Browsing by Author "Salam, M.O."

Now showing 1 - 4 of 4
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    The effect of financial statement on economic decision of primary stakeholders in Nigerian Banks
    (Department of Business Administration, University of Ilorin, 2011) Abdulkadir, R.I.; Aliu, O. A.; Salam, M.O.
    The major objective of accounting is to provide information for decision making to various users. Such information can be obtained from the financial statements of organizations. This study provides empirical evidence on the impact of the information contained in the financial statements on the economic decisions of selected primary stakeholders in Nigerian banks. The four banks chosen for the study include United Bank for Africa, First Bank, Guaranty Trust Bank and Diamond Bank. Also, three user groups namely shareholders, employees and depositors were surveyed in the study. The data for the study was collected from a questionnaire distributed to two hundred and forty respondents. Percentages, Z-score statistical test and ANOVA were used to analyze the data gathered for the study. The results of the analysis shows that the primary stakeholders lack the ability to analyze information contained in the financial statements and also reveal further that the stakeholders do not base their economic decisions on the evaluation of the banks' financial statements. The study therefore concludes that the financial statements have no significant impact on the economic decisions of primary stakeholders of the banks. Based on this, the study recommends amongst others that regulatory bodies and Nigerian banks should organize educative sessions at intervals for stakeholders to enlighten them on the importance of financial reporting to their economic decision making and to guide them on how to read and analyze information contained in the financial statements
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    Impact if compliance compliance with sustainable development related accounting standards on financial position and market value nof Nigerian quoted companies
    (Faculty of Management and Social Sciences, Ibrahimm Badamasi Babangida University, Lapai Niger State, Nigeria, 2011-12) Kasum, A.S.; Aliu, O. A.; Salam, M.O.
    The study is a follow-up to the presentation at the 16th AISDRC in Hong Kong, which among others critiques suggested that other performance indicators, besides profitability are studied in relation to sustainability. The study and still is against this background that sustainability development practices may involve financial outflows and hence, may be an unattractive investment to managers. This present study evaluated the impact of corporate compliance to accounting standards that are deemed to enforce sustainable development practices and can therefore imply sustainable development practices by companies on financial position and market value of quoted companies in Nigeria. Forty-four companies that have existed since financial reporting standardization began in Nigeria were studied over five years, using regression statistical technique. The coefficient of determination (R2) results showed that sustainable development practices of companies relates in a very insignificant extent better asset worth and improved market values.
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    Impact of Education and Gender on Personal Income Tax Compliance in Kwara State, Nigeria
    (Faculty of Business and Social Sciences, University of Ilorin, 2013-08) Salam, M.O.; Aliu, O. A.; Abdulkadir, R.I.
    The study investigates the impact of educational qualification and gender on personal income tax compliance in Kwara State. A questionnaire was administered to 450 respondents in the three local government areas in Ilorin metropolis. Mann-Whitney U test and Analysis of Variance statistical techniques were employed to analyze the data collected. The results reveal that both educational qualification and gender affect personal income tax compliance. As such, the study recommends that the Kwara State Board of Internal Revenue should target the taxpayers with lower level of educational qualifications and male; with a view to directing its audit strategies in respect of the evaders and bridge the tax gap also to create awareness about the penalty attached to tax evasion.
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    The influence of corporate governance on creative accounting practices in Nigeria
    (Department of Business Administration, University of Ilorin, 2013) Fagbemi, T. O.; Abogun, Segun; Salam, M.O.
    The collapse of corporate organisations in Nigeria has brought the issue of creative accounting and corporate governance to the fore front. hence, this study examines the relationship between corporate governance and creative accounting practices from selected Nigerian Companies. Using respondents from twenty five Nigerian companies that have their head office located in lagos state, the propositions made were tested using pearson product coefficient of correlation and regression analysis. Findings from the study suggests that their is significant and positive association between rule observance and creative accounting practices. evidence also exists on the relationship between creative accounting practices and the decision usefulness of the financial statements. The study concluded that effective corporate governance is necessary to the proper functioning of corporate firms. The study recommends that the corporate governance should be used as tool to help stem the tide of creative accounting practices.