Browsing by Author "Ramat, Titilayo Salman"

Now showing 1 - 2 of 2
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    Intellectual Capital Disclosure in Financial Reports of Nigerian Companies
    (Faculty of Social Sciences, Usmanu Danfodiyo University, Sokoto, 2013) Ramat, Titilayo Salman; Noah, Abdulrafiu Olaiya; Olubunmi Florence, Osemene
    This study examines the extent and quality of intellectual capital (IC) disclosure in the financial reports of selected companies in Nigeria, IC disclosure index was constructed to code items in the annual reports of 50 different Nigerian companies using content analysis methods. The finding of the study is consistent with the previous studies, revealing that the levels of IC disclosures in the financial reports of the sampled companies are not high. Most of the reported IC drivers are expressed in narrative and qualitative rather than in quantitative or monetary terms. Relational capital was the highest reported in the financial statements of Nigerian companies as well as having the highest quality of disclosure among the three main categories of IC.
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    Volatility Contents of Exchange Rate and Profitability of Deposit Money Banks in Nigeria
    (Department of Accounting, Adekunle Ajasin University Akungba-Akoko, 2021) Yahaya, Khadijat; Ramat, Titilayo Salman; Olufemi, Tolulope Olayinka
    Organizations exist in a dynamic environment and the failure of organizations to manage their foreign exposures well may have adverse effects on their returns. The study investigated the effect of volatility in foreign exchange rates on Nigerian deposit money banks' profitability. The target population constitutes 22 listed banks and 7 deposit money banks was selected as sample size using purposively sampling techniques. The regressions showed that foreign exchange rate volatility has a positive effect on return on assets, return on equity, and capital adequacy ratio. An increase in exchange rate volatility results in a 6.52, 78.81 , and 38.53 increase in return on assets, return on equity, and capital adequacy ratio, respectively. However, these positive effects are insignificant as the p-value of 0.3403, 0.767, and 0.1877 are greater than the 10, 5, and 1 levels of significance. The regression results also showed that foreign exchange rates affect the net interest margin of Nigerian deposit money banks. An exchange rate increase of one unit leads to a net interest margin decrease of 3.25 percent. The negative effect is nevertheless negligible since the p-value of 0.7008 is higher than 5. It was concluded that the profitability of Nigerian deposit money banks is influenced by the foreign exchange rate, inflation, interest rate, and bank size. According to the findings, robust foreign exchange rate policies could be instituted by bank management as an efficient measure of managing exchange rate risk.