HUMAN ASSETS ACCOUNTING AND FINANCIAL PERFORMANCE OF LISTED COMMERCIAL BANKS IN NIGERIA

Authors

  • Goroke, Timidi, Ph.D
  • Maccarthy, Macclugard Ine-Tonbarapa Ph.D

Keywords:

Human assets accounting, Financial performance, Recruitment and hiring costs, Return on asset, Compensation cost and Firm size.

Abstract

The study examined human assets accounting and financial performance of listed commercial banks in Nigeria. The objectives of the study were; to evaluate the relationship between recruitment and hiring costs and return on asset in listed commercial banks in Nigeria.  And to investigate the relationship between compensation cost and return on asset in listed commercial banks in Nigeria. The study used the ex-post facto method of research design. The population and sample size of the study were a total of twelve (12) commercial banks listed as commercial banks on the NSE floor (NSE Fact book, 2020). Only secondary data collection was used in this study. The formulated research questions were analyzed with descriptive statistics. The hypotheses were tested using the lease square panel data regression analysis with the aid of E-view (10). The findings of the study were; that recruitment and hiring costs significantly influence return on assets of listed commercial banks in Nigeria. Also, that compensation cost significantly influence return on assets of listed commercial banks in Nigeria. And there is significant influence of firm size in the relationship between human asset accounting and financial performance of listed commercial banks in Nigeria. The study recommends that; Recruitment and hiring competent personnel are very essential in facilitating not only the level of productivity but also the development of personnel in any organization. The bank therefore, should take recruit and staff training seriously as it has positive impact on the banks performance. The ever increasing technological sophistication especially in this age of computer technology has really made it compulsory for organizations to meet changing situations. Training for capacity building is therefore recommended to sustaining economic growth and development because human capital is the greatest assets of any organization.

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Published

2023-04-23

How to Cite

Timidi, Ph.D, G., & Macclugard Ine-Tonbarapa Ph.D, M. . (2023). HUMAN ASSETS ACCOUNTING AND FINANCIAL PERFORMANCE OF LISTED COMMERCIAL BANKS IN NIGERIA. BW Academic Journal, 18. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/1226

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