Mina Irejeh - Academia.edu (original) (raw)

Papers by Mina Irejeh

Research paper thumbnail of Fama and French Three Factor Model

European journal of accounting, auditing and finance research, Apr 15, 2024

This study seeks to investigate the application of FF3FM in the Nigerian stock market. The study ... more This study seeks to investigate the application of FF3FM in the Nigerian stock market. The study examined the behaviour of stock returns in relation to market beta, firm size (market equity), and book-to-market equity (BE/ME) factors. Sixty-eight (68) sample size was selected from all stocks quoted on the Nigerian Stock Exchange (NSE) from 2013 to 2022. Time series regression analysis was adopted. Monthly excess portfolio returns were regressed on firm size, excess market returns and book-to-market-equity ratio. The findings showed a strong correlation between book-to-market equity variables, firm size, and excess stock market returns and predicted portfolio returns. This suggests that the variation in stock returns in the Nigerian stock market can be explained by the FF3FM.

Research paper thumbnail of Arbitrage in Port Operation and Maritime Performance in Nigeria

European journal of logistics, purchasing and supply chain management, Dec 15, 2023

Research paper thumbnail of The Effect of Capital Market on Industrial Development of Nigeria

European journal of accounting, auditing and finance research, Apr 15, 2024

The study examined the effect of capital market on industrial development in Nigeria for the peri... more The study examined the effect of capital market on industrial development in Nigeria for the period of 33 years spanning from 1990-2022. The independent variable employed in study are; market capitalization (MCAP), Industrial loan (INDL), Total volume (TV) and GFCF (Gross fixed capital formation), and industrial development proxy Industrial Output (INDOPT). Data were collected from the CBN Statistical Bulletin and World Bank data for 1990-2022. Data set was described using descriptive statistics, correlation analysis ARDL with the help of E-VIEW version 9.0. The study concluded that MCAP, TV have significant relationship with INDOPT both on the short & long run respectively, meanwhile GFCF has significant relationship with INDOPT only on the long run. The study thereby recommends that positive impact of total volumes calls for proper policies to be implemented so as to attract more investors to invest in the market. There is also need to relax some stringent registration and operating procedures to enable more people and organizations to participate in the market. There is also need to institute policies that will further increase the value of market transaction in the market.

Research paper thumbnail of Effect of Private Employment Agencies Recruitment Strategies on Organizational Effectiveness in the Hospitality Industry

Politehnika

The hospitality industry has become very competitive these days due to global creativity and inno... more The hospitality industry has become very competitive these days due to global creativity and innovations deployed in the delivery of services to teeming customers. To meet up with these tasking demands of remaining afloat in business, managers of hotels are considering the best or appropriate recruitment strategies to woo competent and amenable personnel who can apply these new methods of rendering the required services. Hence, this study examined the effect of private employment agencies recruitment strategies on organizational effectiveness in the hospitality industry, a study of selected hotels in Nigeria. A 10-item validated structured questionnaire served as the research instrument to 350 staff of the selected hotels in Delta, Enugu and Ekiti States, Nigeria. Out of the 350 sets of questionnaire administered, a total number of 345 (98%) were retrieved and five (2%) were rejected. Analytical tool used was multiple regression analysis. It was found that private employment agencie...

Research paper thumbnail of A Review of United Nations Development Programme Reports on Human Capital Development in Nigeria

The objective of this paper is to review the United Nation Reports on Nigeria Human Security and ... more The objective of this paper is to review the United Nation Reports on Nigeria Human Security and Development for 2015 and 2016 and to synthesize the selected indices of growth and development for policy formulation. More so, to compare and contrast the current socio-economic situation with the projections revealed by these reports. This survey (i)provides an overview of the socio-economic condition of the Nigerian state, (ii) reviews the literature provided by the 2015 and 2016 reports (iii)summarizes the methods and materials employed by the reports (iv) the report’s findings were critiqued vis-à-vis current economic realities and (v) recommendations. The review revealed that the hard economic situation in the country was compounded by 2016 recession and Covid-19 pandemic. It was also discovered that political sentiments and absence of political will were causes of underdevelopment in Nigeria. Based on this, the paper recommends that, governments at all levels should be accountable...

