International Journal of Trend in Scientific Research and Development: Accounting and Finance

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Showing posts with label Accounting and Finance. Show all posts
Showing posts with label Accounting and Finance. Show all posts

Friday 15 October 2021

Profitability and Timeliness of Financial Reports in Nigerian Quoted Companies

October 15, 2021 0
Profitability and Timeliness of Financial Reports in Nigerian Quoted Companies
This study examined the relationship between profitability and timeliness of financial reports in Nigerian quoted companies. Ex Post Facto research design was adopted for the study. The population is all the 145 quoted companies in Nigeria. The sample size was determined using Taro Yamane method. Data were sourced from the content analysis of annual reports and accounts of the selected quoted Nigerian companies for eleven years from the year 2010 to 2019. The panel data regression technique was used to estimate the relationship between the variables with aid of e view 9.0 software. The outcome of the study revealed that there is a significant relationship between profitability and timeliness of financial reports in Nigerian quoted companies at 5 level of significance. The study therefore, recommended Since lower profitability most especially losses poses high risk including liquidation risk. Auditors should take more time in their audit to avoiding future litigations more especially the firms with bad news. 
by Aigienohuwa, Osarenren O | Uniamikogbo, Emmanual "Profitability and Timeliness of Financial Reports in Nigerian Quoted Companies" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Thursday 7 October 2021

Cash Flow Activities and Stock Returns Evidence from Nigerian Consumer Goods Firms

October 07, 2021 0
Cash Flow Activities and Stock Returns Evidence from Nigerian Consumer Goods Firms
Proponents believe that increase in cash flows could potentially increase the stock returns of consumer goods firms quoted in Nigeria Stock Exchange while opponents argue and equally criticize that fact. Hence, this study examined the effects of cash flow on stock returns of consumer goods firms for a period of 2010 2019. The study was anchored on agency theory. Panel data were gotten from the Nigerian Stock Exchange NSE and the data collected were analyzed using multiple regression analysis. The findings revealed Cash flows from operating activities has no significant effect on stock returns of consumer goods firms in Nigeria, cash flow from investing activities does not have significant effect on the stock returns of consumer goods firms in Nigeria, Cash flows from financing activities has no significant effect on stock returns of consumer goods firms in Nigeria, Free cash flow has positive and significant effect on stock returns of consumer goods firms in Nigeria. On the basis of the findings of the study, it was recommended among others that there is need for consumer goods industry to improve on their operating cash flow by making money available for this purpose for the general benefit of the economy. The management should embark on effective intermediation drive which will provide deep source of fund for this industry. Government should adopt a viable policy that will enable this industry to expand their scope of business and firm size of this industry should be improved. The study also revealed that if free cash flow will be well managed, it will affect the stock returns policy of a firm positively. 
by Ojimba, Francisca | Okegbe, T. O. | Ifurueze, M. S. "Cash Flow Activities and Stock Returns: Evidence from Nigerian Consumer Goods Firms" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Saturday 2 October 2021

Government Expenditure on Defence and Internal Security A Prerequisite for Achieving Sustainable Economic Growth and Development. 1994 2020

