Authors :
Aremu, Olabode Paul; Olalere, Mayowa David; Alao, Esther Monisola; Ogunbiyi-Davies, Biodun Abiola
Volume/Issue :
Volume 8 - 2023, Issue 2 - February
Scribd :
https://bit.ly/3FgWf3N
DOI :
https://doi.org/10.5281/zenodo.7731009
Abstract :
The study examined the effect of human
resources accounting on the profitability of consumer
goods companies in Nigeria. Human resources
accounting was measured using employee benefit while
profitability was measured using return on equity and
net profit margin while age of the company as used as a
control variable. Secondary data was sourced from
financial statements of ten (10) consumer goods in
Nigeria listed on the Nigeria stock exchange. Unit root
was conducted and the study observed that the variables
have no unit root. Descriptive statistics and trend
analysis were conducted respectively. Hausman test was
conducted so as to ascertain the best estimation
technique and the result led to the use of fixed effect
estimation technique. From the analysis, it was observed
that employee benefit has insignificant positive effect on
return on equity and net profit margin. The study
therefore recommended that there should be a well
packaged employee benefits that would motivate
employees to put in their best towards enhancing the
profitability of their firms
Keywords :
Human Resource Accounting, profitability, employee benefit, Return on Equity, Net Profit Margin.
The study examined the effect of human
resources accounting on the profitability of consumer
goods companies in Nigeria. Human resources
accounting was measured using employee benefit while
profitability was measured using return on equity and
net profit margin while age of the company as used as a
control variable. Secondary data was sourced from
financial statements of ten (10) consumer goods in
Nigeria listed on the Nigeria stock exchange. Unit root
was conducted and the study observed that the variables
have no unit root. Descriptive statistics and trend
analysis were conducted respectively. Hausman test was
conducted so as to ascertain the best estimation
technique and the result led to the use of fixed effect
estimation technique. From the analysis, it was observed
that employee benefit has insignificant positive effect on
return on equity and net profit margin. The study
therefore recommended that there should be a well
packaged employee benefits that would motivate
employees to put in their best towards enhancing the
profitability of their firms
Keywords :
Human Resource Accounting, profitability, employee benefit, Return on Equity, Net Profit Margin.
