Browsing by Author "SALAM, Mudathir Olanrewaju"
Now showing 1 - 3 of 3
Results Per Page
Sort Options
Item An Assessment of Influence of Budget Process on Budget Performance: The Experience of Kwara State(Taiwan Institute of Business Administration, 2011-08) ALIU, Atanda Olanrewaju; SALAM, Mudathir Olanrewaju; ABDULKADIR, Rihanat IdowuThis study assessed the effects of budgetary process on budget performance in public sector using Kwara State as a focus. Data were collected from primary and the secondary source using structured questionnaires administered to accounting officers, budget officers and the legislators in the State. The data collected were analysed with Kruskal-Wallis estimator. The study found that the existing budget process is significantly effective to attain better performance, though stakeholders on budget implementation differ on their perceived extent of compliance showing there has not been full compliance with the application of budget process. Finally, the study recommends improving extents of compliance with budget process via organising seminars and workshops by Kwara State Government for incumbent and would-be stakeholders in budget implementation and imposing sanction to serve as deterrent against failure to comply with established budget process.Item Economic Implications of Climate Change and the Imperative of Re-Directing Financial Resources in Nigeria(British Academic Journals, 2011-11) YAHAYA, Khadijat Adenola; SALAM, Mudathir Olanrewaju; BAMIGBADE, DayoNigeria like other countries of the world is faced with the challenges of ensuring sustainable environmental development through economic policies and governmental activities. According to the Organization of Economic Cooperation and Development (OECD), economic dangers and losses arising from climate destabilization could cause the global economy up to $970 billion. This paper therefore examined the economic implications of climate change in Nigeria. Relevant literature was reviewed and secondary data was collected. Based on the available information, it was recommended that government and its agencies should utilize effectively the available financial resources and embank on environment friendly projects and activities in order to achieve sustainable development.Item 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 AdamaThis 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.