CORPORATE GOVERNANCE MECHANISM AND ACCOUNTING CONSERVATION OF LISTED MANUFACTURING COMPANIES IN NIGERIA

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  • Eno G. Ukpong Doctor of Accounting, Senior Lecturer, Department of Accounting, Faculty of Management Sciences, Akwa Ibom State University (AKSU), Obio Akpa Campus, Akwa Ibom State, Nigeria
  • Hycienth C. Abuaja Doctor of Accounting, Department of Accounting, Faculty of Economics and Management Sciences, Abia State University (ABSU), Uturu, Abia State, Nigeria
  • Essien A. Ukpe Department of Accounting, Faculty of Management Sciences, Akwa Ibom State University (AKSU), Obio Akpa Campus, Akwa Ibom State, Nigeria

DOI:

https://doi.org/10.46827/ejefr.v7i3.1525

Klíčová slova:

Corporate Governance Mechanism (CGM), accounting conservation, listed companies in Nigeria

Abstrakt

This study assessed the relationship between Corporate Governance Mechanism (CGM) and Accounting conservation of selected listed companies in Nigeria. The study adopted an expo-facto research design. The population of the study was 57 companies listed on the Nigeria Exchange group. The sample was determined using Taro Yamane formula which gave a sample size of 25 companies. The study covered the period 2007 to 2021 financial year. The study used secondary data. The data were analyzed using descriptive statistics and linear regression analysis. The result of the analysis shows that the effect of Board Size on the accounting conservatism of listed manufacturing firms in Nigeria is statistically significant. Board independence has a significant influence on the accounting conservatism of listed manufacturing firms in Nigeria. It was recommended that companies should avoid small board sizes and target maintaining the optimal number of members on their boards consistent with governance codes of practice. Evidence from this study shows that large board size has significant positive trade-off on accounting quality and conservatism.

JEL: M14, M40, M41, M42, M49

 

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Biografie autora

  • Eno G. Ukpong, Doctor of Accounting, Senior Lecturer, Department of Accounting, Faculty of Management Sciences, Akwa Ibom State University (AKSU), Obio Akpa Campus, Akwa Ibom State, Nigeria

    Dr. Eno Gregory Ukpong specializes in Oil and Gas Accounting, Financial Accounting and Corporate Reporting. She obtained her B.sc., and M.sc., degrees both from the University of Uyo, Akwa Ibom State and her Ph.d. degree from the Abia State University (ABSU), Uturu, Abia State. Currently, she teaches many courses at undergraduate and postgraduate levels in the Akwa Ibom State University (AKSU) and also serves as the Head of Accounting Department. Her scholarship spans over a decade and she has over twenty-five publications in both local and international Journals of high repute to her credit. Dr. Eno is open to scholarly collaboration within her research interests.

  • Hycienth C. Abuaja, Doctor of Accounting, Department of Accounting, Faculty of Economics and Management Sciences, Abia State University (ABSU), Uturu, Abia State, Nigeria

    Dr. Hycienth Chinwendu Abuajah hails from Abia State, Nigeria. He obtained his B.Sc., M.Sc., Ph.D. degrees, all in Accounting from the Abia State University (ABSU), Uturu, Nigeria. He is a member of the Association of National Accountants of Nigeria (ANAN), and also a member Chartered Institute of Taxation of Nigeria (CITN). Presently, he works with the Abia State Universal Basic Education Board as the Director of Finance, Ikwuano Local Government Education Authority, and had previously served as an Internal Auditor at various Local Government Education Authorities. Dr. Hycienth has many publications at local and international Journals. He is also lectures at the Nigeria College of Accountancy, Umuahia Study Center, Abia State in affiliation with ABSU.

  • Essien A. Ukpe, Department of Accounting, Faculty of Management Sciences, Akwa Ibom State University (AKSU), Obio Akpa Campus, Akwa Ibom State, Nigeria

    Mr. Essien Amos Ukpe specializes in Public Sector Accounting and Corporate Governance. Presently, he is a lecturer in the Department of Accounting, Akwa Ibom State University (AKSU). He obtained his B.Sc. and M.Sc. degrees both from the Cross River University of Technology (CRUTECH), in 2010 and 2015 respectively. Mr. Essien is also a Certified Public Accountant and was recognized by CPA, USA. Before joining AKSU in 2014, Mr. Essien had a successful business career. He has taught several courses relating to Accounting and has published several scholarly articles in both national and international journals. He is open to collaboration within his research interest.

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Stažení

Publikováno

2023-07-29

Číslo

Vol 7 No 3 (2023)

Sekce

Articles