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Campus Activity Management Mode and Its Performance Evaluation Based on Activity-Based Costing
Jianfei Leng,
Xuebing Rong,
Chengyu Wang
Issue:
Volume 7, Issue 2, June 2022
Pages:
34-39
Received:
29 March 2022
Accepted:
6 April 2022
Published:
8 April 2022
Abstract: According to the traditional management of campus activities for undergraduate students, lacking of the in-process and post-process evaluation feedback standard, which causes many problems, especial for the campus activities' application, organization and implementation. With the help of these unique advantages of Activity-Based Costing (ABC) in the field of direct and indirect cost accounting, taking the campus activities of students in Chinese colleges and universities as the research object, ABC is applied to the specific way of allocating overhead costs based on “campus activities” that actually contribute to overhead costs, such as the campus activities' organization and application, bidding and its evaluation, risk identification and control, mid-term inspection, and post-process evaluation. All these scientific, simple procedures and concrete measures, establishing a new mode of campus activities management and a new method of the performance evaluation to the completed campus activity. Taking an official campus activity held by a certain university as an example, its summer social practice program, the process management and third-party assessment results show the activity-based costing method can provide theoretical support and technical guidance for policy making and scientific management of related campus activities. Furthermore, it is expected to be used in project management of some other related industries.
Abstract: According to the traditional management of campus activities for undergraduate students, lacking of the in-process and post-process evaluation feedback standard, which causes many problems, especial for the campus activities' application, organization and implementation. With the help of these unique advantages of Activity-Based Costing (ABC) in th...
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Macroeconomic and Bank Specific Determinants of Non-performing Loans in Ghanaian Banking Sector
Ebenezer Okyere,
Alice Constance Mensah
Issue:
Volume 7, Issue 2, June 2022
Pages:
40-48
Received:
28 March 2022
Accepted:
26 April 2022
Published:
10 May 2022
Abstract: Banks play an important role in the creation of capital for economic growth of a nation and their reliability is very critical for financial system stability. Nevertheless, banks face risks such as credit risk, which seem to have an impact on banks profitability. To determine credit risk, the ratio of Non-Performing Loans (NPLs) to total bank loans is the most common indicator used. Non-Performing Loans are loans that do not produce interest and principal amount for a minimum of 90 days and fundamentally reflects the performance of a bank. A high ratio indicates a greater risk of loss while a small ratio presents a low risk to the bank. NPLs systematically affects the whole banking system and if care is not taken will disturb its future development. The study examined the determinants of NPLs in the banking industry of Ghana using bank specific and macroeconomic variables. The study was based on monthly data covering the period January 2007 to December 2019 and employed the ARDL bounds test of co-integration to estimate the evidence of short run and long run relationship among the variables. The study results revealed that, bank’s lending rate, bank’s profitability, Cost to Income Ratio, Capital Adequacy Ratio and Net Interest Margin are the bank specific factors influencing non-performing loans. At the macroeconomic level, inflation and economic growth reduces non-performing loans. Furthermore, previous year’s non-performing loans and net interest margin depresses Current NPLs whereas credit adequacy ratio promotes Current NPLs in the short-run. The study recommends a firm policy reform that pays attention to credit appraisal mechanisms to improve the quality of bank loan portfolios through tougher regulations and guidelines to support healthier investment. Thus, management of banks should do well to cut interest rate on loans to make them less expensive for borrower’s to meet their commitments, whiles regulators undertake policies that can ensure efficiency in bank’s operations. Furthermore, Policymakers must consider GDP growth carefully by implementing a set of policies geared towards improving investment and finally profitability.
Abstract: Banks play an important role in the creation of capital for economic growth of a nation and their reliability is very critical for financial system stability. Nevertheless, banks face risks such as credit risk, which seem to have an impact on banks profitability. To determine credit risk, the ratio of Non-Performing Loans (NPLs) to total bank loans...
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Statement of Cash Flows (IAS 7) and Financial Performance of Listed Deposit Money Banks in Nigeria
Siyanbola Trimisiu Tunji,
Adebayo Kajogbade Kameel,
Akinbowale Sileola Adebusola,
Abiola Tobi
Issue:
Volume 7, Issue 2, June 2022
Pages:
49-55
Received:
19 April 2022
Accepted:
6 May 2022
Published:
12 May 2022
Abstract: The effectiveness of cash flows and liquidity contributions to the financial performance of deposit money banks in Nigeria have been of concern that requires special attention. Therefore, this study examined the “significance of Statement of Cash Flows (IAS 7) to the financial performance of listed deposit money banks in Nigeria”. Ex-post facto research design was adopted. The population of the study was 14 while the sample of eleven banks was purposively selected mainly on available data from Nigeria Stock Exchange in 2019. Secondary data collection method was used in extracting data for periods between 2015 and 2019 from their published annual accounts. Both descriptive and inferential statistical methods were adopted using “correlation and regression analysis techniques”. The findings of the study reveal that cash flow activities have no “significant effect on deposit money banks financial performance”. However, when the moderating variable of banks’ size was introduced, the result shows that Cash flows with moderating variable have a “significant effect on financial performance of deposit money banks in Nigeria”. Also, the study established that there is no uniform method adopted by the listed banks in the preparation of the statement of cash flow analysis. The study recommended that the users of the statement should recognize the effect of banks’ size before making any investment decision based on cash flow information. Regulators should persuade banks to adopt a uniform method of preparing Cash Flows Statement for easy comparison and analysis. Finally, contents and accuracy of Statement of Cash Flows should be of interest to both the regulators and external auditors because some stakeholders placed more reliance on the statements in making investment decisions.
