The study examined budget and financial control in selected government parastatals in Nigeria. The survey research design was adopted in the study. Primary data was obtained using a well-designed questionnaire. Data gathered in the study was analyzed using descriptive, correlation analysis, logit regression analysis and other post estimation tests. Findings obtained in the study indicated that budget preparation exerts insignificant positive impact on financial control in Nigerian government parastatals with coefficient estimate of .034178 (p=0.195> 0.05); budget implementation exerts insignificant positive impact on financial control of Nigerian government parastatals with coefficient estimate of .0082354 (p=0.750> 0.05) and budget monitoring and evacuation exert insignificant positive impact on financial control, with coefficient estimate of .0468773 (p=0.234> 0.05). Premise on these findings, the study concluded that financial control on the average tends to increase as government parastatals experience effectual budget performance, with more budget preparation, implementation and monitoring and evaluation as opposed to the usual neglect of budget after implementation. Hence, it was suggested that government should ensure improvement in budget design; government should ensure adequate budget monitoring procedure and government should ensure viable budget evaluation procedure.
Background to the Study All over the world, poverty has remained a noticeable national issue caused by the challenge of short-or longterm deprivation and an extreme lack of basic human needs (Obadan, 2012 and Ihenacho, Chikaire, Ejiogu-Okereke, Oguegbuchulam, Osuagwu and Obi, 2012). In spite of the effort of numerous governments in curtailing poverty in Nigeria, the economic issue has instead proliferated as the outlook for poverty reduction remains bleak (Abbas, 2013). Hence, it is undoubted that victims of poverty in Nigeria are defenseless against all sort of cruel and unfair treatments from both government and private agents who possesses the capacity to render financial aid to these victims (Abbas, 2016). Sadly, because poor people do not possess the power, liberty and influence to leverage on for daily survival, they become a cheap resource for several political and economic exploitation. The seriousness of poverty and its consequences differ across the globe (Abbas, 2016). However, the total of poverty victims in Africa and Nigeria specifically has intensified over the years (MGD, 2015). In Nigeria, the number of people living below the poverty line has been on the increase due to the short of basic needs, housing, healthcare services, shelter, education opportunities and access to clean and safe water (UNDP, 2015; MDG, 2013). World Bank (2000) affirmed that these situations signals poverty and described it as a complex issue that has attracted several universally recognized descriptions. Sweetman (2002) referred poverty to as the inadequacy of income and productive resources required to cause a lasting livelihood, free of hunger and starvation, bad health, unimpressive level of education and other fundamental facilities, heightened mortality, morbidity, lack of housing, insecure environment, homelessness, social exclusion and discrimination. He further posited that poverty is exemplified by constraints of participation of decision making particularly in civil, cultural and social life. Pearse (2014) maintained that
The study therefore aims at accessing environmental accounting practices and profitability of quoted industrial goods sector in Nigeria. The study's population consists of all publicly quoted Industrial Goods Sector on the Nigerian Stock Exchange (22). From 2010 to 2021, a sample size of ten (10) out of the total population was drawn The regression model used by the researcher is a Fixed Effects M odel, a Random Effects M odel, and a Pooled Ordinary Least Square (OLS) model with panel data. The researcher used the Hausman and Wald tests to choose the best appropriate regression model with the maximum explanatory power the result revealed that ROA has a mean of 6.532658, median of 5.900000, standard deviation of 4.663992, skewness index of 0.874641. EnA shows a mean of 2369618, a median of 229141.0, and standard deviation of 5293062 does not have a significant effect on the ROA since the p-value is greater than the 0.05 the study concluded that Environmental accounting does not have significant effect on return in asset which means other factors are more responsible for decline in the ROA of quoted Industrial Goods Sector in Nigeria.
Influence of Electronic Transactions on Financial Service Delivery among Selected Universities in Southwest Nigeria IntroductionThe growth, integration and sophistication of technology are changing our society and economy. Advancement in technology has revolutionized the way organizations communicate with customers and suppliers and how they access information. Internal and external communications networks have been established to communicate with employees, customers, suppliers, institutions and other stakeholders (Alice, 2015). Information and Communication Technology (ICT) has become one among key drivers of recent developments and has influenced every business opportunities (Alice, 2015). The term Information Technology (IT) has recently been expanded to Information and Communication Technology (ICT) in recognition of the growing significance of communications technology to access the Internet.ICT therefore combines telecommunications, computing and broadcasting and covers any product that will store, retrieve, manipulate, transmit or receive information electronically including telephones, faxes, computers and televisions (Asewe, 2010). Information Communication Technology refers to widespread application of computer technology in the financial system (Tajudeen, 2013). Electronic transaction technology is a system which enables financial institutions, customers, individuals or businesses, to access accounts, transact business, or obtain information on financial products and services through various electronic channels. This make banks to rely on monetary transactions that use electronic means rather than cash. According to Edesiri and Promise (2013), the success of electronic transaction technology depends on how an effective e-transaction system operates. The Internet and on-line businesses are growing exponentially and this is due to the explosive growth. E-transaction on the Internet uses various electronic mechanisms that can cater for much diversity of applications.Edesiri and Promise (2013) defines electronic transaction technology as a business services that utilize information and communications technologies including integrated circuit (IC) card, cryptography, and telecommunications networks. The purpose of electronic transaction technology is aimed at curbing some of the harmful consequences linked with the high usage of physical cash in the economy, including high cost of cash, high risk of using cash, high subsidy, informal economy, inefficiency and corruption (Adu, 2016). Nevertheless, Borhan (2017) defines electronic transaction technology as one in which there is no transactions frictions that can be reduced through the use of money balances, and that accordingly provide a reason for holding such balances even when they earn rate of return. It is not the complete absence of cash but it is a payment system that is secure, convenient, and affordable. It is an economic system in which goods and services are bought and paid for through electronic media. In Nigeria, the introduction of the
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