Effect of Board Knowledge Capital on Organizational Performance of Listed Companies in Nigeria (Published)
The study investigated the effect of board knowledge capital on organizational performance in Nigeria. The study, anchored on the Resource Dependence Theory, adopted the ex post facto research design and obtained relevant data from financial statements of sampled manufacturing companies for the period 2012 to 2021. Findings of the study indicated that board educational qualification, and board work experience have a positive and significant positive effect on organizational performance. The study further revealed that board financial literacy and board international experience have positive but not significant effect on organisational performance of listed manufacturing companies in Nigeria. The study concludes that board knowledge capital influences organizational performance of listed manufacturing companies in Nigeria and recommends amongst others that shareholders who have been saddled with the primary responsibility of selecting board of directors must focus on a more comprehensive board selection process that prioritizes educational qualifications and relevant experience.
Keywords: Return on Assets, educational qualification, knowledge capital; organisational performance, work experience
Impact of Liquidity Risk on Firm Specific Factors: A Case of Islamic Banks of Pakistan (Published)
The major objective of the study is to develop a model and to test the relationship among liquidity risk and firm performance through its facets. The main facets of firm performance in the study are i-e profitability, firm size, leverage, share prices and earnings on assets. The present study mainly attempts to analyses qualitative, quantitative & contextual relationship of liquidity risk in Pakistan. Moreover, liquidity risk is less investigated in Pakistan and mainly regarding Islamic banking sector with respect to current data. Therefore, study is mainly investigated on the fourth pillar of significance i-e contextual significance. While, Islamic banking sector of Pakistan is investigated in current study. And the data is acquired from state bank of Pakistan database and through annual reports of the banks. Though, the study has supported past investigations results. Hence, the study has revealed key findings that will be fruitful for theorists, educationists and research scholars as well.
Keywords: Contextual study, Islamic banking, Leverage, Liquidity risk, Pakistan, Profitability, Return on Assets, bank size
Effect of Sustainability Accounting and Reporting on Financial Performance of Firms in Nigeria Brewery Sector (Published)
This paper evaluates the effect of sustainability accounting on the financial performance of listed manufacturing firms in Nigeria. Firms used for the study were chosen from the Nigerian brewery sector. Data were sourced from the financial statements of three sampled firms. Data were analysed using the ordinary linear regression. The study reveals that sustainability reporting has positive and significant effect on financial performance of firms studied. Following the findings, the study recommends that firms in Nigeria should invest reasonable amount of their earnings on sustainability activities while specific accounting templates be articulated by professional accounting regulating bodies to guide firms’ reportage on sustainability activities. The Financial Reporting Council of Nigeria (FRC) and others alike should make sustainability reporting compulsory while adequate sanctions are spelt out and enforced on defaulting organizations to serve as a deterrent
Keywords: Financial Performance, Nigeria, Return on Assets, Return on Equity, sustainability accounting