Reporting Initiative (GRI) framework; audit firm choice; and board characteristics, including independence, gender diversity, meeting frequency, and board size, and the control variables, including firm size, profitability and leverage. The secondary data were obtained using annual reports of 26 companies on the Nigerian Stock Exchange in six years of 2018-2023. The dataset was analyzed using panel corrected standard errors. Findings revealed that board independence had statistically significant positive impact on ESG disclosure at the 1 percent level of significance, hence, highlighting the critical role of independent directors in promoting ESG reporting. Furthermore, this relationship was moderated by audit firm choice, which implies that the effect of independent directors on ESG disclosure is strengthened by the presence of a specific audit firm as well at the 1% level of significance. The study found out that board attributes and audit firm selection jointly determine ESG disclosure practices in Nigerian companies. Therefore, the authors recommend that organisations should strengthen their board characteristics i.e. by focusing on appointment of independent directors who provide independent oversight and provide balance in corporate decisions and interests of stakeholders.
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    Tax Digitalization and Economic Growth in Sub-Saharan African Countries
    (The Chartered Institute of Taxation of Nigeria (CITN), 2023) Oladipo O.A.,; Ogunjobi J. O.; Adigbole E. A.; Simire A.S.
    Digital economy is the global network of economic activities, business transactions and professional services that are enhance by information and communication technology (ICT). Tax digitalization plays a big role in the stimulation of tax evasion. The main problem of this study is the issue of taxing digital transactions across the globe because of no significant economic presence and tax compliance on the modern market. This study examines the connection between the digitalization of tax systems and economic growth in sub-Saharan African countries. The population is made up of forty-five (45) different nations in sub-Saharan Africa. It was carried out using an ex-post facto research design, it also made use of data and materials from the National accounts statistics from the World Bank and the OECD. The study used multiple regression as a tool for examination, and it looks for both regular and unpredictable effects. The findings of the study revealed that Value Added Tax and Companies Income Tax have significant effect on Gross Domestic Product. Based on the findings of the study, it recommended that tax authorities should provide digital platform and automation of tax system and training in orderto create jobs in the country.