Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria

Financial reporting quality (FRQ) is an important concept in organizations. Other than accounting standards, FRQ is said to be influenced by other organizational characteristics. However, the findings of prior studies on the direct effect of organizational characteristics on FRQ are inconclusive. Dr...

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Main Author:	Mustapha, Maruf
Format:	Thesis
Language:	eng eng
Published:	2019
Subjects:	HD2709-2930.7 Corporations HF5601-5689 Accounting
Online Access:	https://etd.uum.edu.my/7826/1/Depositpermission_s901487.pdf https://etd.uum.edu.my/7826/2/s901487_01.pdf
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id	my-uum-etd.7826
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ku Ismail, Ku Nor Izah Ahmad, Halimah@Nasibah
topic	HD2709-2930.7 Corporations HF5601-5689 Accounting
spellingShingle	HD2709-2930.7 Corporations HF5601-5689 Accounting Mustapha, Maruf Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
description	Financial reporting quality (FRQ) is an important concept in organizations. Other than accounting standards, FRQ is said to be influenced by other organizational characteristics. However, the findings of prior studies on the direct effect of organizational characteristics on FRQ are inconclusive. Drawing on the existing empirical evidence, this study examined the moderating effect of institutional factors, i.e., professionalism and political influence, on the relationship between organizational characteristics and FRQ. A total of 118 finance directors of local governments from the northwest states of Nigeria participated in the survey research. PLS-SEM was adopted to test the postulated hypotheses. The findings of the direct relationship between organizational characteristics and FRQ revealed that internal audit quality and staff competence significantly influenced FRQ while information technology and council size revealed no significant influence. Furthermore, professionalism was found insignificant in moderating the relationships between staff competence and FRQ, information technology and FRQ, and council size and FRQ. A significant moderating effect of professionalism was only found in the relationship between internal audit quality and FRQ. However, political influence was found to significantly moderate the relationship between internal audit quality and FRQ, staff competence and FRQ, and information technology and FRQ. Political influence did not moderate the relationship between council size and FRQ. Based on the results found, the management and regulators of local governments should focus on the effective performance of organizational characteristics including high consideration for professionalism in accounting practices to achieve optimal FRQ. Also, efforts should be made to push and maintain a positive political interest when decisions to improve the FRQ of local governments are made.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Mustapha, Maruf
author_facet	Mustapha, Maruf
author_sort	Mustapha, Maruf
title	Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
title_short	Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
title_full	Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
title_fullStr	Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
title_full_unstemmed	Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria
title_sort	organizational characteristics and institutional factors on financial reporting quality of local governments in nigeria
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2019
url	https://etd.uum.edu.my/7826/1/Depositpermission_s901487.pdf https://etd.uum.edu.my/7826/2/s901487_01.pdf
_version_	1747828271890825216
spelling	my-uum-etd.78262020-09-15T01:00:27Z Organizational characteristics and institutional factors on financial reporting quality of local governments in Nigeria 2019 Mustapha, Maruf Ku Ismail, Ku Nor Izah Ahmad, Halimah@Nasibah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Intan Safinaz School of Accountancy (TISSA) HD2709-2930.7 Corporations HF5601-5689 Accounting Financial reporting quality (FRQ) is an important concept in organizations. Other than accounting standards, FRQ is said to be influenced by other organizational characteristics. However, the findings of prior studies on the direct effect of organizational characteristics on FRQ are inconclusive. Drawing on the existing empirical evidence, this study examined the moderating effect of institutional factors, i.e., professionalism and political influence, on the relationship between organizational characteristics and FRQ. A total of 118 finance directors of local governments from the northwest states of Nigeria participated in the survey research. PLS-SEM was adopted to test the postulated hypotheses. The findings of the direct relationship between organizational characteristics and FRQ revealed that internal audit quality and staff competence significantly influenced FRQ while information technology and council size revealed no significant influence. Furthermore, professionalism was found insignificant in moderating the relationships between staff competence and FRQ, information technology and FRQ, and council size and FRQ. A significant moderating effect of professionalism was only found in the relationship between internal audit quality and FRQ. However, political influence was found to significantly moderate the relationship between internal audit quality and FRQ, staff competence and FRQ, and information technology and FRQ. Political influence did not moderate the relationship between council size and FRQ. Based on the results found, the management and regulators of local governments should focus on the effective performance of organizational characteristics including high consideration for professionalism in accounting practices to achieve optimal FRQ. Also, efforts should be made to push and maintain a positive political interest when decisions to improve the FRQ of local governments are made. 2019 Thesis https://etd.uum.edu.my/7826/ https://etd.uum.edu.my/7826/1/Depositpermission_s901487.pdf text eng staffonly https://etd.uum.edu.my/7826/2/s901487_01.pdf text eng public https://sierra.uum.edu.my/record=b1699012~S1 Ph.D. doctoral Universiti Utara Malaysia Aamir, S., Yasir, M., Shahzad, A., Ahmed, K., & Mehmood, N. (2014). Impact of unethical behavior on accounting practices. Journal of Basic and Applied Scientific Research, 4(May), 36–43. Abanyam, E. I., & Angahar, P. A. (2015). 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