Browsing by Author "Osemene, O. F."
Now showing 1 - 10 of 10
Results Per Page
Sort Options
Item Corporate sustainability disclosure and shareholders’ wealth of selected listed companies in Nigeria(Faculty of Management Sciences, Federal University, Dutsin-Ma, Katsina State, 2021) Osemene, O. F.; Abogun, Segun; Abdulsalam, I.; Adigbole, E. A.The continued agitation over social costs and benefits by stakeholders necessitated the need for sustainability accounting disclosure globally. Corporate scandals and the effects of firms’ activities on the environment, people, and the economy are capable of impacting upon the firms, particularly shareholders’ value. This has raised fundamental question on the extent to which existing corporate disclosures reveals systemic risks and true cost of doing business in today’s world, especially in Nigeria. This study examined the impact of corporate sustainability disclosure on shareholders’ wealth focusing on the quoted companies in Nigeria. Secondary data was obtained from the annual reports of the three quoted Nigerian companies and they were analyzed using panel least square (random effect) estimator. Findings revealed economic disclosure and environmental disclosure had a negative significant impact with (p-value 0.000) respectively while social disclosure had a positive significant impact (p-value 0.037) on shareholders’ fund. The study concluded that sustainability disclosure influenced shareholders’ wealth of listed companies in Nigeria. This study recommended that listed sampled companies should increase disclosure on the effects of firms’ activities on all sustainability disclosure dimensions.Item Costing Techniques and Decision Making among Manufacturing Firms in Kwara State(Department of Accounting and Management, Nigerian Defense Academy, Kaduna, Nigeria., 2018) Adigbole, E. A.; Osemene, O. F.; Dikki, A. C.; Abogun, S.The contemporary manufacturing environment is shaped by the improvement in technology resulting in the situation of manufacture of multiple products by firms and the attendance increase in manufacturing overhead costs. The traditional costing techniques cannot cope with the increase in overheads resulting in the provision of incomplete information. Thus, manufacturing firms have to employ sophisticated costing techniques to generate complete information. Hence, the objectives of this study were to: establish the influence of contemporary costing techniques on the provision of information for decision making; and examine the effect of technology growth on the provision of product related information for managerial decision making. This study sampled 28 manufacturing firms in kwara state and used structured questionnaire in data collection from accountants in the sampled firms. Ordered logit regression was used in data analysis. The study found that costing techniques of SMA significantly influence the provision of information for decision; and technology growth significantly affects the provision of product related information for managerial decision making. The study concludes that contemporary costing techniques can enhance the generation of information for managerial use in decision making in manufacturing firms. Hence, it is suggested that manufacturing firms should implement these costing techniques as they can deliver accurate information about product cost, customers and competitors.Item Directors’ Heterogeneity and Financial Performance of listed Deposit Money Banks in Nigeria.(International Journal of Accounting and Management, 2017) Osemene, O. F.; Abogun, S.; Olaoti, Y.I.; Ahmed, S.The study investigated directors’ heterogeneity and its impact on banks financial performance over a period of seven years (2008-2014). Secondary data were collected from the annual financial statements of banks and were analyzed with ordinary least square regression technique. The result showed that board nationals have a negative significance on return on equity, board ethnicity have a positive impact on return on equity, and board size have no significance on return on equity while bank size have negative significant impact on return on equity. The study concluded that directors’ heterogeneity has significant impact on banks performance.Item Impact of accounting information on managerial decision making in Nigerian manufacturing sector(2016) Yahaya, K. A.; Osemene, O. F.; Salman, R. T.Accounting information is an essential ingredient for understanding financial situation of the organization and the basis of making strategic decisions._ This study examines the impact of accounting information on making effective managerial decisions in manufacturing organisations‘ The major source of data for this research is primary data obtained through administration of questionnaires. Regression Analysis and Kori Pearson's correlation was used to analyses the collected data. The findings show that accounting information is an indispensable tool in decision making in today's turbulent world. Base d on the findings, it was recommended that manufacturing organizations should invest an accounting information system technology tools as it improves their efficiency, effectiveness and their overall performance.Accounting information is an essential ingredient for understanding financial situation of the organization and the basis of making strategic decisions._ This study examines the impact of accounting information on making effective managerial decisions in manufacturing organisations‘ The major source of data for this research is primary data obtained through administration of questionnaires. Regression Analysis and Kori Pearson's correlation was used to analyses the collected data. The findings show that accounting information is an indispensable tool in decision making in today's turbulent world. Base d on the findings, it was