This study analyzed the effect of corporate governance on audit quality of selected brewery firms in Nigeria for a period of ten years spanning 2011-2020. The study employed ex-post facto and longitudinal research design. The secondary sources of data were collected from annual reports of the selected brewery firms quoted in their Nigeria Exchange Group and four (4) specific objectives and hypotheses were subjected to some preliminary data tests such as descriptive statistic, and Pearson correlation analysis and were analyzed using binary logistic regression analysis. Audit quality was used as the dependent variable, while board financial expertise, board size, board independence, and board meeting were used as the independent variables. Utilizing data from a sample of 40 firm year observations, we found that the proportion of non-executive directors and board size has positive and significant effect on audit quality. Based on the findings from the study, we therefore recommend that board size should be increased to a maximum number of six members for improved audit quality and quick decision making in relation to audited financial report. Also, Nigeria breweries should ensure that their board is composed of independent persons, with high level of integrity that can match words with action to improve their audit quality.

The study investigates the effect of working capital management on economic growth and development, with emphasis from listed conglomerates firms in Nigeria. Four objectives were employed with coverage of a ten-year period spanning from 2011 to 2020. Secondary data were used in the study with total population based on five (5) conglomerate firms listed on Nigerian Stock Exchange. The tests of the four null hypotheses were carried out using spearman rank correlation analysis and also employed panel least square (POLS) regression analysis. The result of the analyses revealed the following: Cash conversion cycle (Random effect = -0.03 (0.002)) has a negative significant influence on firm profitability. Inventory period (Random effect = 0.02 (0.262) has a positive insignificant influence on firm profitability. Current ratio (Random effect = 15.55 (0.002) also has positive but significant influence on firm profitability. Quick ratio (Random effect = -12.45 (0.035) has a negative significant influence on firm profitability. The study concludes that cash conversion cycle and quick ratio tend to decrease firm profitability while we provide evidence that current ratio improves firm profitability. The study recommends, among others, that Management of these conglomerates companies should advocate for policies that will enhance swift conversion of inventory to cash to improve firm profitability for economic growth and development in Nigeria.

This study investigated the effect of intellectual capital on corporate performance of selected consumer goods manufacturing companies in Nigeria from (2010-2019). Two research questions and two hypotheses were formulated for the study. Ex-post facto research design was employed in the study. The population of the study included all manufacturing firms quoted on the Nigerian Stock Exchange (NSE) as at 30th June 2020 with a sample size of Sixteen (16) consumer goods manufacturing companies randomly selected from the population sector. The study relied on secondary sources of data which was obtained from Annual reports of sampled companies as provided by individual companies and Nigerian Exchange Group (NXG) website. The Fixed effect panel least square regression analysis was employed in validating the hypotheses. The study revealed a significant positive effect of human capital on returns on assets. The findings also revealed a significant effect of structural capital on returns on assets which was used to proxy corporate performance. Consequent on the findings, the study therefore recommends amongst others that business executives and the entire stakeholders should begin to realize and treat intellectual capital as a very important business resource as it is a direct influencer of the firms’ corporate performance.