Department of Management & Accounting

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Department of Management and Accounting

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    Point-of-Purchase Promotion Strategies and Brand Patronage of Drugs in Pharmaceutical Stores in Ibadan, Oyo State, Nigeria
    (Lead City University, 2022) Abiodun Sakiru ALI
    Choosing an appropriate brand of drug to buy becomes a big issue of concern in an environment like Nigeria with high prevalence of self-prescription/medication and unrestricted access to purchase both prescription and OTC drugs with undesirable consequences. The problem is worsened further by uncontrolled POP advertising of even prescription drugs. This study investigated the necessity of POP promotions, in what ways and to what extent do they influence decision-making when choosing brand of drug to buy. This study is a deductive, qualitative research, guided by the theories of brand awareness and brand loyalty, to evaluate the causal relationships between the independent variables of point-of-purchase promotion strategies and the dependent variables of brand patronage (choice) of drugs. A questionnaire and focus group discussion were adopted for collecting primary data. For the questionnaire, 1760 respondents were selected using non-probability quota and purposive sampling technique, while 74 registered pharmacies were selected through probability random sampling and later, non-probability convenience sampling techniques. Content validity, reliability and ethical considerations were the adopted quality criteria. The data collected was analyzed using the Statistical Package for Social Science (SPSS) version 23 and presented as descriptive statistical analysis such as frequency distribution tables, percentages, mean, standard deviation, bar and pie charts. The hypotheses were tested using regression analysis and ANOVA Major findings suggest that POP promotions in drug marketing exert positive influences on brand awareness, development of brand attitude, some dimensions of brand loyalty, no significant influence on impulse purchase, while there is no significant difference between the influences of POP promotions on choice of branded prescription and OTC drugs. This confirms that POP promotions have positive influence at the cognitive, attitudinal and behavioral levels of decision making for choosing brands of drugs to buy, particularly within the context of purchasers/consumers in a developing/emerging country like Nigeria Keywords: Pharmaceutical Marketing, Point-of-Purchase Promotions, Brand Patronage (Brand Choice). Word count: 299
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    Public Financial Management and Performance of selected Federal Research Institutes in Oyo State, Nigeria
    (Lead City University, 2022) Fadare Oludare Oladimeji
    This research examined the effect of Public Financial Management on Performance of federal research institutes in Nigeria. This research is conducted to examine the extent to which TSA implementation affect the performance of federal research institutes in Nigeria; investigate the influence of IPPIS on the performance of federal research institutes in Nigeria and ascertain the relationship between GIFMIS and performance of federal research institutes in Nigeria. Primary data is used to carry out this work. The population were the personnel of the selected federal research institutes. 360 copies of questionnaire were fielded out of which two hundred and ninety-eight (298) were adequately filled. The data was analyzed using descriptive and inferential statistics technique and Pearson’s correlation test. The result revealed that the implementation of TSA positively affect the performance of federal research institutes in Nigeria with (B= 0.374, t= 1.981, p<0.05). The correlation coefficient shows that TSA had a positive but weak significant association with the performance of selected federal research institutes in Oyo state. Nigeria;(r = 0.114, p< 0.05). It also depicts that IPPIS positively influence performance of federal research institutes in Nigeria with (B= 0.376, t= 6.091, p<0.05). The correlation coefficient shows that IPPIS had a positive weak significant relationship with the performance of federal research institutes in Nigeria (r =0.334, p<0.05). Finally, it shows that there is a strong positive relationship between GIFMIS and performance of federal research institute in Nigeria (PERF) (r = 0.526, p<0.05). The study recommended that government should strengthen the systems in place to accelerate government operations in executing its function and also fosters transparency and accountability in government activities. The government should support the law enforcement apparatus to effectively manage and curb revenue leakages. Also the government must improve the public sector accounting and auditing standards, and restructure the public account committees to enhance accountability of public resources. Keywords: Performance, TSA, IPPIS, GIFMIS and Public financial management. Word Count: 298
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    Dividend Policy and Share Price Volatility of Deposit Money Banks in Nigeria
    (Lead City University, 2022-12) Adewale Abdul, ADESANYA
