Browsing by Author "Salman, R. T"
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Item Effect of Corporate Governance on Financials of manufacturing companies in Nigeria(Department of Business Administration, Ibrahim Babangida University, LAPAI, 2016-12) Kasum, A. S; Fafeyiwa, O. O; Nassar, M. L; Salman, R. TThe nature and extent of accountability to people who have pulled their resources together to invest in a business and the mechanism that try to decrease the principal agent problem is the subject matter of corporate governance. Corporate governance builds credibility, assures transparency to maintain accurate disclosure of facts and figures and brings about corporate accountability that result to improved overall performance of the firm. This study examined the effect of corporate governance mechanism on firm performance and other key financials using manufacturing firms in Nigeria as a case study. The study was for a period of eleven (11) years from 2004-2014. The study obtained data from library of Securities and Exchange Commission (SEC) and the case study companies’ websites. A total of 10 (ten) manufacturing firms were selected for the study. In analyzing data collected, the study took advantage of both descriptive and inferential statistics tools. The study used panel data regression technique with a choice between fixed effect model (FEM) and Random effect model (REM) i. e (Error Component Model) estimation technique using Hausman test. The result of the study showed that the corporate governance mechanism have significant influence on firm’s financials at 5% level of significance with R2 = 0.3583, 0.4062, 0.5308, 0.7419 and 0.3425 respectively and p value = 0.000, 0.001, 0.022, 0.000 and 0.000 respectively. The study therefore recommended that the necessary institution and legal system to enforce compliance must be put in place for good corporate governance to have a meaningful impact in Nigeria.Item Impact of Small and Medium Scale Enterprises on Poverty Alleviation in Kwara State, Nigeria(Akamai University, USA, 2017-05) Osemene, O. F; Salman, R. T; Kolawole, K. DSmall and medium scale enterprises (SMEs) are the mechanism propelling economic growth and development mitigating poverty in many countries of the world. Despite accounting for more than 95% of productive activities, SMEs contribution to the Nigeria’s gross domestic product (GDP) is below 10%. The rates of poverty and unemployment remain very high in the country. In view of this, this study examines how SMEs contribute to poverty alleviation and reduction in Kwara State. The study employed primary data through the administration of questionnaire from a sample of 100 small and medium scale enterprises. A probit regression was used to shed light on the impact of income generated by owners of SMEs on poverty alleviation in Nigeria. The results of the regression analysis revealed that income generated by owners of SMEs impacts strongly on poverty alleviation in Kwara State. The study therefore, recommends that small and medium scale enterprises owners should seek and maintain sufficient funds at a lower interest rate for the smooth operation of their businesses.