Papers by Naziru Suleiman
International Journal of Applied Economics, Finance and Accounting, 2018
We have collected and analysed the perception of the experts from the two Nigerian notable anti-c... more We have collected and analysed the perception of the experts from the two Nigerian notable anti-corruption agencies on PSC in Nigeria. Experts from the Independent Corrupt Practices Commission (ICPC) and the Economic and Financial Crimes Commission shared the experiences on how PSC in perceived in Nigeria. These experts are specialists and professionals in various fields of endevours. Furthermore, they are interacting with the phenomenon under investigations in in various capacity as investigators and prosecutors. Our initial aim was to gain an understanding from the perspectives of the corrupt public servants themselves. However, this proved difficult due to the secretive and complex nature of corruption. Even those found guilty of corruption and subsequently convicted, often deny the charges and hence decline speaking about it. Therefore, as the next plausible alternative, an insight from these experts was sought. Through qualitative research methodology paradigm, this study sourced data from face to face interviews with these experts. The finding indicates the perception that PSC in Nigeria is a social reality which is a multifaceted phenomenon. It is being perceived differently depending on the lens through which it is being viewed. Therefore, any meaningful remedy to the menace of corruption in the country should commence at gaining an understanding of the perception held on corruption and appropriately addressing it.
The paper examined the effect of environmental management reputation on financial performance of ... more The paper examined the effect of environmental management reputation on financial performance of the Nigerian companies. This was informed by the need to explore the strategic importance of the EMS_ISO certification and clear the doubt about its contribution to the Nigerian companies’ profitability. It was posit that environmental reputation brings about brand loyalty and incentives. This ultimately increases profitability and subsequently the financial performance of the companies. Data was collected from 11 Nigerian companies operation in environment sensitive industries for a period of 5 years. The regression analysis shows the reputation has a significant positive effect on the companies’ financial performance. That is achievement of environmental reputation through certification contributes to profitability. This finding contributes to the Natural Resource Based theory by supporting the strategic use of environmental reputation to achieve financial performance. Though, caution ...
Qeios
Corruption is increasingly becoming commonplace in Nigeria. Recent discoveries of hidden corrupt ... more Corruption is increasingly becoming commonplace in Nigeria. Recent discoveries of hidden corrupt funds in Nigeria by anti-corruption agencies, particularly the Economic and Financial Crimes Commission (EFCC) in Nigeria, give insight into how severe the menace has become. The amount recovered during the early part of 2017 is shocking, despite the renewed effort to fight corruption by the present administration in Nigeria and, by extension, past governments. This has prompted the question of why corruption occurs and persists in Nigeria. To satisfy this urge, we believe that getting those involved in corruption will be of great significance in unraveling the reality of the issue. However, thoughtfully considering the situation in Nigeria, where, in most instances, even those caught in corrupt acts with overwhelming evidence often deny being corrupt and are ever ready to go to any length in proving their innocence, we oblige for a workable alternative, which is to meet experts from the...
The Qualitative Report, 2021
Despite the increased initiatives to combat corruption, the issue of corruption in the public sec... more Despite the increased initiatives to combat corruption, the issue of corruption in the public sector in Nigeria persists. Past studies have found that one of the flaws is due to the ineffective investigation method. Given the seriousness of the issue, this study explores how forensic accounting investigation conducted by the authorities could assist the government in its initiatives to combat corruption in Nigeria. This study aimed at developing a model for improving the investigation of public sector corruption in Nigeria using forensic accounting techniques. Forensic accounting is a technique for detecting and investigating fraudulent practices in organizations and preparing evidence for expert witnessing at the court of law. In doing so, the Gioia Methodology was used to explore the understanding of the process of how forensic accounting is used to investigate corruption cases. We conducted a total of 24 face-to-face interviews with experts from the two leading anti-corruption ag...
Indian-Pacific Journal of Accounting and Finance
Corruption has been one of the everyday concern for many nations. The effect of corruption has be... more Corruption has been one of the everyday concern for many nations. The effect of corruption has been very devastating in countries across the globe including the developed nations. However, reports indicate that the developing nations are more susceptible to corruption and particularly within the public sector. Nigeria is an example of a developing facing the problem of corruption within the enclave of its public-sector services. Essentially, public sector service performances in Nigeria is inseparable from corruption in one form or the other. Over the years, successive have been making efforts to address the issue of corruption in the country. These efforts eventually saw the emergence of the setting up of two prominent anti-corruption agencies. Still with these agencies corruption persists in the country. Part of the problem identified is lack of competent investigative machinery to appropriately dig into the root of all corruption cases and to prosecute such cases in the court of ...