    Dividend policy and Share price are critical decision area, these are one of the most important financial policies decision, not only from the viewpoint of financial institutions, but also from that of the shareholders and other stakeholders. This Thesis examined the impact of dividends policy and share price volatility of quoted deposit money banks in Nigeria in relation with the restriction of dividend payments as spelt out in Section 17 of the Banks and Other Financial Institutions Act (2007). The objectives of the study were: to ascertain the relationship between dividend pay-out ratio; earnings per share; profit after tax; and market value of shares. The panel data research design methodology was adopted using secondary data. The secondary data were obtained from annual reports of the ten quoted deposit money banks. The multiple regressions and Least Square method was used to test the relationship between the variables for the period 2017-2021. The results showed that dividend policy has a positive significant impact on share price of deposit money banks in Nigeria (coefficient of Dyield = -3.0365, p-value = 0.035). The study concluded that dividend policy is a pertinent corporate finance function and financial policy decision which affects the share price of deposit money banks in Nigeria not only from the view point of the banks’ shareholders but also from that of stakeholders such as employees and regulatory bodies. The study therefore recommended that, managements of quoted deposit money banks should take all necessary steps to ensure that they remain profitable. They should pay attention to their dividend pay-out in order to sustain their shareholders' wealth and attract prospective investors. Keywords: Dividends policy; Share price; market value; deposit money banks. Words: 278
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    Performance Evaluation Reports and Employee Behavioural Outcome in Citizenship and Leadership Training Centre (A Federal Government Agency in Nigeria)
    (Lead City University, 2022-12) Adepoju Ismaila AROWOLO
    Employee performance in public sector which transformed into organisations performance deemed to have nosedived in government agencies in Nigeria including agency used for this study. Employee behaviour in government organisations is also deemed to be of no enthusiasm especially in the area of job performance, commitment and satisfaction, all these are characterized by stagnation, corruption, nepotism and quick money-making syndrome and ineffective reward system. This study examined the mediating effect of performance evaluation, leadership role on behavioural outcome in the agency and was anchored on contingency theory and theory of expectation. A descriptive method was adopted, the population of the study was 275 same with the sample size. Questionnaire was distributed to 275 respondents and the response rate is 88.36 percent and significance level for all analyses was 5%. The data was analyzed and the results showed on the strength of the specific indirect impact (β= 0.243, t= 2.295; p= 0.022) and Q2 value (0.273, 0.243), and concluded that leadership role significantly mediate the interaction between performance evaluation and employee behavioural outcomes in the agency. It is recommended that the government agency should be more innovative and adopt the Key Performance Indicators that is strategic, functional and custom-made to their operations. It crucial that the agency should consistently focusing on contingency leadership style that triggers high level of motivation and inspire the entire employee of the organization. Similarly, comparative studies on constraint of performance evaluation reports and employee behavioural outcomes in other government agencies should be considered in future studies. Future studies may also consider the longitudinal survey design to explain interaction between performance evaluation, leadership role and employee behavioural outcome in Nigeria. Factors like good government policies, regulations and amendment of relevant laws on compensation and pension are resilience and strategic factors for future studies. Keywords: Performance Evaluation, Leadership Role, Behavioural Outcome, Management by Objective, 360 Degree Feedback, Turnover Intention, Job Commitment, Job Satisfaction Words counts: 297
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    Production Planning and Profitability of Selected Fast-Moving Consumer Goods Companies in Nigeria
    (Lead City University, 2022-12) Adeolu Ayodeji ADELODUN
    In past years, the Fast-Moving Consumer Goods (FMCG) companies in Nigeria have been facing declining Profitability due to macroeconomic changes, reducing consumer purchasing power, and Central Bank of Nigeria (CBN) policies. Review of extant FMCG annual reports shows growing operational concerns despite marginal revenue improvement. In the light of this, this study examines the effect of production planning on the profitability of selected FMCG companies in Nigeria from 2011 to 2020. Correlational research design and ex post facto method were employed using secondary data obtained from the annual reports of the firms on the Nigerian Stock Exchange website. Three (3) theories namely: Theory of Constraint, Theory of Production and Pecking Order were used with the theory of constraint underpinning the study. The population of the study