Abstract: The effectiveness of cash flows and liquidity contributions to the financial performance of deposit money banks in Nigeria have been of concern that requires special attention. Therefore, this study examined the “significance of Statement of Cash Flows (IAS 7) to the financial performance of listed deposit money banks in Nigeria”. Ex-post facto res...
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Corporate Social Responsibility and Earnings Per Share of Oil and Gas Companies in Nigeria
Sunday Ajao Owolabi,
Olajire Aremu Odunlade,
Olayemi Oluwadamilola Amosun
Issue:
Volume 7, Issue 2, June 2022
Pages:
56-62
Received:
20 May 2022
Accepted:
6 June 2022
Published:
16 June 2022
Abstract: Organizations are operating in a world where they must carry out social, environmental, and economic functions and obligations. All corporations and stakeholders are focusing on the need for social and environmental accounting. This paper studied the impact of corporate social responsibility on the earnings per share of Oil and Gas companies in Nigeria, using ex-post-facto research design, where 8 Oil and Gas companies in Nigeria were examined for a period of 10 years. Total enumeration sampling technique was adopted for the study, and descriptive and inferential statistics were used to analyze the data. The study's findings demonstrated that corporate social responsibility had no bearing on earnings per share (EPS) (Adj R2 = 0.2579, F-Stat = 3.34, p = 0.1885) of Oil and Gas companies in Nigeria. The study concluded that corporate social responsibility has no significant effect on the earnings per share of Oil and Gas companies in Nigeria. The study recommends that policies should be made for oil and gas companies to report mandatorily about their corporate social responsibilities in their annual reports.
Abstract: Organizations are operating in a world where they must carry out social, environmental, and economic functions and obligations. All corporations and stakeholders are focusing on the need for social and environmental accounting. This paper studied the impact of corporate social responsibility on the earnings per share of Oil and Gas companies in Nig...
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Government Grants and Assistance on Employee Performance of Small Scale Businesses in Nigeria
Aliu Arinola Kafayat,
Siyanbola Trimisiu Tunji,
Okunade Richard Adeleye,
Okedina Olusola Olakunle
Issue:
Volume 7, Issue 2, June 2022
Pages:
63-70
Received:
25 May 2022
Accepted:
13 June 2022
Published:
27 June 2022
Abstract: The task of small scale businesses in the development of emerging nations has been perceived to be essential in conquering financial difficulties described by high rate of unemployment, high destitution rates and pay disparities, particularly in developing nations. The disruptions caused due to changed circumstances have led to the loss of revenue for businesses and exposed them to a vulnerable environment. Government grants and assistance as a tool for development and growth of small scale businesses are phenomenal. The study aimed at ascertaining the effect of government grant on employee performance of small scale businesses. Taking into account the challenges facing small scale businesses and provision of government grants in Nigeria, other specific objectives were aimed at Evaluating the effect of government training on employee performance of small scale businesses and secondly, To find out how lack of access to finance influences employee performance of Small scale businesses. Theoretical framework of the study was based on motivation theory. A cross sectional, explanatory and descriptive research design was employed and questionnaire was administered to 133 sampled respondents. Both descriptive and inferential statistics were used to analyze the data obtained. The findings of the study shows that government training has a positive effect on employee performance while a low relationship exist between lack of access to finance and employee commitment. The low value of multiple correlation of determination indicates that there are other important factors that affect the employee commitment other than lack of access to finance. The study concludes that government grant has a positive effect on employee performance and thus recommends that Government grants and assistance agencies should aim at helping Small scale businesses with different marketing strategies to guarantee that they comprehend the market.
Abstract: The task of small scale businesses in the development of emerging nations has been perceived to be essential in conquering financial difficulties described by high rate of unemployment, high destitution rates and pay disparities, particularly in developing nations. The disruptions caused due to changed circumstances have led to the loss of revenue ...
