https://gja.unilag.edu.ng/issue/feed Global Journal of Accounting 2025-06-27T10:57:48+00:00 Collins S. Oboh coboh@unilag.edu.ng Open Journal Systems <p>The Global Journal of Accounting (GJA) is a peer- review journal dedicated to publishing original and high-quality articles based on diverse methodological and theoretical approaches that address topical issues in accounting with implications for theory and practice, and curriculum development in accounting education. The journal welcomes high quality manuscripts that are analytical, empirical or theoretical in approach.</p> https://gja.unilag.edu.ng/article/view/2563 The Impact of Banks’ Liquidity on Economic Growth in Nigeria 2025-05-12T13:31:26+00:00 Isaac Azubuike Ogbuji chibuike3014@gmail.com <p><em>This study investigates the impact of liquidity management indicators on the Gross Growth Rate (GGR) in Nigeria from 1999 to 2022. Utilizing a Generalized Linear Model (GLM) approach, the research explores how some bank liquidity metrics, specifically the liquidity ratio (LR), loan-to-deposit ratio (LTD), cash reserve ratio (CRR), interest rate (INT), and inflation rate (INF) influence economic growth. The findings indicate that liquidity management significantly impact economic growth, with LR, LTD, and CRR having negative impact on GGR. In contrast, INT showed a positive impact, highlighting the importance of lower interest rates in stimulating economic activity in Nigeria. The study also revealed that, when all independent variables are held constant, the GGR is expected to be approximately 4.65%. The study concludes that effective liquidity management and appropriate monetary policies are crucial in fostering economic growth in Nigeria. Recommendations include optimizing liquidity management practices, reviewing cash reserve requirements and promoting lower interest rates. This research contributes to the understanding of liquidity dynamics in developing economies like Nigeria.</em></p> 2025-05-12T00:00:00+00:00 Copyright (c) 2025 Global Journal of Accounting https://gja.unilag.edu.ng/article/view/2564 Corporate Governance Characteristics and Non-Financial Performance of Listed Financial Institutions in Nigeria 2025-05-12T13:28:49+00:00 Okwy Peter Okpala ookpala@unilag.edu.ng Ini Etete Udofia iniyang2005@yahoo.com Abdurrahman Pedro iniyang2005@yahoo.com <p><em>This study explores the relationship between corporate governance and the non-financial performance of listed financial institutions in Nigeria. It specifically investigates how corporate governance practices in banks and insurance companies listed on Nigeria’s exchange group influence their non-financial performance, using historical financial data from 2019 to 2023. The effects of board size, board diversity, audit committee size and frequency of board meetings on growth in customers deposit, complaints resolution rate and growth in training and development of listed financial institutions in Nigeria were examined. The study collected data from the annual reports of 30 financial institutions comprising 13 deposit money banks and 17 insurance companies. The study employed a general least squares (GLS) multiple regression analysis to analyse the panel data. The findings reveal no significant correlation between corporate governance and non-financial performance, suggesting that other factors—such as the quality of board interactions or the effectiveness of information-sharing processes—may play a more critical role in driving non-financial performance than the frequency board meetings, board size, audit committee and board diversity. The study recommends that Nigerian financial institutions should continue efforts to improve board diversity, particularly by increasing the representation of women and other underrepresented groups.</em></p> 2025-05-12T00:00:00+00:00 Copyright (c) 2025 Global Journal of Accounting https://gja.unilag.edu.ng/article/view/2565 Credit Decision Making process in FinTech Services in Nigeria: An Application of Logistic Regression Credit Scoring 2025-05-12T14:07:00+00:00 Lukman Abolaji Ajijola lajijola@unilag.edu.ng Sunday Lawrence Solanke lajijola@unilag.edu.ng <p><em>A Robust Enterprise Risk Management (ERM) framework is very critical for FinTech sustainability and continuity as it helps to manage potential losses from lending activities. To this end, the objective of this study is to identify the factors influencing credit risk and to examine credit scoring process for credit risk decision making in FinTech companies in Nigeria. Logistic regression-based methodology was employed to improve and optimized the traditional approach of credit risk decision making. The study utilizes secondary data from a FinTech company over three-years, focusing on both corporate and individual clients who have closed loans with varying tenors. Python software was used to process and analyzed the retrieved data and the key predictors impacting loan repayment behaviour are identified. Loan amount, frequency of repayment and number of dependents are strong predictors while marital status, net pay after statutory deductions, disbursement turn-around-time (TAT) and years in service show moderate predictive strength. This study contributes to the literature by demonstrating the effectiveness of logistic regression in improving credit risk assessment models for FinTech companies in Nigeria. The findings emphasize the need for FinTech companies to integrate logistic regression models into credit scoring systems to enhance risk assessment accuracy and business value creation. </em></p> 2025-05-12T00:00:00+00:00 Copyright (c) 2025 Global Journal of Accounting https://gja.unilag.edu.ng/article/view/2620 Tax Revenue and Economic Growth in Nigeria (2015–2023): An Empirical Analysis 2025-06-16T12:43:54+00:00 Ify Michael CHIJUKA oiredele@unilag.edu.ng Andrew Osaretin IZEKOR makeem-omosanya@unilag.edu.ng <p><em>Tax revenue is a critical tool for achieving