consists of 21 firms, and the sample size of the study comprised of 8 firms selected using purposive technique. The robust random effect regression analysis proved that inventory turnover (P = 0.047*, Coeff = 0.013, T-Stat = 2.30) and workforce productivity (P = 0.026*, Coeff = 0.056, T-Stat = 2.72) have a positive and significant effect on the profitability of the selected FMCGs. In contrast, capital structure has a negative and significant effect (P= 0.000*, Coeff = -0.003, T-Stat = -6.43) on the profitability of the selected FMCGs. The study concluded that inventory turnover and workforce productivity improve the profitability of listed FMCGs in Nigeria, also capital structure has negatively influence on the profitability of the selected FMCGs in Nigeria. The study recommended that management of FMCGs companies in Nigeria should focus on strategic inventory management, improve the working environment, and structure their capital need with focus on equity to improve profitability. Keywords: Capital structure, Fast Moving Consumer Goods, Financial performance, Inventory management, Production planning, Workforce productivity, Word Count: 278
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    Branding strategies and Consumer Patronage of Fast Moving Consumer Goods in Oyo State
    (2022-12) Abimbola Toun FALUYI; Oyindamola Abiodun ADELESI
    This study deals with the impact of branding strategies and Consumer patronage of fast moving consumer goods. It is a trending fact that consumers are more inclined to branded products as opposed to unbranded ones when choosing a choice of product in the market. We would be understanding the roles that Brand Awareness, Brand Loyalty, Brand Image, brand equity and Pricing strategy plays on the patronage of FMCG in Ibadan. This study adopts the survey research design which helps to directly show people’s opinions, attitudes and emotion among other subjective characters. The data for this survey was collected from 323 employees of Procter and Gamble Company in Nigeria (P&G) in Oyo state using the convenient sampling method. The data retrieve was analyzed using SPSS 23.0. From this study, it is discovered that branding strategies has a significant on consumer patronage of fast moving consumer goods in Nigeria. The results also shows that all four branding strategies were of significance in influencing the consumers patronage variables. The regression coefficient, t statistic, and p-value for the model show that Brand Awareness (β=.480, t=8.142, p<0.05); Brand Image (β=.657, t=8.418, p<0.05); Brand Equity (β=.398, t=6.819, p<0.05) and Pricing Strategy (β=.328, t=7.743, p<0.05) exerts a positive and statistically significant effect on patronage intentions. Hence, the null hypothesis was rejected and the study conclude that Brand Awareness, Brand Image, Brand Equity and Pricing Strategy have a significant influence on patronage intentions of fast moving consumer goods in Ibadan, Oyo state. Therefore, we recommended that The FMCG companies in Nigeria should pay much attention to the influences of brand awareness, brand image, brand equity and pricing strategy as it increases consumers purchase intentions. They should engage always in more branding strategies, and set up a more effective branding management department with experienced staff to help align these branding strategies with the company’s goals and objectives. Keywords: Branding Strategies, Consumer Patronage and Fast Moving Consuming Good Word Count: 308
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    Feedback Management System for a Confidential Evaluation of Teachers Performance
    (Lead City University, 2022-12) Feranmi Emmanuel ADEJUWON; Bola Oluwaseun KOYENIKAN
    This study aims to study the impact of insurance risk management practices and supply chain technological innovation performance of two manufacturing companies in Lagos State. The study formulated four research hypotheses, and questionnaires distributed to 212 respondents at Richmond Paper & Packaging Ltd and Nucleus Ventures Ltd. One hundred fifty (150) copies of the questionnaires were retrieved. This study showed that most companies operate for a long time. The study demonstrated that risk management practices have an impact on organizational performance, as risk mitigation was the most influencing organizational performance, followed by risk identification, risk assessment, and risk control, and the least impact was the implementation of risk management. All risk management practices have a positive impact on organizational performance. The research recommended that companies should take cost-effective measures to identify risks in a timely manner and effectively mitigate risks companies in manufacturing companies should educate their employees about the importance of risk management and their practices and they must continuously evaluate risk management practices to ensure that they are still able to remain in a technological innovative work environment. The current study was conducted on manufacturing companies. Therefore, researchers recommend in the future, to collect more data over a longer period of time to verify the validity of the current model and measuring instrument. Word Count: 215 words Key Words: Insurance, Risk Management, Supply Chain, Technological Innovation, Performance.
