Browsing by Author "Adigbole, Ezekiel"

Now showing 1 - 13 of 13
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    Application of Transfer pricing in divisionalsed companies
    (Department of Business Administration, University of Ilorin, 2000) Adigbole, Ezekiel
    This chapter in the book, 'Elements of Marketing Management II' discussed the application of transfer pricing in companies that have divisions. The chapter focused on the use and methods of transfer pricing in profit/ investment centres of a business organisations. It examined the criteria for an optimum transfer pricing system, the challenges of transfer pricing and possible solutions to mitigate the problems identified
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    Basic Principles and Concepts of Accounting
    (General Studies Division, Unilorin, 2002) Adigbole, Ezekiel
    This chapter of the published book discussed the basic principles and concepts of accounting. The Various sub-disciplines of accounting were brought out in this chapter. The chapter also brought out the various classes of ledgers and accounts and the fundamental principles of double entries. The uses and various users of Accounting information were clearly discussed.
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    Constraints to growth and sustainability of Micro, Small and Medium Enterprises (Msmes) in Nigeria: Perceptions of entrepreneurs and experts.
    (African-Asian Rural Development Organisation, New Delhi, India, 2015) Toluyemi, S. T.; Adigbole, Ezekiel; Kasum, A. S.
    It was observed that most studies on the constraints of MSMEs are based on perceptions of existing entrepreneurs. However, these researchers believed that the question of why there is a poor expansion of MSMEs in Nigeria can be more appropriately answered by the existing entrepreneurs while the issue of poor rate of establishment of new MSMEs can be better answered by potential entrepreneurs. On the other hand, the experts can give a balanced position. Hence, the study adopted panel study by considering the responses of the potential and existing entrepreneurs as well as that of the experts. The study revealed that the constraints of MSMEs in Nigeria are generally high. However, the supply side constraints are the highest followed by government and regulations. The least constraints are the demand side constraints. The factors that are rated very high are funding and access to credit, market and marketing, risks and return ratio and inadequate technical and managerial skills, corruption, inadequate entrepreneurial knowledge and skills and attitude as well as poor macro-economic environment.
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    Corporate sustainability disclosure and shareholders’ wealth of selected listed companies in Nigeria. Journal of Management Sciences
    (Faculty of Management Sciences, Federal University, Dutsin-Ma., 2021-12) Osemene, O.F.; Abogun, S.; Abdulsalam, I; Adigbole, Ezekiel
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    Effect of Board Characteristics on Financial Performance of Quoted Information Communication and Technology Companies in Nigeria
    (Entrepreneurial Journal of Management Sciences, 2019) Fakile, Oluwaseye; Adigbole, Ezekiel
    An effective board of directors has been argued to be a panacea for agency problems. This study empirically examined the effect of board characteristics on financial performance of quoted Information Communication and Technology (ICT) companies in Nigeria for a period of five years from 2013 to 2017.Using return on equity (ROE) as measure of financial performance, three board characteristics (board size, independence and gender diversity) were identified as possibly having effects on financial performance. Based on all the seven (7) quoted ICT Companies as at December 2017, correlation and multiple least squares (OLS) regression were used to estimate the relationship between board characteristics and financial performance. Findings revealed that only board independence has significant effect on financial performance. The study recommends that a strong mechanism should be put in place to ensure that board of directors consists mostly of members with no personal interest in the organization.
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    Impact of activity-based costing implementation on performance of selected manufacturing firms in Kwara State, Nigeria.
    (Institute of Chartered Accountants of Nigeria (ICAN), 2016-07) Adigbole, Ezekiel; Oludoyi, S. B.
    The implementation of Activity-Based Casting (ABC) in manufacturing firms is relevant for the determination of accurate costing information, attainment of cost advantage and enhancement of performance. The main objective of the study was to investigate the extent of implementation of ABC by manufacturing firms in Kwara State and examine its impact on performance of firms using this technique. A cross-sectional survey design was employed for the study and questionnaire administration was used for data collection. Twenty eight (28) manufacturing firms in Kwara State formed the sample of the study. The data collected were analysed using both descriptive statistics and regression analysis. Specifically, the Ordinary Least Square (OLS) method was used in testing the hypotheses formulated. The findings of the study showed that ABC is moderately implemented in the manufacturing firms in Kwara State, as 35% of the firms indicated they are implementing this technique. The testing of the hypotheses showed that ABC implementation has a positive impact on accurate cost information and firm performance. The study concludes that when accountants are well trained and work in an improved technology environment, ABC can be effectively implemented and will have a positive impact on its performance. The study recommends among others that: manufacturing firms that are yet to start the implementation of ABC, should do so, as it can improve their performance where the right environment exists; Accounting professional bodies should improve on the scope of their Mandatory Continuous Professional Education MCPE) programme to include training on the implementation of modern costing techniques, such as the ABC system.
