Table of Contents

The Effectiveness of Financial Regulations on Shareholders’ Value on

Nigerian Stock Market: A Case Study of Listed Agricultural Related

Companies

Tony Ikechukwu Nwanji, Kerry E. Howell, Dominic Z. Agba, Sunday O.

Adewara, Adegbola Olubukola Otekunrin, Adedoyin Isola Lawal & Tobi

E. Oladiran                                                                                                      1-30

Effects of Entrepreneurial Management on Business Survival in Nigeria

(A Case Study of Shop Rite Enterprise, along Alagbaka at Akure in Ondo

State, Nigeria).

Akinseye Ezekiel Morakinyo& Ajanaku Emmanuel Ademola                                     31-53

The Role of Entrepreneurship Education in Diversifying the Nigeria’s

Economy

Orngudwem, Terfa Iyorshe Kper, Bartholomew Torkuma and Tombowua,

Paul Terlumun                                                                                                 54-63

Stake Holders’ Disposition towards Inclusion of Entrepreneurship

Studies into Primary School Curriculum in Minna, Chanchaga

Local Government Area of Niger State

Ndace Silas                                                                                                      64-118

THE ROLE OF ENTREPRENEURSHIP EDUCATION IN DIVERSIFYING THE NIGERIA’S ECONOMY

Orngudwem, Terfa Iyorshe¹ Kper, Bartholomew Torkuma² and Tombowua, Paul Terlumun³

¹Basic Science Department, Akperan Orshi College of Agriculture, Yandev-Benue State

²ICT Directorate, Akperan Orshi College of Agriculture, Yandev P.M.B. 181, Gboko-Benue State

³Agricultural Engineering Technology Department, Akperan Orshi College of Agriculture, Yandev-Benue State.

Email: agriculture4truelife@gmail.com, tombowuapaul@gmail.com

ABSTRACT

Despite Nigeria’s abundant natural resources, demographic figures according to recent reports rank the country as very poor because of underdeveloped human and economic resources. Nigeria’s economy is mono – cultural, depending on oil, with majority of her citizens living in abject poverty, as a result of unemployment. The paper therefore focuses on the role of entrepreneurship education in diversifying Nigeria’s economy. The Nigerian government must encourage the diversification of her economy which is largely depended on oil, which is subject to such consequences as volatility of price, depletion and unfavorable quota system. Entrepreneurship education is suggested as an imperative for diversifying the Nigerian economy. The paper recommends among others, that, entrepreneurship education should be incorporated in the curricula of secondary schools as it is done in higher institutions to encourage the youths to be job creators instead of job seekers. This, the government can achieve through well articulated polices that will stabilize the value of the naira to the dollar so as to provide an entrepreneurial skills that can bring about long-lasting economic diversification measure.

Keywords: Diversification, Economy, Entrepreneurship, Education

THE ROLE OF ENTREPRENEURSHIP EDUCATION IN DIVERSIFYING THE NIGERIA’S ECONOMY

Ndace Silas

Entrepreneurship Education,

University of Ibadan,

E-mail:silwanciko@gmail.com

                                                                    ABSTRACT

Entrepreneurship education has become very relevant in the light of the present challenge of unemployment and restiveness among the youths in Nigeria. Research into stakeholders’ position with regard to stage and how models are introduced into school curriculum will have some implications for entrepreneurship education. This study was aimed at investigating stakeholders’ disposition towards inclusion of entrepreneurship studies into primary school curriculum in Minna, Chanchaga Local Government Area of Niger State. The study adopted a descriptive cross-sectional survey research design, which allowed the collection of primary quantitative data through pretested semi-structured questionnaire. Stratified random sampling and simple random sampling techniques were used to select 403 stakeholders, which included teachers (117), parents (224), policy makers (12) and entrepreneurs (50). Data were collected using a pretested interviewer administered questionnaire. The study instrument has five sections including the socio-demographic, knowledge and disposition to entrepreneurship education Knowledge was assessed using a 22-points knowledge scale and disposition was also assessed with a 19-point scale. Categorisation of knowledge score as 0-9point as poor, ˃9-15points as fair and ˃15points as good while disposition scores were categorised into 0-5points as poor, ˃5-8points as fair and ˃8points as good. The data were analysed using both descriptive and inferential statistics, including Chi-square test at 0.05 level of significance. Respondents (21.3%) were parents, (43.1%) teachers, (12.2%) policy makers and (23.4%) were entrepreneurs. Respondents (62.4%) and 17.3% had fair and good knowledge of entrepreneurship education, respectively. Few (35.5%) and 50.8% respondents had fair and good disposition towards inclusion of entrepreneurial curricular, respectively. Majority (97.5%) indicated their support for the inclusion of entrepreneurship skill into primary school curriculum and (99.0%) respondents were in support of child’s early exposure to entrepreneurship study. Respondents (86.6%) perceived themselves as the most influential figures in the children‘s career development and decisions and 84.3% indicated also that they were willing to influence their wards towards choosing entrepreneurship studies with education. About one third (33.0%) indicated that socio-economic factors and educational background influenced their disposition towards the disposition to include entrepreneurship education. The study also confirmed that the current economic recession/hardship could be motivating factors towards the inclusion as (39.1%) of respondents were in support. There was no significant difference between stakeholders’ age and disposition towards inclusion and also between stakeholders’ income and disposition towards inclusion of entrepreneurship studies into primary school curriculum. Majority of the stakeholders were quite knowledgeable and had good disposition towards inclusion of entrepreneurship studies into primary school curriculum. It is therefore recommended that government should embark on creation of awareness and mobilisation on entrepreneurship education. Interest of the child should be considered as the first precondition for encouraging him/her to choose a career in the entrepreneurship education. Policy makers in education sector should consider the inclusion of entrepreneurship studies into the primary school curriculum.

