Sumerianz Journal of Economics and Finance

    
Online ISSN: 2617-6947
Print ISSN: 2617-7641

Archive

Volume 3 Issue 5 (2020)

Globalization and Economic Development in Nigeria

Authors : Idoko C. U. ; Silas Idoko Abu
Abstract:
The study investigated the link connecting globalization and economic development in Nigeria. The data used were extracted from the Central Bank of Nigeria (CBN) statistical bulletin and World Bank data base (2018). This study used both co- integration and OLS techniques for data analyses. The result shows that foreign direct investment (FDI) is an important component of globalization and also a crucial factor that impacts the economic development of Nigeria. Trade openness and financial openness showed an inverse relationship with Nigeria’s economic development. Even though the result of the co-integration revealed a long-run relationship between globalization and economic development, the overall findings of the study indicates that the Nigerian economy is yet to benefit from the globalization process. It also appears that the trading partners of Nigeria gains more going by the evidence that Nigeria’s trans-border trade is still epileptic and underdeveloped. The study recommends that, for Nigeria to profit from globalization, she need to integrate further into the globalized world by diversifying her exports base and products, and also providing a better and more conducive business environment to bring more external investments into the country.

Pages: 36-41

Auditors' Characteristics Audit Quality and Auditors' Job Satisfaction

Authors : Parisa Ghanee ; Arezoo Aghaei Chadegani
Abstract:
The aim of this study is to investigate the relationship between auditors’ characteristics such as independence, work experience and accountability with audit quality and also investigate the relationship between audit quality and auditors’ job satisfaction. This study applies survey method and for developing conceptual framework, library method and for collecting data, field method is used. This study utilized the questionnaires which are distributed among auditors in audit organization and other audit firms. For testing the research hypotheses, 149 questionnaires are collected and analyzed. The results show that there is not any significant relationship between auditor independence and audit quality. But, auditor work experience and accountability have effect on audit quality. Moreover, the results indicate that audit quality affects auditors’ job satisfaction.

Pages: 30-35