- The Complete Research Material is averagely 143 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: MTech, MSc or PhD.
- Full Access Fee: ₦30,000
Get the complete project »
CHAPTER ONE INTRODUCTION
1.1 Background to the Study
The sensitivity of Nigeria‟s petroleum industry is clearly reflected in its importance to the
Nigerian economy, because as a major foreign exchange earnerit contributes over 80% of
government revenues and also provides for the development of Nigeria‟s infrastructures and
other industries (Anya, 2002; Chukwu, 2002; Mathiason, 2006). According to the British
Petroleum (BP) Statistical Energy Surveyas cited in Mbendi (2014), Nigeria is a leading oil and
gas producer in Africa and is ranked as the tenth largest oil producer in the world with proved oil
reserves of about 37.2 billion barrels, and estimates in excess of 187.5 trillion standard cubic feet
of natural gas as at the end of 2011.
The foregoing underscores the vast investments potentials of the Nigerian petroleum
industry; hence, investment decisions is likely to be influenced by the value of firms in the
industry.Given that the maximization of firm value depends upon the financial health of the firm,
which involves the evaluation and selection of appropriate governance strategies and financial
structures that can influence the firm‟s value. Thus, the aim of firm executives is to maximize the
value of the firmand its stock (Namazi&Kirmani,2009).
Consideringthat the operations of firms associated with the Nigerian petroleum industry
are volatile and the characteristics of its assets and liabilities are opaque, leading to an
asymmetry of information, less transparency and a greater ability to obscure existing and
developing problems, good corporate governance is seen as a necessary instrument that will
complement effective supervision and allow managers and supervisors to better allocate scarce
12
resources to improve firm value in the industry. It is also believed that the implementation of
good corporate governance would protect the interests of stakeholders, build and maintain public
confidence and ultimately contribute to the integrity and stability of the industry as well as
improve the overall value of the firms.
Several studies (Fama & Jensen, 1983; Baysinger & Hoskisson, 1990; Bathala & Rao,
1995; Christensen, Kent & Stewart, 2010) view the predominant role of corporate governance as
concerned with the structure of rights and responsibilities among the parties with a stake in the
firm, and is reflected in accounting and finance literature as the
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR ACCOUNTING FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE IMPACT OF PUBLIC INVESTMENT IN ENVIRONMENTAL INFRASTRUCTURE ON NIGERIA’S ECONOMIC GROWTH
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study According to the World Bank Countries income groups, Nigeria has been classified as a lower middl...Continue Reading »Item Type & Format: Project Material - Ms Word | 137 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
2. IMPACT OF INVENTORY MANAGEMENT AND CONTROL SYSTEM IN THE PERFORMANCE OF A MANUFACTURING COMPANY IN NIGERIA (A study of Siba Water Company, Ikot Ekpen...
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study When scholars first introduced the word “inventory”, they use the word stocks that ar...Continue Reading »Item Type & Format: Project Material - Ms Word | 112 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
3. THE IMPACT OF NIGERIAN STOCK EXCHANGE IN THE GROWTH AND DEVELOPMENT OF NIGERIAN ECONOMY (A CASE STUDY OF STOCK EXCHANGE MARKET ONITSHA BRANCH)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study The capital market exists primarily to facilitate funds mobilization and allocation in an economy...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
4. CREDIT MANAGEMENT AND LIQUIDITY OF MANUFACTURING COMPANY
» CHAPTER ONE INTRODUCTION 1.1 Background to the study There is no doubt that credit management is central to the liquidity of firms; especially manufac...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
5. COMPANY INCOME TAX ADMINSTRATION IN NIGERIA (PROBLEM AND PROSPECTS)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY. Every country in the world tends to generate income through tax administration. In Nigeria the compa...Continue Reading »Item Type & Format: Project Material - Ms Word | 88 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
6. AUDITOR’S OPINION AND FINANCIAL REPORTING QUALITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
» ABSTRACT The study is centered on auditor’s opinion and financial reporting quality of listed deposit bank in Nigeria. It begins with the first ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
7. A CRITICAL APPRAISAL OF ENVIRONMENTAL ACCOUNTING PRACTICES AND REGULATIONS IN NIGERIA ECONOMY (A CASE STUDY OF NIGER MILL CALABAR)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The need for environmental accounting has become the concern and focus of nations and responsible...Continue Reading »Item Type & Format: Project Material - Ms Word | 83 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
8. THE RELEVANCE OF ACCOUNTING ETHICS IN ACCOUNTING EDUCATION
» Abstract This accounting research topic is to examines the relevance of accounting ethics in accounting education.The accounting profession is being t...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
9. EVALUATION OF INTERNALLY GENERATED REVENUE ON ECONOMIC GROWTH OF LAGOS STATE 2010-2014
» CHAPTER ONE INTRODUCTION 1.1 Background of the study Revenue generation in Nigeria local governments is principally derived from tax. Tax is a compuls...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
10. THE EFFECTS OF CREDIT MANAGEMENT ON LIQUIDITY POSITION OF A MANUFACTURING COMPANY (A CASE STUDY OF NIGERIAN BREWERIES PLC, ENUGU STATE)
» ABSTRACT This project is written in partial fulfillment of the requirement for the award of Higher National Diploma. Let me state that I was motivated...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT