Browsing by Author "Ajibolade, S.O."

Now showing 1 - 1 of 1
  • Item
    Budget Emphasis, Non-Financial Measures and Information Manipulation: A Moderated Regression Approach
    (Amity Business School, Amity University, Noida, India., 2013) Fagbemi, T. O.; Abogun, S.; Ajibolade, S.O.
    The rising cases of accounting scandals resulting into corporate failures is a threat to life and a source of concern to investors and the generality of the people of this country, Nigeria. Budgeting among other things have been identified as both planning and control tool. Similarly, a reduced emphasis on financial reporting in favor of non-financial measures has been identified as preferred measure of assessing the performance of firms. Therefore, the main objective of this study is to examine the impact of budget emphasis and no-financial measures on information manipulation. A cross sectional survey research design was used in this study. The firms listed on the Nigerian Stock Exchange constitute the population of this study which was made up of two hundred and eighteen (218) firms while a sample of one hundred and twelve (112) firms was selected. The moderated regression technique was used for the analysis of the study data. The study found that budget emphasis and budget participation had significant relationship with information manipulation. The study hereby concluded that budget emphasis has impact of information manipulation. It was recommended that firms should pay more attention to budget emphasis as a means of controlling information manipulation.