October 02, 2021 0
Government Expenditure on Defence and Internal Security A Prerequisite for Achieving Sustainable Economic Growth and Development. 1994 2020
Government expenditure on defence and internal security has been on the increase in the last few decades making it vital to look at its effect on the growth and development of the economy. The study examined the Government expenditure on defence and internal security a prerequisite for achieving sustainable economic growth and development in Nigeria. The study used time series data, from 1994 2020. The issue of security has become a serious threat to sustainable development in any economy and it has become a great concern in view of its escalating trend. The objective of the study is to determine the effect of government expenditure on defence and internal security on economic growth and development in Nigeria. The data employed were sourced from Central Bank of Nigeria publications and World Bank World Development Indicators WDI . The study was anchored on progressive theory of public expenditure. The dependent variables for the study are economic growth proxy by real gross domestic product RGDP and economic development proxy by Human development index HDI while the independent variables are recurrent government expenditure on defence and internal security. The data were analyzed using Vector Autoregressive Estimates VAR to ascertain the effect of government recurrent expenditure on defence and internal security on economic growth and development at 0.05 level of significance. The findings revealed that the impact of government recurrent expenditure on defence and internal security on RGDP and HDI is insignificant within the period under review. Therefore, the study recommends that government should invest more on defence and security and also design a device to ensure all the expenditures on Security and defence are considered guardedly as to consolidate on the gains realized so far. 
by Okeke Ijeoma Chinwe | Chukwu, Kenechukwu Origin | Ogbonnaya-Udo, Nneka "Government Expenditure on Defence and Internal Security: A Prerequisite for Achieving Sustainable Economic Growth and Development. 1994-2020" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Friday 1 October 2021

Fund Mobilization and Sustainable Economic Growth the Nigerian's Experience

October 01, 2021 0
Fund Mobilization and Sustainable Economic Growth the Nigerian's Experience

This study examined the extent of relationship that exists between fund mobilization and economic growth in Nigeria from 1990 to 2019 using secondary data obtained from published works and CBN Statistical Bulletin. Bank Deposit BDEP , Gross Domestic Savings GDS and Gross Domestic Investments GDI were used to proxy fund mobilization, while Gross Domestic Product GDP , Per Capital Income PCI and Employment Rate EMR were also used to proxy Economic growth. The formulated hypotheses were regressed using Ordinary Least Square method. The result revealed that fund mobilization has significant relationship on GDP, but insignificant relationship on PCI and EMR. That means that fund mobilization increased the National Wealth GDP , without having any significant increase on people's standard of living PCI and EMR . Based on that result, attainment of a sustainable economic growth is a mere dream. The study advocates for citizenship advancement policy that will create more jobs which will enhance the standard of living of the populace. Again public goods and Education investment programs that can give the citizens equal opportunity to self development can serve as a bailout. 

by Amakor, Ifeoma Chinelo | Eneh, Onyinye Maria-Regina "Fund Mobilization and Sustainable Economic Growth; the Nigerian's Experience" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd47568.pdf 

Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47568/fund-mobilization-and-sustainable-economic-growth-the-nigerian's-experience/amakor-ifeoma-chinelo

callforpapertechnology, technologyjournal 

Sunday 26 September 2021

Characteristics of Audit in Construction Organizations

September 26, 2021 0
Characteristics of Audit in Construction Organizations
Today, the development of accounting and auditing in Uzbekistan creates an urgent need to analyze it in some segments of the local economy. Improving international auditing and increasing the size of the construction sector requires the constant participation of not only government agencies, but also specialized organizations in shaping the overall legal framework for auditing. The relevance of this article is that the audit of all construction organizations is being reformed at a high rate. This factor stems from the changing objective criteria for the implementation of construction, including the active integration mechanism for solving problems of a global nature, its spread to countries with modern economies and international associations, using innovative technologies. and increasing the performance of international auditing standards. Thus, it can be said that our country needs a modern approach to the essence of the function of accounting and financial management and its main element audit. At the present stage, both domestic and international construction companies are developing very rapidly. There is a significant increase in investment in the construction sector, which encourages the reorganization and reconstruction of various types of facilities. Then the criteria for the quality of accounting financial reports, their reliability and audit activity will be strengthened. 
by Tulovov Erkinjon To'lqin O'g'li "Characteristics of Audit in Construction Organizations" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Friday 24 September 2021

