Open Access Case study

Attitudes of Undergraduate towards Teachers and the Teaching Profession: A Case Study of a Few Selected Departments of Management Faculty, Usman Danfodiyo University Sokoto State

Ufoaroh Ebele Theresa, Molokwu Ifeoma Mirian, Ezeanolue Uju Scholastica, Udemezue Annulika

Asian Journal of Economics, Business and Accounting, Page 1-16
DOI: 10.9734/AJEBA/2018/43713

In this study, Attitudes of undergraduates towards teachers and the teaching profession was examined to properly ascertain how the attitudes of undergraduate towards their teacher affect their chances of choosing teaching as their future profession. Two sources of the data were used for this research work; they are primary and secondary sources of data. A total population of (6280) students and lecturers combined were deemed suitable to take part in this research study after the approval of my letter to the dean faculty of management sciences, Usman Danfodiyo University Sokoto state for permission to carry out this research work was granted. Yaro Yamani sampling technique was used to determine the sample size for this research in which it scientifically selected three hundred and seventy six (376) respondents for the study. Questionnaires were given to the respondents of which some were completely answered and returned. The descriptive statistical method was applied to analyze the data that were produced for this study. This was further helped by tables showing questions from the questionnaire, the response of Yes and response of No, and their percentages. The general regression analysis was used to test the relationship between the variables while goodness-of-fit statistical analysis was used to test the significance of the variables. This research study reveals that undergraduate’s attitude towards their teachers to a large extent influence their choice of profession. This means that students are dependent on their lecturers/teachers, guardians, parents and government to guide them towards choosing a better career choice and at the same time see teaching profession for which they really are and not the widely negative assertions they grew up with.

Open Access Case study

Ecological Planning and Sustainability of Persons Owned Businesses in Delta State, Nigeria

Ugochukwu Orajaka

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/AJEBA/2018/40992

A large number of Personal owned Businesses (POB's) in Delta State that have either closed shop or stopped functioning properly at the demise of the owner/manager as a result of what appears to be lack of proper succession planning necessitated this study. The broad objective of the study was to examine the place of succession planning in the sustainability of selected Family-Owned Businesses (POB's) in Delta State. Survey research design was adopted for the study. The population of the study consisted of 275 POB’s comprising of 50 incorporated POB’s and 225 unincorporated POB. The complete enumeration was adopted. Data was collected through the use of the questionnaire and analysed using Pearson's Product Moment Correlation Co-efficient to test for relationship and t-test to examine the mean difference. Findings revealed that mentorship has a high positive significant relationship with sustainability (r = .858 p < .05) and that there is no statistical difference between the perceptions of selected incorporated POB’s and unincorporated POB’s on succession planning in Delta State (t = -218 p > .05). The study concluded that mentorship is very germane in the quest to perpetuate the existence of family businesses and therefore recommended that POB's should see mentorship as a process that is gradual and not rushed towards the end; the owner/managers of POB's should ensure that they first of all ensure that they make the people who will take over to be genuinely interested in the business and that owner/founders should see succession as a process of sustaining their businesses for long rather than a process of relinquishing power and control.

Open Access Original Research Article

Fiscal Policy Instruments and Wagner’s Hypothesis: The Nigerian Experience

A. Kola Adegoke, Yusuf Olatunji, Oyedeko .

Asian Journal of Economics, Business and Accounting, Page 1-8
DOI: 10.9734/AJEBA/2018/43058

The study examines the impact of fiscal policy instruments on the Nigerian economic growth using time series annual data from 1981-2016. Data on fiscal policy instruments was proxied with government recurrent expenditure, government capital expenditure, public domestic debt, and public external debt while data on economic growth was proxied with GDP. The data were analysed through vector error correction model. The study found that recurrent expenditure exerts negative impact on economic growth while capital expenditure exerts positive impact on economic growth in Nigeria. Also, public domestic debt exerts negative impact on economic growth in the long-run while public external debt exerts positive impact in the long run on economic growth. The study concludes that Wagner’s hypothesis partially holds in Nigeria due to high level of corruption in the country. In view of this conclusion, Nigeria government should refocus and redirect government expenditure towards production of goods and services so as to develop the real sector of the economy and enhance economic growth in the country.

Open Access Original Research Article

Can Big4 Auditors Mitigate the Real Earnings Management? Evidence from Nigerian Listed Firms

Armaya’u Alhaji Sani, Rohaida Abdul Latif, Redhwan Ahmed Al-dhamari

Asian Journal of Economics, Business and Accounting, Page 1-10
DOI: 10.9734/AJEBA/2018/44584

In this study, we examine the impact of Big4 auditors on the real earnings manipulation of listed companies in Nigeria. The paper uses the sample of 80 non-financial companies listed on the floor of Nigerian Stock Exchange for the period between 2012-2016. The data was extracted from the annual reports of the sampled companies and Thomson Reuters Data stream. Using a panel data regression with standard error, the result shows that Non Big4 auditors are more likely to mitigate the real earnings manipulation since they have better knowledge on the local operating environment compared to Big4 auditors. Interestingly, we find that CEO financial expertise plays a significant role in reducing the frequency of real earnings manipulation. The finding informs the regulators and other stakeholders on the roles of local auditors in restraining the trend of real activities manipulation in Nigeria.

Open Access Original Research Article

Internal Audit Function and Management Support in Nigerian Public Tertiary Institutions

Godwin I. Ebirien, Nsima J. Umoffong

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/AJEBA/2018/43725

Aims: This study examined the extent of management support for Internal Audit Function (IAF) in Nigerian public tertiary institutions as well as the determinants of management support for IAF.

Study Design: The research adopted a survey research design.

Place of Study: The study was carried out in the South-South and South-East geo-political zones of Nigeria.

Methodology: Data were collected using a survey questionnaire administered to the heads of IAF in Nigerian public tertiary institutions. The data were analysed using Stata 12. The study established the extent of management support for IAF by interpreting the overall mean responses of the heads Internal Audit Units. The study then formulated four hypotheses and tested them using ordinary least square method of multiple regression.

Results: The study found evidence that there was no significant management support for IAF in Nigerian public tertiary institutions in the dimensions of funding, training and skill development, and use of IAF reports. Conversely, it found management support for IAF in the dimension of access to information. The study further documented that the relationship with external auditor was positively and significantly related to management support. Finally, it found evidence that management- internal auditor relationship was negatively and significantly related to the management support.

It, however, did not find evidence that the age and size of the Nigerian public tertiary institutions were the determinants of management support for IAF.

Conclusions: The study concluded that management should increase its support to the IAF in the dimensions of funding, training and skill development and use of IAF report. It is recommended that the internal auditor should constantly evaluate his/her relationship with external auditors and management. Finally, it is also recommended that future studies should increase the dimensions of management support.