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    Income Taxes, Incentives and Financial Performance of Small and Medium Enterprises in Nigeria
    (Lead City University, 2022-12) Adewale Olusesan TAIWO
    This study examined the effects of income taxes, incentives on the financial performances of Small and Medium Enterprises (SME) in Nigeria. Despite the role of SMEs in the economy, the financial constraints they face in their operations are daunting, thereby limiting their potentials to drive the economic and overall development as expected. This research investigates the extent to which various income taxes and tax incentives affects financial performances of SMEs in Nigeria. This work fills the research gap from previous studies, by aggregating the income taxes, incentives on financial performance of SMEs, guided by relevant theories in relation to taxes on benefits received, ability to pay, neo-classical theory on incentives and the normative theory. This study adopted a longitudinal research design, the use of secondary data, as well as ordinary least square regression technique and time series data. The population consists of 41.5 million SMEs in Nigeria. Whilst the numerical values of model coefficient was through the use of E-views version 9. The findings revealed that all the independent variables asides the company income tax, have a significant effect on the dependent variable. The results (F-statistics 451.9009, P, 0.00<0.05 and R2- 0.983139), also indicated that the estimated model is appropriate. This study concludes that the financial performance of SMEs in Nigeria, is driven by income taxes and tax incentives. It also recommends more incentives and reduced tax rates by the government for SMEs. Future research should be made towards other categories of taxes and incentives, to measure their effect on both government revenue and the financial performance of SMEs. Keywords: Financial Performance, Income Taxes, Tax Incentives, Small and Medium Enterprises Word Count: 270
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    Internal Control and Organizational Performance of Selected Deposit Money Banks in Nigeria.
    (Lead City University, 2022-12) Iyabode Kurfilat HASSAN
    This study investigated the relationship between internal control and organizational performance of selected deposit money banks in Nigeria with specific objectives to determine the impact of risk assessment on the performance of DMBs in Nigeria; evaluate the relationship between monitoring activities and performance of DMBs in Nigeria; and establish the impact of control activities on the performance of DMBs in Nigeria. It is expected that effective internal control mechanisms in any organization assist to improve the achievement of organization’s goals and objectives. As it is yet to be determined whether or not the internal control mechanism has a major impact on performance of DMBs in Nigeria, this study was prompted by the fact that there are still numerous unresolved issues in Nigeria's DMBs' internal control mechanisms. Primary data was collected using questionnaires administered to top level employees and other employees of 11 banks using a purposive random sample of 150 respondents out of which 97 responses were collected. The data were analyzed using descriptive statistics, correlation analysis, exploratory factor analysis and regression with aid of Statistical Package for Social Sciences (SPSS) version 26. The result of the analysis shows that risk assessment, monitoring activities and control activities each have a positive and significant impact on financial, non financial and overall organizational performance DMBs in Nigeria. Based on the research findings it can be concluded that internal control mechanism is a significant predictor of organization performance and that effective internal control systems must incorporate the effects of risk assessment, monitoring and control activities to enhance organizational performance of DMBs. The study therefore recommended that internal control systems especially risk assessment, monitoring activities and control activities are significant areas and management of DMBs in Nigeria should give great attention to them in order to improve organizational performance. Keywords: Risk assessment, Monitoring Activities, Control Activities, Financial performance, Non financial performance.
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    Microfinance Credit and Financial Performance of Small and Medium Scale Enterprise in Oyo State, Nigeria
    (Lead City University, 2022-12) Mojisola Oladunni JACOB-UDEME
    The impact of microfinance credit on the financial performance of small and medium scale Enterprises in Oyo state Nigeria was the focus of this study. It examines the impact of microfinance credit and financial performance of small and medium scale enterprise, ascertain the extent to which customers has benefited in the microfinance activities and the relationship between small and medium scale enterprise in the study area. This was done with the view of providing information on the effectiveness of microfinance credit and performance of small and medium scale enterprise. This study was a survey research design of correlational type. Two hundred and fifteen Small and Medium Scale enterprise owner who are clients of microfinance were selected using convenient sampling techniques as respondents. Primary data were collected using questionnaires over a space of two months from the participants thus giving a rich pooled primary data analysis. The reliability of the scale and its components were established by test-retest and Cronbach reliability score of 0.78. Data collected were analysed using descriptive (frequency count and percentage) and inferential (Multivariate Tests, estimated