Green Accounting in India

September 24, 2021 0
Green Accounting in India
Green accounting is a new system in accounting that records the costs and benefits provided by the ecosystem for a business concern. Green accounting or environmental accounting is a new challenge of accounting system. Environmental resources are invaluable natural resources of a county like India there is an urgent need to maintain accounts of such resources. Economic development without environmental considerations brings about environmental crises and damages the quality of everyday life. Environmental issues have motivated the development of a distinctive branch of accounting called, “Green accounting''. Implementing Green accounting is one of the key areas of corporate social responsibility today. In their business activities, companies incorporate the concept of the environmental element. This paper presents a simple framework regarding green accounting. The present paper aims to study the objectives, benefits as well as limitations of green accounting. The paper also provides insights regarding green accounting in India. 
by Dr. Sumit Trivedi "Green Accounting in India" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Thursday 23 September 2021

Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria

September 23, 2021 0
Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria
The study examined the effect of corporate social responsibility reporting on financial performance of Oil and Gas companies in Nigeria. Ex post facto research design and content analysis were adapted. A sample of ten oil and gas companies was selected for the study. The hypothesis was tested using linear regression analysis with the aid of E view 9.0. The study revealed that return on capital employed has insignificant effect on corporate social responsibility of Oil and Gas companies in Nigeria. The study recommended that the external users of corporate social responsibility reports such as the shareholders, local communities, employees and other stakeholders should device appropriate channels by which their demands for such reporting can be adequately pressed upon. 
by Ezekwesili, Tochukwu P. | Emeneka, Ogochukwu L "Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Wednesday 22 September 2021

Firm Characteristics and Financial Performance Evidence from Quoted Manufacturing Firms in Nigeria

September 22, 2021 0
Firm Characteristics and Financial Performance Evidence from Quoted Manufacturing Firms in Nigeria
This study ascertained the relationship between Firm Characteristics and Financial Performance with a focus on quoted manufacturing firms in Nigeria. The specific objectives are to ascertain the relationship between Leverage, Board Size, and Tobin's Q of quoted manufacturing firms in Nigeria from 2010 2019. This study employed the use of Panel Data and Ex post facto research design. Secondary data were sourced from the publications of Nigeria Stock Exchange NSE and annual reports and accounts of the sampled firms. The data analyses were done through descriptive and inferential statistics. Descriptive statistics was done using trend analysis and multiple comparison of mean standard deviation of variables. Multivariate linear regression analysis via E Views 9.0 statistical software was used to test the hypotheses. The findings of this study are inter alia leverage and board size has significant negative relationship with Tobin's Q at 5 level of significance. It was recommended amongst others that firms need to use proportionate debt financing in relation to total capital financing in order to reverse the inverse relationship between leverage and Tobin's Q. Therefore, firms need to use debt financing up to a point where any extra debt financing reduces net cost to the firm. 
by Okafor, Tochukwu G. | Ossai, Eke Celestine "Firm Characteristics and Financial Performance: Evidence from Quoted Manufacturing Firms in Nigeria" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Saturday 18 September 2021

Financial Leverage and Shareholders Wealth Creation of Quoted Industrial Goods Firms in Nigeria

September 18, 2021 0
Financial Leverage and Shareholders Wealth Creation of Quoted Industrial Goods Firms in Nigeria
This study ascertain the relationship between financial leverage and shareholders wealth creation of quoted industrial goods firms in Nigeria for a period of thirteen years spanning from 2008 2020. Specifically, this study ascertained the relationship between debt to equity ratio and cash value added. Ex Post Facto research design was employed. The Panel data sets used in this study were obtained from the annual reports and accounts of thirteen 13 quoted industrial goods firms. Descriptive statistics of the dataset from the sampled industrial goods firms was employed to describe using the mean, standard deviation, minimum and maximum values of the data for the study variables. Panel Least Square PLS regression analysis and Hausman test were applied to test the hypothesis of the study. The specific findings showed that there is a significant and positive relationship between Debt to Equity Ratio and Cash Value p value = 0.0003 0.05 . The study recommended inter alia that bankers and debt providers should help industrial goods firms by charging lower cost of debt. The lower cost of debt financing helps to bring down the required rate of return on the capital project being financed, thus, improving its profit margins. 
by Omabu, Stanley Ebuka | Okoye, Pius V. C. | Amahalu, Nestor N. "Financial Leverage and Shareholders Wealth Creation of Quoted Industrial Goods Firms in Nigeria" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Friday 17 September 2021

