EFFECT OF CREATIVE ACCOUNTING PRACTICES ON THE PERFORMANCE OF NIGERIAN BANK

Ezuwore, Obodoekwe and Agbo, Elias Igwebuike (2020) EFFECT OF CREATIVE ACCOUNTING PRACTICES ON THE PERFORMANCE OF NIGERIAN BANK. EPRA International Journal of Research and Development (IJRD), 5 (9). pp. 18-30. ISSN 2455-7838

[img] Text
EFFECT OF CREATIVE ACCOUNTING PRACTICES ON THE PERFORMANCE OF NIGERIAN BANKS.pdf
Download (394kB)

Abstract

This study examines the effect of creative accounting practices on the performance of Nigerian banks. Specifically, it is aims at finding out the extent to which the intentional manipulations or omissions of amounts or disclosures in financial statements has a negative effect on beating analysts’ forecasts about future banking performance in Nigeria and if the misreporting of assets and liabilities has a significant negative effect on attracting investors to Nigerian banks. The survey research design was employed. Primary data were obtained using questionnaire designed in five-response options of Likert-Scale. The population of this study comprised all the bank managers and accountants in Nigerian banks while the sample of the study was made up of 50 managers and 303 accountants drawn from all the banks currently operating in the Enugu metropolis.. The findings reveal that the intentional manipulations or omissions of amounts or disclosures in financial statements has a significant negative effect on beating analysts’ forecasts about future banking performance in Nigeria and (ii) the misreporting of assets and liabilities has a significant negative effect on attracting investors to Nigerian banks. Based on the above, the study recommends that creative accounting should not be practiced in Nigerian banks.

Item Type: Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 04 Oct 2021 07:52
Last Modified: 04 Oct 2021 07:52
URI: http://eprints.gouni.edu.ng/id/eprint/3183

Actions (login required)

View Item View Item
GOUNI Repository is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.