Browsing by Author "Sodiq SALAUDEEN"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    BOARD DYNAMISM, FINANCIAL REPORTING QUALITY, AND FIRM SUSTAINABILITY OF QUOTED INDUSTRIAL GOODS IN NIGERIA
    (Al-Hikmah International Journal of Finance (AHIJoF), 2025-12-25) Muhammed Lawal, SUBAIR, PhD; Saheed LAWAL; Sodiq SALAUDEEN; Julianah Tango SAMSON; Jamiu MUSA
    This study examines the impact of board dynamics and financial reporting quality (FRQ) on firm sustainability within Nigeria’s industrial goods sector. It analyzes how board characteristics impact both FRQ and sustainability performance. The analysis was conducted using panel data, from eight firms listed on the Nigerian Stock Exchange, observed across a five-year period from 2020 to 2024. Data was analyzed using descriptive statistics, correlation analysis, and panel regression models (fixed-effects) to test the proposed relationships. The results revealed that board independence significantly enhanced sustainability performance, while gender diversity had a positive and significant influence on FRQ. Financial reporting quality itself exerted a robust effect on sustainability. Mediation analysis demonstrated that FRQ acts as a crucial partial mediator. Sub-sectorial comparisons highlighted notable disparities, with cement firms achieving higher average ESG scores than their chemical industry counterparts. The study recommends enforcing stronger governance policies mandating greater board independence and gender diversity to enhance transparency and bolster long-term resilience. This research provides empirical evidence on the mediating role of FRQ in the board-sustainability relationship, an area with limited research in emerging economies like Nigeria.
  • Thumbnail Image
    Item
    INSTITUTIONAL PRESSURE AND STRATEGIC COST MANAGEMENT IMPLEMENTATION IN NIGERIAN AGRICULTURAL FIRMS
    (Gusau Journal of Accounting and Finance, Vol.6, Issue 3, October, 2025, 2025) Muhammed Lawal, SUBAIR, PhD; Lawal, SAHEED; Sodiq SALAUDEEN
    This study investigates the influence of institutional pressures specifically regulatory policies, cultural norms and social expectations, and technological advancements on the implementation of strategic cost management (SCM) practices and their subsequent effect on decision-making in sustainable agricultural firms in Nigeria. A crosssectional survey design was adopted, using stratified and purposive sampling to collect primary data through structured questionnaires administered exclusively to respondents with vast knowledge and direct involvement in cost management practices across the 63 agricultural firms listed in the Nigerian Bulletin Index 2023, yielding 171 valid responses. The data were analysed using Partial Least Squares Structural Equation Modeling (PLS-SEM) in Smart-PLS 4.0. The results reveal that all three institutional pressures significantly and positively affect SCM implementation, with technological advancements showing the strongest influence (β = 0.685, p < 0.001), followed by regulatory policies (β = 0.462, p < 0.001) and cultural norms and social expectations (β = 0.420, p < 0.001). Reliability was generally acceptable, and discriminant validity was confirmed as all HTMT values remained below 0.85, although some AVE values fell below 0.5, indicating weaker convergent validity for certain constructs. The findings highlight the critical role of regulatory compliance, cultural alignment, and technology investment in enhancing SCM effectiveness among Nigerian agricultural firms. However, the cross-sectional design limits causal inferences, the sample of 63 firms restricts statistical power and generalizability beyond listed sustainable agricultural firms, and the observed measurement overlaps suggest that the instrument requires further refinement in future studies