means and multivariate analysis) statistics. The result show that 81 (37.7%) of the population are B.Ed/B.Sc/HND holders, while 55 (25/6%) are SSCE holders, 37 (17.2%) possess NCE/ND certificate, 29(13.5%) have postgraduate degrees and 13 (6.0%) of the population have Trade certificates. The inferential analysis revealed that impact of gender F(1,214)= 3.227, age F (5.214)= 4.04, marital status F (3.214)= 3.41, educational background F (4,214) =20.64 and business type F (4,214)= 3,65 on accessibility and Constrain to microfinance credit were significant where p < 05. Based on the finding conclusion was reached and some recommendations made. Recommendation includes credit facilities to small and medium enterprises should be provided using minimal interest rate and collateral. In addition, microfinance banks should be less aggressive in pursue. Keywords: Microfinance, credit, financial Performance, small and medium scale, enterprise Word count: 301
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    Financial Deregulation and Performance of Deposit Money Banks in Nigeria
    (Lead City University, 2022-12) Maroof Dare ADETORO
    Banking in African like Nigeria has been undergoing gradual but stable since the turn of the 1990s, following the widespread introduction of financial reforms aimed at improving competition and efficiency. One of the most complex issues facing government is identifying the appropriate level and form of intervention in banking sector when these failures occur. In the light of this, the study examined financial deregulation and performance of deposit money banks in Nigeria. Simple random sampling technique was adopted for this study. Also, expo factor research design is adopted for this study since is a secondary data and both descriptive and inferential statistical tools were also employed with this study. This study also employed multiple regression model and Pearson Product Moment Correlation Coefficient (PPMCC) was used to analyze the nature of the variables. Given a P- value of 0.0261, R2 of 0.8526 and admitted R2 of 0.7346. Results from the analysis revealed that the combined effect of financial deregulation indicators on economic development is significant given a P- value of 0.0073, R2 of 0.9132 and adjusted R2 of 0.8526 and adjusted R2 of 0.7346. Also, the analysis revealed that the combined effect of financial deregulation indicators on economic development is significant given a P- value of 0.0073, R2 of 0.9132 and adjusted R2 of 0.8438. The study further shows that financial deregulation indicators exhibited a centered significant effect on the performance of Nigerian deposit money banks following the joint significant value of P = 0.0036, R = 0.8001, adjusted R2 = 0.6401. In view of the findings, the study thereby recommended that there is need to strengthen the surprising abilities of the regulation bodies. This will go a long way in building confidence in the financial sector and enables the sector to discharge its financial intermediation role efficiently. Keywords: Deposit Money Banks, Financial Deregulation, Financial Performance, Deregularisation Word Count: 297
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    Transfer Pricing Regulations and Tax Revenue Generation in Nigeria
    (Lead City University, 2022-12) Cletus Inisor, ADIE
    The financial link between States and their citizens is established by taxation, making tax revenue the core of any country's revenue base. However, multinational companies' habitual questionable profit-shifting practices have become commonplace and this resulted in the enforcement of transfer pricing regulation to curb the menace. Hence, the study examined the effect of Transfer Pricing Regulations (TPRs) on tax revenue generation in Nigeria. This study adopted a cross-sectional survey research design, and the population was 749 staff of Federal Inland Revenue Service (FIRS), Nigeria. All the 575 staff of FIRS in Lagos State were used as the unit of analysis hence the adoption of total enumeration method. A validated questionnaire was used to collect data. The Cronbach’s alpha reliability coefficients for the constructs ranged from 0.65 to 0.95. A response rate of 85.7% was achieved for the study. Data were analysed using descriptive and inferential statistics. Findings revealed that the level of tax profit pre￾reform was low given the mean value of 2.05. TPRs had significant relative effect on tax profit post reform (Adj. R 2 =0.373, p < 0.05, Q2 =0.322). TPRs had combined significant effect on tax revenue performance (R 2 =0.321 p < 0.05, Q2 =0.262). Institutional capacity has significant and full mediating effect on the interactions between TPRs and tax revenue performance in FIRS, Nigeria (β=0.286, t= 2.211, p < 0.05). This study concluded that TPRs affects tax revenue performance in Nigeria. The study recommended that management of FIRS to re-energize their commitment to TPRs implementation, compliance, and audit to improve revenue collection. Also, FIRS need to continue re-evaluating their strategic planning capability and develop their human resource capability through constant training and upskilling. This is critical as they possess the capacity to explain the positive influence of TPRs on tax revenue performance for FIRS, Nigeria. Keywords: Federal Inland Revenue Service, Institutional capacity, Multinational companies, Tax revenue performance, Transfer pricing regulation. Word Count: 298 T
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    Influence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria
    (Lead City University, 2022-12) ADEYEMI, Sunday Moses
