Browsing by Author "Salman, R.T"

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    Board gender representation, employee friendlt workplace and firm performanceof Nigeria deposit money
    (Ilorin Journal of Accounting, 2021) Yunus AbdulRasheed Bolaji; Fagbemi, T.O; Dauda, A; Salman, R.T; Abdulmumin, B.A
    Banking crisis is recurring in Nigeria despite the introduction of several regulations and corporate governance mechanism. In the light of recurring crisis, board diversity was identified as one of the essential ingredients in ensuring board performance. As a result, this study examined whether employee friendly workplace can moderate the relationship between board gender representation and firm performance of deposit money banks in Nigeria. The specific objectives were: (i) examine if board gender representation has effect on firm performance of Nigerian Deposit Money Banks; (ii) assess if employee friendly environments have effect on performance of listed Nigerian Deposit Money Banks; (iii) investigate whether employee friendly environments can moderate the relationship between board gender representation and performance of Nigerian Deposit Money Banks. The study employed the ex-post facto research design and data were gathered from secondary sources, specifically, the financial year annual audited reports of deposit money banks listed on the Nigerian Stock Exchange (NSE). Census study was adopted because all the fifteen deposit money banks listed on the NSE as at December 2018, over the periods 2012 to 2018, were examined. The Breusch and pagan panel Lagrange multiplier (BP-LM) indicated the appropriateness of pooled OLS regression. The estimated R-squared value of 0.892 and F-statistic value of 2.03 (with p-value of 0.005), indicating that about 89.2 percent of variations in banks' performance is explained by the model, and that the overall model is statistically significant. The probability value of 0.08 and 0.000 for board gender representation and employee friendly workplace indicated that they are both statistically significant at 10%. The study concluded that employee friendly workplace influences performance of Nigerian deposit money banks and thus recommended increase in the number of females on board of directors of listed deposit money banks in Nigeria in order to enhance or improve profitability.
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    Taxation and corporate investment: a comparative analysis of Nigeria and Ghana
    (Departments of Accounting & Finance and Business Administration, Fountain University, Osogbo, 2018) Olaniyi, T.A; Adegoke, O.A; Salman, R.T
    This study examines the effect of taxation on Corporate investment in Nigeria and Ghana using panel data that were obtained from financial statements of listed 150 and 48 companies respectively from 1999-2016. The results showed that all explanatory variables used in this study explained 68.4% and 87.2% variation in investment in Nigeria and Ghana respectively. The F-statistics of 8.79 with p of 0.0000 indicates that the model is fit to predict the investment level. The study concludes that corporate income tax and interest significantly affect the level of investment in Nigeria with each variable having a p-value<5 % and negative coefficients parameters of -0.4065 and -0.1646 respectively. Meanwhile exchange rate and import rate are insignificant in explaining the level of investment in Nigeria, with p-values>5%. However, in Ghana, corporate income tax, interest and exchange rate significantly affect investment given their p-values are <5%. These variables have negative coefficient parameters of -0.6575, -6652 and 0.3010 respectively while import rate with a positive coefficient of 6.9373, also has a p-value of 0.9437 indicating an insignificant relationship with the level of investment in Ghana. The study recommends that governments should restructure tax rate and it’s administration in both countries by reducing the company income tax rate from 30 percent to a lower percentage and enforcing strong macroeconomic policies including stabilization of exchange rate and regulation of interest rate charged by lending institutions with a view to reduce the adverse effect of tax rate on corporate investment