Improving the Conceptual Framework for Liability Accounting During the Transition to IFRS

September 17, 2021 0
Improving the Conceptual Framework for Liability Accounting During the Transition to IFRS
The article discusses the concept of “Liability” in the transition to IFRS and the theoretical aspects of accounting for liabilities in economic entities in accordance with NAS and IFRS, as well as offers on the dryness of accounting for liabilities in Uzbekistan in accordance with NAS and IFRS A. 
by A. Amirov "Improving the Conceptual Framework for Liability Accounting During the Transition to IFRS" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Sunday 12 September 2021

Influence of Short Term Financing on Profitability of Supermarkets in Central Business District Nairobi City Kenya

September 12, 2021 0
Influence of Short Term Financing on Profitability of Supermarkets in Central Business District Nairobi City Kenya
The study the examined influence of short term financing on profitability of supermarkets in central business district Nairobi city Kenya. The theoretic appraisal that guided this study was the Cash Conversion Cycle hypothesis. The investigation used descriptive research design. Targetpopulationwas36 outlet managers and bookkeepers of 18 super market outlets in central business district Nairobi city. The study used census methodology. Primary statistics was gathered utilizing questionnaires and secondary statistics was extricated from fiscal reports. Data was analyzed using descriptive statistics like frequencies, percentages, means and standard deviation and data was advance inform of figures, tables and charts. Inferential statistics was prepared using Pearson correlation coefficient and multiple regression in order to inaugurate the relations between short term financing and profitability. The study found that bank overdraft is utilized as a source for short term financing, working capital loans are used to finance daily operations and trade credit as the main source for operating capital in the supermarkets. The results revealed a positive and significant relationship between short term financing and profitability of supermarkets in central business district Nairobi city. The study concluded that short term financing had a significant positive effect on profitability of supermarkets in central business district Nairobi city. Study recommended that supermarkets management should utilize additional trade credit, bank overdraft and working capital loans that will guarantee an expansion in profitability and without endangering the supermarkets to risks related with short term financing. Further recommended that to develop the profitability of the supermarkets the management should focus on factoring, accounts receivable funding, hedging policy as source of short term financing and reducing the cash conversion cycle. Finally the government should offer financial support through credit guarantee schemes and capital grant. 
by Stephen Kimani Kiarie | Dr. Clement O. Olando "Influence of Short Term Financing on Profitability of Supermarkets in Central Business District Nairobi City Kenya" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Tuesday 7 September 2021

Problems in the System of Public Financial Control and Directions for Their Solution

September 07, 2021 0
Problems in the System of Public Financial Control and Directions for Their Solution
This article clarifies the concepts of financial control and public financial control. The article also analyzes national and foreign experience in the organization of public financial control. Based on the analysis, problems in the system of public financial control were identified and proposals for their elimination were developed. 
by Abidov Mansur Ilhomjonovich "Problems in the System of Public Financial Control and Directions for Their Solution" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Saturday 4 September 2021

Altman Bankruptcy Prediction Model and Corporate Governance An Empirical Study of Nigerian Banks

