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    Board Diversity and Intellectual Capital Performance of Listed Non-Financial Service Firms in Nigeria
    (Universitas Negeri Semarang, Indonesia, 2023-01-26) Lawal Tajudeen; Daniya Adeiza AbdulAzeez; Musa Saidu
    Purpose : This study examines the effect of board diversity on the intellectual capital performance of listed non-financial service firms in Nigeria. This is due to the paucity of studies in this area especially within the context of Nigeria even at the instance of the gradual and steady shift from the industrial to information/knowledge based economy. Method : The study employs correlational research design to examine the 44 sampled firms for a period of ten years (2011-2020). Quantitative data extracted from the annual reports of the firms were analysed using descriptive statistics, correlation and Fixed Effects regressions. Findings : The regression results revealed that board composition and board size have significant positive effect on intellectual capital performance. However, board ownership has insignificant effect on intellectual capital performance. Consequently, the study failed to reject the second null hypothesis. Novelty : Previous Nigerian studies concentrated on the use of traditional Value Added Intellectual Coefficients (VAIC) which is currently considered inappropriate. Given the previous studies, this study is novel because it uses the Modified Value Added Intellec tual Coefficient (MVAIC).
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    Effect of financial development on financial innovation in Nigeria.
    (Published by Faculty of Economics and Business, Diponegoro University Indonesia, 2019-10-06) Oluganna Eunice.; Lawal Tajudeen; Daniya AbdulAzeez
    Financial sector is crucial for the development of a well-functioning market as it facilitate capital inflows, mobilize savings for productive investment and facilitates the conduct and growth of an economy in the world. Despite the importance of financial sector development in Nigeria, financial institution operating in financial market were confronted with drastic changes where by old ways of doing business were no longer profitable and sustainable and unable to acquire fund with their traditional financial instruments. Against this background, the study investigated the effect of financial sector development on financial innovation in Nigeria. The study employed secondary data obtained from central bank of Nigeria statistical bulletin and World Bank database between 2011 and 2017. The data obtained was subjected to system General Method of Analysis (GMM) estimator. The study concluded that upward trend of process innovation significantly influence the in depth of finance. The study recommends policy makers should design policies which will promote and enhance the relationship between financial innovation and financial development in other to increase the supply and provision of financial service
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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.
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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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    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