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Dilemma and Countermeasures of Local Higher Education Investment in China Under Fiscal Decentralization
Issue:
Volume 7, Issue 2, June 2022
Pages:
71-76
Received:
29 May 2022
Accepted:
14 June 2022
Published:
27 June 2022
Abstract: Under the fiscal decentralization system, China has implemented a central and provincial management system. Colleges and universities are divided into central and local colleges and universities. At present, local higher education is facing the dilemma of insufficient investment. The reasons are mainly reflected in three aspects: first, the inherent defects of China's fiscal decentralization system restrict the attention of local governments to the higher education needs of local residents; Second, the speed of local economic development can not keep up with the rapid development of the scale of local higher education, resulting in the lack of financial resources for local governments to invest in higher education;, The third is the game of local governments in the direction of financial investment under the fiscal decentralization system, which leads to the reluctance of local governments to invest funds in the field of higher education. We believe that in order to alleviate the plight of insufficient investment in local higher education, we should promote the decentralization reform of higher education investment system; The local government should establish a scientific view of political achievements, improve the understanding of the importance of higher education, and speed up the financial allocation to local colleges and universities; Mobilize non-public resources to invest in local higher education and broaden the financing channels of local colleges and universities.
Abstract: Under the fiscal decentralization system, China has implemented a central and provincial management system. Colleges and universities are divided into central and local colleges and universities. At present, local higher education is facing the dilemma of insufficient investment. The reasons are mainly reflected in three aspects: first, the inheren...
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Leases Financing, Liquidity, and Return on Equity of Selected Manufacturing Companies in Nigeria: Implication of IFRS 16 Leases
Shiyanbola Trimisiu Tunji,
Desi Augustine,
Oyedele Philips Olabode,
Oyewumi Solomon
Issue:
Volume 7, Issue 2, June 2022
Pages:
77-85
Received:
4 June 2022
Accepted:
17 June 2022
Published:
27 June 2022
Abstract: The new IFRS 16 standards, which replaced IAS 17, have brought changes affecting primarily leases, and while the lessor's accounting remains largely unchanged, this could result in changes in companies' investment decision options. Studies have argued that the new IFRS 16 has come with complexities affecting the financial and off-statement of financial position events. However, the extent of the effect on corporate return on equity, especially for manufacturing companies, remains unclear. As a result, the impact of lease financing and liquidity on the return on equity of selected listed manufacturing companies in Nigeria was investigated in this study. Secondary data was acquired from a population of 66 manufacturing organizations using an Expo facto research design. 10 companies were purposefully chosen and listed over a 10-year period from 2011 to 2020. The data was analyzed using descriptive and inferential statistics. Lease finance and liquidity were found to have a beneficial impact on return on equity (Adj.R2 = 0.064; F(4, 95) = 18.57; p-value = 0.05). In introducing firm size as a controlling variable, the study revealed that firm size, leases financing and liquidity had a stronger positive effect on return on equity, (Adj.R2 = 0.121; F(5, 94) = 28.29; p-value < 0.05). The study concluded that leasing and liquidity had a beneficial impact on the return on equity of selected Nigerian listed manufacturing enterprises. The study recommended that managers show competence when making lease finance and liquidity decisions because poor decisions could jeopardize the attainment of corporate goals and objectives.
Abstract: The new IFRS 16 standards, which replaced IAS 17, have brought changes affecting primarily leases, and while the lessor's accounting remains largely unchanged, this could result in changes in companies' investment decision options. Studies have argued that the new IFRS 16 has come with complexities affecting the financial and off-statement of finan...
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The Impact of Testosterone on Financial Risk Tolerance
Joudar Fadoua,
Dinar Brahim
Issue:
Volume 7, Issue 2, June 2022
Pages:
86-91
Received:
4 June 2022
Accepted:
20 June 2022
Published:
30 June 2022
Abstract: This study aims to examine the relationship between gender and financial risk tolerance. A mixed (qualitative and quantitative) approach was adopted with 100 respondents consisting of 63 Moroccan men and 37 Moroccan women, aged between 18 and 47 years. The analysis of the responses to the questionnaire based on the risk tolerance question of The Survey Of Consumer Finances, demonstrated that men have a higher risk tolerance than women and that there is a relationship between gender and individuals' attitude toward risk. The results of the questionnaire show that 78.37% of the women surveyed have no tolerance for risk and only 21.62% of women are more tolerant of financial risk. While 35 men in our sample are willing to take significant financial risks and only 11 men prefer not to take any. Otherwise, 23.81% of the men surveyed are intolerant of financial risk and 76.19% are more tolerant of financial risk. The regression analysis examined the relationship between testosterone levels in the sample and financial risk tolerance. It was found that there was a positive relationship between the two variables. However, the study reveals that testosterone is not the only factor that could explain excessive risk-taking and thatother variables can also explain financial risk tolerance.
Abstract: This study aims to examine the relationship between gender and financial risk tolerance. A mixed (qualitative and quantitative) approach was adopted with 100 respondents consisting of 63 Moroccan men and 37 Moroccan women, aged between 18 and 47 years. The analysis of the responses to the questionnaire based on the risk tolerance question of The Su...
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