Okwy Okpala - Academia.edu (original) (raw)
Papers by Okwy Okpala
Acta Universitatis Danubius: Oeconomica, 2019
This study examined the level of social and environmental disclosures in the annual reports of li... more This study examined the level of social and environmental disclosures in the annual reports of listed firms in Nigeria. It is an exploratory study utilising secondary data through the content analysis of annual reports of 84 sampled firms listed on the Nigerian Stock Exchange over a period of 2011 – 2016. Data were analysed using descriptive statistics. The study found that the level of SED in Nigeria has improved over the years with a slight improvement from previous years (n = 2056, 67.98%) even though social disclosure takes a higher proportion of such practices (n = 1668, 82.49%) compared to the level of disclosures on environmental issues (n = 388, 38.72%). The study recommends that government, regulatory agencies and financial institutions inspire responsibility on the part of firms towards environmental issues.
This research was carried out in order to examine the impact of audit independence on financial r... more This research was carried out in order to examine the impact of audit independence on financial reporting in Nigeria. The study aimed at examining, investigating and ascertaining the interaction between audit quality and corporate financial reporting in Nigeria. Hence, the study is a movement towards improving the quality of audit practice in Nigeria. In conducting this research both primary and secondary data were used. The study captured the opinions of respondents including auditors, shareholders, brokers, analysts, regulators, management, academics and others users of financial information. The primary data were got from three hundred and fifty returned and usable copies of questionnaire, while the secondary data were generated from the financial statements of forty annual reports of companies quoted on the Nigerian Stock Exchange. The data gathered were used to test the research hypotheses and answer some of the research questions. The study found a significant and positive rel...
International Business Research, 2011
Theoretical and Methodological Approaches to Social Sciences and Knowledge Management, 2012
Theoretical and Methodological Approaches to Social Sciences and Knowledge Management, 2012
LASU Journal of Employment Relations & Human Resource Management
Equality and non-discriminatory employment practices are rooted in the principle that all employm... more Equality and non-discriminatory employment practices are rooted in the principle that all employment decisions should be based on individuals’ ability to do a job, regardless of their personal characteristics that are not related to the requirements for job performance. Thus, this study highlights some of the discriminatory employment practices prevalent in Nigerian workplaces. The study is based on review and analysis of both primary and secondary data. The results revealed different forms of discriminatory employment practices among Nigerian organisations. It noted that, discriminations occur in Nigerian workplaces during restructuring and retrenchment, in managing compensation and promotion, training and development, maternity protection, recruitment and selection, use of agency work arrangement and in the design of work environment. The study concludes that there is high prevalence of discriminatory employment practices in Nigerian organisations. It is therefore, recommended tha...
African journal of business management
The study examined and compared the three modes of monetary exchange rates available in the Niger... more The study examined and compared the three modes of monetary exchange rates available in the Nigerian financial sector. The study utilized the data on the three alternative modes of monetary exchange rates, namely, Central Bank of Nigeria, Bureau de Change rates and Inter-bank rate against US Dollar. Time series was fitted to the three sets of data and the result examined for effective comparison. The results reveal that Central Bank of Nigeria yields the most stable exchange rate while Bureau de Change rates and the Inter-bank exchange rates fluctuate over the periods. Autoregressive integrated moving average (ARIMA) model was used to fit time series to the three sets of data. Findings reveal that there are variations in the performances of the three modes of exchange rates against US Dollar. The study concluded that Central Bank of Nigeria exchange rate is most stable while Bureau de Change and Inter-bank exchange rates to US Dollar fluctuate over the period under investigation.
businessjournalz.org
... size of audit fees is normally associated with a higher risk of losing the auditor&am... more ... size of audit fees is normally associated with a higher risk of losing the auditor's independence. ... that client size (measured from size of fees) could raise doubts as to independence. In Malaysia, the MIS By Law (Section B-1.98 on Professional Independence) has emphasized ...