    The study examines the influence of training and development on employee retention in deposit money banks, Kwara State, Nigeria. Specifically, the study examine the effect of training on performance, also determine the impact of development on employee retention, the effect of motivation on productivity, effects of training and development on employee job satisfaction and measures that can curtail under-performance by the staff of deposit money banks in Kwara State, Nigeria, were all examined by the study. Participants of the study were selected from 595 junior and senior staff of Deposit Money Banks in Kwara State, Nigeria. Pearson Moment Correlation was used to analyse the formulated hypotheses at a 0.05 level of significance. From the research findings, the relationship between training and development and employee performance is very high, positive and significant (r = 0.975, p<0.05). Furthermore, the research found a strong and significant link between training and development and staff retention in Deposit money banks (r = 0.733, p<0.05). Similarly, the result revealed a positive and significant relationship between motivation and productivity among employees of deposit money banks (r = 0.560, p<0.05). Also, the study revealed a positive and significant relationship between training and development and employee job satisfaction (r = 0.416, p<0.05). Finally, the study revealed a high and positive relationship between the indicated measures that curtail measures under-performance by the staff of deposit money banks (r = 0.794, p<0.05). Hence, the study recommends that deposit money banks management give maximum importance to these dimensions, significantly impacting overall development achievement. Keywords: Development, Employee Performance, Employees Retention, Training Word Count: 252
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    Capital Budgeting Techniques and Financial Performance of Selected Manufacturing Companies in Lagos State, Nigeria
    (Lead City University, 2022-12) Peter Oluwole BABALOLA
    The purpose of this study is to examine capital budgeting techniques and financial performance of selected manufacturing firms in Lagos State, Nigeria. It is to determine the relationship between capital budgeting strategies and the financial performance of manufacturing enterprises in Lagos, Nigeria. The enormity of costs incurred on capital projects is such that a mistake in the decision on whether or not to undertake a project may have dire consequences for manufacturing and industrial enterprises. It can lead to the determination of a company's status as a going concern. This is why this study is being carried out. The research instrument is a published financial statement obtained from secondary data of three manufacturing businesses for the period 2011–2020 for the topic of study in the selected manufacturing companies, which results in thirty observation periods. To analyse the capital budgeting processes objectively, information was acquired from the published financial statements of the chosen industrial enterprises. The researcher analysed the data using descriptive and inferential statistics. Return on investment was employed as a metric of financial performance. The use of SPSS, graphs, and the Cronbach's alpha model made data analysis possible. Using the Chi square and Pearson coefficient test models, results were drawn regarding the relationship between the independent and dependent variables. The study found that net present value (NPV), the payback period (PBP), the internal rate of return (IRR) as well as the accounting rate of return (ARR) have substantial effects on financial performance. In addition, the study indicated that CBTs have indirect causal impacts on financial performance and allow for the selection of fundamentally profitable projects. Keywords: Capital budgeting techniques, net present value, internal rate of return, payback period, financial performance. WordsCount: 267 words
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    Financial Inclusion and Poverty Reduction: The Moderating effects of Financial Technology (FinTech) in Selected Semi-Urban Areas of Ibadan Metropolis, Oyo State, Nigeria
    (Lead City University, 2022-12) Ayoola Abimbola, ESO
    This study investigated the influence of financial inclusion and poverty reduction in selected semi-urban areas of Ibadan Metropolis, Oyo state, Nigeria. The objectives of the study is to identify the level of poverty in semi-urban areas of Ibadan metropolis; examine how access to fintech financial services products reduces poverty level in semi-urban areas of Ibadan metropolis; highlight how the usage of fintech financial services products can be used to reduce poverty level in semi-urban areas of Ibadan, Oyo State, metropolis and find out the quality of fintech product and service delivery on poverty reduction in semi-urban areas of Ibadan metropolis. Nigeria has witnessed many economic and development plans changes over the last few decades. Several reforms and initiatives aimed at poverty reduction and enhancing financial inclusion had been attempted by the Nigerian government and its development partners in the recent time. The study adopted a cross sectional survey design. Data collection techniques employed was self-administered questionnaire. The questionnaires were administered to a total of 293 to the respondents and that are fintech customers from the semi-urban areas of Ibadan, Oyo State Nigeria by using simple random sampling procedures. In analysing the relationship among the variables, the PearsonCorrelation technique was adopted. The findings of the study revealed that there is a significant relationship between the financial inclusion and poverty reduction. The results further revealed that fintech positively moderate the relationship between the variables under studies. The study recommends the financial inclusion to be more robust in the rural areas and to make fintech a more effective means of poverty reduction other services such as, education loan, technological support loan, skills training, and housing appliance loan should be included in microfinance services. Keywords: Financial Inclusion, Financial Technology (FinTech),Poverty reduction, Unemployment, Poverty. Word count: 281
