THE PUBLISHED CORPORATE ANNUAL REPORT AND ACCOUNT TO STAKEHOLDERS
CHAPTER ONE
Introduction
1.1 Background Information
Corporate organization such as limited companies distribute financial information to stakeholders both to shareholders and other financial parties having financial interest in business, by way of annual reports and accounts. This action in turn tends to produce pertinent information package with beneficial content to management, government and the general public.
Recipients of these annual reports and accounts are expected to assess the overall performance of the organization as well as gaining an insight in the health of the business after closely studying the information items contained in the corporate report; for ensuring reasonable information disclosure, statuary provision are contained in schedule of Companies Act 1968, prescribing the minimum disclosure requirement which every limited liability companies must comply with. This is aimed at making more information available to users, to enable them make better investment decisions.
However, what is the great concern is the failure of different steps aimed information disclosure. Therefore, in view of reaction on information disclosure shortcomings under the Companies Act of 1968, the companies and Allied matter Decree 1990, Section 334(2) enumerates various financial statement to publish by every company for all stakeholders, the extent to which stakeholders rely on them to make investment decisions and assess the company’s corporate performance.
1.2 Statement Of Problem
Section 211(2) Companies and Allied Matters Decree 1990 states that, directors shall, at least 21 days before the day on which the statutory meeting is held, forward to every members of the company the statutory report.
In the same vein, Section 15(1) of the Companies Act 1968 amongst other things, provides a company of every balance sheet of the company, with a copy of auditors report shall not be less than 21 days before the date of the company’s next meetings be forwarded to all persons, other than members or holders of debentures of the company, being persons on entitled.
However, in spite of compliance with this statutory requirements and provisions by companies, shareholders seem not to place much premiums on this provisions they tend to be mainly interested in the dividend declared, thereby loosing sight of other critical spheres, the earning capacity of the business in the same industry which will invariably spin management into better performance. This attitude of stakeholders suggest problems existence.
Therefore, the state question below has become relevant in defining the following problems:
- Is it the financial information so disclosed not relevance to their needs?
- Are the reports and accounts too concentrated in content and form to be comprehended by them?
- Are there other potential external variables that dominate their investment decision?
1.3 Objective Of Study
The major objectives of this study amongst other things is to make investigations into the usefulness to published annual report and accounts to stakeholders of companies by finding out the following:
- The type of study stakeholders make out of poor annual report and accounts before making initial investigation decision.
- After investigation, the use to which they put the annual report received in appraising the overall performance of the company.
- Shareholders’ perceptions of the adequacies of the annual report as a tool in their buy hold and sell of share decisions.
- Inadequacies of any, with current disclosure practices of corporate reporting in Nigeria.
- If there exist other determining variables different from information provided in the annual report which influence investment decisions.
1.4 Hypotheses Of Study
For the purpose of this research, the following null-hypotheses (H0) which shall be tested against their respective alternative hypothesis (H1) are formulated.
- The initial investment decisions of stakeholders do not depend on the information contained in annual report and accounts.
- The information contained in annual reports and accounts are not useful and will not aid a prudent investor in making judicious investment decisions.
- Other determining variables do not influence investment decisions of stakeholders.
- Publish Annual Report and Account of Companies will not reveal their financial strength and weaknesses.
- The motives for investing in shares of corporate organization are not only for dividend reasons.
1.5 Methodology
The research study shall employ the survey method of analysis. This shall involve the administration of questionnaire, and the interpretation and analysis of same to elicit the relationship between the information needs of users (stakeholders) and annual financial reports and accounts.
1.6 Scope And Limitations
The work is interest to ascertain the benefits of corporate reports and account to stakeholders in Nigeria but concentrating in stakeholders in Benin-City, holding diverse investment in various limited liability companies in Nigeria.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
The Published Corporate Annual Report and Account to Stakeholders can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Published Corporate Annual Report and Account to Stakeholders" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Published Corporate Annual Report and Account to Stakeholders" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “The Impact of Class Size, Teachers’ Experience on Business Education Students Academics Performance” be used as a guide for Education Project?
Yes it can be used — This study examined the impact of class size, teachers experience on business education students academic performance using simple random sampling technique. Questionnaires were administered to 200 business education students selected from five senior secondary schools in Lagos State. Combinations of parametric and non-parametric statistics were used for the test of the research questions and hypotheses. The study concludes that class size, teachers experiences are significant factors affecting students’ academic performance. Therefore, the study recommended that there is need for government to build more on teachers’ educational qualification and mastery of the subjects they are teaching, with teachers’ training programmes, teachers need to be equipped with the teaching strategies in order to effectively teach both small and larger classes. Moreso, teachers should …
Can the material for “Design and Construction of Automatic Hand Dryer with Temperature Display” be used as a guide for Electrical / Electronics Engineering (EE) Project?
Yes it can be used — This research work deals on the design and construction of automatic hand dryer with temperature display facility which is capable of drying a wet hand placed under its vent goes of automatically. It corporate a temperature sensing and displays unit which displays the temperature of the blown out air. This system is designed in top-down methodology using passive and active components sensors (LM35 & LDR) at the input to sense temperature and hands respectively. The control unit is made up of signal conditioning unit, voltage comparator and frequency generator, and decimal counting unit. The output interface comprises transistor, driver, actuator, Electromagnetic relay and a –digit seven segment Display. The sensor are installed at the front of the blower and this …
Can the material for “An Examination of the Problem and Prospects of the Administration of Ground Rent” be used as a guide for Estate Management (EM) Project?
