Availability of Teaching Facilities in Business Education Departments in Colleges of Education North-West Nigeria

This research sets out to find the availability of teaching facilities in departments of business education in Colleges of Education North-West Nigeria. Business Education aims at skills acquisition to make graduates employable, self-employed and self-reliant or employer of labour. One research question and one null hypotheses tested at 0.05 level of significance guided the study.  The population for the study consisted of all business education lecturers and students in Colleges of Education North-West Nigeria.  The proportionate stratified and purposive sampling techniques were employed to selected sample size of 432 respondents, made up of 345 students and 87 lecturers of business education in 13 Colleges of Education North-West Nigeria.  A structured questionnaire was used as instrument for data collection, which was face validated by three experts.  Cronbach Alpha Reliability Coefficient of 0.86 was obtained for the study.  It was found that teaching facilities in departments of business education in Colleges of Education North-West Nigeria were available to an average level.  It was therefore recommended that management of Colleges of Education in North-West Nigeria should ensure that teaching facilities are very much available in departments of business education. Keywords: Availability, teaching facilities, Business Education, Colleges of Education

Employability Skills of Business Education Graduates of Colleges of Education in North-West Nigeria

The research is financed by TETFund Research Project (Nigeria) Abstract The aim of the research is to find out the extent to which graduates of Business Education acquired employability skills on graduation from Colleges of Education in North-West Nigeria. The mandate of Business Education aims at skills acquisition to make graduates employable, self-employed, and self-reliant or employer of labour. One research question and one null hypothesis guided the study. The population for the study consisted of all business education lecturers in Colleges of Education, registered Small and Medium Scale Enterprises and Ministry of Commerce and Industries staff in North West Nigeria. The proportionate stratified and purposive sampling techniques were employed to selected sample size of 302 respondents, made up of 87 lecturers, 220 Directors/managers of SMSEs and staff of Ministry of Commerce and Industries in North West Nigeria. A structured questionnaire was used as instrument for data collection, which was face validated by experts. Cronbach Alpha Reliability Coefficient of 0.86 was obtained for the study. The instrument was administered on personal contact with the help research assistants. The data collected were analyzed using mean in answering the research question while t-test analysis was employed in testing the null hypothesis at 0.05 level of significance. It was found that Business Education NCE graduates possess employability skills to a moderate extent from departments of business education, Colleges of           Education North West Nigeria. Business educators in Colleges of Education North-West Nigeria should adopt teaching pedagogical to inculcate employability skills in NCE students. Keywords: Employability skills, Business Education, Graduates, Colleges of Education

Influence of Market Value-To- Book Value (MV/BV) and Return on Equity (ROE) Ratios on Investment Decisions of Common Stockholders in Quoted Manufacturing Companies in North-West Nigeria

This research work aimed at determining the influence of Market Value-to-Book-Value (MV/BV) and Return on Equity (ROE) ratios on investment decisions of common stockholders in quoted manufacturing companies in North-West Nigeria. Two research questions and two null hypotheses were raised for the study. Descriptive survey design was adopted for the study.  The population for the study consisted of 230,898 respondents, made up of 230,638 common stockholders registered with 33 accredited stockbrokerage firms in North-West Nigeria and 260 accountants from 84 quoted manufacturing companies as at 31st December 2017. The proportionate stratified and purposive sampling techniques were employed to select a sample size of 465 respondents made up of 95 accountants in manufacturing companies and 370 common stockholders registered with accredited stockbrokerage firms in manufacturing companies in North-West Nigeria.  The data collected were analyzed using mean to answer the two research questions while t-test analysis was employed in testing the two null hypotheses at 0.05 level of significance.  The findings obtained include: market-to-book value ratio is used as a measure of deviations between book and market values of shares and stockholders do not extensively analyse this ratio and Return on Equity ratio is used by stockholders to compare dividend at the end of the financial year for consistency and with returns from other companies in the same industry to a moderate extent.  It was, therefore, recommended that Common stockholders should always analyse the firms’ Market Value-to-Book-Value (MV/BV) and Return on Equity ratios at the end of every financial year to understand it to a great extent as MV/BV enables them to know the market value of their shares, determine their stock’s performance, while ROE ratio reveals the earning power of a company on stockholders’ book value investment and how much returns the stockholders have been receiving for better investment decisions. Keywords: Market value to book value, return on equity, ratios, common stockholders, investment decisions DOI: 10.7176/RJFA/10-6-05 Publication date:March 31st 201