CHAPTER ONE INTRODUCTION 1.1 Background to the Study Earnings quality and the quality of financial reporting in general are subjects that have attracted much attention and are the centre of debate for investors, regulators as well as scholars in the recent years. This heightened attention to the subject of earnings quality is, in part, due to … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The nature and extent of relationship between capital structure and financial performance of firms have attracted attention in the literature of finance. Capital structure involves the decision about the combination of the various sources of funds a firm uses to finance its operations and capital investments. These sources … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Education is the bedrock of every existing community or nation; its relevance to development cannot be overemphasized.No nation can aspire to greatness without adopting education as an instrument for effecting national development. This is why there has been a lot of emphasis, particularly in recent times, on the … Read more
CHAPTER ONE INTRODUCITION 1.1 Background to the Study Small and Medium Enterprises (hence forth, SMEs) have significant role in the economic development of emerging economies Nigeria inclusive. With just a little investment, they are important contributors to the achievement of general business growth and employment in the economy. According to Kadiri (2012), SMEs in both … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Public companies typically have ownership divested from management (Mullins and Christy, 2013). The owners of the companies (called shareholders) vest their management of the firm in the hands of management team (called the Board of directors), with the expectation and understanding that the Directors will run the company … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Corporate financial report provides fundamental information to a wide range of groups; its main purpose is to provide information which is supposed to give a true and fair view of the management’s stewardship, company’s performance and financial position for the various users of the information to make informed … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Taxes are a fundamental revenue source for governments the world over. They represent a recognized compulsory contribution by individuals and corporate entities towards governance, development and maintenance of physical infrastructure as well as a tool of bridging income inequities. They are also a means by which the … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The need for corporate organizations to disclose in their annual report the social and environmental accounting information is increasingly becoming a topical issue globally. This need is even more apparent in the developed nations, unlike in developing countries where less attention is being given to social and environmental … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Many countries around the globe including Nigeria have experienced rapid establishment and growth of pension funds. The growth of these institutions is one development that countries have given considerable attention because of the sensitivity of the transactions involved in pension funds. Pension funds act as an important stimulus … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study In recent times, the incessant militancy in the Niger Delta and falling global price of crude oil and oil revenue shifted the attention of the government and major stakeholders in Nigeria to other sources of revenue generation. One of the ways the government generates revenue is through taxation. … Read more