IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF FINANCE AND INVESTMENT RESEARCH (WJFIR )

E-ISSN 2550-7125
P-ISSN 2682-5902
VOL. 8 NO. 3 2024
DOI: 10.56201/wjfir.v8.no3.2024.pg75.90

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Behavioural Accounting and Profitability of Selected Deposit Money Banks Listed on the Nigeria Exchange Group

Etim Osim Etim, Usen Paul Umo, Raymond Ekwere Enang and Imo Nyang Okon

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Abstract

Indeed, in many fields, researchers have become aware that the behaviour of the decision- making agent influences the agent’s decision. A behavioural accounting problem existed with the human resource accounting management. Therefore, the inspiration of this study was to examine the behavioural accounting of banks represented by personnel cost and how it affects the performance of Deposit Money banks in Nigeria. The population of the study comprised of the fourteen (14) Commercial banks listed on the Nigerian Exchange Group as at the year 2023. Ex-post facto research design was adopted for the study. Regression and correlation analysis was used for the study. The result of the analysis can be summarized as follows; there was a positive relationship between behavioural accounting and financial performance of banks in Nigeria. There is a significant impact of behavioural accounting on the financial performance (return on assets) of banks in Nigeria. There is a significant impact of behavioural accounting on the financial performance (return on equity) of banks in Nigeria. Based on the findings of the study, the following recommendations were made; Researchers should invest more in behavioural research as an emerging issue in academics. Banks should priorities behavioural management as it’s a significant determinant of its financial performance.

keywords:

Behavioural Accounting, Return on Asset, Return on Equity

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