GPH-International Journal of Business Management

DEFINED BENEFIT PENSION ACCOUNTING AND MARKET VALUE PER SHARE OF QUOTED PHARMACEUTICAL FIRMS IN NIGERIA

2023-09-15T13:00:56+00:00

The study examineddefined benefit pension accounting and market value per share of quoted pharmaceutical companies in Nigeria. The research design adopted for this study was the ex-post facto design to investigate the relationship between Defined Benefit Pension Accounting and Market Value Per Share of Quoted Pharmaceutical Companies in Nigeria. The data used in this research were secondary data sourced from yearly account reports of these pharmaceutical companies named in Nigeria stock exchange fact books for time period of eleven years ranging from year 2011 to 2021. The sample size was three quoted pharmaceutical firms that have been trading consistently with the said period, while population was all the nine quoted pharmaceutical companies listed on the Nigeria stock exchange group. The Statistical tools used to analyze the data were descriptive Statistics, PPM correlation index, OLS and MRT as contained in SPSS package version were used to analyze the data and test research hypotheses.Secondary data was used to analysis the variables under study andthe study concluded that; there is a significant relationship between benefit service cost and market value per share which suggest that benefit service cost, as a proxy for independent variable (i.e. defined pension accounting) has impact on the market price per share of quoted pharmaceutical firms in Nigeria.Based on the foregoing, his study recommends that organization, especially the quoted pharmaceutical firms in Nigeria, should ensure that they improve their benefit service cost in order to boost their market value per share.

CORPORATE GOVERNANCE AND MANAGEMENT EFFICIENCY OF DEPOSIT MONEY BANKS IN PORT HARCOURT

2023-09-11T12:36:56+00:00

The purpose of this research is to examine the corporate governance and management efficiency of deposit money banks in Port-Harcourt. The study specifically investigated the extent of relationship between accountability, transparency, responsibility and management efficiency of deposit money banks in Port Harcourt. The study adopted a cross-sectional survey type of the quasi-experimental method. The study formulated and tested three hypotheses using theSpearman Rank Correlation Coefficient and partial correlation for the moderating variable. The population comprised customers of 4 leading deposit money banks in Port Harcourt and 196 copies of questionnaire were distributed and 170 were useful for the analysis. The findings revealed that corporate governance has a strong positive association with management efficiency of banks in Port Harcourt. The study concluded that corporate governance has a positive impact on management efficiency. The study therefore recommended that banks should embrace corporate governance as a tool for enhancing management efficiency.

ATTRACTING GREEN FDI IN VIETNAM - CURRENT SITUATION AND SOLUTIONS

2023-09-12T13:19:21+00:00

Green growth is currently a prevailing trend in the global economic landscape. As a developing nation, Vietnam's goal of attracting Foreign Direct Investment (FDI) is focused on various sectors, including high technology, innovation, research and development, green economy, digital economy, circular economy, and clean energy. This trend, along with practical challenges that have arisen over the 35 years of FDI attraction in Vietnam, has been incorporated into numerous policies and national strategies related to green growth and climate change adaptation. This article analyzes the concept, necessity, and content of attracting green FDI, as well as the current situation of attracting both FDI and green FDI in Vietnam. It does so from two perspectives: (i) FDI projects in environmental products and services, and (ii) FDI projects utilizing clean energy or having low energy consumption. Based on this analysis, the authors propose several solutions to enhance the effectiveness of attracting green FDI in Vietnam.

Infrastructural Financing and Economic growth in Nigeria

2023-09-14T09:34:14+00:00

The study x-rayed the short and long-term impact of government infrastructural financing on Nigeria's economic growth. The study adopted time series data from central bank of Nigeria statistical bulletin from 1981 -2021. The variables of the study were Administration services (ADS), Economic Services (ECS), and Social& Community Services (S&CS), and Economic growth proxies as the gross domestic product(GDP). Ordinary least square(OLS) test, unit root test, co-integration test, error correction model, and granger causality test were all part of the study's methodology. All the variables used were stationary at 1(1) using ADF test which aided the co-integration test. The OLS test result and test (ECM) yielded almost the same result. The results of show evidence of interrelationship among the variables with gross domestic product in Nigeria but with the exception of S&CS. Furthermore, the speed at which gross domestic product disequilibrium is being corrected is 36.22%, while the granger causality test result fail to promote/ influence each other in output growth but surprisingly Administration services flow to Social Community services directly , acknowledging that increase in administration Services promote the activities of social and Community services. Hence recommended that Nigerian government should inject more funds in infrastructural projects especially in Economic services and Administration services since they are capable of propelling the economy carefully monitor all the projects especially the Social and Community Services projects to ensure that the services centre optimised the resources allocated to them efficiently. Ensure consistency in budget allocation, management and implementation.

SURVEY RESULTS OF THE FACTORS AFFECTTING ORGANIC FOOD PURCHASE INTENTION OF CONSUMERS

2023-09-28T06:00:29+00:00

The research examines factors that influence the organic food purchase intention of Vietnamese consumers. In accordance with theoretical behavioral models and organic food research, data was collected and analyzed via SMARTPLS. Inspecting results demonstrate that 4 factors have a positive influence on organic food purchase intention. Additionally, the research team evaluates the levels of influence of each factor through descriptive statistics of the factors’ average value. The evaluating results are the foundation to propose remedies that encourage the organic food purchase intention of Vietnamese consumers.

Electronic Payment System and Tax Payment in Nigeria

2023-09-28T09:08:28+00:00

This study investigates the factors affecting the adoption of electronic payment systems for tax payment in Rivers State, Nigeria. Given the increasing importance of digitization in financial transactions, understanding these factors can provide valuable insights for policymakers, taxpayers, and accounting professionals alike. The aim is to evaluate the role of four primary variables: ease of use, security concerns, government support, and taxpayer behavior in the successful implementation of electronic tax payment systems. The study employed a survey design and was conducted among 400 adults working in Rivers State using a snowballing sampling technique. Questionnaires were administered to gain insights into the perspectives of those who pay personal income taxes. Multiple regression analysis indicated that all four variables have a significant positive relationship with the adoption of electronic payment systems for tax. The adjusted R² value of 0.70 suggests that the model explains 70% of the variance in system adoption. From an accounting standpoint, the results imply that electronic tax payment systems can bring about substantial improvements in financial record-keeping, compliance, and cost efficiency. Particularly, the study findings corroborate several existing theories in financial behavior and technology acceptance. Based on these findings, the study recommends further investment in enhancing the system’s user interface and security features. Moreover, educational campaigns by the government and training for accounting professionals are essential for maximizing the system's utility.