JOURNAL OF MANAGEMENT SCIENCE AND ENTREPRENEURSHIP (SJMSE)
Vol 10 (5) September, 2018 ISSN 2285-3138
Sub-Sahara African Academic Research Publications,
Centre for African Development Studies, University of Ibadan,
P/ O/ Box 10108, U. I. Post Office. Ibadan Oyo State,
Nigeria, West-Africa. +2348025604997
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DETERMINANTS OF FIRM GROWTH: A STUDY ON SMALL AND MEDIUM SCALE ENTERPRISES (SMEs) IN NIGERIA
AKHATOR AKHERE PETER, (PH.D) *UGBOMHE, O. UGBOMHE (PHD) AND **KIFORDU A. ANTHONY (PHD)
*Department of Business Administration, Ambrose Alli University, Ekpoma, Edo State **Department of Business Administration, Edo State University, Iyamho, Edo State
The research is on Determinants of Firm Growth: A Study of Small and Medium Scale Enterprises in Nigeria. As profit-driven organizations, SMEs that are determined to bloom and boom in the long-run, have their growth possibilities shaped or influenced by several factors. These factors may not have the same degree of impact or command the same measure of intensity on the firms. In order to determine these factors and their relative intensities on the firms, the research obtained data from World Bank Enterprise Survey (2015). Where nineteen states in Nigeria were selected as target population while a group of two thousand firms was selected as their sample. The study employed General Method of Moments (GMM) as a statistical tool for analysis using STATA econometric software package. Findings of the research show that several forces/factors determine growth of SMEs and that management related ones have more pronounced impact. It was therefore recommended that firms with growth ambitions and possibilities should not only rely on a competitive strategy, they should also rationally evaluate the overall capabilities of the firm.
Key Words: Capabilities, Customer Satisfaction, Growth, Profitability, Strategy
AN INVESTIGATION OF THE EFFECT OF FORENSIC ACCOUNTING ON FRAUD DETECTION IN NIGERIAN ECONOMY
DR MAHMOUD IBRAHIM
Department of Accounting, Faculty of social and Management Sciences, Bauchi State University, Gadau, Bauchi Campus, Bauchi State
No doubt, economic crime and fraud remains an intractable problem for both private and public sector globally. Forensic accounting fraud detection in the global economy has become an emerging topic of great importance for academic, research and industries. The objective of the study is to examine forensic accounting and fraud detection in Nigeria. Specifically, the study examined if there is significant agreement amongst stakeholders on the effectiveness of forensic accounting in fraud detection control, financial reporting and internal control quality. The desktop and qualitative design was used in the study. Contents and response of the questionnaires utilized were analyzed. The findings of the study indicate that there is an agreement amongst stakeholders on the effectiveness of forensic accounting in fraud control, financial reporting and internal control quality. In line with the findings, the study contributed by validating control theory using Nigerian Data. It also recommends that the professional accounting bodies of Nigeria, Association of National Accountants of Nigeria and the National Universities Commission should encourage formalization and specialization in the field forensic accounting. In addition, the government should enact an act of forensic accounting policy for monitoring and investigation of suspected corruption cases including EFCC operations.
Key Words: Forensic accounting, stakeholders, governance, internal control and fraud detection
RELEVANCE OF DEGREE OF ACCOUNTING CONSERVATISM ON THE FINANCIAL PERFORMANCE OF NIGERIAN MANUFACTURING FIRMS: AN EARNINGS MANAGEMENT PRESPECTIVE.
*DR. FRIDAY EFFIONG AKPAN, PhD. AND **PROF. IFEOMA MARY OKWO, PhD.
*Centre for Financial and Accounting Research (CEFAR), Nigerian College of Accountancy, Kwall, Plateau State, Nigeria **Department of Accountancy, Enugu State University of Science and Technology, Enugu State, Nigeria.
This study, Relevance of Degree of Accounting conservatism on Financial Performance of Nigerian Manufacturing Firms: An Earnings Management Perspective sought to determine the relevance of degree of accounting on financial performance of Nigerian Manufacturing firms proxied by earnings quality, degree of accounting conservatism, accruals quality and IFRS adoption. The specific objectives are to: (i) determine the significance of degree of accounting conservatism on the financial performance of Nigerian manufacturing firms. The study adopted the ex-post facto research design using secondary data gathered from published financial reports and accounts of eighteen (18) public manufacturing firms in Nigeria. The sample size culminated into twelve (12) periods, six (6) cross-sections observations. The panel least squares under the fixed effects assumptions were applied to test all hypotheses. Findings from the study suggests that while earnings quality and accounting conservatism have positive but insignificant effects on the performance of Nigerian firms, accrual quality and average financial reporting quality shows negative effects on the performance of Nigerian manufacturing firms. The implication of the findings is that more earnings management is associated with lower quality of information which is used to distort the true performance of firms. Therefore, financial statements reported by the company contain a greater volume of information; the trend towards earning management is lower and the performance achieved by the company higher.