September 04, 2021 0
Altman Bankruptcy Prediction Model and Corporate Governance An Empirical Study of Nigerian Banks
The implications of the Altman bankruptcy prediction model on deposit money banks corporate governance in Nigeria are the subject of this research. The majority of these studies were undertaken in both Nigeria and other nations, and just a few of the Nigerian studies conducted their research in corporate firms other than the banking sector, and only a few of these banking sector studies ended in 2013. Furthermore, there is a scarcity of research on bankruptcy and corporate governance in Nigeria. Meanwhile, considering the dynamic nature of Nigerian deposit money banks, all previous research relate to a specific time span. As a result, the impact of the Altman bankruptcy prediction model on the corporate governance of Nigerian deposit money institutions was investigated in this study. The study aims to determine the impact of the Altman bankruptcy forecasting model on board independence in Nigerian deposit money banks, as well as if the model has an impact on board size in Nigerian deposit money banks. It was decided to use an ex post facto study design. From a population of 22 banks in Nigeria, a sample size of 9 deposit money banks was chosen. Data was gathered from the sampled banks annual reports and accounts for the years 2009 to 2019. With the help of E View 9.0, the study used regression analysis to examine the hypotheses. The Altman bankruptcy forecasting model has a beneficial influence on board independence however this effect is not significantly significant on deposit money institutions in Nigeria, according to the data reviewed. It was also discovered that while the Altman bankruptcy predicting model has a positive effect on board size, this effect is not statistically significant in Nigerian deposit money banks. 
by Ezejiofor, Raymond A | Okerekeoti, Chinedu U "Altman Bankruptcy Prediction Model and Corporate Governance: An Empirical Study of Nigerian Banks" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Monday 30 August 2021

A Study on Ratio Analysis

August 30, 2021 0
A Study on Ratio Analysis

The project report to “A study on ratio analysis at BHARATHI CEMENT CORPORATION PVT LTD-. The main objective of the study is to analyze the financial position of the company. It is the process of identifying the financial strength and weaknesses of the firm properly establishing a relationship between the item of balance sheet and profit and loss account. The details regarding the history and finance details were collected through discussion with the company officers. Secondary data are based on the annual reports of 2015 16 to 2019 20. The various tools used for the study are ratio analysis, funds flow statement, and cash flow statement. Charts and tables are used for better understanding. Through ratio analysis, the company could be able to assess the Profitability, Liquidity, Leverage, Turnover positions of the company. 

by R. Krupakar | Dr. P Basaiah "A Study on Ratio Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd45106.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45106/a-study-on-ratio-analysis/r-krupakar


internationaljournalsinengineering, callforpaperengineering, ugcapprovedengineeringjournal 

Thursday 26 August 2021

Cryptocurrency Myths and Realities in India

August 26, 2021 0
Cryptocurrency Myths and Realities in India

Cryptocurrency is a virtual currency, and it is defined as a medium of exchange that employs cryptographic protocols to ensure the safety and authenticity of transactions. Such virtual money works on the concept of the underlying technology, Blockchain, that is not regulated by any authority, and this is the reason why cryptocurrencies and their transactions are completely secured. But sadly, the concept of Cryptocurrency is still in its infancy and is generally misunderstood, contributing to the circulation of several misconceptions revolving around it. In India, the RBI Reserve Bank of India , has understood cryptocurrency as a form of digital virtual currency generated through a series of written computer codes that rely on cryptography which is an encryption and is thus independent of any central issuing authority. It is facilitated through blockchain technology and has emerged as a person to person issuance and transaction system that uses private and public keys to enable authentication and encryption for secure transactions. Witnessing the massive popularity of the crypto market, its usage within a year of its usage, and potential revenue loss to the Government of India, the regulators and authorities began to take notice and as a consequence, the Reserve Bank of India RBI issued a press release, cautioning the public against dealing in virtual currencies including Bitcoin and has opened the door for Cryptocurrency in 2020. Cryptocurrencies has turned out a hot commodity among individual and institutional investors. Despite existing for over a decade, in the recent times, there remains a lot many misinformation and myths over digital currencies. Here, the study takes a look and sheds some light over some common myths that persist in the market 

by Dr. R. Vennila "Cryptocurrency: Myths and Realities in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd45067.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45067/cryptocurrency-myths-and-realities-in-india/dr-r-vennila


internationaljournalsofcomputerscience, callforpapercomputerscience, ugcapprovedjournalsforcomputerscience