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    Influence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria
    (Lead City University, 2022-12) ADEYEMI, Sunday Moses
    Employee’s productivity is a variable that has been researched over time. Despite this, factors that really influence the above variable have not reached agreement among researchers. In order to clarify some of these concerns, this study was designed to investigate the effect of Performance management on employee’s productivity in Hospitality industry in Lagos State, Nigeria. The population of this study represents all the staff of one hundred and three (103) hotels registered under booking.com as hotels in Lagos state. The Yamane formula used to arrive at 82 hotels for this study and also used purposive sampling considering the availability of the respondents to select some cadre(stratum) having four (4) respondents per hotel. Multistage sample was used to select 328 employees as shown in the research methodology. The research instrument used for data collection was questionnaire. Data was analyzed using descriptive and regression statistics tool. The results show that performance management that is qReward System ((β =.106, t = 2.843, P <.05), (r = 0.685)), Mentorship and Coaching ((β =.593, t = 6.503, P <.05), (r = 0.230)), Performance Feedback ((β =.335, t = -3.68,1 P <.05, , (r = 0.202)), and Performance Appraisal ( β =.710, t = 3.450, P < 05, (r = 0.491) are all have relative influence and significant relationship with employees productivity. Also, there was 28% change in employee’s productivity a result of the joint contribution of reward, Mentorship & coaching, feedback, & appraisal system practicing. It was concluded that performance management practice informs of reward, mentorship & coaching, feedback, & appraisal system practices is very important factor in enhancing the productivity of employees as evidenced by the study. It was recommended that the organization should see and take performance management as the whole process for effective and efficient employees’ productivity. Keywords: Employee Productivity, Mentorship and Coaching, Performance Management, Performance Feedback, Performance Appraisal, Reward System. Word Count: 253
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    Environmental Accounting Disclosure and Financial Performance of Listed Oil and Gas Companies in Nigeria
    (Lead City University, 2022-12) Olusayo Mary ERINOSO
    Research has shown that many of the Nigerian oil and gas listed companies frequently pay insufficient attention to the communities in which they operate, which is typically due to the need to continuously improve their profit maximization strategy. This study therefore investigated the effect of environmental accounting disclosure on financial performance of listed oil and gas companies in Nigeria spanning from 2011-2020. The study adopted ex-post facto as its research design and the data were gathered from the listed oil and gas companies on the Nigerian Stock Exchange as of 31st December 2020. A sample of 11 listed oil and gas companies was selected out of the 13 listed oil and gas companies on the Nigeria stock exchange due to incomplete data of two companies and Panel data regression was used to analyze the data. Environmental accounting disclosure was measured by environmental conservation and preservation, environmental sustainability, environmental disclosure and environmental audit while financial performance was measured by return on asset, return on equity and profit after tax. The result of the study revealed that environmental conservation and preservation does not have a significant effect on the financial performance of oil and gas firms in Nigeria with (prob. Value>5%) at 0.9229 and 0.9287, environmental sustainability has a significant effect on financial performance of listed oil and gas companies in Nigeria with (prob. Value<5%) at 0.0045,0.0014 and0.0440, environmental disclosure has a significant effect on financial performance of listed oil and gas companies in Nigeria with (prob. Value< 5%) at 0.0240 and 0.0316 and environmental audit has no significant effect on financial performance of firms in the oil and gas sector with (prob. Value> 5%) at 0.0851 and 0.1236. The study then recommends that Organizations should implement universal reporting and disclosure of environmental problems for control and measurements of performance. Keywords: Environmental accounting disclosure, Environmental conservation, Financial performance, Oil and gas, Sustainability. Word Count: 299
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    Strategic Procurement and Performance of University College Hospital (UCH), Ibadan
    (Lead City University, 2022-12) Mariam Abiola GARBA
