Browsing by Author "Adegbie, Folajimi Festus"

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ENVIRONMENTAL ACCOUNTING AND REPORTING PRACTICES: SIGNIFICANCE AND ISSUES AND JOURNEY AHEAD IN NIGERIA CORPORATE ORGANISATION
(European Journal of Accounting, Auditing and Finance Research Vol.8, 2020) Alawode, Olufemi Peter; Adegbie, Folajimi Festus
Environmental accounting and reporting practices as an emerging trending issue is dynamically fruitful to the fulfilment of the yearnings and aspirations of the key stakeholders in the corporate set up. It introduces transparency and accountability particularly in the area of resources management more so with natural resources. It involves the identification, measuring and controlling of costs, liabilities and consequentially assets that may be affected in the course of ordinary business and it encompasses sustainability reporting as well. A combination of primary and secondary data revealed that environmental accounting is still at infancy and the need for an implementation roadmap backed by the necessary statutes will be desired to ensure that all the accruable benefits of environmental accounting and reporting are enjoyed.
MANAGEMENT INFORMATION SYSTEM AND QUALITY OF CORPORATE REPORTING IN NIGERIA
(International Journal of Business and Management Review Vol.8,, 2020) Alawode, Olufemi Peter; Adegbie, Folajimi Festus
With the whole world now a global village with all wired via computer systems the business system environment is then dominated by computerised technology. The purpose of this paper was to examine the effect of management information system as a process for improving the key variants of organisation functions as it affects revenue, cost, data security and consequentially the organizational achievement of contributing to the stakeholders welfare.There is hardly any distinction in the utilisation of management information system from small to large organisations, it’s a function of birds nesting according to size and thus the review is taken from the statutory compliance, customer database management and the safety of the data involved including the hardware devices. Accounting information system and the operational information system combined with separate or integrated forecasting and reporting tool are essential components of information management and most critically the people that will operate the system. The research design was descriptive survey to study and observe the influence of management information system in organizational success in a competitive cyber-crime prone environment. The analysis revealed that all proxies of management information system such as general information system, production simulation system, reporting package, forecasting tool have a significant positive effect on the statutory reporting compliance (Adjusted R2= 0.945, F-statistics = 351.505. : p= 0.000<0.05). All proxies of management information system have a significant positive effect on customer relationship management (Adjusted R2= 0.847, F-statistics = 113.534.: p= 0.000<0.05). The result also shows all proxies of management information system have a positive effect on data storage and security (Adjusted R2= 0.935, F-statistics = 291.517.: p= 0.000<0.05). Thus, the study concluded that the proxies of management information system considered have a significant positive influence on the quality of corporate reporting.
Taxpayers Behaviour and Tax Compliance Outcomes: Function of Tax Justice in Nigeria
(European Journal of Accounting, Auditing and Finance Research, 2022) Alawode, Olufemi Peter; Adegbie, Folajimi Festus
A successful fiscal policy particularly on tax administration is all about the efficiency, effectiveness and economy of tax compliance which measured by the compliance level. The objective for this study was to study the impact of Tax Justice on the taxpayers behaviour and consequential tax compliance. The principle of tax justice will be considered in the context of resolving a conflict of interest concern. This is because the contents of the tax system, particularly the determination of the level of tax charges and the regulations that apply to them, clearly demonstrate a contradiction between the interests of the government and those of the taxpayer. And it is in this framework that tax law must be supported in order to ensure that the contents of the tax system are of high quality. The primary data research design used with well structured questionnaire distributed online through the WhatsApp platform and responses obtained from 163 respondents out of 220 distributed, representing a 72% response rate. SPSS was used for the descriptive and inferential statistical analysis using the regression estimation and testing the data for quality assurance. The study found out that there is a positive significant relationship between tax justice and voluntary compliance outcomes, revenue compliance outcomes and integrity compliance outcomes. The study thus concluded that tax justice significantly impacts on the taxpayers behaviour and consequent compliance with the tax obligations.
Working Capital Management Impact on Economic Value Addition of the Poultry Industry in Nigeria.
(International Journal of Scientific and Research Publications, Volume 1, 2026) Alawode, Olufemi Peter; Adegbie, Folajimi Festus
The poultry industry as a key player under the category of Small and Medium-Sized Enterprises (SMEs) in the Agricultural sector makes critical use of the component of working capital and their contribution to the economy of the country is a direct variable of the value addition generated.The efficiency and judicious utilisation of the key components of the working capital components combined with the peculiarity and uncertainties associated with the Nigerian business environment can make or mar the success of such SMEs operating in the poultry industry and this is a focus of this study. The study employed survey design with cluster sampling approach. The study population is made up of Poultry farmers in 162 farms as registered with the Poultry Association of Nigeria-Ogun State Chapter with the total of 200 farm managers, this number exclude farm attendants and other non-managerial staff as they are task staff . The Cochran formula was used to obtain a sample size of 150. The owners/managers and other participants in these farms were selected through a multi-stage sampling technique which involves the stratified, proportionate, and simple random sampling method. The instrument validity was done through scrutiny and evaluation by the research supervisors and experts in the study area, and reliability was determined via Cronbach’s alpha coefficient computed from pilot study responses. By the use of instrument codes, responses were processed into quantitative data for descriptive and empirical analysis. The analysis revealed that all proxies of working capital management practices such as cash management, accounts receivable management, accounts payable management and inventory management have a significant positive effect on economic value addition of the poultry industry (Adjusted R2= 0.057, F-statistics = 2.485.: p= 0.035<0.05).Thus, the study concluded that working capital management proxies, of cash management, accounts receivable management, accounts payable management and inventory management, has a significant positive effect on the economic value added of poultry industry in Ogun State, Nigeria.