Human Resource Accounting and Financial Performance of Firms in Nigeria: Evidence from Selected Listed Firms on the Nigerian Stock Exchange (Published)
The study investigated human resource accounting and financial performance of firms in Nigerian. The specific objective of the study is to determine the extent to which human resource influence the firms’ profit after tax, total revenue and net asset. The hypotheses formulated were tested at 5% level of significance using SPSS software and multiple regression analysis as the statistical tool. The result revealed that PBC has significant and positive impact on the PAT, while there is a negative impact on the Net Asset. The research therefore concludes that human resources contribution to the financial growth of firms cannot be overemphasized. Firms should have the culture of training, developing and motivating the personnel to put in their best for the financial growth of their organizations. Providing them with infrastructures and a conducive working environment could reduce the rate of job turnover being experienced among firms
The study examined the effect of human capital development on financial performance of banks in Nigeria. The specific objective was to determine the extent to which the banks PDW affects the PAT, TR and the NA. The research design employed was a cross sectional survey design. Time series data which comprise PDW, PAT, TR, and NA of quoted commercial banks in the NSE were the secondary data used. Statistical tools of Multiple Linear Regression and student t-test were used for the analysis. The regression model was estimated through the use of statistical package for social sciences (SPSS). The three null hypotheses used in this study were tested at 5% level of significance. The result obtained showed a no effect on PAT and no effect on TR, but a negative effect on NA. The p-value for all the independent variables are not significant. The F-test showed a good fit for the model. The study therefore concludes that banks have not invested adequately on human capital development that is why the effect on financial performance is not significant. Therefore commercial banks in Nigeria are advised to give more attention to human capital development by way of training and adequate welfare to enhance their productivity.
Customer Relationship Management and Profitability of Money Deposit Banks In Nigeria (2006 – 2015) (Published)
The study investigated the customer relationship management and profitability of money deposit banks in Nigeria from 2006 to 2015. Ten banks out of twenty one functioning banks were selected for the study. The specific objective was to ascertain the extent to which bank CRP affect the TR and PAT. Secondary data employed were from the annual reports from banks published in the NSE website. Multiple regression analysis and student t-test were the statistical tools employed, with the use of SPSS for both data analysis and to test the hypotheses formulated for the study at 5% level of significance. The result indicated that CRP has a significant relationship with the total revenue of banks with little or no impact. Since the impact on TR is not much, its relationship with PAT is not significant while the impact is negative. The study therefore concludes that if banks can give more attention to customer relationship management, the revenue base (income from customers) will have a boost and operating overhead will not absorb all the income. As a result, there will be enough retained profit to pool back (reinvest) into the business.