Browsing by Author "Saka Tunde Abdulsalam"

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    BASE III ACCORD AND REGULATORY CAPITAL MANAGEMENT REPORTING IN NIGERIA: THE ROLE OF “SEARCH”, “EXPERIENCE” AND “CREDENCE” INFORMATION
    (Lapai International Journal of Management and Social Sciences, 2015) Oladipupo Muhrtala Tijani; Lukman Adebayo Oke; Saka Tunde Abdulsalam
    Nigerian banks and capital management reporting quality has been frequently criticized as being unbalanced, presenting an overly positive view or failing to address material issues. The purpose of this paper is to provide a fresh explanation of poor quality capital management reporting and to propose how quality may be addressed. The theoretical framework combines the accountability and institutional isomorphism perspectives using Akerlof’s (1970) Market for Lemons theory. Akerlof’s approach is extended by differentiating between three types of information in bank capital management reporting using measures adapted from Comyns et al. (2013) namely search, experience and credence. The study concludes that the type of information must be considered when determining measures to improve report quality.
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    ENVIRONMENTAL AND SOCIAL INFORMATION DISCLOSURE QUALITY AND FINANCIAL PERFORMANCE OF LISTED MANUFACTURING COMPANIES IN NIGERIA
    (2024-10) Saka Tunde Abdulsalam
    The General perception of investors and other stakeholders is that self-developed environmental and social information disclosure (ESID) of companies lack quality required to make informed business decision which may impact company operating cash flow (OCF). Although, poor quality ESID often damaged company reputation and cause competitive setback that usually bring down OCF. Based on this backdrop, this study explores ESID quality of Listed Manufacturing Companies in Nigeria (LMCN) based on Global Reporting Initiative (GRI) and evaluate the impact on their OCF. The study employs Ex-Post Facto research design and data collected from annual reports of forty-seven LMCNs were analyzed using panel regression analysis based on random effect model. While quality of ESID of companies were measured based on GRI sustainability quality principle such as Balance, Clarity, Timeliness, Relevance, Reliability and Comparability, financial performance (FP) was measured by OCF of the studied companies. Findings from regression result revealed that quality of environmental and social information disclosure displays a significant and positive correlation with OCF. This study concluded that substantive investment in sustainability activities and quality disclosure is a form of undisputed contribution to sustainable development that in turn provide a basis for securing enhanced FP. This study recommends that manager should henceforth, consider potential returns that will come from investment in substantive environmental and social activities and quality disclosure that follow GRI quality reporting principle.