ABSTRACT
The study focused on the effects
of Human Resources Accounting information on shareholders' investment decision.
The objective of the study is to determine the relationship between human
resources accounting information and shareholders' investment decision of
selected banks in Nigeria. To achieve the objective of this study ex post facto
research design was adopted and cross sectional data was collected. That
researcher adopted secondary data in getting the required information.
Researcher made use of financial statement extracted from Jive selected banks
from 2009-2018, which is period of 10 years. In testing the hypothesis, Simple
regression analysis was used. The findings revealed that Human resources
accounting information has no significant effect on shareholders' investment
decision in Nigeria. The findings also revealed that Human resources accounting
information has no significant effect on the earnings per share of banks in
Nigeria. Equally the findings also show that Human resources accounting has no
significant effect on the ordinary share prices of banks in Nigeria. And
finally the findings revealed that human resources accounting has no significant
effect on the Net Worth of selected banks in Nigeria. The researcher recommends
that firms should follow a consistent approach in their investments in socially
responsible costs as it concerns the human resources cost. Since this category
of costs influence the decisions of their investors significantly. We suggest
that employees' related costs should also be pursued systematically and well
supervised as it is capable of explaining the variations that occur in the performance
of the banks as we observed in the analysis of hypothesis 2 on earnings per
share of the banks. The study further recommends that managers of banks in
Nigeria should carefully monitor their investments on human resources costs
considering two phased features as both expenses and investment. As expenses,
they should control it and ensure that funds mapped out are properly and
effectively channeled to appropriate recipients, accounted for and communicated
to all stake holders; but as investments, they should ensure it is done in such
a way as to grow the perception and consequent ratings of the firms in the
stock market hence human resources cost should not be viewed as ordinary
expenses.
ONYEMAECHI, J (2021). Effects Of Human Resources Accounting Information On Shareholders Investment Decision (A Case Study Of Selected Banks In Nigeria). Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-human-resources-accounting-information-on-shareholders-investment-decision-a-case-study-of-selected-banks-in-nigeria-7-2
JUSTICE, ONYEMAECHI. "Effects Of Human Resources Accounting Information On Shareholders Investment Decision (A Case Study Of Selected Banks In Nigeria)" Mouau.afribary.org. Mouau.afribary.org, 22 Jul. 2021, https://repository.mouau.edu.ng/work/view/effects-of-human-resources-accounting-information-on-shareholders-investment-decision-a-case-study-of-selected-banks-in-nigeria-7-2. Accessed 02 Nov. 2024.
JUSTICE, ONYEMAECHI. "Effects Of Human Resources Accounting Information On Shareholders Investment Decision (A Case Study Of Selected Banks In Nigeria)". Mouau.afribary.org, Mouau.afribary.org, 22 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-human-resources-accounting-information-on-shareholders-investment-decision-a-case-study-of-selected-banks-in-nigeria-7-2 >.
JUSTICE, ONYEMAECHI. "Effects Of Human Resources Accounting Information On Shareholders Investment Decision (A Case Study Of Selected Banks In Nigeria)" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/effects-of-human-resources-accounting-information-on-shareholders-investment-decision-a-case-study-of-selected-banks-in-nigeria-7-2