Research Journal of Business and Economic Management, 2023
This paper is an in-depth analysis of the pressures that come upon the auditors in public practic... more This paper is an in-depth analysis of the pressures that come upon the auditors in public practice and corporate organisations. Struggle is the meaning of life. When you try to solve one problem you tend to complicate others. Several literature and previous were reviewed, the majority of them with discovery and strong perception that ethical dilemmas involved choosing powerful seemingly ‘justifiable’ non-ethical considerations over strict ethical choices. Such is sometimes the economic dilemma created when auditors are being accountable for their actions. The auditors are sometimes confronted with conflict of interest as considered in most literature reviewed. The TP (Temporary Predictive Behaviour) Cognitive Model with Moral Seduction Theory also forms part of the analysis in this paper. This economic dilemma faced is prop out of fright of the “self-fulfilling prophecy effect” which was further described as the auditor’s fear to precipitate client failure after the release of a warning signal because of its impact on current and potential investors, creditors, suppliers, and customers. The paper concluded that the eventual evaluation of the auditors is vital to the investment decision of the clients’ financial statement users and poses a danger to the continued existence of the client. The study further recommended action that may provide greater economic incentives for the auditor to conduct an ethical audit.
International Journal of Humanities Social Science and Management, 2022
The major push for this research work is to investigate stakeholders' perception on corporate soc... more The major push for this research work is to investigate stakeholders' perception on corporate social responsibility disclosure in annual reports in Nigeria and to tackle the research questions of whether there is a significant difference between the stakeholders that look for social and environmental information. Also if there is significance difference in the type of corporate social disclosure that is sought by potential investors' and whether customers' decisions are independent of social and environmental information disclosed in annual report. This paper under theoretical review explores the relationship between two major concepts in business ethics-stakeholder theory and corporate social responsibility (CSR). It states the fact that CSR is a part of company responsibilities to all stakeholders, and show that there is a need for both concepts in business ethics, and their applicability is dependent on a particular problem we want to solve. The study is empirical and survey method was applied. The results of the investigation established that stakeholders do not consider the annual report as the most important source of social and environmental information. The study exposed the fact that there is no variation in the type of corporate social disclosure that is sought by stakeholders and what is generally seen in corporate annual reports, and that potential investors' and customers' decisions are independent of social and environmental information. It thus recommended that Government should enact a law that makes corporate social responsibility disclosure an obligation with heavy penalty on failure to comply.
The study examines the effect of corporate governance and tax compliance in corporate sector. The... more The study examines the effect of corporate governance and tax compliance in corporate sector. The interfaces of corporate governance with tax compliance are mutual and strongly exclusive. Therefore, the objective of this study is to analyze the link between corporate governance and tax compliance, studying how corporate governance rules can reach a higher level of corporate compliance with the tax system. As partly explained, the structural arrangement of corporate governance rules affects the manner corporate tax obligations are fulfilled; whereas the other part, explains the way tax designs is designed by the government and how the related tax strategies adopted by the corporation as planned influences corporate governance dynamics. This work demonstrates that the characteristics of a taxation system underline the magnitude of benefits accruable to managers adopting opaque transaction style in a business environment with weak corporate governance without the knowledge of the investors. As well as how robust corporate governance practices prevent frolics from the controlling manager. A higher tax rate increases the amount of income a manager would divert, while stronger tax enforcement reduces it and, in so doing, can raise the stock market value of a company in spite of the increase in the tax burden. The study recommended that stakeholders should be conscious of the tax strategy that encourage tax avoidance in their assessment of the risks of investment and that government should endeavor to make the tax regulations less cumbersome to reduce tax loopholes with emphasis on strong corporate governance in order to have a reliable report that illustrates the actual investment.
Environmental disclosure by corporations has been increasing steadily in both size and complexity... more Environmental disclosure by corporations has been increasing steadily in both size and complexity over the last two decades. This study aims at scrutinizing the Determinants of environmental disclosure in Nigeria. Hence the objectives include examining the effect of industry type, leverage and firm size on environmental disclosure. Historical data were obtained from the financial statements and account of firms in the manufacturing and financial sectors listed in the Nigeria Stock Exchange. It was recommended that firms in certain operations that can have effect on the environment should disclose their financial commitments in the annual reports especially those firms that its operations have to do with pollution and other environmental hazard should disclose their environmental information. Adequate number of companies from both manufacturing and non-manufacturing sectors were used for the study with panel data survey of the firms.
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Papers by Muhammed Bello
dilemmas involved choosing powerful seemingly ‘justifiable’ non-ethical considerations over strict ethical choices. Such is sometimes the economic dilemma created when auditors are being accountable for their actions. The auditors are sometimes confronted with conflict of interest as considered in most literature reviewed. The TP (Temporary Predictive
Behaviour) Cognitive Model with Moral Seduction Theory also forms part of the analysis in this paper. This economic dilemma faced is prop out of fright of the “self-fulfilling prophecy effect” which was further described as the auditor’s fear to precipitate client failure after the release of a warning signal because of its impact on current and potential investors,
creditors, suppliers, and customers. The paper concluded that the eventual evaluation of the auditors is vital to the investment decision of the clients’ financial statement users and poses a danger to the continued existence of the client. The study further recommended action that may provide greater economic incentives for the auditor to conduct an ethical
audit.