THE EFFECT OF FOREIGN INVESTMENT INFLOW ON ECONOMIC PERFORMANCE OF NIGERIA (THE MILITARY EXPEREINCE)
Okafor, Pascal Chinekwu and Prof. Mike Anyanwaokoro
Abstract: FDI (Foreign Direct Investment) involves acquiring management control over some form of business enterprises in another country, meaning that it is not just investing in host country but further holding large control of such investments. These enterprises could be in form of subsidiaries, branch plant, joint venture and/ or a subsidiary headquarters with a number of branch plants in some or a number of host countries. This study seeks to explore The Effect of Foreign Investment Inflow on Economic Performance of Nigeria (The Military Experience). The following objectives were state; the impact of foreign direct investment and foreign portfolio investment on economic growth and the effect of foreign direct investment and foreign portfolio investment on exchange rate. This study adopts the ex-post facto design. Annual time series data for 17years for the period during the military rule in Nigeria. Data were sourced from the central bank of Nigeria (CBN) statistical Bulletin.
MEASURING THE CASUAL RELATIONSHIP EXISTING BETWEEN INSURANCE BUSINESS AND ECONOMIC GROWTH IN NIGERIA, 1981-2016
Ani, Afamefuna Jonah and Ezema Clifford Anene
Abstract: The study examined the impact of insurance business to economic growth of Nigeria. The objective of this study is to: ascertain the impact of total insurance premium on the gross domestic product in Nigeria, while the specific objectives are to, determine the extent to which total insurance investment impact on the gross domestic product in Nigeria, examine the relationship existing between total insurance claims and economic growth in Nigeria, to measure the long run relationship existing between insurance business and gross domestic product, determine the causal relationship existing between insurance business and economic growth. The study employed the Auto regressive Distributed lag model. From 2002 to 2016
EFFECT OF GOVERNMENT BUDGET ON ECONOMIC GROWTH IN NIGERIA
Emejulu, Emeka Callistus, Onyekwelu, Uche Lucy, Ph.D. and Aandoakaa, Kwaghfan
Abstract: This study assessed government expenditure in Nigeria and its effect on economic growth; 2004 to 2016. The broad objective was to examine the effect of government expenditure on economic growth in Nigeria. In the study, the ex-post facto research design was adopted. The data employed in the research were sourced from the Statistical bulletin of Central Bank of Nigeria. The study adopted the SPSS version 20 for analysis and employed linear progression [ANOVA] technique, coefficient of determination and coefficient of correlation, where Y1; Economic growth ; proxied by GDP and Annual Transfers, is the dependent variable and responsive to the independent variable X1; Government Expenditure, denoted by Recurrent and Capital expenditures. The result of the findings reveal that recurrent expenditure has no significant effect on economic growth in Nigeria, while transfers have significant effect on economic growth in Nigeria.
UTILIZATION OF MICROSOFT EXCEL AND PEER TUTORING IN TEACHING ACCOUNTING FOR THE ACQUISITION OF VOCATIONAL SKILLS AMONG BUSINESS EDUCATION STUDENTS OF COLLEGES OF EDUCATION IN CROSS RIVER STATE, NIGERIA
Atah Cletus Akpo, UKah Timothy Andah and Crossdale Ovwido Josephine
Abstract: The main purpose of this study was to examine Utilization of Microsoft Excel and Peer Tutoring in teaching accounting and acquisition of vocational skills among Business Education Students of Colleges of Education in Cross River State, Nigeria. To achieve the purpose of the study, two research questions were formulated and two null hypotheses were raised to guide the study. A sample of the study was one hundred and seventy-three (173) business education students. This was achieved through the census technique since the population of the study was small and could be properly managed by the researchers. The instrument for the study was researchers made four points rating scale Questionnaire title “Utilization of Microsoft Excel and Peer tutoring in teaching accounting and acquisition of Vocational Skills” (UMEPTTAAVS)’ was used for data collection.
ACCOUNTING INFORMATION AND FUNDS MANAGEMENT IN SELECTED SMALL AND MEDIUM ENTERPRISES IN ANAMBRA STATE, NIGERIA
Nwankwo Arinze Henry, Nwankwo Augustine Okorafor, Okolo Chidinma Lilian and Onwubiko, Chibunna Onyebuchi
Abstract: This study critically examined whether accounting information has effect on funds management of SMEs. The Survey research design was used and data were sourced from primary and secondary sources. Structured questionnaire was administered on 348 directors, top management and accounting staff of SMEs in different lines of businesses in Anambra State. The Ordinal simple regression in SPSS version 20 was used to test stated hypotheses. The findings of the study were that accounting information has significant effect on SMEs financial planning and also play significant role on assets management. The study concluded that comprehensive accounting information is most helpful means to an end, which taken together with other functional capabilities, will lead to more effective and efficient fund management of SMEs. Based on these findings; the study recommended among others, that SMEs should adopt International Financial Reporting Standards for SMEs (IFRS for SMEs) in their reporting for comprehensive accounting information and easy funds management.
