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board characteristics and the likelihood of financial statement fraud

dc.contributor.authorSubair, Muhammed Lawal
dc.contributor.authorSalman, Ramat Titilayo
dc.contributor.authorAbolarin, Ayodeji Fatai
dc.contributor.authorAbdullahi, Abdularasheed Taiwo
dc.date.accessioned2022-11-22T10:52:29Z
dc.date.available2022-11-22T10:52:29Z
dc.date.issued2020-06
dc.identifier.issn2300-3065
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/7961
dc.description.abstractThe study examines the effect of board characteristics on financial statement fraud likelihood of quoted manufacturing firms in Nigeria. The scope of the study covers board attributes such as board independence, board expertise and board diligence; and the beneish M-score was used as the measure of fraud likelihood. This study utilized a quantitative research design. The sample covered 39 manufacturing companies in the Nigerian Stock Exchange (NSE) as at 2019. Secondary data was utilized for this study and the data were extracted from the annual reports of corporate organizations for the period 2013-2019 financial years. The binary logit regression was employed as the method of data analysis in the study. The findings reveal that the odd ratio of board independence, board expertise and board diligence negatively and significantly reduce the log odds of financial statement fraud in manufacturing firms in Nigeria. The study concludes that there is a need for boards to be more effective in their monitoring roles to reduce the occurrence of fraud.en_US
dc.language.isoenen_US
dc.publisherNicolaus Copernicus University, Torun, Poland.en_US
dc.subjectboard independenceen_US
dc.subjectexpertiseen_US
dc.subjectdiligenceen_US
dc.subjectfinancial frauden_US
dc.subjectlikelihooden_US
dc.titleboard characteristics and the likelihood of financial statement frauden_US
dc.typeArticleen_US


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