Keywords: Accounting Conservatism, Financial Performance, Earnings Management, Earnings Quality, Accrual Quality.
TIME MANAGEMENT AND ORGANIZATIONAL PERFORMANCE OF AIRLINES IN PORT HARCOURT
HELEN Y. OLLOR1 HARRY LORETTA JUMBO 2
- Senior Lecturer, Hospitality Management and Tourism, University of Port Harcourt, Rivers State 2. Hospitality Management and Tourism, University of Port Harcourt, Rivers State
The purpose of this study is to examine the relationship between Time Management and Organizational Performance in selected Airlines in Port Harcourt. Quasi Experimental Research Design was adopted. Test books, Journals, and Questionnaire were used to gather data for the study. A total population size of 224 was targeted, and a sample size of 144 was determined using the Taro yamen Formula. Thus 144 Questionnaire were distributed, out of which 136 were completed and returned. The data were analyzed using Spearman’s Rank Correlation Co-efficient of which t-tail test was used to test the Hypotheses. From our findings, setting goals enhance accomplishing tasks; scheduling time enhances effectiveness of the tasks. Suitable recommendations were made as follows: Managers and employees of Airlines should be encouraged to participate in goal settings and scheduling of tasks so as to put in their best and accomplish tasks effectively in their organizations.
Keywords: Time Schedules, Performance, Time Allocation, Duties, Air Lines, Tasks Allocation, Work Schedules
INFLUENCE OF PERFORMANCE APPRAISAL AND REWARD SYSTEM ON EMPLOYEES AND ORGANIZATIONAL PRODUCTIVITY IN NIGERIA; TOTAL PLC
FAMOLU FLORENCE BOSEDE Ph. D.
Department Of Human Resource Development, Faculty Of Management Sciences, Osun State University,
The study investigated the Influence of good reward system on employees and organizational productivity. This research study examines the reward system on employment performance in Total Nigeria Plc. The survey research designed was adopted for the study. A total of 100 respondents were selected for the study using Stratified sampling and simple random sampling techniques. A set of structured questionnaire titled Impact of God Reward System on organizational productivity with reliabitliy coefficient of 0.236 values. Three research questions generated for the study were examine using Linear Regression analysis, Pearson Product Moment Correlation and t- test statistics at 0.05 alpha level. Based on the finding from the study it was recommended that reward system should be clear and easily understood, it should have bearing on organizational goals, be fairly administered and aim at ensuring equity among the total workforce., an employee’s total reward system which includes both financial rewards and benefits should aim at improving employee work satisfaction, meet health and safety requirements of the employee attract and motivate employees and reduce turnover. Reward system should be modified periodically as a response to the changing needs of the worker and the organizations.
Keywords: Reward System, Employee, Organizational Productivity
socio – economic prospects of sport tourism in nigeria
*muhammad sanusi abdul (Ph.D), **mohammed saba mohammed (Ph.D) *** Umar Mohammed
*Department of Physical and Health Education, Niger State College of Education, Minna. **Department of Human Kinetics and Health Education, Ibrahim Badamasi Babangida University, Lapai. ***Department of Physical and Health Education, Niger State College Of Education, P.M.B 39, Minna. Nigeria
This paper focused its attention on the concepts of sports, tourism, and sport tourism. The components and classifications of sport tourism highlighted include attractions, resorts, cruises, tours and events. Socio-economic prospects of sport tourism focused on social exchange, friendship, improved understanding, improved social amenities, cultural exchange, creation of employment, provision of business opportunities, income generation and facilitation of growth and development in the host communities, cities or country. Finally recommendations for better improvement were given among others is the development of infrastructures, active promotion policies and marketing, as well as sport tourism awareness campaigns in the media.
Keywords: Socio – economic, Sports, Tourism, Sport Tourism.
ASSESSMENT OF RESIDENTS’ PERCEPTION ON ECONOMIC IMPACT OF TOURISM ACTIVITIES IN SOUTHERN KADUNA REGION, KADUNA STATE
1BABA, EZEKIEL BAHAGO; 2 GALADIMA ABOK; 3GUMAU, BINTA GARBA (MRS)
1&2Urban and Regional Planning Department, College of Environmental Studies, Kaduna Polytechnic, Kaduna; 3Department of Urban and Regional Planning, Abubakar Tafawa Balewa University, Bauchi
The ultimate goal of any public projects is to improve the livelihood of its citizen. So, it is in the tourism sector. The ultimate goal of any tourism projects engages by government is to improve the livelihood of the citizen of that area and also have its turn-over of investment activities of that project. The study aims at assessing the resident’s perception of the economic impact of the tourism activities in the Southern Kaduna Region with the view to giving recommendation for improvement. The study uses SSPS 17 version in analyzing the impacts of the tourism activities in the study area. At the end of the study, the findings revealed that the overall perception of the economic impact of the tourism activities in the area is negative with mean score value of -1.2844. This indicates that the value of the mean score for the negative impact was 3.8250 which is more than the value of the positive impact in the area with 1.2844. This shows that the value for positive impact was 2.5406 indicating that despite the existence of tourism activities in the Southern Kaduna Region, residents have not felt the economic impact of them. Nevertheless, when looking at the result of the impact and resident attitudes to support tourism activities, the result shows positive with the mean score of 0.2208 indicating that the residents of the study area has been and will ever support tourism activities in spite it inability to create more jobs, investment opportunities and increase the standard of living in the area. Based on this established outcome of this study, the following recommendations were given for improvement. the employment of the resident of the areas into the management of the tourism potential spots of the area; the encouragement of the public private partnership in the development of tourism activities in the area; the immediate development of other tourism sites to increase the impacts of the activities of the sector in the area; and the involvement of the southern Kaduna residents decision making body of the state that can enhance positivity of the tourism activities in various aspects in the area.