Yes it can be used — The ground rent has of course become an established part of modern leasing practice, but is only as recently as the as the 1950’s that landoners were granted leases at a fixed rents by the government without review. Land is a free gift of nature and no action of man bought land into existence that is why it is very necessary for man to pay rent for the use of such property. Government encourages ground rent in order to invest the money into the development of the society as well as to checkmate the use of land. There importance of ground rent to the government can never be over emphasized. In order to achieve the set target. This project was divided …
Can the material for “An Appraisal of the Effectiveness of Macroeconomic Policies in Promoting Economic Growth in Nigeria” be used as a guide for Economics Project?
Yes it can be used — This research work tries to investigate the effectiveness of macroeconomic policy in promoting economic growth in Nigeria. Macroeconomic policies, which is defined as government actions designed to affect the performance of the economy as a whole. Data used in this research (GDP, government expenditure, money supply) was mainly secondary, specifically from the Central Bank of Nigeria (CBN). These data were analysed using econometric technique. After the data analysis, it was discovered that money supply has a positive relationship with the GDP while the government expenditure is universally related with GDP. Also, the monetary and fiscal policies were compared. At the end of the research, conclusions were drawn and reasonable recommendations were given. …
Is the topic “Impact of Health Promotion on Malaria Prevention During Early Pregnancy” recommended for Nursing (Science) Project?
Yes it is highly recommended — The study was carried out to examine the Impact of Health Promotion on Malaria Prevention during Early Pregnancy. In achieving this aim, the following specific objectives were laid out to identify the measures utilized by women of reproductive age in preventing malaria during pregnancy and assess the level of health promotion on malaria preventive measures among pregnant women attending antenatal clinic. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 100 (one hundred) respondents were selected for this study to represent the entire population of the study. For null hypotheses were formulated and tested using the one-way ANOVA and the t-test statistical tools at …
Can the material for “The Strategies for Avoidance of Distress in Nigeria Commercial Bank” be used as a guide for Business Administration and Management (BAM) Project?
Yes it can be used — This project gives a description of the practical knowledge and working experience acquired by me, during my staying in school, and some research made so far. In that case, I started this project with a brief description of the introduction/background, statement of problems, and objectives of the study and its significance etc. Furthermore, my special achievement is that I gained some practical experience that can help and forward work in any bank. The project covered for the 2 years duration of my course in Ordinary National Diploma (OND) in Business Administration and Management dealt more on the effect of distress in commercial banks which comprises of 1,2, and 3. …
Can this topic “The Microbial Safety of Commercial Poultry Feeds” be used for Microbiology Project?
Yes it can be utilized for research — This study assessed the microbial safety of commercial poultry feeds. Poultry feed may serve as a carrier for a wide variety of microorganisms. The primary mode of inoculation of feed materials is the transference of soil by wind, rain, mechanical agitation, or insects to standing crops. Some of the microorganisms are adapted to the desiccated and relatively nutrient-poor conditions in soil and survive in similar niches on growing crops. Gastrointestinal pathogens can also introduced into the food chain by animals defecating in the farm environment or by fertilization of crops with manures. Other microorganisms are introduced during storage. In general, the amount of available water in the feed matrix determines whether a microorganism will grow or survive. Some microorganisms, primarily moulds, …
Can the material for “Design and Implementation of Web Based Social Networking Website” be used as a guide for Computer Science (CS) Project?
Yes it can be used — This project was centered on social network website. It was observed that connecting socially helps improvement of department activities. The existing problems of the school forum site were identified after series of interviews and examination of documents after which analysis was made and a computerized procedure recommended. This project will also suggest how to successfully implement the computerized procedure and to overcome the obstacle that would hinder the successful implementation of the system. The new system was designed using php and mysql. This language was chosen because of its easy syntax and features for developing online based applications. …
Can the material for “An Assessment of the Perception of Local Farmers on Climate Change” be used as a guide for Geography Project?
Yes it can be used — The research work assesses the perception of local farmers on climate change. In achieving this aim, the specific objectives are set out to examine farmers' level of knowledge about climate change and possible actions taken, analyze farmers' sources of information about climate change, analyze farmers' perception about the effects of climate change in the study area, examine the coping strategies adopted by farmers, and examine government actions in alleviating the effects of climate change. Climate change is one of the greatest contemporary environmental challenges and is global in dimension. The rising incidences of extreme climatic events associated with climate change are giving the greatest of the concerns. Even for skeptics, events such as prolonged dry seasons, long rainfall durations and …
Can the material for “Microbial Profile of Suya Meat” be used as a guide for Microbiology Project?
Yes it can be used — Suya meat is produced by smoking the raw beet with the addition of some spices, salt, oil, groundnut cake and flavors, the meat is first sliced into smaller pieces and the spices are rubbed onto it, it is later oven dried or over local source of heart. This allows the meat to get dried properly with the right taste before is gold to the consumers. The study determines the Microbial Profile of Suya Meat. In achieving this aim, the following specific objectives were laid out to isolate, microbial species associated with suya meat and identify the microbial species associated with the suya meat. Ten (10) samples of suya meat in Enugu were collected randomly and analyzed microbiologically and the isolates …