Asian journal of multidisciplinary studies, 2018
This is study attempts to socially construct the meaning of public sector corruption depicting th... more This is study attempts to socially construct the meaning of public sector corruption depicting the peculiarity. In this regard, the views of experts from the prominent anti-corruption bodies in the country were sought considering their experiences in dealing with the phenomenon. Through the use of the Generic Enquiry Method from the qualitative research method, the study socially construct the meaning of corruption to indicate the abuse of entrusted authority. This is consistent with the position held in the literature on the meaning of correction. Additionally, betrayal of trust and benefiting oneself are the categories found to stand as proxies for the abuse of entrusted authority. The study therefore concluded that any meaningful anti-corruption efforts has to commence from the understanding of the meaning of corruption. __________________
Corruption is a global phenomenon affecting almost every part of the world and often considered a... more Corruption is a global phenomenon affecting almost every part of the world and often considered as the most talked issue in the world. However, the developing nations are reportedly seen to be more hit by the menace of corruption. The incidences and magnitude of corruption is virtually much more prevalent in the developing nations and have negatively impacted on the socio-economic and political developments of these nations. Nigeria as a developing country is characterized by high level of corruption since its independence in 1960. Corruption has been the greatest obstacle to the attainment of the country’s socio-economic development despite the huge potentials of natural and human capital resources the country is endowed with. Throughout the history of the nationhood of Nigeria, corruption has been singled out as responsible for nearly all the woes the country has undergone through and has been the cause of the incessant change of governments in Nigeria including the military-takeo...
Jurnal Dinamika Akuntansi dan Bisnis
Previous evidence has shown that numerous factors influence dividend policy, but how political un... more Previous evidence has shown that numerous factors influence dividend policy, but how political uncertainty influences a firm’s cash dividend policy remains blurry. This study examines the relationship between cash dividends and political uncertainty in Nigeria. More so, the study analyses the interaction effect of firm maturity on the association between the cash dividend and political uncertainty. The study employed an ordinary least squares dummy variable fixed effects with robust standard error on a data set of non-financial listed Nigerian firms. The results revealed that political uncertainty strongly influences a firm’s cash dividend, and a matured firm tends to pay greater dividends than a firm with more growth options. Thus, this finding suggests that matured larger firms pay more dividends during a period of uncertainty. Consequently, the study supported the agency theory and life cycle theory.
The Journal of Social Sciences Research
The objective of this paper is to understand the investigation of economic and financial crimes b... more The objective of this paper is to understand the investigation of economic and financial crimes by the Nigeria’s Economic and Financial Crimes Commission (EFCC). Thus, the study through the use of case study from the qualitative research paradigm attempts to understand from the perspectives of experts from EFCC, the investigation of categories of economic and financial crimes. The findings revealed the concentration on the investigation of Public Sector Corruption (PSC) as compared to other forms of economic and financial crimes. Therefore, the paper recommends the strengthening of the investigation capacity of the EFCC to cover all forms of economic and financial crimes. Notwithstanding the need to stem the tide of PSC in Nigeria, other forms of economic and financial crimes equally have the tendency to retard the country backward in all its developmental processes.
International Journal of Innovative Research and Development
Introduction Economic and financial crimes and particularly the public sector corruption in Niger... more Introduction Economic and financial crimes and particularly the public sector corruption in Nigeria have been considered among the greatest obstacle to the progress of the Nigerian economy (Ijewereme, 2015; Obuah, 2010). Public sector corruption (PSC) prevents foreign investment and other local investments from flourishing in the country because of the increase in the cost associated with doing business (Ijewereme, 2015). Corruption has so infiltrated almost all aspect of the public sector service
The aim of this paper was to gain an understanding of the processes of the initiation of forensic... more The aim of this paper was to gain an understanding of the processes of the initiation of forensic accounting investigation from the perspective of experts in the Nigerian leading anti-corruption body, the Economic and Financial Crimes Commission (EFCC). This qualitative case study mode of enquiry finds four means as precursors to the forensic accounting investigation of PSC in EFCC. The use of media report, intelligent report, whistle blowing and petitions were identified as triggering the commission of forensic accounting investigation of PSC in EFCC. However, a cursory look at these processes revealed that EFCC is more reactive type of investigation organization rather than the proactive one. Hence, EFCC is recommended to strongly imbibe the proactive type of forensic accounting investigation of PSC.
The study examined the effect of contextual factors affecting Nigerian companies’ capital structu... more The study examined the effect of contextual factors affecting Nigerian companies’ capital structure. These are companies' features that influence a choice of financing mix and the level of leverage. Unlike, previous studies this study makes distinct between visible and subtle companies’ contextual features in order to understand the most influential among them. A regression analysis of data from Nigerian companies for five years show a significant negative effect of profitability on the leverage. Whereas, a significant positive effect of assets tangibility and size on leverage is found. This provides evidence that larger Nigerian companies with more fixed assets have more levered capital structure. This aligns with the argument of the trade-off theory of more in capital structure brings more returns. The subtle factors (apart from growth), risk and non-debt tax shield are less noticeable and influential. This is because they are elusive and can be shaken by other factors, not un...
