Browsing by Author "Etudaiye-Muhtar, O. F"

Now showing 1 - 3 of 3
  • Item
    Comparative analysis of technical efficiency of Islamic banks in selected low-income countries of Africa and Asia
    (Universiti Utara Malaysia, 2022) Jimoh, Abdulrazaq Taiye; Ijaiya, M. A.; Attah, J. A.; Abdulmumin, B. A.; Etudaiye-Muhtar, O. F
    Islamic banks in Africa and Asia have been characterised by some technical inefficiencies. The sources (managerial issues or scale of operation) of these inefficiencies still remain a problem of empirical investigation since mixed reports have been given in that regard. This study therefore investigated the sources of inefficiencies by decomposing technical efficiencies of the banks and comparing the components of Islamic banks in the low-income countries of Africa and Asia. Data were collected from annual reports of the selected banks and analysed using both descriptive and inferential statistical tools. Data Envelopment Analysis (DEA) was conducted to estimate the pure technical and scale efficiencies of the banks. The study found that the inefficiency attributable to all the selected banks were due to pure technical efficiency (0.876), which was lower than the mean value of scale efficiency (0.917). That is, the inefficiencies were caused largely by managerial problems rather than operating scale. It was also found that Islamic banks in Asia were more technically efficient than those from Africa in terms of pure technical (0.920>0.827) and scale efficiencies (0.934>0.902). The study concludes that managerial issues such as insufficient competent staff, poor monitoring and so on were the causes of low efficiency attributed to Islamic Banks in Africa. It was thus recommended that Islamic banks in Africa should employ staff members who are competent with requisite knowledge of Islamic finance to improve the pure technical and overall efficiency of the banks.
  • Item
    A Comparative study of financial market development indicators in Africa.
    (Ilorin Journal of Accounting, Published by the Department of Accounting, Faculty of Management Sciences, University of Ilorin., 2014) Etudaiye-Muhtar, O. F; Yahaya, K. A; Abdulkadir, R. I.
    This paper examines the determinants of voluntary structural capital disclosure of the publicly listed Nigerian companies. Annual reports of 2011 of 50 selected companies listed in the Nigerian Stock Exchange were used. Negative Binomial Regression was used to analyse the coefficient associated with variables measuring the managerial ownership. Negative binomial regression shows that coeflicients associated with variables measuring the managerial ownership are significant. However, the multivariate analysis reveals that the performance of a company, listing status, interest in the pressure of stakeholders, the industry and competitive pressure are not explanatory factors of the voluntary SCD. The result findings reveals that most companies disclosed their structural capital in form of narrative than quantitative. In view of these findings, the study recommends that Nigerian companies should strive to disclose valuable items that will be useful for users of accounting information in making rational decision in quantitative form.
  • Item
    Financial Innovation and Sustainable Development in Nigerian Financial System
    (Grosvenor House Publishing Ltd, 28-30 High street, Guildford, Surrey, GU1 3EL,UK, 2012) Salman, Ramat Titilayo; Etudaiye-Muhtar, O. F