EFFECT OF HUMAN RESOURCE ACCOUNTING ON CORPORATE PERFORMANCE OF NIGERIAN LISTED CONSUMER PRODUCTS FIRM (2013- 2018)
(1) Department of Accountancy, The Federal Polytechnic, Ado Ekiti, Ekiti State, Nigeria.
(2) Department of Accountancy, The Federal Polytechnic, Ado Ekiti, Ekiti State, Nigeria.
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Abstract
The study investigated the effect of human resource accounting on corporate performance in Nigeria. The study population consisted of the twenty-five (25) consumer products companies listed at the Nigerian Stock Exchange as at 31st December 2018 and from which a sample of eight (8) firms was purposively drawn as the sample size for the period between 2013 and 2018. The study used multiple regression to analyse the data and the result indicated that human resources accounting prioxied by salaries, wages and allowances, personnel expenses and other benefits and pension and gratuity had positive and significant effect on corporate performance measured by return on assets (ROA) and earning per share (EPS). The study recommended that the management of listed consumer firms in Nigeria should maintain or increase the salaries, wages and allowances, personnel expenses and other benefits of employees and also implement every government policies on pension and gratuity in order to motivate the workforce to put more effort on the business’ operations and by implication can result to high corporate performance. Â
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