Browsing by Author "YUNUS AbdulrasheedBolaji"

Now showing 1 - 5 of 5
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    BOARD GENDER DIVERSITY AND ACCOUNTING CONSERVATISM IN NIGERIA QUOTED DEPOSIT MONEY BANKS
    (Ilorin Journal of Management Sciences, 2020) YUNUS AbdulrasheedBolaji; Temitope Olamide FAGBEMI
    The increasing business crises have been attributed to failures of moral leadership asmany corporations engage in unethical practices to cover poor performance.However,the inclusion of more women in corporate boards is expected to induce moreconservative reporting because women have been known to display a stronger ethicaldisposition. Therefore, this study examines board gender diversity and accountingconservatism in Nigerian Deposit Money Banks using the stakeholder's theory. Panelregression (fixed effect) technique was employed to test the hypothesis of the study for a7-year period ranging from 2012 to 2018 using14 out of 15 quoted. The results show thatdiversity of the board's gender is not significantly linked to Nigeria's accountingconservatism of listed DMBs. This implies that increase in female representation in the inthe board of listed DMBs in Nigeria would not affect accounting conservatism. It isrecommended that the appointment to the board should be on merit and not on genderwhile the big banks should adopt more conservative reporting to avoid litigation.
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    EFFECT OF BANK’S CREDIT ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
    (Ilorin Journal of Human Resource Management (IJHRM) Vol.3, No.2, 2019, 2019) YUNUS AbdulrasheedBolaji; LAWAL, Rodiat Yetunde; MANGS, Niri Job; Abdulrafiu, Daud
    Small and Medium Scale Enterprises (SMEs) performance is largely connected with availability of banks’ credit as this enhances investment, thereby contributing to the overall development of the economy. Specifically, the study evaluated the relationship between Deposit Money Banks’ (DMBs) credit variables such as banking sector credit, lending rate and savings and time deposit on performance of the SMEs. The study’s population was the SMEs in Nigeria. The study employed secondary data obtained from the Central Bank of Nigeria’s Statistical Bulletins for a period of twenty-five years (1992-2016). The data obtained were subjected to fully modified least square regression analysis. Findings reveal that banking sector credit and savings and time deposits with DMBs have a positive and significant effect on SMEs performance at 5% significance level (with pv of 0.0006 and 0.0459, respectively). However, lending rate has a negative and significant relationship with SMEs performance at 5% significant levels (0.0351). Based on the findings, the study concluded that DMBs credits have significant effect on SMEs performance in Nigeria. Therefore, DMBs should keep interest rate at its minimum as this will enhance the provision of adequate finance to expand SMEs operation which will thus have a significant effect on the performance of this sector.
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    EFFECT OF INTERNAL SYSTEM ON EMPLOYEE FRAUD IN MANUFACTURING COMPANIES IN ILORIN METROPOLIS
    (Al - Hikman International Journal of Finance, 2021) YUNUS AbdulrasheedBolaji; DAUDAAbdulrafiu; OLAOYE Clement Olatunji; HASSANAbdul Olalekan; USMANKazeemAdebayo
    Fraud prevention has become an issue that some manufacturing companies find themselves faced with. Internal control is the tool which companies hope to adopt in combating employee fraud. The main objective of this study was to examine the impact of internal control system on employee fraud in manufacturing companies in Ilorin Metropolis. The ordered logit regression method was adopted in testing the viability of the hypotheses put forward. It was concluded that internal control has an impact on fraud prevention. Findings from the study showed that human resource policies, managerial accountability and management overridle of control all have a positive effect on fraud prevention in manufacturing companies in Ilorin Metropolis. It was recommended that the human resource (HR) department should follow due process when hiring, promoting and compensating staff and that internal control guideline should be based on principles instead of laws.
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    INANCIAL LITERACY AND GAMBLING BEHAVIOUR IN NIGERIA
    (Ilorin Journal of Accounting, 2020) YUNUS AbdulrasheedBolaji; Biliqees A. ABDULMUMIN; Temitayo O.OLANIYAN; Ramat T.SALMAN
    The study investigates the influence of financial literacy on gambling behaviour among the Nigerian populace. Easy access to gambling outlets and an increase in the number of online gambling sites have caused gambling among the Nigerian population to rise significantly. We assume that it is less likely that financially literate individuals who use their knowledge to make sound financial and investment decisions will gamble. The study adopts the survey research design and employed a sample of 1448 respondents whose responses were obtained through questionnaire. The finding from the Probit regression model shows that the relationship between financial literacy and gambling frequency is significantly negative. We, therefore, recommend the need to promote financial literacy within the community, both at the school level and for adults. This will help gamblers to understand the financial risks they are exposed to and the options available to them. Financial institutions should establish appropriate processes for the disclosure of gambling problems and strategies to detect potentially risky transactions. The behavioural finance theorists identified the role of banks regarding how customers use their money such that banks may compensate for bias in decision-making, which is fundamental to problem gambling behaviour.
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    RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND CREATIVE ACCOUNTING PRACTICES OF NIGERIAN BANKS
    (Ilorin Journal of Accounting, 2017) YUNUS AbdulrasheedBolaji; 'OLANIYI, Taiwo A; JIMOH, Toyeeha O
    Corporate collapse in the Nigerian banking sector and the associated crisis of confidenceportends an agonizing danger for the growth of other sectorsas these banks employdifferent creative accounting methods with a view to surmounting the intensecompetition, reduce cost and lessen the burden of global economic meltdown. Literaturereveals that efforts geared towards performance enhancement/cost control are notunconnected with corporate governance breakdown; as such, this study evaluates therelationship between corporate governance CG (Internal control system/ ICS; auditcommittee experience/ ACE; board independence/BDI; external auditorsindependence/EXI) and creative accounting (CA) practices in Nigerian banks. Secondarydata were obtained from audited financial reports of all the 15 quoted commercial bankson the Nigeria Stock Exchange (NSE) between 2008 to 2014 and were analysed usingpanel regression technique while error Composite Model estimation technique (Hausmanspecification test) lend credence to the supremacy of Random Effect Model (REM) overFixed Effect Model (FEM) for interpretation purpose. The study finds that ICS and ACEhave negative/inverse relationship(cotf=-03645&-0.2956 respectively) with CA whileBDI and EXI have positive relationship(coeff=0.5789 & 2.8976 respectively) with CA.The study concludes that CG has statistically significant relationship with CA: F-stat(9.0323) and prob(F-stat) 0.0000 at 5% significance level and recommends featuring ofmore non-executive directors with less substantial portion of shares than the executiveones while ICS and ACE should adequately addressed to enlist compliance with good CGpractices and eradicate CA practices. This will enhance bank performance, reduceconfidence crisis and improve Nigeria's economic growth.