SUSTAINABILITY ACCOUNTING DISCLOSURE AND FINANCIAL PERFORMANCE AMONG LISTED NIGERIA OIL AND GAS COMPANIES
Ibida, Nneka Jane-Frances and Onuora, Joshua Kenechukwu Ph.D.
Abstract: The main objective of this study is to determine whether there is a relationship between sustainability accounting disclosure and financial performance of Nigerian firms. Specifically, the objectives of the study are; To ascertain the relationship between environmental protection accounting and return on equity of Nigerian oil and gas companies; to determine the relationship between corporate social responsibility and return on equity of Nigerian oil and gas companies and to ascertain the relationship between research and development accounting and return on equity of Nigerian oil and gas companies. Ex post facto research design and content analysis were employed for the study.
THE EFFECT OF CBN’S CASHLESS POLICY ON THE DEVELOPMENT OF FINANCIAL SECTOR IN NIGERIA
Obisesan, Oluwaseun Grace, Adeleke, Kareem Olalekan, Akosile, Mary Oluwayemisi and Ogunsanwo, Odunayo Femi
Abstract: The study examines service surroundings and marketing performance of telecommunication firms in Port Harcourt, Nigeria. An accessible population of 80 employees from the four telecommunication firms in Port Harcourt were used. A percentage of 90% of the questionnaire was successfully retrieved, where 71 copies were successfully completed, retrieved and collated ,using the spearman’s rank order correlation coefficient at a 0.05 level of significance with the use of statistical package for social sciences. In conclusion, service surrounding can be considered as a significant predictor of outcomes related to marketing performance. We therefore recommend that telecommunication firms in Port Harcourt should ensure that there is a quality ambience condition in and outside the work environment
EFFECT OF TAXATION ON INVESTMENT DECISION IN NIGERIA
Clement Olatunji Olaoye (Ph.D.) and Taiwo Cecilia Dada (M.Sc.)
Abstract: The study examined the impact of taxation on investment decision of quoted manufacturing firms in Nigeria. Specifically, the study determined effect of company income tax, education tax and withholding tax on corporate investment decision of quoted manufacturing firms Nigeria. Secondary data were collected from annual reports of sampled firms over a period of ten years (2007-2016) and were analyzed using correlation, panel data estimators such as pooled OLS estimator, fixed effect estimator, random effect estimator and unit roots. The findings revealed that company income tax has significant positive effect on investment decision of
quoted manufacturing firms in Nigeria showing in specific term a coefficient estimate of 4.363660 (p=0.0142 > 0.05), education tax exert significant negative impact on investment decision of quoted manufacturing firms in Nigeria, with specific coefficient estimate of -4.141903 (p=0.0053< 0.05), withholding tax exerts insignificant positive effect on on investment decision of quoted manufacturing
THE RELATIONSHIP BETWEEN ENVIRONMENTAL BOTTOM LINE DISCLOSURE AND SALES GROWTH OF INDUSTRIAL GOODS MANUFACTURING FIRMS
Ezuwore-Obodoekwe, Charity. Nkeiru and Emma Okoye (Prof)
Abstract: The study was to evaluate the relationship between environmental bottom line disclosure and sales growth of industrial goods manufacturing firms. The specific objectives were to; examine the effect of environmental pollution control on the sales growth of industrial goods firms in Nigeria. Determine the effect of environmental management on the sales growth of industrial goods manufacturing firms in Nigeria. The study used the survey approach. The primary sources were personal interview and the administration of questionnaire. Out of a population of 53,120. The sample size of 377 was chosen after applying the Freund and
William’s formula for the determination of adequate sample size. Out of the sample 364 returned the uestionnaire and accurately filled. That gave 97 percent response rate. The validity of the instrument was tested using content analysis and the result was good. The reliability was tested using the Pearson correlation coefficient (r). It gave a reliability co-efficient of 0.82 which was also good. Data was presented and analyzed. The hypotheses were analyzed using f-statistics (ANOVA) tool.