Browsing by Author "Olaniyi, T. A."

Now showing 1 - 9 of 9
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    Determinants of Sustainable Value-Added Tax Revenue Generation in Nigeria.
    (Danubius University of Galati., 2026) Adigbole, E. A.; Olaniyi, T. A.; Abogun, S.; Orilonise, M
    This study examined the determinants of sustainable Value-Added Tax (VAT) revenue in Nigeria, specifically, it focused on determining the effects of VAT policy gaps, VAT system simplicity, VATcompliance, and VAT fairness perceptions on sustainable VAT revenue performance in Nigeria. Prior Work: While extant literature acknowledges VAT’s fiscal importance and challenges like complexity and tax gaps, integrated empirical research on how these factors influence VAT revenue sustainability in Nigeria remains lacking. Approach: Using a cross-sectional survey, primary data were collected from 384 VATable entities, tax officials, and experts. Partial Least Square - Structural Equation Modelling (PLS-SEM) was employed for analysis. Results: All four constructs—policy gap, simplicity, compliance, and fairness perception show a significant positive effect on sustainable VAT revenue. Implications: Tax authorities must adopt integrated reforms that close policy gaps via efficient data systems, simplify compliance, and foster fairness perceptions to enhance voluntary compliance and long-term VAT revenue sustainability. Value: This study uniquely moves beyond revenue collection to empirically modelling of the drivers of sustainable VAT revenue generation, thus offering a holistic framework linking VAT policy, administration, and taxpayer perceptions for developing economies.
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    Earnings persistence of Nigerian listed banks
    (Management Development Centre, Department of Management, Faculty of Business and Economics, Universitas Islam Indonesia., 2020) Abogun, Segun; Olaniyi, T. A.; Ijaiya, M. A.; Fagbemi, T. O.
    Banks report huge profits yearly yet some of these banks were reported to lack capital adequacy and some were reported to be close to being insolvent. Therefore, it is important to determine whether or not the profits reported by these banks are persistent. As a result, the main objective of this study is to examine the persistence of earnings of Nigerian listed banks. The explanatory research design was adopted and data were gathered from the secondary source, specifically from the financial statements of Nigerian quoted banks. The entire fifteen (15) quoted deposit money banks which constitute the population of the study was examined over a period of eleven (11) years spanning 2005 to 2015. In this study, the Generalized Method of Moments (GMM) dynamic panel estimation technique was employed. The study found that the earnings of the Nigerian listed banks are less persistent, that is, less sustainable. It is therefore recommended that investors should exercise caution by paying less attention to reported earnings. Instead, effort should be made to determine the persistent level of earnings to avoid wrong investment decisions.
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    Earnings Predictability of Quoted Firms in Nigeria.
    (Centre for Research on Islamic Banking and Finance and Business, USA, 202) Olaniyi, T. A.; Abogun, S.; Salam, M. O.
    The inability of investors to predict future earnings of firms expose them to further risk such that potential investors may be scared away while existing ones may be prompted to withdraw their investment. Thus, it becomes imperative to evaluate the earnings predictability of Nigerian quoted firms with a view to establish the ability or inability of earnings to predict itself. Also, the study examined the impact of volatility on earnings predictability of Nigerian quoted firms. The total number of seventy-three (73) quoted Nigerian firms constitutes the population of this study and the entire 73 firms were studied. The causal relationship research design was adopted. The secondary data used were collected from the financial statements of quoted firms for the period 1996 to 2015. The system generalized method of moment (GMM) was used to estimate the dynamic panel regression models of the study. The study found that earnings of firms are predictable. The study also found that volatility has adverse effect on earnings predictability. It was therefore recommended more interest /investment in Nigerian firms since earnings information is available and is predictable while managements of firms should reduce instability in reported earnings.
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    Effect of Oil Dependence on Sustainability of Nigeria’s Economy.
    (Published by Federal University, Gashua, Nigeria., 2016) Olaniyi, T. A.; Christopher, E; Abogun, S.
    Continuous sustainable economy for growth and development which remains the true essence of governance is threatened in Nigeria due to insufficient fund caused by dwindling oil revenue upon which the country relies for sustainability. This reliance had resulted into lack of sufficient funds for some states government and parastatals to cater for their expenditure needs. This work studied the effect of oil revenue dependence on Nigeria’s economy growth with with a view to determine the extent to which the country can sustain its economy (meet its recurrent (Rec_Expt), capital expenditures (Cap_Expt) and external debt servicing (Ext_Debt)) from its reliance on oil revenue. Modeling sustainability as the dependent variable, oil revenue (Oil_Revt) was the independent variable while non-oil revenue (Non_OilRevt) and (Ext_Debt) served as control variables. Fully Modified Least Square (FMOLS) Regression Technique was used to estimate the model over a 45 years’ period (1970-2014) while Augmented Dickey Fuller Unit Root Test and Single Equation Co-Integration Test were carried out. The study reveals that all the variables at 5% are stationery at I(1)with a long run relationships while oil revenue oscillates and dwindles during the period. It was also found that Oil_Revt is statistically significant (88% and 80%) respectively in sustaining Nigeria’s economy (financing the country’s Cap_Expt and Rec_Expt) while Debt servicing was found to be irregular. Non_OilRevt could only finance Rec_Expt by 20%, Cap_Expt by 12% but is negatively related to Ext_Debt). Since (Non_OilRevt) cannot sustain the economy, the downward trend in oil revenue spells doom for the country and as such swift diversification of the economy from oil revenue dependence to a country with multiple revenue sources is recommended alongside implementing strategies for blocking revenue leakage for Nigeria to become a truly independent nation with independence.
