Browsing by Author "Olaniyi, Taiwo Azeez"

Now showing 1 - 3 of 3
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    THE CORPORATE TAX PLANNING AND FINANCIAL PERFORMANCE OF SYSTEMICALLY IMPORTANT BANKS IN NIGERIA
    (FACULTY OF ECONOMICS, UNIVERSITY OF KRAGUJEVAC, REPUBLIC OF SERBIA, 2019) Fagbemi, Temitope Olamide; Olaniyi, Taiwo Azeez; Ogundipe, Ayobolawole Adewale
    Due to the multiplicity and overburdening of Nigeria’s tax system, the economic units in which systemically important banks (SIBs) are included implement the corporate strategies that identify the loophole which minimizes, postpones, or entirely avoids tax payments so as to reduce its negative effect on financial performance. Therefore, this study examined the corporate tax planning and financial performance of systemically important banks in Nigeria. Ex-post facto was adopted as the research design in this study, while Pooled OLS was used to analyze the data. This study has shown that the effective tax rate has a negative and significant impact on financial performance. Thin capitalization has a positive significant impact on the financial performance of SIBs in Nigeria, whereas capital intensity and the lease option have demonstrated an insignificant impact on the financial performance of SIBs in the country. The study concluded that corporate tax planning affects financial performance depending on the adopted tax planning strategies. Likewise, the study recommended, among other things, that the tax authorities should engage in the tax reforms whereby the corporate tax rate is to be adjusted, and that banks should engage in the activities that can reduce the effective tax rate.
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    The global endemic nature of financial malpractices: An analytical appraisal
    (Department of Business Administration, University of Maiduguri, 2005) Adefila, J. J.; Kasum, Abubakar Sadiq; Olaniyi, Taiwo Azeez
    It is increasingly becoming a commonplace knowledge that virtually every facet of the nation's economy is enmeshed in financial inadequacies. It is equally not in doubt that to an average educated Nigerian, fraud is the form of financial mismanagement has become a bedmate to our national life. The above scenario brings to question as to whether Nigeria is an island of corruption and hence making saint of the rest of the world.
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    The influence of Intellectual capital Efficiency on Companies' Financial Performance
    (College of Management Sciences, Al-Hikmah University, Ilorin, Nigeria, 2014) Salman, R. T.; Olaniyi, Taiwo Azeez; Kasum, Abubakar Sadiq; Fagbemi, Temitope Olamide
    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