Kwara State University
OLORUNTOBA OYEDELE
Designation: LECTURER 1
Department: Accounting and Finance
| My Publications | ||||||||
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| S/N | Title | Abstract | Authors | Volume Numbers | Publication Type | Publication Date | Link | |
| 1 | THE EFFECT OF CORPORATE GOVERNANCE MECHANISM ON TIME FINANCIAL REPORTING OF LISTED DEPOSIT MONEY BANKS IN NIGERIA |
Timeliness is regarded as important qualitative characteristics of accounting financial information may become stale after a few months or more. The stale the financial report is, the less relevant it is to users, especially potential investors and creditors. The financial health of banks is usually assessed through the annual reports and account, hence the timely presentation of banks annual financial report is very crucial to investors, shareholders and other users of financial statement. Therefore, the broad objective of this study is to examine effect of corporate governance mechanism on timely financial reporting of listed deposit m Banks in Nigeria. The specific objectives are to: (1) examine the influence of broad diligence on timely financial reporting of the listed deposit money banks in Nigeria and (ii) assess the impact of broad financial expertise on timely financial reporting of the listed deposit money banks in Nigeria. The ex-post facto research design was employed with the population consisting of thirteen (13) listed DMB's which was entirely adopted with the use of a census method. Descriptive and Panel regression techniques were employed in the analysis of the secondary data obtained from the annual reports and accounts of the sampled firms for the period of 8 years (2010-2017). The study found out that board diligence (2.4094) with the p value of 0.000 had a positive and significant influence on timely financial reporting while board financial expertise (12.2470) with the p-value of 0.000 had a negative significant effect on timely financial reporting of listed deposit money banks in Nigeria. This implies that corporate governance mechanism affects the early or delay presentation of annual reports and accounts. The study concludes that effective corporate governance mechanism significant reduce delay in the presentation of annual reports and accounts of listed deposits money bane in Nigeria. The study recommends that deposit money banks in Nigeria | Oyedele, O. & Adewoye, A.O. | Vol. 3 issue 1. ISSN: 0442-01489 | Journal of Accounting and Finance, | 2020-06-01 | ||