Assessing the deterrents to quality financial reporting in corporate organizations
| dc.contributor.author | Eton, Marus | |
| dc.contributor.author | Mwosi, Fabian | |
| dc.contributor.author | Olupot, Simon Peter | |
| dc.contributor.author | Ogwel, Patrick Bernard | |
| dc.contributor.author | Aitaa, Sam Kilimvi | |
| dc.date.accessioned | 2026-02-09T11:22:49Z | |
| dc.date.available | 2026-02-09T11:22:49Z | |
| dc.date.issued | 2026-02-07 | |
| dc.description | This study advances Uganda’s National Development Plan IV by strengthening corporate governance, accountability, and transparency—critical elements for private sector growth, efficient resource allocation, and enhanced investor confidence. Furthermore, this research contributes to the Sustainable Development Goals, particularly SDG 8 (decent work and economic growth) and SDG 16 (strong institutions), by demonstrating how quality financial reporting, robust accounting standards, ICT integration, and effective board oversight promote organizational performance and institutional integrity. | |
| dc.description.abstract | Purpose: The study aims to assess the deterrents to quality financial reporting in corporate organizations and provide an acceptable solution to address the identified challenges. Methodology: The data were collected using self-administered questionnaires; the unit of analysis was corporate organizations based in Lira, Uganda, and the unit of inquiry was employees. The study assessed discriminant validity among the latent variables using the Heterotrait-Monotrait Ratio, and correlations among the latent variables were computed. To enhance validity and reliability, the study addressed common method bias. A structural equation model was also developed to assess its predictive value and the strength of relationships among the latent variables. Results: The study found that high-quality reporting is associated with good accounting standards. A positive change in financial reporting strategies improves the quality of financial reporting. It is also noted that the use of qualified staff and ICT would enhance the quality of financial reporting. Implications: Corporate organizations that apply sound accounting standards, integrate ICT, and empower boards to perform oversight roles in accordance with established policies will always grow faster. Originality: This study examined the often overlooked, yet significant aspects of quality financial reporting in most corporate organizations, whereas the existing literature focuses primarily on regulatory issues and compliance. The study focused on specificities and hindrances to accuracy and transparency in financial reporting. | |
| dc.identifier.citation | Eton, M., Mwosi, F., Olupot, S. P., Ogwel, P. B., & Aitaa, S. K. (2026). Assessing the deterrents to quality financial reporting in corporate organizations. Finance & Economics Review, 8(1), 1-15. | |
| dc.identifier.issn | 2690-4063 | |
| dc.identifier.uri | https://dir.muni.ac.ug/handle/20.500.12260/913 | |
| dc.language.iso | en | |
| dc.publisher | Research & Innovation Initiative | |
| dc.subject | Quality Financial Reporting | |
| dc.subject | Information Discloser | |
| dc.subject | Internal Control System | |
| dc.subject | Governance | |
| dc.subject | Information and Communication Technology | |
| dc.title | Assessing the deterrents to quality financial reporting in corporate organizations | |
| dc.type | Article |