economic development, as it provides governments with the resources needed to finance public goods and services. This study examines the impact of tax revenue components—Petroleum Profit Tax (PPT), Customs and Excise Duties (CED), and a composite index of Value Added Tax (VAT) and Corporate Income Tax (CIT)—on economic growth in Nigeria from 2015 to 2023. Using a quantitative research design, secondary data were analyzed through regression techniques to evaluate the relationship between tax revenue and Real GDP Growth. The results reveal that all examined tax components positively and significantly impact economic growth, with PPT contributing the most, followed by CED and the VAT_CIT composite index. The model explains 89.1% of the variance in Real GDP Growth, highlighting the robustness of the predictors. The findings emphasize the importance of efficient tax administration, diversification of revenue sources, and compliance culture in fostering sustainable economic growth. The study recommends strengthening non-oil revenue streams, enhancing digital tax systems, and addressing trade bottlenecks to maximize the impact of tax revenues on Nigeria's economic growth. These insights are relevant for policymakers seeking to improve fiscal performance and achieve long-term economic stability.</em></p> 2025-06-16T12:43:54+00:00 Copyright (c) 2025 Global Journal of Accounting https://gja.unilag.edu.ng/article/view/2621 Influence of Employee Commitment on Organisational Performance at the University of Benin 2025-06-16T13:06:08+00:00 Imade Iduozee imade.iduozee@uniben.edu Matthew Iduozee matthewiduozee@gmail.com Dania R. Omoyebagbe omoyebagbe.dania@uniben.edu <p><em>This study examined employee commitment and organisational performance at the University of Benin, Benin City. The objective of the study was to ascertain whether affective commitment significantly translates to organizational performance, Examine whether continuance commitment significantly translates to organizational performance and find out whether normative commitment significantly translates to organizational performance. This study adopted a descriptive survey research design. Data were primarily sourced by administering copies of questionnaires as instruments for data collection. The study population comprises all the one thousand seven hundred and twenty-eight academic staff of the University of Benin. Thus, an approximate sample size of 325 was used for the study and determined using Yamane's (1964) formula since the population was known. Research data were descriptively analysed using descriptive and inferential statistics such as Frequency table, means, standard deviations and multiple regression analysis. Data analysis was performed using the Statistical Packages for Social Sciences. Results revealed </em><strong><em>significant positive relationships</em></strong><em> between both affective commitment (β = 0.229, p = 0.003) and continuance commitment (β = 0.176, p = 0.022) with organisational performance at the 5% significance level. However, normative commitment showed </em><strong><em>no significant impact</em></strong><em> (β = 0.040, p = 0.637). The study recommends institutional strategies to reinforce affective and continuance commitment, including timely salary payments, merit-based promotions, recognition programs, and fostering a supportive work environment to enhance staff dedication and performance. These measures aim to align employee engagement with the university’s strategic goals, addressing gaps in normative commitment’s influence while leveraging emotional and economic drivers of productivity.</em></p> 2025-06-16T13:06:08+00:00 Copyright (c) https://gja.unilag.edu.ng/article/view/2638 Integrated Reporting and Financial Performance of Selected Manufacturing Firms in Nigeria: An Empirical Analysis of the Moderating Effect of Corporate Governance 2025-06-26T22:24:21+00:00 Babatunde Diekolola OSINUPEBI osinupebi.bd@lasustech.edu.ng Tosin Dare BODUNDE tosod1@gmail.com <p><em>As business landscape continues to grapple globally with the challenges of accountability, transparency, and sustainability the need for a more detailed and integrated reporting approach to financial reporting has never been more tenacious. This study hereby examines the relationship between IR and financial performance, and also consider the moderating role of corporate governance in this relationship. This study adopted quantitative research design, and a sample of five (5) listed companies were selected based on their commitment to IR. Secondary data were collected from the annual reports of the companies, and from the Nigerian Stock Group. The data was analyzed using descriptive statistics, correlation and hierarchical multiple regression. The results of the study show that IR is significantly positively related to financial performance, measured by return on assets (ROA). This finding supports the notion that IR is associated with improved financial performance. The study reveals that corporate governance moderates the relationship between IR and financial performance, such that the relationship is stronger for companies with stronger corporate governance practice. Findings from this study has practical implications for businesses, investors, and regulators. For businesses, the findings suggest that adopting IR practices can lead to improved financial performance. For investors, the findings suggest that IR can be used as a tool to evaluate organisation's financial performance and potential for long-term sustainability. Finally, IR practices to regulators, can promote formulation of policy for stability in the capital market. </em></p> 2025-06-26T22:24:21+00:00 Copyright (c) https://gja.unilag.edu.ng/article/view/2639 Digital Financial Services, Foreign Direct Investment and Economic Growth in Nigeria 2025-06-26T22:32:12+00:00 L. E. Igbinovia lawson.igbinovia@uniben.edu Emmanuel Seun Shittu smartresearchers82@gmail.com <ul> <li><em>This study investigates how digital financial services, foreign direct investment (FDI) affect Nigeria's economic growth. The study used the Ordinary Least Squares (OLS) regression technique. The results revealed that the effect of point of sales terminal, Automated teller machine and mobile banking transactions are statistically insignificant, i.e., though, digital financial services have expanded, their role in economic growth is low. In addition, the study reveal that foreign direct investment (FDI) has a strong negative effect on Gross domestic product, which contradict modern economic theory. Therefore, to establish a strong environment for foreign direct investment, strong digital financial regulatory framework, high-value foreign direct investment, and most especially aggressive financial literacy needs to be in place.