CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS
Information about the performance of firms is very important to investors for making investment decision. However, investors of firms in developing economies particularly in Nigeria are faced with the problem of access to relevant and reliable information. In view of this, this study examines the e...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidad Francisco de Paula Santander Ocaña
2024-07-01
|
| Series: | Revista Científica Profundidad Construyendo Futuro |
| Subjects: | |
| Online Access: | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4776 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850261161380937728 |
|---|---|
| author | ABOGUN Segun Mubarak Orilonise ISAH Dauda Abubakar Sadiq KASUM |
| author_facet | ABOGUN Segun Mubarak Orilonise ISAH Dauda Abubakar Sadiq KASUM |
| author_sort | ABOGUN Segun |
| collection | DOAJ |
| description |
Information about the performance of firms is very important to investors for making investment decision. However, investors of firms in developing economies particularly in Nigeria are faced with the problem of access to relevant and reliable information. In view of this, this study examines the effect corporate governance has on earnings persistence of Nigerian listed firms. This research employed the explanatory research design. It generated sampling frame for companies that are listed in 2002 and continues to be listed up to 2021, the entire 51 companies were used, using census sampling technique. Secondary data was employed for this study, extracted from the companies’ audited annual reports. The data obtained were analyzed using dynamic panel regression model. Findings from this study show that: (i) previous year earnings significantly influence current year earnings. (ii) Corporate governance has significant negative influence on the earnings of Nigeria listed firms. (iii) Current year earnings are significantly influenced by the interaction between corporate governance and the past year’s earnings. The study recommends the need for Nigeria listed firms to focus on improving their governance structures through appointing independent directors to the board, establishing effective internal control systems, and ensuring that executive compensation is aligned with long-term performance.
|
| format | Article |
| id | doaj-art-ad37289a4b284144bd1a54ea54458531 |
| institution | OA Journals |
| issn | 2422-2518 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | Universidad Francisco de Paula Santander Ocaña |
| record_format | Article |
| series | Revista Científica Profundidad Construyendo Futuro |
| spelling | doaj-art-ad37289a4b284144bd1a54ea544585312025-08-20T01:55:30ZengUniversidad Francisco de Paula Santander OcañaRevista Científica Profundidad Construyendo Futuro2422-25182024-07-01212110.22463/24221783.4776CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMSABOGUN Segun0Mubarak OriloniseISAH DaudaAbubakar Sadiq KASUMUniversity of Ilorin Information about the performance of firms is very important to investors for making investment decision. However, investors of firms in developing economies particularly in Nigeria are faced with the problem of access to relevant and reliable information. In view of this, this study examines the effect corporate governance has on earnings persistence of Nigerian listed firms. This research employed the explanatory research design. It generated sampling frame for companies that are listed in 2002 and continues to be listed up to 2021, the entire 51 companies were used, using census sampling technique. Secondary data was employed for this study, extracted from the companies’ audited annual reports. The data obtained were analyzed using dynamic panel regression model. Findings from this study show that: (i) previous year earnings significantly influence current year earnings. (ii) Corporate governance has significant negative influence on the earnings of Nigeria listed firms. (iii) Current year earnings are significantly influenced by the interaction between corporate governance and the past year’s earnings. The study recommends the need for Nigeria listed firms to focus on improving their governance structures through appointing independent directors to the board, establishing effective internal control systems, and ensuring that executive compensation is aligned with long-term performance. https://revistas.ufps.edu.co/index.php/profundidad/article/view/4776Corporate GovernanceEarnings persistenceFirm performancegovernance structureNigeria |
| spellingShingle | ABOGUN Segun Mubarak Orilonise ISAH Dauda Abubakar Sadiq KASUM CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS Revista Científica Profundidad Construyendo Futuro Corporate Governance Earnings persistence Firm performance governance structure Nigeria |
| title | CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS |
| title_full | CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS |
| title_fullStr | CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS |
| title_full_unstemmed | CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS |
| title_short | CORPORATE GOVERNANCE AND EARNINGS PERSISTENCE OF LISTED NIGERIAN FIRMS |
| title_sort | corporate governance and earnings persistence of listed nigerian firms |
| topic | Corporate Governance Earnings persistence Firm performance governance structure Nigeria |
| url | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4776 |
| work_keys_str_mv | AT abogunsegun corporategovernanceandearningspersistenceoflistednigerianfirms AT mubarakorilonise corporategovernanceandearningspersistenceoflistednigerianfirms AT isahdauda corporategovernanceandearningspersistenceoflistednigerianfirms AT abubakarsadiqkasum corporategovernanceandearningspersistenceoflistednigerianfirms |