IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 8 NO. 4 2022
DOI: https://www.doi.org/10.56201/jafm.v8.no4.2022.pg80.132

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Effect of Human Resources Accounting on Performance of Listed Deposit Money Bank in Nigeria

Abraham, Elijah Ogwuche, Odobi, Ojochogwu David & Enwuchola, Rachael Ojochogwu

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Abstract

This study investigated the effect of human resource accounting on the performance of Deposit Money Banks listed on the Nigerian Stock Exchange. Specifically, the study examined the effect of staff remuneration, staff training and cost of health care with safety of staff on the performance of Deposit Money banks in Nigeria. The study adopted the ex -post facto research design. Data were sourced from annual published accounts of Deposit Money Banks listed on the Nigerian Stock Exchange for the period 2015-2019. Descriptive statistics and correlation were used in the analysis of data. Multiple regression analysis was further used to test the hypotheses at 5% level of significance. Findings from the investigation revealed that; staff remuneration with cost of health care and safety have no significant effects on market value using TQ while cost of staff training has a significant effect on market value of a listed deposit money bank using TQ. The study therefore recommended the need for staff remuneration to be improved so that banks staff can put in their best in other to achieve better performance.

keywords:

Human resource accounting, Performance of listed deposit money bank in Nigeria.

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