Browsing by Author "Jimoh Ismail"

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    CORPORATE GOVERNANCE PRACTICES AND FINANCIAL PERFORMANCE OF LISTED FINANCIAL FIRMS IN NIGERIA
    (Kashere Journal of Accounting and Finance, 2026-05-31) Abdulraheem Olayiwola Kadir; Jimoh Ismail
    Despite successive regulatory reforms and the introduction of governance codes by the regulators of the Nigerian financial industry, the financial sector is still experiencing notable governance-related challenges. Thus, this study examines how corporate governance practices in terms of transparency and disclosure (TD), shareholders’ rights and participation (SRP), audit committee effectiveness (ACE), and executive compensation (EC) affect the financial performance of listed financial companies in Nigeria. Ex-post facto research design was employed and secondary data covering thirty-nine listed financial firms between 2020 and 2024 were analysed using descriptive statistics, correlation analysis, unit root test, multicollinearity diagnostics, and panel regression analysis. The findings revealed that transparency and disclosure had a negative but statistically significant effect on financial performance (β = - 0.000118, p < 0.05); shareholders’ rights and participation showed a positive but insignificant relationship with performance (β = 0.000968, p > 0.05); audit committee effectiveness had a positive and significant effect (β = 0.017100, p < 0.05); executive compensation exerted a negative but insignificant influence (β = -0.074234, p >0.05). The study concludes that effective governance practices, particularly audit committee oversight and balanced disclosure, are essential for improved financial performance of listed financial firms in Nigeria. It is recommended that financial firms should promote timely and meaningful reporting that enhances investor confidence and prioritize the independence as well as the oversight capacity of audit committees to improve overall firm performance.
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    FORENSIC AUDITING AND FINANCIAL FRAUD PREVENTION AMONG LISTED FINANCIAL FIRMS IN NIGERIA
    (Kashere Journal of Accounting and Finance, 2026-05-31) Abdulraheem Olayiwola Kadir; Jimoh Ismail; Yusuf Olamilekan Quadri
    Financial fraud has remained a persistent challenge within financial institutions globally, particularly in emerging economies where weak control systems, technological vulnerabilities, and inadequate regulatory enforcement continue to expose firms to fraudulent activities. Thus, this study examined the effect of forensic auditing on financial fraud prevention among listed financial firms in Nigeria. The study adopted a quantitative cross-sectional survey research design using primary data collected through structured questionnaires administered to 302 respondents drawn from listed financial firms on the Nigerian Exchange Group. Data were analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM). The findings revealed that forensic auditing practices significantly improve financial fraud prevention (β = 0.221, p = 0.002), while forensic audit expertise and professional competence also exert a positive and significant effect (β = 0.184, p = 0.007). Furthermore, forensic audit tools and techniques (β = 0.256, p = 0.001), internal control systems (β = 0.278, p = 0.000), and regulatory compliance (β = 0.205, p = 0.002) all significantly enhance financial fraud prevention among listed financial firms in Nigeria. The study concludes that effective forensic auditing mechanisms are critical in reducing fraud opportunities and strengthening transparency and accountability within financial institutions. The study recommends that the management of financial firms should strengthen forensic auditing practices, invest in professional training and digital forensic technologies, improve internal control systems, and ensure strict regulatory compliance to enhance fraud prevention effectiveness.