African journal of business management
The study examined and compared the three modes of monetary exchange rates available in the Niger... more The study examined and compared the three modes of monetary exchange rates available in the Nigerian financial sector. The study utilized the data on the three alternative modes of monetary exchange rates, namely, Central Bank of Nigeria, Bureau de Change rates and Inter-bank rate against US Dollar. Time series was fitted to the three sets of data and the result examined for effective comparison. The results reveal that Central Bank of Nigeria yields the most stable exchange rate while Bureau de Change rates and the Inter-bank exchange rates fluctuate over the periods. Autoregressive integrated moving average (ARIMA) model was used to fit time series to the three sets of data. Findings reveal that there are variations in the performances of the three modes of exchange rates against US Dollar. The study concluded that Central Bank of Nigeria exchange rate is most stable while Bureau de Change and Inter-bank exchange rates to US Dollar fluctuate over the period under investigation.
International Business Research, 2011
In this study we examine the nexus between remittances and financial development (FINDEV) in Nige... more In this study we examine the nexus between remittances and financial development (FINDEV) in Nigeria from 1977 to 2009. Towards achieving the objective of this study, we employ both the ordinary least square estimation (OLSE) technique and the Generalized Method of Moments (GMM) estimator. Moreover, key diagnostic tests are carried out in order to ascertain model adequacy. We also use two indicators of FINDEV, namely: the ratio of money supply to GDP (m 2 /gdp) and the ratio of private credit to GDP (cps/gdp). The results generally indicate that remittances positively and significantly influence financial development in Nigeria, with the exception of the cps/gdp measure of FINDEV in the GMM estimation where the coefficient is insignificant. This implies that remittances augment liquid liabilities more than loanable funds in Nigeria, as remittances are likely used more for consumption purposes than for productive ventures in the country. Since remittances provide foreign exchange that is vital to both the internal and the external sectors of the economy, they should be encouraged via appropriate policy formulation and implementation. Financial intermediaries and institutions operating in Nigerian should also intensify the mobilization of remittances with the aim of making them important sources of loanable funds in the country.
Acta Universitatis Danubius: Oeconomica, 2019
This study examined the level of social and environmental disclosures in the annual reports of li... more This study examined the level of social and environmental disclosures in the annual reports of listed firms in Nigeria. It is an exploratory study utilising secondary data through the content analysis of annual reports of 84 sampled firms listed on the Nigerian Stock Exchange over a period of 2011 – 2016. Data were analysed using descriptive statistics. The study found that the level of SED in Nigeria has improved over the years with a slight improvement from previous years (n = 2056, 67.98%) even though social disclosure takes a higher proportion of such practices (n = 1668, 82.49%) compared to the level of disclosures on environmental issues (n = 388, 38.72%). The study recommends that government, regulatory agencies and financial institutions inspire responsibility on the part of firms towards environmental issues.
This research was carried out in order to examine the impact of audit independence on financial r... more This research was carried out in order to examine the impact of audit independence on financial reporting in Nigeria. The study aimed at examining, investigating and ascertaining the interaction between audit quality and corporate financial reporting in Nigeria. Hence, the study is a movement towards improving the quality of audit practice in Nigeria. In conducting this research both primary and secondary data were used. The study captured the opinions of respondents including auditors, shareholders, brokers, analysts, regulators, management, academics and others users of financial information. The primary data were got from three hundred and fifty returned and usable copies of questionnaire, while the secondary data were generated from the financial statements of forty annual reports of companies quoted on the Nigerian Stock Exchange. The data gathered were used to test the research hypotheses and answer some of the research questions. The study found a significant and positive rel...
