Godwin Ogbu | FEDERAL UNIVERSITY OF AGRICULTURE MAKURDI (original) (raw)
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Papers by Godwin Ogbu
GSU JOURNAL OF ACCOUNTING AND FINANCE, 2024
This study examines the effect of auditor attributes on audit reporting lag of listed deposit mon... more This study examines the effect of auditor attributes on audit reporting lag of listed deposit money
banks in Nigeria from 2013 to 2023. The study used audit firm size, audit workload, audit tenure
and audit opinion as proxy for auditor attributes. The requisite data for the study which was
obtained from audited annual reports of the listed deposit money banks were analyzed using
descriptive statistics, correlation and ordinary least square (OLS) technique of analysis with the
aid of SPSS Version 26. It was found that audit firm size has an insignificant effect on audit
reporting lag while audit workload and audit tenure have insignificant negative effect on audit
reporting lag. Audit opinion was found to have a significant negative effect on audit reporting
lag. Therefore, the study concludes that auditor attributes have the capacity to reduce audit
reporting lag of listed deposit money banks in Nigeria and recommends that, management of the
banks should present financial statements that have no or minimal errors, omissions and
misstatement as this will lessen the audit examination and probably reduce audit reporting lag.
Keywords: Audit firm size, audit tenure, audit workload, audit opinion, audit reporting lag
TSU International Journal of Accounting and Finance, 2024
The main aim of this study is to ascertain the effect of audit quality on market value of financi... more The main aim of this study is to ascertain the effect of audit quality on market value of financial services companies listed on the Nigerian Exchange Group (NGX). The population consists of 45 finance services firms listed on the Nigeria Exchange out of which a sample of 35 was used using purposive sampling technique. Using the ex-post facto research design, data were obtained from the annual reports of the companies for the years 2011 to 2021. The data were analyzed using the panel regression analysis and the descriptive statistics. It was found that audit opinion has a negative and insignificant influence on firm market value, audit tenure has a positive and insignificant effect on market value, while audit firm size and audit fees have significant influence on the firm market value. The study recommends that, because of the inverse relationship between audit firm size and market value of the firms, finance firms should consider the use of non-big4 audit firms for audit. Similarly, audit fees should be cautiously considered to balance the positive effect it has on the firm market value.
TSU-International Journal of Accounting and Finance, 2024
The main aim of this study is to ascertain the effect of audit quality on market value of financi... more The main aim of this study is to ascertain the effect of audit quality on market value of financial services companies listed on the Nigerian Exchange Group (NGX). The population consists of 45 finance services firms listed on the Nigeria Exchange out of which a sample of 35 was used using purposive sampling technique. Using the ex-post facto research design, data were obtained from the annual reports of the companies for the years 2011 to 2021. The data were analyzed using the panel regression analysis and the descriptive statistics. It was found that audit opinion has a negative and insignificant influence on firm market value, audit tenure has a positive and insignificant effect on market value, while audit firm size and audit fees have significant influence on the firm market value. The study recommends that, because of the inverse relationship between audit firm size and market value of the firms, finance firms should consider the use of non-big4 audit firms for audit. Similarly, audit fees should be cautiously considered to balance the positive effect it has on the firm market value.
GSU JOURNAL OF ACCOUNTING AND FINANCE, 2024
This study examines the effect of auditor attributes on audit reporting lag of listed deposit mon... more This study examines the effect of auditor attributes on audit reporting lag of listed deposit money
banks in Nigeria from 2013 to 2023. The study used audit firm size, audit workload, audit tenure
and audit opinion as proxy for auditor attributes. The requisite data for the study which was
obtained from audited annual reports of the listed deposit money banks were analyzed using
descriptive statistics, correlation and ordinary least square (OLS) technique of analysis with the
aid of SPSS Version 26. It was found that audit firm size has an insignificant effect on audit
reporting lag while audit workload and audit tenure have insignificant negative effect on audit
reporting lag. Audit opinion was found to have a significant negative effect on audit reporting
lag. Therefore, the study concludes that auditor attributes have the capacity to reduce audit
reporting lag of listed deposit money banks in Nigeria and recommends that, management of the
banks should present financial statements that have no or minimal errors, omissions and
misstatement as this will lessen the audit examination and probably reduce audit reporting lag.
Keywords: Audit firm size, audit tenure, audit workload, audit opinion, audit reporting lag
TSU International Journal of Accounting and Finance, 2024
The main aim of this study is to ascertain the effect of audit quality on market value of financi... more The main aim of this study is to ascertain the effect of audit quality on market value of financial services companies listed on the Nigerian Exchange Group (NGX). The population consists of 45 finance services firms listed on the Nigeria Exchange out of which a sample of 35 was used using purposive sampling technique. Using the ex-post facto research design, data were obtained from the annual reports of the companies for the years 2011 to 2021. The data were analyzed using the panel regression analysis and the descriptive statistics. It was found that audit opinion has a negative and insignificant influence on firm market value, audit tenure has a positive and insignificant effect on market value, while audit firm size and audit fees have significant influence on the firm market value. The study recommends that, because of the inverse relationship between audit firm size and market value of the firms, finance firms should consider the use of non-big4 audit firms for audit. Similarly, audit fees should be cautiously considered to balance the positive effect it has on the firm market value.
TSU-International Journal of Accounting and Finance, 2024
The main aim of this study is to ascertain the effect of audit quality on market value of financi... more The main aim of this study is to ascertain the effect of audit quality on market value of financial services companies listed on the Nigerian Exchange Group (NGX). The population consists of 45 finance services firms listed on the Nigeria Exchange out of which a sample of 35 was used using purposive sampling technique. Using the ex-post facto research design, data were obtained from the annual reports of the companies for the years 2011 to 2021. The data were analyzed using the panel regression analysis and the descriptive statistics. It was found that audit opinion has a negative and insignificant influence on firm market value, audit tenure has a positive and insignificant effect on market value, while audit firm size and audit fees have significant influence on the firm market value. The study recommends that, because of the inverse relationship between audit firm size and market value of the firms, finance firms should consider the use of non-big4 audit firms for audit. Similarly, audit fees should be cautiously considered to balance the positive effect it has on the firm market value.