Papers by ONOWU J O S E P H UCHE
Journal of Management and Accounting Innovations University of Canter bury, Upper Riccarton,NewZealand, 2024
This study investigated the effect of ownership identity on financial performance of listed depos... more This study investigated the effect of ownership identity on financial performance of listed deposit money banks in the Nigerian Exchange Group. Data on two components of ownership identity (managerial ownership identity, and institutional ownership identity) and two financial performance proxies (return on assets, and return on equity) were employed as dependent and independent variable proxies. The study employed ex-post facto research design. The population of the study was fourteen (14) listed deposits money banks in the Nigerian Exchange Group, and ten (10) listed deposit money banks was used as sample size employing purposive sampling technique. The data used in the study was secondary data and it was sourced from annual reports and statement of accounts of the selected firms between 2015 and 2022. The method of data analysis was descriptive statistics, unit root test, diagnostic tests, Hausman Test and Panel Least Square (PLS) regression technique with the help of E-view 12, while the Moderated Multiple Regression (MMR) techniques were used for the purpose of moderating variable analysis with the help of SPSS. The result revealed that the effect of managerial ownership identity on return on assets of listed deposit money banks in Nigeria is positive and insignificant, the effect of managerial ownership identity on return on equity of listed deposit money banks in Nigeria is positive but statistically insignificant, the effect of managerial ownership identity on earnings per share of listed deposit money banks in Nigeria is negative and insignificant, the effect of institutional ownership identity on return on assets of listed deposit money banks in Nigeria is negative and insignificant, the effect of institutional ownership identity on return on equity of listed deposit money banks in Nigeria is negative and insignificant, the effect of foreign ownership identity on return on assets of listed deposit money banks in Nigeria is negative and insignificant, the effect of foreign ownership identity on return on equity of listed deposit money banks in Nigeria is negative and insignificant. The study generally concluded that the effect of ownership identity on financial performance measures of the studied deposit money banks (DMBs) is positive and insignificant for the time frame investigated. The study recommends amongst other that the managerial investors should have extensive networks and connections that can provide access to potential business opportunities, partnerships, and collaborations. These opportunities can help companies enhance their return on assets by expanding their customer base, entering new markets, or improving operational efficiency.
Journal of Accounting & Marketing Research, 2025
This study examined earnings management and financial reporting quality of listed insurance compa... more This study examined earnings management and financial reporting quality of listed insurance companies in Nigeria. The study was guided by seven specific objectives, seven research questions and seven research hypothesis. The population of the study was 25 listed insurance companies in Nigeria, the sample size was 21, and the study employed ex-post facto research design. The data used in the study was secondary data and it was sourced from annual reports and statement of accounts of the selected firms between 2013 and 2019. The method of data analysis was descriptive statistics, unit root test, diagnostic tests, Hausman Test and Panel Least Square (PLS) regression technique with the help of E-view 12, while the Moderated Multiple Regression (MMR) techniques were used for the purpose of moderating variable analysis with the help of SPSS. The result revealed that there is a positive and significant relationship between accrual earnings and faithful representation of insurance companies in Nigeria. There is insignificant relationship between income smoothness and faithful representation of listed insurance companies in Nigeria. There is insignificant relationship between earnings persistence and faithful representation of listed insurance companies in Nigeria. There is a significant relationship between accrual earnings and the relevance of listed insurance companies in Nigeria. Based on the findings, recommendations were made as follow; Insurance companies in Nigeria's accrual earnings are positive and significantly related. Thus, management should maintain this level of accrual earnings management, insurance companies should reduce the rate of income smoothness to enhance the credibility and financial reports quality, and the insurance sector should monitor the compliance with the provisions of the Nigerian code of corporate governance by companies. This will help strengthen the faithful representation of financial reports.
Advanced Journal of International Management and Accounting, 2024
The study examined computerized accounting system and fraud prevention in public sector organizat... more The study examined computerized accounting system and fraud prevention in public sector organizations in Rivers State, Nigeria. The Specific objectives of the study among others were to; examine the relationship between government integrated financial management information system (GIFMIS) and payroll fraud (PF). Also, examine the relationship between treasury single account (TSA) and payroll fraud (PF). Examine the relationship between integrated payroll and personnel information system (IPPIS) and payroll fraud (PF). This study adopted correlational survey research design. The targeted population consisted fifteen (15) federal public sector organizations in Rivers state, Nigeria. The instrument for this study was primary data. The formulated research questions were analyzed with descriptive statistics. The hypotheses were tested using the Ordinary Least Square (OLS) Model regression analysis with the aid of E-view (10). The findings of the study among others shows that; there is a significant relationship between government integrated financial management information system and payroll fraud in federal public sector organizations in Rivers state, Nigeria. Also, there is a significant relationship between treasury single account and payroll fraud in federal public sector organizations in Rivers state, Nigeria. And there is no significant relationship between treasury single account and payroll fraud in federal public sector organizations in Rivers state, Nigeria. Based on the synopsis of the findings the study advances the following recommendations that though, government integrated financial management information system has contributed significantly to payroll fraud prevention. There is necessity for the of Nigerian government to be proactive in the combat against fraud in its civil service, the federal government should continue to operate with the principles of single treasury account because of the positive influence it has on the effectiveness of public finance management in areas of fraud control and accurate accounting, Ministries, public enterprises and parastatals should regularly monitor their top administrative and management activities and prosecute any officer(s) found embezzling public funds and make the head of account unit answerable for any such misappropriation.
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Papers by ONOWU J O S E P H UCHE