Browsing by Author "Lukman Ojedele Lawal"

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    BOARD HETEROGENEITY, AUDIT COMMITTEE GENDER AND CORPORATE TAX AGGRESSIVENESS OF LISTED CONSUMER GOODS FIRMS IN NIGERIA
    (Kashere Journal of Management Sciences, 2023-09-27) Lukman Ojedele Lawal; Tajudeen Lawal; Daniya Adeiza AbdulAzeez
    Aggressive tax planning are activities generally designed to reduce tax liability that includes tax evasion and legitimate saving of taxes. This study therefore aims to examine the impact of board heterogeneity on the tax aggressiveness, as well as the moderating effect of audit committee gender on the relationship between board heterogeneity and tax aggressiveness of listed consumer goods firms in Nigeria. Data were collected from one hundred and seventy financial years of firms in Nigeria from 2013-2022. The study analysed the data by means of descriptive statistics and correlation techniques. The regression results revealed that board nationality and board education have significant impact on tax aggressiveness. The finding of the study however, revealed that board composition has significant negative impact on tax aggressiveness. Similarly, the result from moderating model revealed that audit committee gender influenced the relationship between board heterogeneity and tax aggressiveness of the firms. The study therefore concludes that board heterogeneity is important in tax planning activities. The study recommends that the firms should maintain the number of foreign directors as well as maintaining the number of directors with training in accounting, finance and economics in order to continue to improving their tax planning activities. Similarly, the role of AC gender should be given ultimate attention when nominating AC members, since it improved the relationship between board heterogeneity and tax planning of consumer goods firms in Nigeria
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    Capital structure and performance of quoted conglomerates firms in Nigeria
    (Department of Accounting, Faculty of Administration, Nasarawa State University, Keffi., 2013-05-28) Tajudeen Lawal; Bayero Muhammad A.S; Lukman Ojedele Lawal
    This study investigates the impact of capital structure on firm performance by analysing the relationship between financial performance of Nigerian firms, measure by return on asset and earnings per share with short term and long term debt. Two variables identified in literature to have influence on firm performance, namely size and efficiency are used as control variables. The study covers seven conglomerates firms in Nigeria for the year 2002 through to 2011. Panel data for the selected firms were generated and analysed using ordinary least square with the application of random effect regression as a method of estimation, in which a series of regression analyses were executed for each model. The study finds that short term debt has significant negative impact on the two accounting measure of performance studied. The results also showed that long term has significant positive impact on ROA but not with earnings per share.net margin of the firms. The study recommends that quoted conglomerates firms in Nigeria should reduce debt levels in their capital structure so as to enhance positive performance to the interest of the stakeholders.
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    Effect of forensic auditing on fraud prevention and detection in public sector organisation in Nigeria.
    (Governmental and Financial Accounting Research (GAFAR) Centre, Nasarawa State University, Keffi, 2018-06-30) Tajudeen Lawal; Lukman Ojedele Lawal; Eunice Oluganna
    This study is aimed at assessing the impact of forensic auditing in the detection and prevention of fraud in public sector organisations in Nigeria. Two hypotheses were formulated in line with the specific objectives of the study. This was tested with use of questionnaire administration to the corporate affairs commission. The question raised from the hypothesis was then tested with the use of statistical data to test the level of significance. In essence, the regression model was used on the response of the respondents. Based on the findings of the research which have already been summarised, the research work concluded that forensic auditing has a great impact in prevention and detection of fraud in Nigerian public sector organisation and therefore the skills and experience of forensic auditor should be employed in public sector organisations in Nigeria so as to reduce the occurrence of fraud and to detect any form of fraud perpetrated.
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    GENDER DIVERSITY AND INTELLECTUAL CAPITAL DISCLOSURE IN LISTED NON-FINANCIAL SERVICES FIRMS IN NIGERIA.
    (Department of Accounting University of Abuja, 2021-06-29) Tajudeen Lawal; Lukman Ojedele Lawal; Babangida A. Aminu
    Intellectual capital disclosure is valuable information for stakeholders. This study aims to examine the impact of gender diversity on intellectual capital disclosure in 44 listed non-financial services firms in Nigeria during the period 2011 t0 2020. Descriptive statistics were adopted to provide summary statistics of the variables. The study adopted generalised least square (GLS) fixed effects regressions to test the hypotheses using the STATA software. The regression results showed that female Blau has a positive and significant impact on ICD of the firms. However, the finding of the study revealed that the presence of ratio of female directors on the board and appointing female as the chief executive officers have no significant impact on the level of intellectual capital disclosure. This study adds to the literature as it is the first study to adopt Blau Index in examining the impact of gender diversity on IC disclosure in listed non-financial services firms in Nigeria. The study recommends that management should consider the inclusion of more women as part of the board of directors of the non-financial services firms in order to influence the decision to increase their ICD. Similarly, more women should be appointed as CEO so as to positively influence the disclosure of ICD
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    Outsourcing of internal auditing services and performance of organisations in Nigeria: A Conceptual Approach.
    (Faculty of Management and Social Sciences, Ibrahim Badamasi University, Lapai., 2020-06-30) Lukman Ojedele Lawal; Tajudeen Lawal; Eunice Oluganna
    The spate of corporate collapses and financial scandals has resulted in an increased focus on internal auditing as an important consideration for organisations. The basic role of internal auditing is to help management achieve company goals. It also provides assurance that management has implemented a satisfactory internal control system to prevent risks. It is observed that sourcing of internal audit services internally always leads to lack of independence by the staffs that provide these services since they are employees of the entity and under the control of management. In addition to that, the external auditors find it difficult to place reliance on the work performed by internal auditor. This study examines outsourcing of internal audit functions and performance of organisations in Nigeria by reviewing some selected studies from within and outside Nigeria. The objective of the study is to conduct a conceptual review (to determine how outsourcing of internal audit function affects performance of organisations in Nigeria based on the findings) of previous studies. This paper discovered from previous studies that outsourcing of internal audit functions is the remedy to efficiency, cost savings and reliability of internal audit services in every organisation. This study is of the opinion that more researches should be conducted on the topic in Nigeria and that organisations in Nigeria should key into outsourcing of their internal audit functions as this brings about cost saving, reliability of record as well as independence of opinion