Effects of Human Resource Cost Accounting Information on Corporate Sustainability Goals of Deposit Money Banks (DMBS) in Nigeria

Abstract

This study examined the effects of human resources cost accounting information and sustainability development goals of deposit money banks in Nigeria. The study adopted survey method as research design in which primary data with respect to questionnaires were designed to measure the dimensions of human resources cost accounting information and sustainability development goals. The population of the study was 35 licensed deposit money banks in Nigeria from which only 10 were readily accessible through purposeful sampling technique. 410 questionnaires were distributed through google form and the entire 410 were found usable. Responses were sought to three research questions, in relation to which three hypotheses were formulated and tested at 5% level of significance. The data collected were presented and analysed using frequency simple tables, means, standard deviation, Levenes test of homogeneity, analysis of variance and ordinary least square method of regression analysis were employed to present and analyze the data. The study revealed (R = 0.934) and (F= 131.432, p-value =0.000) that there was a positive relationship between human resources cost accounting information and sustainability development goals with reference to wages and salaries, pension cost, training and development cost with relation. It was concluded that of three dimensions of human resource cost accounting information all have significant influence on sustainability development goals. It was therefore recommended that deposit money banks and other financial institutions should ensure that wages and salaries be paid promptly, pension cost be paid as well as training and development cost be incurred to ensure organizations including deposit money banks in Nigeria achieve their sustainability development goals.

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