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    Impact of transparency and government spending on tax ratio in ECOWAS Nations: Pre - COVID Era.
    (Published by Department of Business Administration, Universitas Diponegoro, Indonesia., 2023) Adigbole, E.A.; Olaniyi, T. A.; Oladipo, O.A.; Kuranga, A. F.; Fakile, O. G.; Oladipo, A. O.
    Tax payment is a phenomenon of global significance irrespective of national differences, ideologies, and uniqueness. In this regard, government expenditure scrutiny and transparent reporting have emerged as an important development in social policy that could help boost tax revenue, although less questioned. Therefore, this study examined the impacts of transparency, and government spending (on health, education, and infrastructure) on tax ratio in ECOWAS nations. This study adopted ex-post facto research design. The secondary data used were collected from fifteen (15) ECOWAS countries and covered the selected pre – COVID period of 2012 to19 (8 years). Panel data regression technique was used to estimate the data collected. The results of the analysis revealed that: transparency positively impact on tax ratio in ECOWAS nation; and government spending on Education and Infrastructure positively impact on tax ratio; while government spending on health has no significant impact on tax ratio among ECOWAS nations. This study concluded that transparency and government spending jointly impact tax ratio in ECOWAS nations. The study therefore recommended that tax authorities should embrace the principle of informational, participatory, and accountability transparency to facilitate a tax system capable of closing tax gap.
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    The influence of Intellectual capital Efficiency on Companies' Financial Performance
    (College of Management Sciences, Al-Hikmah University, Ilorin, Nigeria, 2014-06) Salman, Ramat Titilayo; Olaniyi, T. A.; Kasum, A. S; Fagbemi, T. O.
    This study examines the influence of intellectual capital efficiencies on companies’ financial performance measured by return on equity (ROE) in Nigerian companies for three years. To this end, annual report of 25 sampled companies were analysed using Value Added intellectual capital coefficient (VAIC) as proposed by Public (2004) using SPSS 16 software package. The results show that relationship exist between intellectual capital components efficiencies and companies ‘financial performance. Furthermore, structural capital has the highest correlation with companies’ financial performance (ROE) and Size (asset) of the sampled companies. Therefore, it is recommended that sampled companies should embark on policy that will improve their organizational structural facilities
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    The influence of intellectual capital efficiency on companies’ financial performance
    (College of Management sciences, Al Hikma University, 2014) Salman, R. T.; Olaniyi, T. A.; Kasum, Abubakar Sadiq; Fagbemi, T. O.
    This study examined the influence of intellectual capital efficiency on companies' financial performance measured by return on equity (ROE) of Nigeria companies.
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    Pricing decision-making in a manufacturing organization in Oyo State, Nigeria
    (Department of Business Administration, Ekiti State University, Ado Ekiti, Ekiti State, Nigeria., 2012) Osemene, O. F.; Olaniyi, T. A.; Aliu, O.A.
    Relevant information on cost as input for effective pricing decision making is necessary if organizational goals and objectives are to be attained. The quality of decision taken depends on the strength of the information received especially on pricing decision-making. Hence, this work seeks to establish the necessity of cost information in managerial decision making as it relates to the fixing of selling prices of manufactured goods, using a manufacturing pharmaceutical firm located in Oyo State as a case study..
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    Pricing decision-making in a manufacturing organization in Oyo State, Nigeria.
    (Department of Business Administration, Ekiti State University, Ado Ekiti, Ekiti State, Nigeria., 2012) Osemene, O. F.; Olaniyi, T. A.; Aliu, O. A.
    Relevant information on cost as input for effective pricing decision making is necessary if organizational goals and objectives are to be attained. The quality of decision taken depends on the strength of the information received especially on pricing decision-making. Hence, this work seeks to establish the necessity of cost information in managerial decision making as it relates to the fixing of selling price of manufactured goods, using a manufacturing pharmaceutical firm located in oyo state as a case study. Secondary data also were collected from the firms' official books on prices for five years (2006-2011). The firm employed total cost plus method to compute the prices of its products. The secondary data also contained the prevailing market prices of the firm's product for the same period (2006-2011). The mean prices of the firm's product and the mean prices of same product by other firms in the open market were statistically analyzed to see whether there is a relationship between them. Results revealed that the prices set by the firm, were within the information on cost from the open market may have influenced the computation of prices set by the pharmaceutical firm examined. Hence, the upward and downward review of prices by the firm is a survival strategy. Consequently, we recommend as a policy option, that firms should embark on adequate data collection as it relates to cost before using them to fix prices of their products.