Research Article
Audit Competition and Audit Quality of Deposit Money Banks in Nigeria
Abiodun Oyebamiji Oladejo*
,
Peter Temitope Okedun
Issue:
Volume 14, Issue 2, June 2026
Pages:
17-30
Received:
16 March 2026
Accepted:
16 April 2026
Published:
28 April 2026
Abstract: The study investigated the impact of audit competition (AC) on audit quality (AQ) of quoted Nigerian Deposit Money Banks (NDMBs). A longitudinal research design was used alongside secondary data sources. Specifically, the study focused on the banking sector. The population consisted of 12 NDMBs listed on the Nigerian Exchange Group (NGX) as of December 31, 2023. A census sampling technique was used to accommodate all listed NDMBs. Data were obtained from audited annual reports, NGX, and Factbooks covering the period from 2011 to 2022, and were analysed using both descriptive and inferential statistics to ensure robustness of the estimates. The empirical findings indicate that AC proxies: market concentration (t = -8.81, Prob < 0.05) and client mobility (t = -12.44, Prob < 0.05) show a negative and statistically significant relationship with absolute discretionary accruals (ADA), which implies that increased AC is associated with reduced discretionary accruals and leads to improved AQ. Similarly, Big Four (t = -22.02, Prob < 0.05) and firm growth (t = -9.97, Prob < 0.05) reveal significant negative associations with ADA. The study concludes that AC has a negative and significant effect on AQ among NDMBs. The study suggests that increased competitive pressures within the audit market may compromise the quality of audit services, potentially due to fee competition and reduced audit effort. The study has implications for policymakers and institutional regulators in designing audit market structures that promote both competition and AQ.
Abstract: The study investigated the impact of audit competition (AC) on audit quality (AQ) of quoted Nigerian Deposit Money Banks (NDMBs). A longitudinal research design was used alongside secondary data sources. Specifically, the study focused on the banking sector. The population consisted of 12 NDMBs listed on the Nigerian Exchange Group (NGX) as of Dece...
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Research Article
Strategic Agility as a Driver of Firm Performance: A Critical Review of the Literature
Bancy Wawira Ireri*,
Godfrey Muigai Kinyua
Issue:
Volume 14, Issue 2, June 2026
Pages:
31-44
Received:
14 April 2026
Accepted:
27 April 2026
Published:
5 June 2026
DOI:
10.11648/j.sjbm.20261402.12
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Views:
Abstract: The increasing pace of technological advancements, market volatility, evolving customer demands, and intensifying competitive pressures has heightened the need for firms to strengthen their adaptive capacity in order to sustain superior performance. Strategic agility has emerged as a critical dynamic capability that enables firms to sense emerging opportunities, seize them rapidly, and reconfigure resources in response to environmental shifts. This study conducts a comprehensive review of conceptual, theoretical, and empirical literature to examine the influence of strategic agility on firm performance. Specifically, the study reviews existing literature on the concept of strategic agility and its related constructs, identifies emerging conceptual, theoretical, and empirical gaps, examines the literature on firm performance and its associated dimensions, and proposes an appropriate theoretical framework to address the identified gaps and guide future research. Drawing on the Dynamic Capabilities perspective and the Resource-Based View (RBV), the study conceptualizes strategic agility as comprising strategic sensitivity, resource fluidity, and leadership unity, which collectively enable firms to maintain strategic coherence under conditions of uncertainty. The proposed framework, which emphasizes the direct relationship between strategic agility and firm performance, offers both theoretical and methodological contributions to the strategic management literature. It also provides practical insights for managers seeking to leverage strategic agility to sustain performance in dynamic environments. Furthermore, the framework lays a foundation for future empirical research aimed at operationalizing these constructs and validating their interrelationships across diverse industry contexts.
Abstract: The increasing pace of technological advancements, market volatility, evolving customer demands, and intensifying competitive pressures has heightened the need for firms to strengthen their adaptive capacity in order to sustain superior performance. Strategic agility has emerged as a critical dynamic capability that enables firms to sense emerging ...
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