Kayode O L U W A D A M I L A R E BANKOLE | University Of Ibadan,Ibadan Oyo State Nigeria (original) (raw)

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Papers by Kayode O L U W A D A M I L A R E BANKOLE

The specific focus of the study was to investigate the relationship between audit firm tenure and... more The specific focus of the study was to investigate the relationship between audit firm tenure and audit quality; assess the effect of audit committee on audit quality; and examine the relationship between audit quality and earnings management. This research work is hinged on agency and stakeholders' theories. The data for this study were collected from the financial statements of the companies studied, journal articles, reports, periodicals, websites and magazines. The research study nine (9) oil and gas companies and covered a 20 (2000-2019) year period. The study adopted Ordinary Least Square method of data analysis to analyse the data collected and decisions were made from the statistical result. This study concludes that there is significant negative relationship between audit quality and audit committee meetings; that significant positive relationship exists between audit quality (AUQTY) and firm age (AGE); that there is significant positive relationship between audit firm tenure and audit quality; that there is significant positive relationship between board size and audit quality; that there is a statistical significant negative relationship between firm size and audit quality; that there is significant negative relationship between financial literacy of audit committee members and audit quality; that there is significant negative relationship between audit fee (FEE) and audit quality (AUQTY); that there is significant negative relationship between earnings management (EMGT) and audit quality (AUQTY). Since there is negative relationship between audit committee's meeting and audit quality, firms should find a better way to monitor statutory audit rather than increasing meetings of audit committee.

The study was designed to explore the social responsibility attitudes of oil and gas companies to... more The study was designed to explore the social responsibility attitudes of oil and gas companies to host communities. It presumed that these determinants fall broadly into endogenous and exogenous factors. Three oil and gas companies were sampled from the twelve listed in the Nigeria Stock Exchange for the study. The study found that for Oando Plc., Return on Assets, Earnings size and Debt-Equity ratio were determinants of attitudes of oil and gas companies but not so with MRS Plc. and Seplat Plc. Exogenous factors were found to be largely responsible for the social responsibility attitudes of oil and gas companies towards their communities. Keywords: Oil and Gas Companies, Host Communities, Social Responsibility, Attitudes

International Journal of Economics and Management Studies, 2018

The objective of this study was to investigate the determinants of audit quality in oil and gas c... more The objective of this study was to investigate the determinants of audit quality in oil and gas companies listed on the Nigerian Stock Exchange (NSE). To achieve this objective, eight out of the twelve oil and gas companies listed the Nigerian Stock Exchange were sampled. Ordinary Least Square method of regression analysis was used to analyse the data gathered with the use of EViews version 7.0. The result of the regression indicate that there is relationship between the dependent variable (audit quality) and the independent variables (audit fees, audit tenure, client size, growth rate, leverage and return on total assets). The study recommend that government should enact laws to regulate audit fees and provide clear definition of period external auditor or audit firm can occupy office with the same client.

This study was carried out to examine the causes of unemployment in Nigeria and its effects on th... more This study was carried out to examine the causes of unemployment in Nigeria and its effects on the economy of the country. Data were sourced from the Central Bank of Nigeria, Statistical Bulletin (2017), National Bureau of Statistics (NBS), Internet, CIA site, Index Mundi and past studies. The study covered period of 18 years, 1999 to 2017. EViews version 7 was used to analyse the data gathered, while Ordinary Least Squares (OLS) method was adopted. This study discovered that the unemployment in Nigeria is the major contribution to the poverty level in the country. Money supply and credit to private sector were recognised to have significant effect on unemployment level in the economy. It is also discovered that gross domestic product and unemployment rate in Nigeria has positive relationship which is an indication that growth in GDP does not amount to overall development in Nigeria. This study recommend that government should make credit available to private sector, increase money in circulation and try to reduce external debt which drain away the wealth of the nation through interest payments to reduce poverty rate in Nigeria.

The study aimed at comparing the tax structure of Nigeria and United Kingdom. The study compared ... more The study aimed at comparing the tax structure of Nigeria and United Kingdom. The study compared Nigeria and United Kingdom tax system based on some key indicators such as revenue ratio, ease of doing business, total tax rate as percentage of commercial profits and time to comply. Nigeria is ranked very low in the ease of doing business and also Nigeria is also ranked very low in ease of payment. This study suggest among others that Nigeria should adopt current technology that will allow for convenience in tax payment process and also Nigeria should improve the tax policy to be less hostile to business and entrepreneurs.