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    Implementation of Activity-based costing and accurate cost information in selected Nigerian manufacturing firms
    (Centre for Social and Economic Research, Federal University, Dutse -Ma., 2021-12) Adigbole, Ezekiel; Dikki, A. C; Abogun, S.; Olaoye, C. O; Fakile, O.G.
    The continued use of traditional costing for processing cost information in manufacturing firms in Nigeria has led to the reportage of distorted cost information and consequently wrong decisions making and performance measurement. It is imperative that firms use cost information that is complete for decision making. Activity based costing is required for generating complete and undistorted cost information. Hence, the objectives of this study were to: examine the effect of technology growth on the implementation of Activity- Based Costing (ABC); evaluate the influence of ABC on accurate cost information; and; and examine the impact of technology growth on accurate cost information. Survey research design was employed. The population of the study consisted of three hundred and eighty - five respondents in seventy - seven listed manufacturing firms in Lagos and Ogun States. The sample of the study consisted of three hundred and twenty- five respondents in sixty - five randomly selected manufacturing firms. Primary data used were collected through questionnaire administration. Data analysis was done using Partial Least Squares Structural Equation Modeling (PLS -SEM). The study found that: technology growth has positive significanteffect on ABC implementation (β = 0.538, p < 0.01); ABC has positive significant influence on accurate cost information (β = 0.634, p < 0.01); and Technology growth has positive significant impact on accuracy of cost information (β = 0.224, p < 0.01). It was concluded that ABC is relevant for generating accurate cost information. The study recommended among others that Nigerian manufacturing firms should implement ABC to achieve accuracy of cost information.
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    Integrated reporting and corporate performance of listed industrial goods companies in Nigeria
    (Published by Department of Accounting, Modibbo Adama University, Yola., 2022-12) Abogun, S; Adigbole, Ezekiel; Azeez, T. A; Ibrahim, S.; Osemene, O.F
    The traditional financial reporting style has created some information gaps which, in some cases, have led to financial crises. This has become a source of concern calling for urgent attention in the contemporary business world. Hence, the study examined the impact of integrated reporting on corporate performance of listed industrial goods companies in Nigeria. The objectives of this study were to: evaluate the influence of financial capital reporting, manufactured capital reporting, human capital reporting, intellectual capital reporting, social capital reporting and natural capital reporting on corporate performance. The population of the study consisted of all the 13 listed industrial goods companies in Nigeria and all of them were used for the study. Secondary data used were extracted from the published annual audited financial reports of the companies studied from 2013 to 2020. The pooled Ordinary Least Square regression was used in data analysis. The study found that financial capital reporting, manufactured capital reporting, intellectual capital reporting, human capital reporting, and social capital reporting, each has a positive significant influence on corporate performance ( β = 0.0203, P < 0.05; β = of 0.0639, P < 0.05; β = 0.0118, P < 0.01; β = 0.0011, P < 0.10; β.= 0.4252, P < 0.01) respectively; and while natural capital reporting has a negative insignificant impact on corporate performance (β = of - 0.005, P < 0.01). The study concluded that disclosing the six components (financial and non-financial) of integrated reporting improve performance of listed industrial goods companies in Nigeria. Consequently, this study recommended that industrial goods’ firms should consistently disclose all sources of funds and intensify initiatives to create social cohesion in order to encourage greater stakeholders’ acceptance.
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    lnternal Audit Characteristics and Audit Performance: Evidence from Federal Universities in Kaduna State, Nigeria
    (Department of Accounting, Kogi State University, 2020-12) Dikki, A.C; Adigbole, Ezekiel
    The roles of internal audit in an organization have changed over the years to encompass the rendering of services that will enable an organization to achieve its objectives. This requires internal audit units to be up and doing to improve their performance so that the overall performance of their organization can be enhanced also. Hence, the main objective of this study was to investigate the influence of internal audit characteristics on the performance of internal audit units in the A.B.U. and N.D.A. using a balanced scorecard performance measurement model. The survey design was used for the study and primary data collected from a population of eighteen (18) internal audit staff of ABU and NDA using a structured questionnaire. Data collected were analysed using the multiple regression analysis. The findings of this study are: Internal audit characteristics have strong influence on financial and management perspective of performance of internal audit units; Internal audit characteristics have no strong impact on Customers and clients perspective of performance of internal audit units; Internal audit characteristics have no strong impact on Internal business process perspective of performance of internal audit units; and Internal audit has strong influence on growth and innovative perspective of performance of internal audit units in ABU and NDA. The study concludes that internal audit characteristics (Hierarchical position of internal auditors, Skill and competence, and General perception of internal auditors are relevant determinants of the performance of internal audit units in Nigerian universities. The study therefore recommend that internal auditors should report to a higher authority such as the University Council; and that internal audit staff should be well trained to enhance their performance.
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    Strategic cost management and competitive advantage in selected Nigerian manufacturing Companies
    (Department of Accounting, Modibbo Adama University, Yola., 2022-12) Adigbole, Ezekiel; Abogun, S.; Adegbola, E. A.; Oladipo, O. A.; Fakile, S.
