Authors : Eginiwin Joseph Ese; Onovughe Abel

Volume/Issue : Volume 11 - 2026, Issue 3 - March

Google Scholar : https://tinyurl.com/3r43vyjt

Scribd : https://tinyurl.com/sazrasaj

DOI : https://doi.org/10.38124/ijisrt/26mar1063

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Abstract : This study looked at how human resource accounting affects the financial performance of deposit money banks in Nigeria, focusing on their return on equity. The researchers adopted an ex-post facto design and randomly picked ten deposit money banks listed on the Nigerian Exchange Group. Data were obtained from the banks’ audited annual reports, covering the years 2020 to 2024. The regression analysis was used to dig into the data using SPSS version 23. The results indicated that both money banks spent on employee training and on staff salaries had a clear, positive link to their returns on equity. In other words, investing in people actually boosted the banks’ financial performance. The study concludes that human resource accounting matters to the financial performance of deposit money banks, especially as it concerns returns on equity. The study suggests that banks should regularly invest in training their employees and be sure to reward hard work with fair pay.

Keywords : Human Resource Accounting, Employees’ Training Cost, Employees’ Remuneration Cost, Returns on Equity.

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