Keywords:  Entrepreneurship Education; Stakeholders’ disposition; Primary school education

EFFECTS OF ENTREPRENEURIAL MANAGEMENT ON BUSINESS SURVIVAL IN NIGERIA (A CASE STUDY OF SHOP RITE ENTERPRISE, ALONG ALAGBAKA AT AKURE IN ONDO STATE, NIGERIA).

Akinseye Ezekiel Morakinyo& Ajanaku Emmanuel Ademola

Department of Business Administration, Kings University, Ode-Omu, Osun State

Department of Accounting, Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State

Email:akinseye.e@yahoo.com, ajibest2001@yahoo.com

ABSTRACT

The study examines the Effect of Entrepreneurial Management on Business survival in Nigeria. The research questions that guided the study were: What are the characteristics of an entrepreneur management? What is the relationship between entrepreneurship management characteristics and business survival? What are the challenges militating against entrepreneurs in the performance of their business? A survey method was used for this study. The population of the entire business entrepreneur in Shop Rite,  Alagbaka, Akure, Ondo State. Out of many people 50 persons were selected as the sample size. A questionnaire developed in five Likert scale was used to obtain data. Mean scores was used to analyze the data obtained from the field. The result of the analysis indicates that entrepreneurial characteristics in an entrepreneur facilitate effective management and creativity required to survive in the competitive business world today. The characteristics of an entrepreneur are basically risk taking, creativity, goal oriented and need for achievement, strong leadership quality and forecasting in to the future enhances the performance of an entrepreneur. In spite of this, entrepreneurship in Akure, Ondo State is constraint with problems arising from inability to access loan, poor infrastructural facilities as well as in conducive environment sequel to political crisis,

Keywords: Effects, Entrepreneurial Characteristics, Business Survival, Shop Rite Enterprise.

THE EFFECTIVENESS OF FINANCIAL REGULATIONS ON SHAREHOLDERS’ VALUE ON NIGERIAN STOCK MARKET: A CASE STUDY OF LISTED AGRICULTURAL RELATED COMPANIES

¹Tony Ikechukwu Nwanji, ²Kerry E. Howell, ³Dominic Z. Agba, ⁴Sunday O. Adewara, ⁵Adegbola Olubukola Otekunrin, ⁶Adedoyin Isola Lawal & ⁷Tobi E. Oladiran

  ^1,5,6,7Department of Accounting and Finance Landmark University, Nigeria

²Professor of Leadership and Governance and Director of Research

Plymouth Business School Plymouth University, United Kingdom

^3,4Department of Economics, Landmark University, Nigeria

Email: nwanji.tony@lmu.edu.ng /nkosa21@aol.com, kerry.e.howell@plymouth.ac.uk, agba.dominic@lmu.edu.ng, adewarna.Sunday@lmu.edu.ng, otekunrin.adedoyin@lmu.edu.ng, lawal.adedoyin@lmu.rdu.ng, oladiran.tobi@lmu.edu.ng

ABSTRACT

This study examined the effectiveness of financial regulations on shareholders’ value in the Nigeria Stock Market. Data was gathered from secondary sources. The secondary data source the annual reports of 10 Agricultural Related Companies. The results of the analysis show that there is a significant relationship between financial regulations and shareholders’ value. The secondary data were analysed through regression method using ordinary least square and Cochrane-Orcutt Autoregressive method to examine the effectiveness of financial regulations on shareholders’ value. The result shows that there is a relationship between financial regulations and shareholders’ value, but it is statistically insignificant. Also, the regression result shows that there is a correlation between financial reporting and shareholders’ value. The research recommends that Regulatory Agencies should ensure that financial regulations are targeted toward all the variables which affect the shareholders’ value.

Keywords:  Financial Regulation, Shareholder Value, Corporate Governance, Shareholder Theory, Stakeholder Theory, Stock Market, Agricultural Stocks.