Dr. Mary Abosede Adeoye, an esteemed researcher from Ladoke Akintola University of Technology (LAUTECH), holds a PhD in Accounting and possesses over a decade of teaching experience. She is highly skilled in teaching and research within the fields of accounting, finance, taxation, management, digital education, and sustainable development. Dr. Adeoye has collaborated with numerous scholars on innovative research projects both within and outside Nigeria. She is a member of the Institute of Chartered Accountants of Nigeria (ICAN), the Open, Distance and eLearning Association of Nigeria (ODeLAN), and the Nigerian Institute of Management (NIM). Additionally, she serves as a reviewer for several international journals.
Research Contributions and Publications
Dr. Adeoye has presented and published journal articles that showcase her expertise through impactful studies, providing deep insights into financial markets, taxation, economic growth, corporate governance, and educational innovation in developing economies, particularly Nigeria. She has published over twenty journal articles at both international and institutional levels. She is deeply committed to imparting knowledge to the younger generation and actively participates in community and leadership roles. She embraces teamwork and collaboration, encouraging students from diverse disciplines and cultural backgrounds, thereby promoting best organizational practices.
Key Collaborative Efforts
Among her collaborative functions, Dr. Adeoye participated as a key facilitator in the Partnership for Enhanced Blended Learning West Africa (PEBL-WA) Phases 1 and 2, organized by the Association of Commonwealth Universities (ACU) in 2022. In 2025, she represented LAUTECH at the Regional Consultative Meeting on Developing a Commonwealth Credit Transfer Framework for Micro-credentials in the Digital Age, organized by the Commonwealth of Learning (CoL) and the National Open University of Nigeria (NOUN). This workshop included six Commonwealth West African countries: Nigeria, Ghana, Togo, The Gambia, Sierra Leone, and Cameroon.
Notable Research Findings
Bank Intermediation and Economic Growth (2018)
Her 2018 publication on the analysis of bank intermediation activities on economic growth in Nigeria, published in the Journal of Accounting and Financial Management, revealed that bank intermediation activities, specifically loans and advances, play a critical role in spurring innovation and channeling funds toward productive sectors, ultimately exerting a positive effect on the Gross Domestic Product (GDP).
Post-Financial Crises and Capital Market Development (2018)
The development of the capital market remains sensitive to global shifts, as evidenced by the massive loss of market value during the 2008 global financial crisis. This necessitated ongoing efforts by the Securities and Exchange Commission (SEC) to restore investor confidence through transparency. These findings were published in her paper titled “Impact of the Post Financial Crises Activities on Capital Market Development in Nigeria,” also in 2018.
Money Supply and Money Market Liquidity (2019)
Her 2019 publication in the International Journal of Research in Business, Economics and Management analyzed the effect of money supply on the liquidity of Nigeria’s money market. The paper revealed that money supply variables, such as broad money and inflation rates, significantly influence the liquidity of the Nigerian money market, suggesting that an increase in broad money supply positively impacts liquidity measures like outstanding treasury bills.
Open Educational Resources in Distance Learning (2020)
In 2020, her publication titled “Adoption of Open Educational Resource (OER) Materials by Faculty and Learners: A Framework to Increase Openness Adoption in Open and Distance Learning Programmes Innovation in Open and Distance Learning (ODL)” in London Journals Press showed that educational frameworks are evolving to meet the needs of a globalized world through digital resources and novel assessment methods. Open Educational Resources (OER), which include freely provided textbooks, videos, and software, are recognized for their potential to provide cost-effective access to high-quality content. However, a significant challenge remains in Nigeria, where OER is unknown to more than 60% of students and staff, and very few realize its importance.
Corporate Governance and Capital Structure (2022)
In 2022, her publication on corporate governance practices and capital structure decisions: a two-sector comparative analysis revealed that the structural characteristics of organizations are vital for achieving high performance and ensuring investor protection. In the industrial goods sector, board size and board gender diversity have been identified as positive and significant contributors to accounting-based measures of performance like Return on Assets (ROA). Moreover, board independence and the size of audit committees are crucial for market-based performance, as seasoned audit members help decrease financial mismanagement. The relationship between governance and capital structure is also sector-sensitive; for instance, board independence and gender diversity correlate positively with leverage in both consumer and industrial firms, but governance variables generally affect leverage more significantly in the consumer goods sector.
Value Added Tax and Economic Growth (2023)
However, the impact of Value Added Tax (VAT) policies remains complex. While intended to boost revenue and capital formation, recent studies indicate a negative and statistically insignificant relationship between VAT and economic growth, possibly due to tax evasion, increased burdens on productive sectors, or the diversion of proceeds into unproductive ventures. These were the findings from her 2023 publication titled “Effect of Value Added Tax Policies on Economic Growth in Nigeria,” published in the European Journal of Science, Innovation and Technology.
Human Resource Accounting and Employee Performance (2024)
In 2024, her publication on “Human Resource Accounting and Performance (Work Engagement) of Civil Servants in Lagos State, Nigeria,” published in the International Journal of Management Science and Business Analysis Research by Cambridge Research and Publications, found that beyond structural governance, Human Resource Accounting (HRA) highlights the importance of employees as fixed assets. Investments in acquisition, learning, and maintenance costs have been shown to stimulate employee engagement, which serves as a proxy for operational performance.
Cloud Accounting in Nigerian Banks (2025)
The adoption of cloud accounting in Nigerian deposit money banks has been shown to improve financial stability, risk management, and the timeliness of generating financial reports, thereby enhancing user confidence. Her 2025 publication on “The Impact of Cloud Accounting on the Financial Performance of Deposit Money Banks in Nigeria” revealed these findings.
Current Research and Recommendations
Her current research work, involving collaborators from Botswana, South Africa, and the United Kingdom, focuses on “The Intersection of FinTech and Green Finance: Adoption Models for AI-Powered Financial Applications” as well as “Skills, Education and Labour Market Effects for Sustainability Accountants and Assurance Providers.”
Dr. Adeoye recommends that sustainable development in Nigeria requires an integrated approach that enhances the regulatory environment for businesses, promotes technological integration across all sectors of the economy, and fosters awareness of digital educational resources. By aligning corporate governance structures with sector-specific needs and investing in human capital through robust accounting practices, the nation can better navigate economic volatility and drive long-term growth.