Keywords: Tourism Activities, Economic Impact, Residents’ Perception
ASSESSMENT OF THE IMPACT OF MANPOWER DEVELOPMENT AND WORKERS’ PRODUCTIVITY IN MAIDUGURI FLOUR MILLS
1JODA, M., 2EDOGAME, S.A. AND 3ISAAC, V.N,
1Department of Public Administration, Ramat Polytechnic, Maiduguri 2Ulysses Nigeria Limited, Niger Road, Kano State; 3c/o Ramat Polytechnic, P.M.B. 1070, Maiduguri,
The study examines manpower development and workers’ productivity in Maiduguri Flour Mills. In the pursuit of this, the study assessed the training and development activities of the organization and whether training has enhanced employee productivity. The researchers made use of both primary and secondary sources of data. A questionnaire and personal interview were used as instruments for collecting primary data while textbooks, internet, academic journals and other publications as secondary data. The chi-square statistical tool was used to test the hypothesis formulated. The findings revealed that training and development practices and activities at the organization are not systematically planned as expected. It was recommended among other things that the processes involved in training be duly followed; the organization should help its staff identify their career paths and to guide them in the pursuit of higher education.
Keywords: Assessment, Impact, Manpower, Workers, Productivity.
EXPLORING TOURISM POTENTIALS TO ENHANCE BAUCHI STATE GOVERNMENT REVENUE BASE
ALY AUDU FADA
Leisure and Tourism Management Department, the Federal Polytechnic, Bauchi, Bauchi State
This study is to explore the tourism potentiality and enhance the state government revenue base in Bauchi State, the word ‘tourist’ comes from a french word ‘tourists’ meaning a person that travel out of his usual place of resident on his own interest in process to know places outside his permanent place of abode during his or her free time. Tourism is a veritable instrument for socio-economic development as it impacts directly on the economy through the provision of resources and revenue that could be deployed to enhance economic growth, accelerate development and reduce poverty. Business tourism is a sector of the wider tourism industry which includes meetings, incentives, conferences and exhibitions, which are mostly referred to as MICE. Business tourism is an increasingly important part of the tourism industry since it is often of high value and earns corporate travel agencies, hoteliers, caterers; souvenirs companies generate significant revenue to the economic growth of a state (Robinson et al, 2010). Bauchi state is one place that nature has endowed with abundant resources both natural and manmade. It is widely regarded as “the pearl of Tourism and Hospitality. The state is bless with numerous tourism potentials of which if developed it will enhance the revenue strange of the state, also it preserve, conserve the tourism resources of the state. This will in sustaining the culture, tradition and resources of the state for the future usages and other interested bodies wishing to undergo research about similar studies.
Keywords: Exploring, Tourism, Potentials, Enhance, Revenue.
PETROLEUM PROFIT TAX LAW IN NIGERIA: AN OVERVIEW
1OKOLOGUME HENRY CHUKWUDI 2 DR. EKERIA AUGUSTINE OKOEKHIAN 3AKAMIOKHOR ALIU CLIFFORD
Department of Banking and Finance, Federal Polytechnic, Auchi, Edo State, Nigeria
Tax polices represents key resource allocator between the public and private sections in a country. It is usually imposes on individuals and entity that make up a country. The fund provided by tax are used by states to support certain state obligations. This study examines the draft national petroleum profit tax policy with a view to identify corrections to perceived flaws inherent in the document. To enhance the understanding of this paper, we begin with making a review Nigeria’s petroleum profit tax system and the current draft national petroleum profit tax policy. We will attempt to identify the challenges inherent in the current return and proffer strategies for an efficient petroleum profit tax regime in Nigeria. This paper has reviewed the petroleum profit tax law in Nigeria from 1904 to the ongoing tax reforms; in the reviewed tax reform, we observed that they meet the requirement for a national petroleum profit tax policy. The paper however identified and took into consideration, a number of flaws that could affect the efficient workability of the policy. It presented highlights of these flaws and proffered the way forward with regards to applicability in Nigeria. On the basis of the foregoing, it is recommended that government should consider taxpayers in fiscal policy formation and implementation in order to achieve improved tax compliance rate in the country.
Keywords: petroleum profit tax, policies, tax regimes, tax reforms, capital allowance