Human Resource Accounting and Financial Performance of Banks in Nigeria. a Case Study of First Bank Plc

Student: Clement John (Project, 2025)
Department of Accounting
Kaduna State University, Kaduna, Kaduna State

Abstract

AbstractThis study examines the impact of human resource accounting on the financial performance of banks in Nigeria, with a specific focus on First Bank PLC. The research evaluates three key human resource variables—staff training cost, staff qualification, and human resource emoluments—and their influence on the financial performance metric, Return on Assets (ROA).Using secondary data collection methods, the study employs a regression analysis model to determine the relationship between human resource investments and financial outcomes. The findings reveal that effective investment in human resources significantly enhances financial performance, underscoring the importance of prioritizing human resource development in the banking sector. The study concludes that human resource accounting is a vital tool for strategic decision-making, contributing to improved organizational performance. Recommendations are provided for policymakers and banking institutions to adopt robust human resource accounting practices to achieve sustainable growth.

Keywords
human resource accounting financial performance banks nigeria
Filters
Institutions