Archive - Volume(12)
Author: Chukwuechefulam Kingsley IMO Volume: 12(3) 02/07/2021 Page: 9-21
Urban-rural differentials of unmet need for family planning predictors among ever-married and cohabiting childbearing women in nigeriaCorresponding Author
Chukwuechefulam Kingsley IMO[email protected]
Unintended pregnancy-related to unmet need for Family Planning (FP) in the context of health priority, is a worldwide problem with health implications. This study examined urban-rural differentials of unmet need for FP predictors in Nigeria, using a sample of 18,125 women drawn from the 2018 Nigeria Demographic and Health Survey. Descriptive and statistical analyses were carried out, including multivariate binary logistic regression. The study established that urban-rural differentials of unmet need for FP are driven by distance to the health facility. Lack of women’s healthcare decision-making autonomy was found to be associated with an unmet need for FP. Given that the unmet need for FP increased among women with at least a living child, whose husbands wanted more children and who experienced a son’s death, there is the need to re-addressing some cultural practices relating to sexual and reproductive health to achieve sustainable development in a patriarchal Nigeria.
Corresponding AuthorChukwuechefulam Kingsley IMO, Department of Sociology, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria, E-mail: [email protected], Phone: +2348069226978
KeywordsUnmet Need Family Planning Urban-rural Differentials Women Nigeria
Author: Igbekoyi Olusola Esther Volume: 12(3) 02/07/2021 Page: 22-37
Corporate social responsibility and financial perfomance of manufacturing firms listed on the nigerian stock exchangeCorresponding Author
Igbekoyi Olusola Esther[email protected]
Prior to recent time, the performance of firms has been solely based on the financial evaluation yardsticks in terms of profits, return on investments, return on assets among others. It is however discovered that in this era of sustainable development, the yardstick for the evaluation of firms has included their social and environmental performances. The study, therefore, examined the effect of corporate social responsibility on the financial performance of listed manufacturing firms in Nigeria; by incorporating employee relations and diversity. The study covered consumer goods, basic materials and industrial sectors because of their high dominance in the manufacturing sector. A total of 74 firms form the population; out of which 27 firms were selected using the Purposive Sampling Technique. Data were collected from annual reports of selected firms; and the Nigerian Stock Exchange factbook for the period of 2002-2016. Data collected were analysed using descriptive statistics and ARDL co-integration test; in order to determine the short-run and long-run effect of the variables. The study found that community relations, employee relation, board diversity and board size have a significant positive relationship with return on assets in the short run while only community relation and board diversity are significant in the long run. The study concluded that social factors are significant in explaining financial performance. It is therefore recommended that corporate social responsibility of firms should go beyond community relations alone but extend to other social factors to maximize financial performance.
Corresponding AuthorIgbekoyi Olusola Esther, Department of Accounting, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria, E-mail: [email protected]; +2348036352377
KeywordsCorporate Social Responsibility Community Relations Employee Relations Board Diversity Board Size Financial Performance
Author: Olumide Ayeniyo Volume: 12(3) 02/07/2021 Page: 38-51
Technology adoption and its implications for workers’ commitment in adekunle ajasin university, akungba-akoko, ondo state, nigeriaCorresponding Author
Olumide Ayeniyo[email protected]
The aim of this study was to assess the relationship between technology adoption and workers’ commitment for improved organizational performance in Adekunle Ajasin University, Akungba-Akoko. In order to achieve this set objective, multi-stage sampling technique was adopted to sample 150 copies of questionnaire on academic staff of the university, across all its faculties and academic departments, out of the existing 452 that were on the payroll of the university. In all, 124 copies were retrieved and found analyzable. The response rate analysis of retrieved questionnaire was put at 82.6%. The study adopted a 5-point rating scale to dichotomize the appropriate variables. The obtained data were analyzed using both descriptive and inferential statistics. The study shows that there was a significant positive relationship between ICT adoption and workers’ commitment (t = 2.86; p≤ 0.05) and there was a significant relationship between workers’ perception of ICT deployment (r = 0.68; p≤ 0.05) and workers’ commitment.
Corresponding AuthorOlumide Ayeniyo, Department of Business Administration, Faculty of Social & Management Sciences, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. E-mail:[email protected] Phone: +234(0)8034363635
KeywordsTechnology Adoption Commiment Workers
Author: Agbaje Wale Henry Volume: 12(3) 02/07/2021 Page: 52-59
Accounting and state economic policies formulation: an historical review of egypt accountingCorresponding Author
Agbaje Wale Henry[email protected]
The study examines accounting and state economic policies formulation: An historical review of Egypt accounting. Egypt has developed various accounting systems to focus on proper accountability using agrarian and pharaonic systems but the majority of these studies did not consider the system as a way of fashioning state economically. There is a perennial gap between agrarian and pharaonic systems and economic policies; despite the presence of an accounting system. The study found that the evolution of accounting in Egypt demonstrates its ability to adapt in response to state economic policies. It was further revealed that the agrarian and pharaonic eras can help in formulating state economic policies. The study concluded that evidence showed that agrarian and pharaonic systems can form the basis for fashioning state economic policies. It is recommended that the countries like Nigeria can adopt Egypt agrarian and pharaonic systems to fashion out their state economic policies which principally centred on equal distribution of resources and a better accountability system.