International Business Research, 2011
Theoretical and Methodological Approaches to Social Sciences and Knowledge Management, 2012
Theoretical and Methodological Approaches to Social Sciences and Knowledge Management, 2012
LASU Journal of Employment Relations & Human Resource Management
Equality and non-discriminatory employment practices are rooted in the principle that all employm... more Equality and non-discriminatory employment practices are rooted in the principle that all employment decisions should be based on individuals’ ability to do a job, regardless of their personal characteristics that are not related to the requirements for job performance. Thus, this study highlights some of the discriminatory employment practices prevalent in Nigerian workplaces. The study is based on review and analysis of both primary and secondary data. The results revealed different forms of discriminatory employment practices among Nigerian organisations. It noted that, discriminations occur in Nigerian workplaces during restructuring and retrenchment, in managing compensation and promotion, training and development, maternity protection, recruitment and selection, use of agency work arrangement and in the design of work environment. The study concludes that there is high prevalence of discriminatory employment practices in Nigerian organisations. It is therefore, recommended tha...
African journal of business management
The study examined and compared the three modes of monetary exchange rates available in the Niger... more The study examined and compared the three modes of monetary exchange rates available in the Nigerian financial sector. The study utilized the data on the three alternative modes of monetary exchange rates, namely, Central Bank of Nigeria, Bureau de Change rates and Inter-bank rate against US Dollar. Time series was fitted to the three sets of data and the result examined for effective comparison. The results reveal that Central Bank of Nigeria yields the most stable exchange rate while Bureau de Change rates and the Inter-bank exchange rates fluctuate over the periods. Autoregressive integrated moving average (ARIMA) model was used to fit time series to the three sets of data. Findings reveal that there are variations in the performances of the three modes of exchange rates against US Dollar. The study concluded that Central Bank of Nigeria exchange rate is most stable while Bureau de Change and Inter-bank exchange rates to US Dollar fluctuate over the period under investigation.
businessjournalz.org
... size of audit fees is normally associated with a higher risk of losing the auditor&am... more ... size of audit fees is normally associated with a higher risk of losing the auditor's independence. ... that client size (measured from size of fees) could raise doubts as to independence. In Malaysia, the MIS By Law (Section B-1.98 on Professional Independence) has emphasized ...
African journal of business management
The study examined and compared the three modes of monetary exchange rates available in the Niger... more The study examined and compared the three modes of monetary exchange rates available in the Nigerian financial sector. The study utilized the data on the three alternative modes of monetary exchange rates, namely, Central Bank of Nigeria, Bureau de Change rates and Inter-bank rate against US Dollar. Time series was fitted to the three sets of data and the result examined for effective comparison. The results reveal that Central Bank of Nigeria yields the most stable exchange rate while Bureau de Change rates and the Inter-bank exchange rates fluctuate over the periods. Autoregressive integrated moving average (ARIMA) model was used to fit time series to the three sets of data. Findings reveal that there are variations in the performances of the three modes of exchange rates against US Dollar. The study concluded that Central Bank of Nigeria exchange rate is most stable while Bureau de Change and Inter-bank exchange rates to US Dollar fluctuate over the period under investigation.
International Business Research, 2011
In this study we examine the nexus between remittances and financial development (FINDEV) in Nige... more In this study we examine the nexus between remittances and financial development (FINDEV) in Nigeria from 1977 to 2009. Towards achieving the objective of this study, we employ both the ordinary least square estimation (OLSE) technique and the Generalized Method of Moments (GMM) estimator. Moreover, key diagnostic tests are carried out in order to ascertain model adequacy. We also use two indicators of FINDEV, namely: the ratio of money supply to GDP (m 2 /gdp) and the ratio of private credit to GDP (cps/gdp). The results generally indicate that remittances positively and significantly influence financial development in Nigeria, with the exception of the cps/gdp measure of FINDEV in the GMM estimation where the coefficient is insignificant. This implies that remittances augment liquid liabilities more than loanable funds in Nigeria, as remittances are likely used more for consumption purposes than for productive ventures in the country. Since remittances provide foreign exchange that is vital to both the internal and the external sectors of the economy, they should be encouraged via appropriate policy formulation and implementation. Financial intermediaries and institutions operating in Nigerian should also intensify the mobilization of remittances with the aim of making them important sources of loanable funds in the country.