Research paper thumbnail of Fama and French Three Factor Model

European journal of accounting, auditing and finance research, Apr 15, 2024

This study seeks to investigate the application of FF3FM in the Nigerian stock market. The study ... more This study seeks to investigate the application of FF3FM in the Nigerian stock market. The study examined the behaviour of stock returns in relation to market beta, firm size (market equity), and book-to-market equity (BE/ME) factors. Sixty-eight (68) sample size was selected from all stocks quoted on the Nigerian Stock Exchange (NSE) from 2013 to 2022. Time series regression analysis was adopted. Monthly excess portfolio returns were regressed on firm size, excess market returns and book-to-market-equity ratio. The findings showed a strong correlation between book-to-market equity variables, firm size, and excess stock market returns and predicted portfolio returns. This suggests that the variation in stock returns in the Nigerian stock market can be explained by the FF3FM.

Research paper thumbnail of Arbitrage in Port Operation and Maritime Performance in Nigeria

European journal of logistics, purchasing and supply chain management, Dec 15, 2023

Research paper thumbnail of The Effect of Capital Market on Industrial Development of Nigeria

European journal of accounting, auditing and finance research, Apr 15, 2024

The study examined the effect of capital market on industrial development in Nigeria for the peri... more The study examined the effect of capital market on industrial development in Nigeria for the period of 33 years spanning from 1990-2022. The independent variable employed in study are; market capitalization (MCAP), Industrial loan (INDL), Total volume (TV) and GFCF (Gross fixed capital formation), and industrial development proxy Industrial Output (INDOPT). Data were collected from the CBN Statistical Bulletin and World Bank data for 1990-2022. Data set was described using descriptive statistics, correlation analysis ARDL with the help of E-VIEW version 9.0. The study concluded that MCAP, TV have significant relationship with INDOPT both on the short & long run respectively, meanwhile GFCF has significant relationship with INDOPT only on the long run. The study thereby recommends that positive impact of total volumes calls for proper policies to be implemented so as to attract more investors to invest in the market. There is also need to relax some stringent registration and operating procedures to enable more people and organizations to participate in the market. There is also need to institute policies that will further increase the value of market transaction in the market.

Research paper thumbnail of Effect of Private Employment Agencies Recruitment Strategies on Organizational Effectiveness in the Hospitality Industry

Politehnika

The hospitality industry has become very competitive these days due to global creativity and inno... more The hospitality industry has become very competitive these days due to global creativity and innovations deployed in the delivery of services to teeming customers. To meet up with these tasking demands of remaining afloat in business, managers of hotels are considering the best or appropriate recruitment strategies to woo competent and amenable personnel who can apply these new methods of rendering the required services. Hence, this study examined the effect of private employment agencies recruitment strategies on organizational effectiveness in the hospitality industry, a study of selected hotels in Nigeria. A 10-item validated structured questionnaire served as the research instrument to 350 staff of the selected hotels in Delta, Enugu and Ekiti States, Nigeria. Out of the 350 sets of questionnaire administered, a total number of 345 (98%) were retrieved and five (2%) were rejected. Analytical tool used was multiple regression analysis. It was found that private employment agencie...

Research paper thumbnail of A Review of United Nations Development Programme Reports on Human Capital Development in Nigeria

The objective of this paper is to review the United Nation Reports on Nigeria Human Security and ... more The objective of this paper is to review the United Nation Reports on Nigeria Human Security and Development for 2015 and 2016 and to synthesize the selected indices of growth and development for policy formulation. More so, to compare and contrast the current socio-economic situation with the projections revealed by these reports. This survey (i)provides an overview of the socio-economic condition of the Nigerian state, (ii) reviews the literature provided by the 2015 and 2016 reports (iii)summarizes the methods and materials employed by the reports (iv) the report’s findings were critiqued vis-à-vis current economic realities and (v) recommendations. The review revealed that the hard economic situation in the country was compounded by 2016 recession and Covid-19 pandemic. It was also discovered that political sentiments and absence of political will were causes of underdevelopment in Nigeria. Based on this, the paper recommends that, governments at all levels should be accountable...