recommended that manufacturing organizations should invest an accounting information system technology tools as it improves their efficiency, effectiveness and their overall performance.Item Impact of international Financial Reporting Standards (IFRS) on quality of financial reporting in the Nigerian banks(Bayero International Journal of Accounting Research. Published by the Department of Accounting, Bayero University, Kano, Nigeria, 2014-12) Yahaya, K. A.; Osemene, O. F.; Aderogba, J. OAccountants all around the world decided to adopt the same accounting language and present the same financial statement format which will result in uniform accounting standards across the world international Financial Reporting Standards (IFRS) is the approach selected. This paper examined the eflect of the adoption of International Financial Reporting Standards (IFRS) on the quality of financial statements of banks in Nigeria. Specifically, it investigated the impact of the change in the standards of preparing the financial statement on the quality of the report, also accessed the level of compliance of the banks to the requirement of the standards using both primary and secondary data some stakeholders and Commercial Banks financial report, through the computation of various ratios, plotting of graph. Also the questionnaire was analysed using regression analysis. This study found out that IFRS has actually improved the quality of the report. The level of compliance to IFRS requirement by the Nigerian commercial banks was low; this is because a lot of changes were observed at the adoption of IFRS and there were lot of differences which needed direction of experts. This study concludes that IFRS has improved the quality of preparation and disclosures of financial statement compared to GAAP era and recommends training and enforcement of professionals both in the industry and academic environment in other to be well equipped in the delivery of their duties regarding the preparation of the financial statement and teaching of the standards.Item 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..Item 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.Item A study of the effectiveness of pension fund administrators in Nigeria(Kogi Journal of Management, Published by the Faculty of Management Sciences, Kogi State University, Anyigba, Kogi State., 2011-06) Aliu, O. A.; Osemene, O. F.; Abdulraheem, A; Yahaya, K. A; Kasum, A. S.The study was carried out to assess how effective one of the operators of the new contributory pension scheme. Pension Fund Administrators (PFAs) - has been discharging their responsibilities. This survey was performed using purposive sampling technique to their responsibilities. This survey was performed using purposive sampling technique to select active contributors and retirees from the new and the old schemes. Questionnaires were administered to respondents who were made to answer relevant questions hitherto rated on a 5-point Llkert scale. Responses were analyzed using Z-statistics and Mann-Whitney test. Results showed that PFAs were not doing enough in the areas of updating the respondents on the movements in the pension fund and notification on the investment strategy to which their funds were channeled. All other roles such as level of customer service delivery rendered by PFAs, notifying respondents on fund performance and prompt payments were carried out satisfactorily. The study revealed among other things that employment sector, employment status and pension scheme of the respondents had significant influence on the performance of PFAs while the PFA type does not. Consequently, the study recommended among other things that PFAs should provide more strategic investment opportunities and information to contributors to increase their confidence in the new pension scheme.Item A study of the effectiveness of Pension Fund Administrators in Nigeria(Faculty of Management Sciences, Kogi State University, Anyigba. Kogi State, 2011-06) Aliu, Olanrewaju Atanda; Osemene, O. F.; Addulraheem, A.; Yahaya, K. A.; Kasum, A.S.The study was carried out to assess how effective one of the operators of the new contributory pension scheme. Pension Fund Administrators (PFAs) - has been discharging their responsibilities. This survey was performed using purposive sampling technique to their responsibilities. This survey was performed using purposive sampling technique to select active contributors and retirees from the new and the old schemes. Questionnaires were administered to respondents who were made to answer relevant questions hitherto rated on a 5-point Llkert scale. Responses were analyzed using Z-statistics and Mann-Whitney test. Results showed that PFAs were not doing enough in the areas of updating the respondents on the movements in the pension fund and notification on the investment strategy to which their funds were channeled. All other roles such as level of customer service delivery rendered by PFAs, notifying respondents on fund performance and prompt payments were carried out satisfactorily. The study revealed among other things that employment sector, employment status and pension scheme of the respondents had significant influence on the performance of PFAs while the PFA type does not. Consequently, the study recommended among other things that PFAs should provide more strategic investment opportunities and information to contributors to increase their confidence in the new pension scheme.Item A study of the effectiveness of pension fund administrators in Nigeria.(Faculty of Management Sciences, Kogi State University, 2011) Aliu, A. O.; Osemene, O. F.; Abdulraheem, A; Yahaya, K. A.; Kasum, Abubakar SadiqThe study was carried out to assess the effectiveness of one of the operators of the new contributory pension scheme (Pension Fund Administrators).