Browsing by Author "MUSTAPHA, Lateef Olumide"

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    The Effects of Corporate Risk on Financial Performance: Evidence from Listed Deposit Money Banks in Nigeria
    (Faculty of Management Sciences, University of Ilorin, Ilorin, Nigeria, 2017-06) MUSTAPHA, Lateef Olumide; SALAM, Mudathir Olanrewaju; MOHAMMED, Hajara Adama
    This study assesses the effect of corporate risk on financial performance of listed Deposit Money Banks in Nigeria for the period of 2011-2016. The population of the study based on the availability of data in the Nigerian Stock Exchange is fourteen (14) listed Deposit Money banks. The study adopted Census sampling technique of which all the fourteen (14) Banks were studied. Corporate risk as the independent variable was proxied with liquidity risk, credit risk, operating risk and bank size, while the return on asset was used to proxy financial performance. Data were collected from secondary source through the annual reports of the banks for the period under study and the data was analysed using panel regression techniques. The findings reveal that liquidity risk has an insignificant negative effect on the financial performance of the study banks, while the credit risk and operating risk has a significant negative effect on financial performance respectively. The bank size has a significant positive effect on financial performance of listed Deposit Money Banks in Nigeria. It is recommended among others that the banks should regulate their liquidity risk position and ensure they minimize the non-performing loan as it has been found empirically to reduce the quality of the firm’s financial performance. They should also reduce their operational cost for better performance.
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    Taxpayers' Knowledge and Tax Compliance in Kwara State
    (Department of Accounting and Management, Nigerian Defence Academy, Kaduna, 2018-12) SALAM, Mudathir Olanrewaju; MUSTAPHA, Lateef Olumide; ALIU, Atanda Olanrewaju
    Tax collected constitutes a major revenue sources for any government to discharge its obligation to its citizens. However, loss of revenue resulting from non-compliance especially in a self-assessment system has been a major problem in Kwara State, Nigeria. Using proportional stratified random sampling technique, sample size of 558 members of the Kwara State Artisans Congress were chosen from the population of 68,338 registered members. Data was collected through the use of a structured questionnaire; the study applies both descriptive and inferential statistics. Simple linear regression and One-way repeated-measures ANOVA were used in testing the hypotheses of the study. Results indicate that taxpayers’ knowledge have statistically significant effect on tax compliance in a self-assessment tax system in Kwara State; and that there are statistically significant differences in taxpayers’ general knowledge, legal Knowledge and technical knowledge. The study concludes that tax compliance in a self-assessment system is influenced by taxpayers’ knowledge. The study recommended that Kwara State Government through the Kwara State Internal Revenue Service should develop new tax education programmes that would accommodate the different and diverse needs of the taxpayers.