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Title: THE INFLUENCE OF HUMAN RESOURCES ACCOUNTING ON THE PERFORMANCE
OF NIGERIA'S LISTED CONSUMER GOODS COMPANIES |
Authors: Taibat A. Atoyebi
, Allwell Itegbe and Tirimisiyu Kunle Lasisi
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Abstract: The effect of human resources accounting practices on the performance of Nigerian consumer goods
companies was investigated in this study. The study's population consists of thirty (30) publicly traded
consumer goods companies in Nigeria. Using the filter criterion, twenty-four (24) of the identified
consumer goods were sampled. Secondary data were compiled from selected firms' annual reports and
accounts for six (6) years' worth of financial periods, spanning from 2013 to 2018. Using the multiple
regression analysis method, the collected data was analysed. The study's findings revealed that the
number of employees working during the time and overall assets have a positive relationship with the
performance of Nigeria's publicly traded consumer goods companies. The study's findings revealed
that leverage and the firm's age are negatively related to the performance of listed consumer goods
firms in Nigeria. Furthermore, the study discovered that employee expansion and government (VAT)
have no substantial relationship with the performance of Nigeria's publicly traded consumer goods
firms. As a result, the study recommends that management of publicly traded consumer goods
companies should weigh the number of employees when hiring because the larger the workforce, the
higher the efficiency and profit potential of the company. Furthermore, management of publicly traded
consumer goods companies should focus on providing sufficient total assets, as this leads to the
generation of more economic gain to the company, resulting in increased profits. |
Keywords: Employee Expansion, Performance, Leverage, Age, Total Assets |
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