This research has as its objective, the identifying the motivational devices and the determinatio... more This research has as its objective, the identifying the motivational devices and the determination of effects of motivational tools on employee productivity in organisations. The Nigerian National Petroleum Corporation was chosen as the case study. The motivational devices employed at the Corporation were identified. Leadership styles were discussed and questionnaire was constructed and administered to thirty respondents and their opinions were documented. Reliability test was conducted for the responses using Cronbach's Alpha and Kendall's Coefficient of Concordance and a value of 0.982 and 0.79 were obtained respectively. These responses were reliable according to the two tests conducted. The study found that the implementation of good corporate policies motivated the work force tremendously. Other motivators identified include salary, job security, promotional opportunities, job rotation and job enrichment.

TRACT The study was conducted to examine the rationale for entity cash management in Nigeria. We ... more TRACT
The study was conducted to examine the rationale for entity cash management in Nigeria. We examined 50
companies quoted in the Nigerian Stock Exchange over 22 years from 1995 through 2016. The analysis was
done by the use of Ordinary Least Square Method and Eview version 7. We found that cash holding is
dependent on corporate size, leverage, net working capital and return on total assets. From the correlation
matrix, cash holding level is positively related to cash flow variability, company size, growth opportunity,
investment in fixed assets, leverage, return on assets and net working capital Cash holding depends on
leverage and net working capital. Companies maintain much cash to be able to reduce the debt ratio or meet
urgent demand for repayment of debts. Corporation should strive to maintain an appropriate level of cash
holding as dictated by company size, leverage, net working capital and return on total assets.
Keywords: Corporate Cash Holding, Entity Cash Management, Cash Conversion Cycle

The study was conducted to examine the rationale for entity cash management in Nigeria. We examin... more The study was conducted to examine the rationale for entity cash management in Nigeria. We examined 50 companies quoted in the Nigerian Stock Exchange over 22 years from 1995 through 2016. The analysis was done by the use of Ordinary Least Square Method and Eview version 7. We found that cash holding is dependent on corporate size, leverage, net working capital and return on total assets. From the correlation matrix, cash holding level is positively related to cash flow variability, company size, growth opportunity, investment in fixed assets, leverage, return on assets and net working capital Cash holding depends on leverage and net working capital. Companies maintain much cash to be able to reduce the debt ratio or meet urgent demand for repayment of debts. Corporation should strive to maintain an appropriate level of cash holding as dictated by company size, leverage, net working capital and return on total assets.

This paper examined the value reliance of accounting information in financial service companies i... more This paper examined the value reliance of accounting information in financial service companies in Nigeria. Three research questions were raised which are: what is the relationship between return on net worth and share price? to what extent does dividend per share influence share price? to what extent does cash flow from operations affect share price? To address these questions, we used data from 2012-2018 of 20 financial service companies listed in the Nigerian Stock exchange. Eviews 10 was used to analyse the data collected for this study. Least square regression method was adopted to make our statistical decisions. After conducting Hausman Test, the result indicated that random effect is more appropriate than the fixed effect model. There is positive and significant relationship between share price and firm size. We also found that there is negative and insignificant relationship between DPS, EPS, CFO, BVS and SP. The study concluded that there is relationship between share price and firm size. Also we conclude that there is no value relevance between information in financial statements and share price. The details of cash flow, dividend per share, earnings per share, book value of share and dividend per share disclosed in financial statements will not necessarily influence share price. We therefore recommend to companies to always fully disclose all the information related to their operations especially information relating to their sales revenue and assets. Also we recommend that companies should diligently follow the International Financial Reporting Standards in preparation and presentation of their financial statements.

This study was designed to establish the effect of creative accounting on shareholders' wealth. I... more This study was designed to establish the effect of creative accounting on shareholders' wealth. Inventory valuation, depreciation policy and debtors ageing schedule were used as proxies for creative accounting. The study reviewed the theories and techniques of creative accounting as well as the determinants of shareholders wealth. Empirical studies on creative accounting were reviewed. So were the scandals caused globally by creative accounting? The study found that frequent changes in inventory valuation and in depreciation policy affect shareholders wealth. It found that frequent manipulation of ageing schedule for the purpose of determining bad and doubtful debts provision had no significant effects on shareholders wealth. The study recommends stricter monitoring of entities to ensure full disclosures of changes in accounting policies with a view to guarding against immoral behaviors.

International Journal of Economics and Management Studies, 2018