    The implementation of cost control systems based on the status quo of cost structure has continued to have negative effect on the performance of manufacturing firms in the marketplace. This has led to a situation where firms are neither able to effectively reduce their costs nor able to deliver products that have competitive values. It is imperative that firms use cost management systems that have strategic orientation so that competitive advantage can be achieved. Therefore, this study seeks to achieve: the examination of the impact of activity - based management on competitive advantage; evaluation of the effect of life cycle costing on competitive advantage; and investigation of target costing influence on competitive advantage. The study used a population of seventy - seven manufacturing firms in Lagos and Ogun States and sixty – five manufacturing firms sampled. Primary data used were collected via questionnaire instrument. The method of analysis used was structural equation modelling. The findings from the study are: Competitive advantage is strongly influenced by activity- based management; life cycle costing strongly affect competitive advantage; and Target costing does not affect competitive advantage strongly. The study concluded that strategic cost management is a strong influence on competitive advantage. Hence, it is recommended that manufacturing firms wishing to attain competitive advantage should implement activity - based management and life cycle costing.
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    Strategic cost management practices and customer value enhancement in selected quoted manufacturing firms in Lagos and Ogun States, Nigeria.
    (Faculty of Management Sciences, Federal University, Dutsin-Ma, 2022-03) Adigbole, Ezekiel; Fagbemi, T. O; Abogun, S; Alabi, J. A.
    The pursuance of customers value should be the goal of any manufacturing firm in Nigeria as this is the key to remaining competitive in a competitive environment. Strategic cost management practices can deliver customer value enhancement. Hence, the objectives of this study were to: assess the influence of Activity-Based Costing (ABC) on Customer Value Enhancement; examine the effect of Activity-Based Management (ABM) on CVE; and evaluate the impact of Life Cycle Costing (LCC) on CVE. Survey research design was employed. Three hundred and eighty - five respondents in seventy - seven listed manufacturing firms in Lagos and Ogun States constituted the population of this study and the sample consisted of three hundred and twenty- five respondents in sixty - five randomly selected manufacturing firms. Questionnaire administration was used in collecting the primary data used. Partial least squares - Structural equation modeling was used in data analysis. The study found that: ABC has positive significant effect on CVE enhancement (β = 0.365, p < 0.01); ABM has positive insignificant influence on CVE (β =0.084 , p > 0.10); and LCC has positive significant impact on CVE (β=0.395 , p < 0.01). It was concluded that strategic cost management practices are relevant for the enhancement of customer value. The study recommended that manufacturing firms in Nigeria should continue to implement strategic cost management techniques to enhance customer value for profitability improvement.
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    STRATEGIC MANAGEMENT ACCOUNTING AND INFORMATION FOR MANAGERIAL DECISION MAKING IN SELECTED MANUFACTURING FIRMS IN KWARA STATE
    (Ilorin Journal of Management Sciences, 2017) Adigbole, Ezekiel; Osemene, Olubunmi; Fakile, Oluwaseye
    In this competitive business environment, firms require financial and non -financial information to be able to effectively make strategic decisions that can enhance competitive advantage. The traditional management accounting techniques that some manufacturing firms in Nigeria continue to use cannot deliver this type of information and so there is need to implement non -costing Strategic Management Accounting (SMA) techniques. The specific objectives of this study were to assess the influence of Strategic Planning, Control and Performance Measurement (SPCPM) and Competitor Accounting (COMA) on the provision of information for managerial decision making. Survey research design was employed and questionnaire used in collecting primary data from accountants in 28 sampled manufacturing firms in Kwara State. Ordered logistic regression was used in data analysis. The study found that SPCPM has a positive significant impact on information for managerial decision making and COMA has no significant influence on information for managerial decision making. The study concluded that strategic management accounting especially SPCPM is relevant for the provision of information for managerial decision making. It is recommended that manufacturing firms that are not implementing SMA should do so to access complete information.
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    The use of activity-based costing system for product cost determination in manufacturing companies.
    (Department of History and International Studies, Adekunle Ajasin University., 2010-06) Akinleye, G.T; Adigbole, Ezekiel
    This study examined three basic systems of costing used in determining product cost information and these are: absorption (traditional) costing, direct costing, and Activity-Based Costing (ABC). Of these three systems, absorption costing and ABC are the common systems use for product cost determination as of today. For a very long time, absorption costing was the system mostly used for product costing; while direct costing is usually used for special decisions or situations. However, in 1988, ABC was introduced through the works of Cooper and Kaplan. It has been argued that when a company manufactures a variety of complex products, ABC is the best costing system to use for product cost determination. To verify this assertion, this paper discussed the use of ABC for product cost determination and used Osisioni Nigeria Ltd, a medium scale manufacturing firm based in Ota, Ogun state, Nigeria as a case study. The study utilized secondary data. The results of the descriptive analysis showed that ABC has great potentials for use in product costing.