Corresponding AuthorAgbaje Wale Henry, Department of Accounting, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. E-mail: [email protected], Phone: +2348134587169
KeywordsEconomic Policies History Agrarian Era Pharaonic Era Mixed Economic System
Author: I.I. SULE, H. E. MONYE-EMINA, & E.O Oladutire Volume: 12(3) 02/07/2021 Page: 60-80
An assessment of csr practices in nigeria: the bankruptcy risk perspectiveCorresponding Author
I.I. SULE, H. E. MONYE-EMINA, & E.O Oladutire[email protected]
The concept of CSR and its impact on several firm performance measures have received a lot of research attention, howbeit with differing outcomes. In spite of the massive availability of literature in this area of study, not much is known about the pattern of CSR engagement by Nigeria companies and their relationship with bankruptcy risk. This is against the backdrop of the outcome of most recent studies which suggest that the majority of Nigerian companies, performance-wise, are in the “distress zone”. This study is thus motivated to review the CSR practice in Nigeria by making a case for its possible relationship with bankruptcy risk. Drawing from the theoretical lens of stakeholder theory, the study adopted the exploratory research design approach and relied majorly on positions and findings of existing related literature. The paper took a position that the pattern of CSR engagement by most Nigerian companies to the line of philanthropy. The outcome of the review studies, the paper conjecture a likelihood that engaging in CSR mitigates bankruptcy risk; however, there is little empirical evidence to buttress the assumption in the Nigerian context. The study developed two conceptual frameworks to be empirically tested by future studies.
Corresponding AuthorH.E. Monye-Emina, Department of Accounting, Faculty of Management Sciences, University of Benin, Bebin City, Edo State, Nigeria. E-mail: [email protected] , Phone: +234-0703514840
KeywordsBankruptcy Risk CSR Firm Performance Stakeholder Financial Performance
Author: OTAPO Toyin Waliu & ADEDAYO Olawale Clement Volume: 12(3) 02/07/2021 Page: 81-90
Escalating debt and economic growth in nigeriaCorresponding Author
OTAPO Toyin Waliu & ADEDAYO Olawale Clement[email protected]
The study examined the effect of escalating debts on the Nigerian economy. The paper analyzed data collected from the Central Bank of Nigeria (CBN) Statistical bulletin using descriptive and inferential statistics for 37 years. The real gross domestic product (RGDP) was captured as the dependent variable, while the explanatory variables included external debt (EXD) and domestic debt (DSD). The augmented dickey fuller (ADF), the error correction model (ECM) and Johansen’s Co-integration test were testing methods used in the study. These variables measured the effect of escalating debt on the Nigerian economy for the period of 1980 to 2016. The mean and median statistics of the variables showed that all the variables were positively skewed and their mean was significantly greater than their median due to its volatility in the economic system of Nigeria. The descriptive statistics and correlation analysis showed that there was a positive relationship between real gross domestic product (RGDP), external debt (EXD) and domestic debt (DSD). The analyses revealed that external debt had a negative and insignificant effect on economic growth; on the contrary, the domestic debt had a positive and significant effect on economic growth. However, the F statistics revealed that jointly external debt and domestic debt have a significant effects on economic growth. External debt and domestic debt were positively correlated to RGDP in the range of 27.14% and 98.67% respectively. The policy direction is for the government to deploy debt for the improvement of productive capacity in other to engender increased employment, price stability and balance of payment equilibrium.
Corresponding AuthorOtapo Toyin Waliu, Department of Banking and Finance, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. E-mail: [email protected] +2348052602938
KeywordsGross Domestic Product Domestic Debt External Debt
Author: Adegboyegun, A.E, Ademola, A.O, & Kazeem, B.L.O Volume: 12(3) 02/07/2021 Page: 91-106
Financial inclusion and economic growth in nigeriaCorresponding Author
Adegboyegun, A.E, Ademola, A.O, & Kazeem, B.L.O[email protected]
The presence of shadow money which has weakened the effectiveness of the monetary policy has been widely attributed to financial exclusion. As a result, the Central Bank of Nigeria since 2010 adopted financial inclusion as one of its goals for subsequent years. Explicitly, the rationale behind this is to guarantee financial access for all which can alleviate poverty, enhance employment creation and improve credit creation. Thus, the target is to absorb the unbanked populace largely in the informal sector into the formal financial system. Therefore, the study assessed the impact of financial inclusion on economic growth in Nigeria. The Auto Regressive Distributed Lag (ARDL) and Causality techniques were used to analyse data for variables viz; Gross Domestic Product, Loans to Rural Areas, Deposits from Rural Areas, Number of Bank Branches and Interest Rate for the period 1986-2018. The study discovered that financial inclusion has significant positive effect on economic growth while interest rate has a significant negative impact on economic growth. Meanwhile, the causality test revealed a unidirectional causality from economic growth to financial inclusion majorly through the channel of loans to rural areas. Thus, due to the credence given to financial inclusion by the empirical results in the study as well as the role of economic growth in driving inclusion, it is recommended that loans extended to rural areas should be granted at lower and affordable rates with less bureaucratic demands as this factor is a major inclusion variable that guarantees growth according to the empirical findings.
Corresponding AuthorAdegboyegun, A. E, Department of Accounting, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria, E-mail: [email protected], Tel: +234 806 723 8841
KeywordsFinancial Aceess Financial Inclusion Financial Intermediation Financial Reporting