Browsing by Author "Mohammed Yabagi Ibrahim"

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    Corporate Attributes and Value of Listed Manufacturing Firms in Nigeria: A Comparative Analysis
    (FUDMA JOURNAL OF ACCOUNTING AND FINANCE RESEARCH, 2024-05-14) AbdulAzeez Adeiza Daniya; , Tajudeen Lawal; Kabiru Shuaibu; Mohammed Yabagi Ibrahim
    Firms are increasingly striving to improve their value through various corporate strategies as well as exploiting their unique attributes to stimulate value. The extent to which firms create value given their attributes remains a subject of discuss among scholars with mix conclusions. This study therefore investigates the comparative effect of corporate attributes (Firm size, leverage, Institutional ownership, multi-nationality and Research and development) on the value (Tobin’s Q and Market value of equity) of 24 listed Consumer and Industrial goods firms for a period of 14 years (2009-2022). The study utilized a positivist research philosophy and employed correlational research design. Data for the study were quantitatively retrieved from the annual reports and accounts of the firms. Variables were described using descriptive statistics and relationships were ascertained via correlation analysis. Both random effect (FE) and OLS robust regressions were used to analyze the data having carried out some robustness and diagnostic tests. Results from the study revealed firm size, multi-nationality and research and development have significant positive effects on firm value. However, while leverage has significant negative effect on firm value, institutional shareholding effect on firm value was found to be negative and insignificant. Also, consumer goods sub-sector firms have significant positive effect on value which indicates that the sub-sector strongly drives value better that the consumer goods firms through the use of corporate attribute
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    Human capital efficiency and profitability of quoted integrated oil and gas companies in Nigeria,
    (Studia Universitatis Babeş‐Bolyai, 2019-09-19) Lawal Tajudeen; Daniya Adeiza AbdulAzeez; Mohammed Yabagi Ibrahim
    Human capital represents the engine that drives the entity and the foundation on which organizational success rests. This study examines the impact of human capital efficiency on profitability of five Integrated Oil and Gas companies in Nigeria between 2008 and 2017. This was examined by means of value added intellectual coefficient (VAIC) and it analyses how human capital efficiency affects the profitability of these firms measured by return on assets (ROA) and return on equity (ROE). Multiple regression technique was applied on data to draw inferences using STATA Version 13. The finding of the study reveals that Human capital efficiency has positive and significant impact on the ROA of the firms under study. Based on the findings of the study, it is therefore, recommended that integrated oil and Gas companies in Nigeria should continue to invest more on their employees in order to improve their performance. The study also recommends that Human Capital should be treated as the most valuable asset of integrated oil and Gas companies in Nigeria.