Ayobami Sodiq INTRODUCTION Taxation is one of the major fiscal policies the government of any nation such as Nigeria can use to achieve economic stability and in the financing of capital expenditure. Various taxes are levied upon the income, wealth or gain of an individual, family and business firm by the government for the purpose or benefits … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Working capital management is particularly important for small firms. A small firm may minimize its investments in fixed assets by renting or leasing plant and equipment but there is no way it can avoid an investment in cash debtors and stocks. Therefore current assets are particularly significant … Read more
CHAPTER ONE INTRODUCTION 1.0. BACKGROUND TO THE STUDY Taxation is not a new word in Nigeria or the world as a whole. In Nigeria, taxation has been in existence even before the coming of the colonial men or the British. Taxation can be defined as the system of imposing a compulsory levy on all income, … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Local government in Nigeria has been changed by the constitution of the responsibility or grassroots development and such recognized as the third time of government. There has been a number of national conference and seminars in local government in various parts of the country. All these, one … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Dividend according to Nwude (2003) “is the share of the company’s legally available profits divided among the shareholders and received by the shareholders in cash (where cash is paid out) or stock (where stock is paid) or both in other forms of paper claims to wealth”. Dividend … Read more
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Business Enterprises (SMEs) are seen as a driving force for the promotion of an economy (Khan and Jawaid, 2004) and they contribute immensely to the economic development of any country. According to OECD (1997), business enterprises play a major role in economic growth and development, creation of … Read more
CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Fiscal policy measures in Africa have been largely driven by the need to promote such macroeconomic objectives as raising revenue to finance rapid economic growth of their economies, generating employment, maintaining price level and exchange rates stability and balance of payments equilibrium. To achieve these objectives one of … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Small businesses are seen as one key source of economic growth. For this reason, myriad economic policies have been devoted to promote the economic activity within small businesses (Buss 2001). Small and medium enterprises (SMEs) form the core of majority of the world’s economies. A study carried … Read more
EFFECT OF TREASURY SINGLE ACCOUNT ON MANAGEMENT OF PUBLIC SECTOR FUND – FEDERAL SECTOR ESTABLISHMENT CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY In 2015, Central Bank of Nigeria issued a circular directing all deposit money banks to implement the Remita e-Collection Platform. The Remita e-Collection is a technology platform deployed by the Federal Government … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The recent global financial crisis, which had its roots in the banking sector, highlighted, except from the existing regulatory gaps, the lack of proper and efficient internal audit functions within the banking institutions in order to mitigate the resulting negative effects. The burst of the credit crunch … Read more