    The procurement system invariably suffers various forms of malpractices and unethical conduct which includes high incidence of vested interest, contract inflation, delay in suppliers’ payment and increased procurement cycle. The review explored the effect of strategic procurement on performance of University College Hospital (UCH), Ibadan. Theories considered relevant to this study are systems, balanced scorecard, agency and social exchange theory. Descriptive and survey design was embraced for the review. The populace in the review contained 158. A stratified sampling technique was used and the strata’s are procurement, stores, payment units (Account) and the different end users department. An organized poll was directed. The instrument was approved and information assembled was broke down utilizing mean, standard deviation and correlation analysis. Out of the 158 polls directed, 136 were recovered (86% reaction rate). The review discovered that negotiation management (mean worth 4.2581), competitive bidding (mean worth 4.2581), suppliers’ relationship management (mean worth 4.3065), green procurement (mean worth 4.3145) and strategic procurement indices utilizing correlation co-efficient: (negotiation the management 0.737, competitive bidding 0.230, suppliers' relationship management 0.311 and green procurement 0.214) were found to have an effect on organizational performance of UCH. The study subsequently inferred that strategic procurement practices are proactive in nature and a panacea to organizational performance. It was suggested that there is need for UCH to organize trainings, capacity buildings, provide more financial resources for the acquisition of substitute products and public awareness on the need to conserve the environment through green procurement. Keywords: Competitive Bidding, Green Procurement, Negotiation Management, Strategic Procurement, Suppliers’ Relationship Management Word Count: 244
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    Social Media Marketing and Performance of Selected Small and Medium Enterprises (SMEs) in South-West Nigeria
    (Lead City University, 2022-12) Lateefat Olaitan LAWAL
    This study examined the effect of social media marketing on performance of selected small and medium enterprises (SMEs) in South-West, Nigeria. Descriptive survey research design was adopted. The population is 17, 534 which comprises of the SMEs in Lagos, Oyo and Osun States as these states have the largest concentration of SMEs in South West, Nigeria. The sample size of 376 was determined using the Raosoft Sample Size calculator. Primary source of data collection (questionnaire) was adopted for gathering data from the owners/managers of the selected SMEs. Reliability test of the questionnaire was carried out and Cronbach alpha coefficient of 0.889 was achieved. The response rate was 90.16%. Data were analysed using descriptive and inferential statistics (Statistical Package for Social Sciences (SPSS) version 24 and SmartPLS version 3.3.3). Findings of the study revealed that social media marketing significantly affects sales growth of SMEs in Southwest, Nigeria (Adj R2=0.672; p=0.000, Q2 =0.450). Social media marketing significantly affects customer retention of SMEs in Southwest, Nigeria (Adj R2=0.651; p=0.000, Q2 =0.345). Social media marketing significantly affects brand loyalty of SMEs in Southwest, Nigeria (Adj R2=0.693; p=0.000, Q2 =0.345). Social media marketing significantly affects brand awareness of SMEs in Southwest, Nigeria (Adj R2=0.711; p=0.000, Q2 =0.531). Social media marketing significantly affects competitive advantage of SMEs in Southwest, Nigeria (Adj R2=0.520; p=0.000, Q2 =0.346). It is on the strength of the moderated analysis result (β =0.069; p< 0.050, Q2 =0.527) and the Simple Slope Analysis obtained that investment decision has a positive and significant moderating effect of the interaction between social media marketing and small business performance in Southwest, Nigeria. This study recommended that SMEs must comprehend, interprete and communicate their organisational purpose using appropriate social media marketing strategies as this would enhance their performance. Keywords: Social Media, Marketing, Small Business, Performance Word Count: 297
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    Corporate Governance and Performance of Selected Listed Companies in Nigeria
    (Lead City University, 2022-12) Jimoh Akanbi IBRAHIM
    Many big corporation have collapse with perceived strong structures and processes around the world and in Nigeria. Some companies despite operating in regulated environment that requires good compliance to corporate governance have suffered several setbacks and decline in growth and productivity. Due to these challenges, this study examines the Corporate Governance and Performance of Listed companies in Nigeria. The research reviewed three theories i.e. Principal-Agency theory, Stewardship Theory and Resource-Based theory. The study employed descriptive statistics for analysis of demographic data and research questions, while panel data regression was adopted for hypotheses testing with the aid of SPSS. Data analysed through Correlation Analysis, Regression Analysis, Analysis of Variance and Coefficient & Statistical Significance of Variable. Findings show a strong positive correlation between the independent variable (Board size) and the dependent variable (Net profit) with r = 0.985 (Sig.value = 0.000, p<0.05), correlation between the independent variable (leadership structure) and the dependent variable (earnings before tax) with r = 0.821 (Sig. value = 0.000, p<0.05), ANOVA shows the variables are jointly significant at all critical level i.e. 1%, 5%, 10%, showing the general strength of the model. A positive relationship between the board independence and the return on investment. This shows that every 1% change in the board independence, results in approximately 92.5% change in the return on investment. (β= 92.485, t=22.892, p<.000). Strong correlation between the independent variable (management transparency) and the dependent variable (growth) with r = 0.932 (Sig.value = 0.000, p<0.05). It is recommended that management should embrace and comply with the corporate governance principles in their structures and processes to ensure the business survival, growth, better earnings and enduring profitability. Keywords: Corporate Governance, Performance, Listed companies, leadership structure, Management, Growth and Net Profit. Word Count: 273