</em></li> </ul> 2025-06-26T22:32:12+00:00 Copyright (c) https://gja.unilag.edu.ng/article/view/2640 Forensic Accounting and Tax Administration in Edo State 2025-06-26T22:49:28+00:00 Joseph Oseikhuemhen OJEAGA joseph.ojeaga@uniben.edu Oghenekowhodo Super SAGIN saginsuper@gmail.com <p><em>In the current IT-powered environment in which the majority of firms function, traditional tax administration is no longer viable. With an emphasis on Edo State, this study will look at forensic accounting and tax administration in Edo State, Nigeria. Examining the effects of forensic tax audit, forensic tax assessment, and forensic tax administration on Edo State tax administration is one of the specific goals. A sample of 347 questionnaires were given to tax professionals and employees of the Federal and State revenue services that operate in Benin-City Edo State using a survey research design. The data was analyzed using straightforward percentages and tables, and the hypothesis was tested using regression analysis. The results of the study indicate that forensic tax assessment, forensic tax audit, and forensic tax investigation have a positive and significant relationship with tax administration in Edo State, Nigeria. The study concluded that forensic accounting and tax administration in Edo State have a positive and significant relationship, and it recommends that all tax authorities, both federal and state, hire forensic accountants to work in their offices in order to stop the wave of tax fraud that has negatively impacted tax revenue generated.</em></p> 2025-06-26T22:49:28+00:00 Copyright (c) https://gja.unilag.edu.ng/article/view/2643 Forensic Accounting and Fraud Management of Listed Deposit Money Banks in Nigeria 2025-06-27T10:13:16+00:00 Adesanmi Timothy ADEGBAYIBI adesanmi.adegbayibi@aaua.edu.ng <p><em>The increasing complexity of financial crime has driven calls for enhanced financial system safety, requiring the introduction of extensive forensic accounting. In view of this, this study examined the influence of forensic accounting on fraud management in Nigerian listed deposit money banks (DMBs). This study employed a survey research design. The study covered 308 staff members of purposively selected 10 DMBs listed on the Nigerian Exchange Group as of December 31, 2022. The data was investigated via descriptive statistics and ordinary least squares regression. The study revealed that forensic analytics, forensic review, and fraud risk assessment positively and significantly affect the fraud management of listed DMBS in Nigeria. The study concludes that enhancing forensic accounting processes considerably boosts the identification, prevention, and management of fraudulent conduct within financial institutions. It was recommended that management should invest in advanced forensic analytics technology to increase its power to detect and address fraudulent conduct by evaluating enormous volumes of financial data for irregularities. Financial institutions should perform thorough, frequent, and full reviews of financial data to uncover abnormalities and suspected fraudulent activities early. Management should add fraud assessments into their routine auditing methods to continuously monitor and fix vulnerabilities.</em></p> Copyright (c) 2025 Global Journal of Accounting https://gja.unilag.edu.ng/article/view/2642 Augmenting Public Sector Accountability, Transparency, and Inclusiveness through Integrated Financial Data Management Systems: A Theoretical Context 2025-06-27T10:57:48+00:00 Uche Nweze Augustine calebian22002@gmail.com Rita Onyinyechukwu Okolie calebian22002@gmail.com Caleb Daniel A. Jesuwunmi calebian22002@gmail.com <p><em>This theoretical study examines the nexus between data management, financial management systems, transparency, accountability, and inclusiveness within the Nigerian public sector accounting system, providing a conceptual framework for understanding their interrelationships. The study suggests that effective data management and financial management systems are critical for promoting transparency, accountability, and inclusiveness in public sector accounting. The study's theoretical framework, which integrates the theories, provides a foundation for understanding the relationships between these concepts. The study recommends that public sector organizations in Nigeria invest in effective data management and financial management systems, develop the capacity to implement and maintain these systems, and provide training and support to public sector accounting professionals. Additionally, the study suggests that the Nigerian government establish a regulatory framework to ensure that public sector organizations implement and maintain effective data management and financial management systems. Overall, the study contributes to the existing literature on public sector accounting and highlights the need for ongoing research and evaluation to ensure that data management and financial management systems are effective and sustainable in the long term.</em></p> 2025-06-27T10:57:48+00:00 Copyright (c)