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Management Accounting Practices and Financial Performance: Evidence from Listed Manufacturing Companies in Nigeria

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  • Akinleye Gideon Tayo

    (Department of Accounting, Ekiti State University, Ado Ekiti. Ekiti State, Nigeria.)

  • Jimoh Muhammed Adebayo

    (Department of Accounting, Ekiti State University, Ado Ekiti. Ekiti State, Nigeria.)

Abstract

This research examines the relationship between specific management accounting practices (MAPs) and financial performance in relation to some selected manufacturing companies in Nigeria. The MAPs under consideration are selling and distribution costs, personnel costs, and production costs. For this study, descriptive statistics of 10 listed manufacturing firms were computed from ten-year panel data (2014-2023) and were analyzed using regression techniques including pooled OLS, fixed effects, and random effects models. From the findings, selling and distribution costs’ impact on ROA is positive and significant, while the impact of production cost is positive but model dependent (β = 0.0973 to 0.2973, p

Suggested Citation

  • Akinleye Gideon Tayo & Jimoh Muhammed Adebayo, 2025. "Management Accounting Practices and Financial Performance: Evidence from Listed Manufacturing Companies in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(7), pages 1548-1557, July.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-7:p:1548-1557
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    References listed on IDEAS

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    1. Acquaah, Moses, 2013. "Management control systems, business strategy and performance: A comparative analysis of family and non-family businesses in a transition economy in sub-Saharan Africa," Journal of Family Business Strategy, Elsevier, vol. 4(2), pages 131-146.
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