ABSTRACT
This study was
necessitated by Effective Financial Reporting vacuum • existing among reporting
firms as well as high level of influence exerted by the management of
organization in the preparation of financial statements. Also, the need for
this study became inherent, given the fact that owners of companies are not
involved in the day to day running of the business, and to the need to explore
an effective measure to appraise the management of business firms on the
effectiveness and efficiency in the allocation of resources in their care
became more pronounced. Problems encountered include; inadequate disclosure of
financial information by the management of corporate firms. Inconsistency in
the accounting measurement systems adopted by management of corporate firms,
and lack of good corporate governance among others. In an attempt to focus this
study, two hypotheses were formulated and questionnaire was utilized for the
purpose of procuring relevant data to test the hypotheses formulated. There was
an extensive review of expert's opinion and contribution to compare and
contrast the research findings. Methodologically, the study covered 600
employees of PZ Industries, Aba. On the basis ofjudgemental sampling technique,
20% percent of the population which is 120 people formed the sample. The data
obtained were statistically analyzed using the simple percentage method and the
hypotheses were tested using the chi-square test of statistic at 0.05 level of
significance. On the basis of the analysis and tests, the following findings
were made;(i) Financial reporting serves as a measure for evaluating management
performance, (ii)Inadequate of financial information has significant impact on
management performance. The above findings have implication for users and
preparers of financial statement and upon which recommendations have been made
on how to improve financial reporting effectiveness. In addition, some
suggestions for furl her research have been incorporated In the study.
EZE, N (2021). Appraisal Of Financial Reporting As A Measure For Evaluating Management Performance (A Study Of Pz Industry Nigeria Plc, Aba, Abia State. Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-measure-for-evaluating-management-performance-a-study-of-pz-industry-nigeria-plc-aba-abia-state-7-2
NDUBUISI, EZE. "Appraisal Of Financial Reporting As A Measure For Evaluating Management Performance (A Study Of Pz Industry Nigeria Plc, Aba, Abia State" Mouau.afribary.org. Mouau.afribary.org, 29 Jun. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-measure-for-evaluating-management-performance-a-study-of-pz-industry-nigeria-plc-aba-abia-state-7-2. Accessed 26 Nov. 2024.
NDUBUISI, EZE. "Appraisal Of Financial Reporting As A Measure For Evaluating Management Performance (A Study Of Pz Industry Nigeria Plc, Aba, Abia State". Mouau.afribary.org, Mouau.afribary.org, 29 Jun. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-measure-for-evaluating-management-performance-a-study-of-pz-industry-nigeria-plc-aba-abia-state-7-2 >.
NDUBUISI, EZE. "Appraisal Of Financial Reporting As A Measure For Evaluating Management Performance (A Study Of Pz Industry Nigeria Plc, Aba, Abia State" Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-measure-for-evaluating-management-performance-a-study-of-pz-industry-nigeria-plc-aba-abia-state-7-2