Budget And The Performance Of Public Enterprises: A Study Of Selected Public Enterprises In Nasarawa State Nigeria (2009-2013)

Autor: Dalhatu, Musa Yusha'u, Shuaibu Sidi Safiyanu, Haliru Musa Hussaini
Jazyk: angličtina
Rok vydání: 2016
Předmět:
DOI: 10.5281/zenodo.1127197
Popis: This study examined budget and performance of public enterprises in Nasarawa State, Nigeria in a period of 2009-2013. The study utilized secondary sources of data obtained from four selected parastatals’ budget allocation and revenue generation for the period under review. The simple correlation coefficient was used to analyze the extent of the relationship between budget allocation and revenue generation of the parastatals. Findings revealed varying results. There was positive (0.21) and weak correlation between expenditure and revenue of Nasarawa Investment and Property Development Company (NIPDC). However, the study further revealed that there was strong and weak negative relationship in the revenue and expenditure of the following parastatals over the period under review. Viz: Nasarawa State Water Board, -0.27 (weak), Nasarawa State Broadcasting Service, -0.52 (Strong) and Nasarawa State College of Agriculture, -0.36 (weak). The study therefore, recommends that government should increase its investments in NIPDC to enhance efficiency and profitability. It also recommends that government should strengthen its fiscal responsibility, accountability and transparency in public parastatals.
{"references":["Chan J (2001) The Implication of GASB Statement No 34 for Public Budgeting. Public Budgeting and Finance, 21(3), 79-87.","Omolehinwa, A. (2005) Work out Management Accounting, C10 International, Lagos Nigeria P 538Edward, J (1994) Accounting for Banking Student and Charted Institute of Bankers P453.","Kenneth. E.O. (2012) Fiscal Accountability Dilemma in Nigerian Public Sector: A Warning Model for Economic Retrogression. Research Journal of finance and Accounting. Vol. 3, No.6.","Olurankinse, F. (2012). Due Process and Budget Implementer: An Evaluation of Nigerian Public Sector Auditing. Asian Journal of Finance and Accounting Vol. 4, No. 2.","Norcen, E, Gacrison R. and Folk J. (2003) Introduction to Managerial Accounting. metraw –Hill Higher Education. Pp276 -280.","Reeve, J. and Warren, C. (2008): Principles of Financial and Managerial Accounting Mc Graw-Hill Higher Education New York, USA Pp 276-280.","Pringshak, M. (2015) Rudiments of Public Enterprises Management in Nigeria. Jos: Ok Quality printing & Publishing.","Laleye, M. (2002) \"Public Enterprises\" in Ladipo, A. (ed) Public Administration in Africa: Main Issues and Selected Country Studies. Ibadan: Spectrum Books Ltd.","Tolubi, J.O. (1997) Government Text Book. Ilorin: Victory Publication.\n[10]\tOlaoye, F.O. and Ogunmakin, A.A. (2014). Budgetary Control and Performance in Public corporation in Osun State Journal of Humanities and Social Science, Vol. 19, Issue of, PP 59-69.\n[11]\tAbdullahi, A. M & Angus O.U. (2012) Budget in Nigerian Public Sector: Need for Balanced Scorecard Perspective. International Journal of Finance and Accounting, 1 (2): 1 – 6.\n[12]\tTrimisiu, T. S. (2013) The Impact of Budgeting and Budgetary control on the performance. Blue ocean Rescored Journal, Vol.2 No12. \n[13]\tAbogun, S. & Fagbeni, T. (2012) The Efficacy of Budgeting as a Control Measure in Developing Economics: A Study from Nigeria. Asian Social Science Journal, Vol.8, Issue I, p176.\n[14]\tEdward, J (1994) Accounting for Banking Student and Charted Institute of Bankers P453.\n[15]\tSecett, M (1993) mastering spreadsheet budget and forecasts, a practical guide www.guardiance.co.uk.\n[16]\tMbieli, P (2006) public poling Ometek publishers LTD Onishes, Nigeria P110.\n[17]\tAbdullahi, A and Angus, o. (2012) budget in Nigeria Public Sector. Need for balance Scorecard Perspective International Journal of Finance and Accounting, 1(2), P1-6."]}
Databáze: OpenAIRE
Externí odkaz: