Economics

Permanent URI for this community

https://ir.bellsuniversity.edu.ng/handle/123456789/169

Browse

Browsing Economics by Subject "Finance"

Now showing 1 - 2 of 2
  • No Thumbnail Available
    ItemMetadata only
    Corperate Dynamic and Sustainability Reporting of Financial and Non-Financial Quoted Firms in Nigeria
    (Bells University of Technology, 2024-07-19) CHIAGOROM, Queen Chiamaka; Mrs. Grace A. Daniel
    This study investigates corporate dynamics and sustainability reporting in Nigerian firms listed on the Nigerian Stock Exchange, comparing financial and non-financial firms. Using content and regression analysis on annual reports, it evaluates sustainability reporting based on Global Reporting Initiative (GRI) guidelines and its relationship with performance metrics like revenue growth rate (RGR), operating margin (OM), and market value. The findings show a significant positive relationship between comprehensive sustainability reporting and firm performance. Firms with higher sustainability reporting scores tend to perform better financially, indicating that transparent sustainability practices boost investor confidence and stakeholder trust. Larger firms and those in more regulated industries generally provide more comprehensive reports. The study concludes that sustainability reporting enhances firm performance in Nigeria. Major recommendations include encouraging firms to adopt comprehensive sustainability reporting practices, enhancing regulatory frameworks to mandate such disclosures, and providing training and resources to firms to improve the quality of their sustainability reporting
  • No Thumbnail Available
    ItemMetadata only
    Non-Performing Loan and Financial Performance of Deposit Money Banks in Nigeria
    (Bells University of Technology, 2023-07) AJAYI, Tomisin Rachael; Dr. L. A. E. Imeokparia
    This study investigates the impact of non-performing loans on deposit money banks in Nigeria and provides recommendations for mitigating its effects on the financial performance of these banks. The research utilizes net interest margin and cost-to-income ratio as indicators of financial performance. Secondary data from the financial statements of ten selected banks, spanning a ten-year period from 2013 to 2022, was analyzed using descriptive statistics and panel least square regression analysis. The results indicate a significant negative relationship between non-performing loans and net interest margin, suggesting that an increase in non-performing loans leads to a decline in profits derived from interest-bearing assets. Additionally, a positive and statistically significant relationship was observed between non-performing loans and cost-to-income ratio, indicating that an increase in one variable results in an increase in the other. Based on these findings, it is recommended that deposit money banks enhance their credit management strategies and provide professional guidance to potential loan customers. Regulatory bodies should also implement measures to prevent unhealthy competition among banks, which may contribute to fraudulent activities, hasty decision-making, and inaccurate reporting in order to improve financial figures.