Corruption is increasingly becoming a global phenomenon virtually affecting every part of the wor... more Corruption is increasingly becoming a global phenomenon virtually affecting every part of the world. The effects have been very devastating particularly in the developing nations, by which to a large extent public service functions thrive in an environment heavily characterized by corruption. This paper reviews the relevant and related literature on corruption and then proposes a classification of the type of corruption based on the review
The ever increasing cases of financial frauds and corporate accounting scandals in recent years h... more The ever increasing cases of financial frauds and corporate accounting scandals in recent years have raised more concern on the operation of internal control mechanisms and performance of the internal audit departments in organizations. In most cases the seeming presence of both the internal control system and internal audit in organizations does not prove useful as frauds errors and irregularities are being perpetuated. The aim of this study therefore, is to assess the role of internal audit in achieving the objectives of internal control system of federal hospitals in Kano State from the perception of the respondents. The study used survey research design and generated data from primary source by means of questionnaire. A total number of 100 copies of questionnaire were administered out of which 68 were duly completed and returned. Cronbach’s alpha was used to test the internal validity of the various items in the constructs. Descriptive statistics, chi-square test, Mann Whitney U...
The Qualitative Report, 2021
Despite the increased initiatives to combat corruption, the issue of corruption in the public sec... more Despite the increased initiatives to combat corruption, the issue of corruption in the public sector in Nigeria persists. Past studies have found that one of the flaws is due to the ineffective investigation method. Given the seriousness of the issue, this study explores how forensic accounting investigation conducted by the authorities could assist the government in its initiatives to combat corruption in Nigeria. This study aimed at developing a model for improving the investigation of public sector corruption in Nigeria using forensic accounting techniques. Forensic accounting is a technique for detecting and investigating fraudulent practices in organizations and preparing evidence for expert witnessing at the court of law. In doing so, the Gioia Methodology was used to explore the understanding of the process of how forensic accounting is used to investigate corruption cases. We conducted a total of 24 face-to-face interviews with experts from the two leading anti-corruption ag...
Selfassessment system (SAS) is system under tax administration that encourages voluntary complian... more Selfassessment system (SAS) is system under tax administration that encourages voluntary compliance. This system make it possible for taxpayers to self-assessed themselves and file in accurate tax returns authoritatively. This right could only be exercised if the taxpayers have appropriate knowledge on tax and the system as a whole. This paper intend to explore relationship between corporate taxpayers’ knowledge on SAS and compliance behaviour. A survey questionnaire was distributed to domestic companies in Nigeria whose number were 196 and listed in the Nigerian Stock Exchange. Out of 196 companies, 83 responded and were analyzed using a multiple regression model. The findings in the study, suggest that there is a positive relationship between knowledge on SAS and compliance behaviour which is also significant. The tax authority should increase its education programmes on SAS, to give the taxpayers more knowledge of SAS in the country.
The paper explored contingency theory as it relates to management accounting and organisational s... more The paper explored contingency theory as it relates to management accounting and organisational system. It traced the theory to US research on leadership behaviour and interpersonal relationships. Though the previous studies about were faulted because of nonbest fit in organisations leadership. The theory provides an explanation of organisational behaviour base on contingent factors, thus there is no generalised best fit in leadership style. Also, it is relevant to accounting by its effect on technology and environment. Where management accounting research appreciate its impact on budgeting system and control and information disclosure, among others. However, there is a problem with the theory claim on the static behaviour of organisations and fail to address issues of organisational size. Notwithstanding its shortcomings, the theory is acceptable in leadership studies and management accounting and control research.
The aim of this paper was to gain an understanding of the processes of the initiation of forensic... more The aim of this paper was to gain an understanding of the processes of the initiation of forensic accounting investigation from the perspective of experts in the Nigerian leading anti-corruption body, the Economic and Financial Crimes Commission (EFCC). This qualitative case study mode of enquiry finds four means as precursors to the forensic accounting investigation of PSC in EFCC. The use of media report, intelligent report, whistle blowing and petitions were identified as triggering the commission of forensic accounting investigation of PSC in EFCC. However, a cursory look at these processes revealed that EFCC is more reactive type of investigation organization rather than the proactive one. Hence, EFCC is recommended to strongly imbibe the proactive type of forensic accounting investigation of PSC.
Fraud experts noted that it is essential to obtain clear knowledge on the trends of fraudulent ac... more Fraud experts noted that it is essential to obtain clear knowledge on the trends of fraudulent activities in all business circle through the measurement and observing the compliance level of organizations. This has made it possible through the utilization of specialized investigative skills which gives an inquiry by assisting in the protection and recovery of embezzled assets through civil action. Therefore, this study examines the effect of forensic accounting knowledge on fraud prevention among listed companies in Nigeria. Questionnaires were administered to 177 Auditors of the listed companies out of which 105 auditors responded. The paper also used the multiple regression model to test the hypotheses formulated. Furthermore, the finding suggests that forensic accounting knowledge and complexity are significantly related with fraud prevention. It is therefore recommended that auditing staff of these companies should have more forensic accounting knowledge so as to serve as a tool...
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Papers by Naziru Suleiman