Browsing by Author "Sanni, M."
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Item Impact of environmental accounting disclosure practices on financial reporting and performance of selected commercial banks in Nigeria(Advances in Management. Published by the Department of Business Administration, University of Ilorin, Nigeria, 2013) Yahaya, K. A.; Sanni, M.; Omede, I. I.; Oni, M. OIn recent years, the adverse environmental effects on economic development have been a matter of great concem all over the world. This study investigates the extent of environmental disclosure by selected commercial banks in Nigeria. This study examines the association between company specific attributes and environmental disclosure of the sample companies. Content analysis approach using both weighted disclosure index and un-weighted disclosure index was used in analyzing the annual reports in order to measure the volume of environmental information disclosure. The study reveals that on an average sample companies disclosed 21.43% of the expected information in their annual reports and environmental disclosure volume and total asset of the companies are significantly correlated. The study opined that commercial banks in Nigeria are disclosing very inadequate environmental information impact of Environmental Accounting Disclosure Practices on Financial Report in their annual reports. Consequently, the study concludes that lack of environmental reporting and disclosure standards significantly affects the reporting and disclosure uniformity of environmental related information in financial statements, annual reports and accounts of commercial banks in Nigeria. Based on these findings, the study among others recommends that environmental accounting standards should be published locally and intemationally and reviewed cc ant.-al/y to ensure dynamism compliance and meets environmental situational needs.Item Impact of Monetary Policy on Bank Credit in Nigeria(Accounting Department Economics and Business Faculty Syiah Kuala University, Kopelma Darussalam, Banda Aceh Indonesia., 2020) Ademokoya, A.A.; Sanni, M.; Oke, L.A.; Abogun, SegunObjective – The aim of this study is to examine the impact of monetary policy on credit creation ability of banks in Nigeria. Specifically, it investigates the impact of monetary policy rate, money supply, liquidity ratio, and change in maximum lending rate on bank credit in Nigeria. Design/methodology – A monthly time series data from 2007-2019 were sourced from statistical bulletin of the Central Bank of Nigeria. The sourced data was subjected to multiple regression analysis using the fully modified ordinary least square regression to estimate the parameters of the model. Results – Findings reveal that money supply significantly and positively influence bank credit in Nigeria; while liquidity ratio significantly but negatively influence bank credit in Ni-geria. On the contrary, monetary policy rate and maximum lending rate were found not to sig-nificantly affect bank credit in the case of Nigeria. Policy Recommendation - Study therefore, recommend that monetary authorities espe-cially, the Central Bank of Nigeria should pay more attention to lowering the liquidity ratio while increasing money supply in order to engender banks credit creation ability and further stimulate the Nigerian economy for growth.