Wednesday 25 August 2021

Green Accounting and Firm Performance in Nigeria

August 25, 2021 0
Green Accounting and Firm Performance in Nigeria

This study examines the impact of green accounting on firm performance in Nigeria. TobinQ was use to measure the firm value. The study selected 72 manufacturing firms listed on the Nigerian Stock Exchange that disclosed green accounting information in line with GRI 4. Ex post facto research design was used and secondary data were collected from annual report of sampled firms from 2012 2019. The data were analyzed with descriptive statistics and correlation analysis while pooled ordinary least squared regression was employed to test formulated hypotheses. From the analysis it was discovered that material and energy disclosure have positive and significant effect on firm performance. Based on these findings, the study recommends that company’s should develop policy concerning materials used to produce and package company’s primary product and services during the reporting period and firms should also make their operation more sustainable by reporting on their energy consumption and energy efficiency policy being aware of it’s in becoming accountable and responsible. 

Okoli Pamela. C | Onuora J. K. J | Emeka- Nwokeji, N. A "Green Accounting and Firm Performance in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd45057.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45057/green-accounting-and-firm-performance-in-nigeria/okoli-pamela-c


callforpaperpapersinjournals, specialissuepublication, multidisciplinaryjournal

Thursday 19 August 2021

Summary of Research on Financial Governance Theory

August 19, 2021 0
Summary of Research on Financial Governance Theory

Since the theory of financial governance came into being in my country’s academic circles, scholars have systematically studied financial governance in terms of the connotation, system, subject, and object of financial governance on the basis of foreign research and based on my country’s financial practice. A relatively complete theory of financial governance. But in general, due to the short research time, the research perspective is not comprehensive enough, and the research needs to be further enriched and developed. 

by Zhang Yue "Summary of Research on Financial Governance Theory" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd44982.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44982/summary-of-research-on-financial-governance-theory/zhang-yue


callforpapermathematics, mathematicsjournal, ugcapprovedjournalsinmathemetics

Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria An Empirical Study

August 19, 2021 0
Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria An Empirical Study

Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision. 

by Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd44977.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram


callforpaperbiologicalscience, biologicalsciencejournal

Wednesday 18 August 2021

A Study on Inventory Management

August 18, 2021 0
A Study on Inventory Management

Inventory management system which is helpful for the business operators, where shopkeeper keep the records of purchase and sales. This inventory management system will have the ability to track sales and available inventory, tells a shopkeeper when its time to reorder and how much to purchase. 

by K Ravi Sai | Dr. P. Jaya Rami Reddy "A Study on Inventory Management" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd44968.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44968/a-study-on-inventory-management/k-ravi-sai


internationaljournalofmanagement, callforpapermanagement, managementjournal 

Saturday 14 August 2021

Effect of Corporate Governance on Profitability of Quoted Manufacturing Companies in Nigeria

August 14, 2021 0
Effect of Corporate Governance on Profitability of Quoted Manufacturing Companies in Nigeria

The study determined the extent corporate governance affect profitability of quoted manufacturing companies in Nigeria using board size, board independence, directors’ shares and profit margin of quoted manufacturing companies in Nigeria. Only secondary data was used for the successful execution of this research work. Three hypotheses were formulated for this study while data extracted through the financial statement was tested with the Regression statistical tool using the E view 9. The outcome of the analyses carried out showed that board size has negative but significant effect on net profit margin of manufacturing companies quoted on the Nigeria Stock Exchange. It is therefore recommended that board size should be relative to the firm’s business need, scope and complexity. Since no two firms are exactly alike in all ramifications, it is important that an appropriate size be understood to be a function of each firm’s circumstances. Setting arbitrary board size benchmarks will therefore be counterproductive. 

Okoye, Pius V. C. | Ugwu, Scholastica C. "Effect of Corporate Governance on Profitability of Quoted Manufacturing Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd44953.pdf 

Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44953/effect-of-corporate-governance-on-profitability-of-quoted-manufacturing-companies-in-nigeria/okoye-pius-v-c


internationaljournalofmanagement, callforpapermanagement, managementjournal 

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