Non-Financial Disclosures Influence on Financial Performance of Manufacturing Companies in Nigeria
Year: 2025
Type: article
Abstract: Non-Financial Disclosure influence on financial performance of oil and gas firms in Nigeria was empirically investigated. Ex Post Facto design was adopted and data for the study were obtained from the published annual financial reports and accounts of the entire oil and gas firms quoted on Nigerian Exchange Group (NGX). Two hypotheses were formulated in order to direct the flow of this study while the data was analyzed using OLS regression model using STATA V.15. The results of the study indicate that environmental accounting reporting and corporate social responsibility have significant and positive influence on financial performance of listed manufacturing firms in Nigeria at 1% and 5% significant level respectively. The target population comprised companies in the Consumer Sector listed on the Nigerian Exchange Group.Thus, the study concludes that environmental accounting reporting & social sustainability disclosure have positive influence on firms’ performance. In lieu of this, the study suggests that environmental reporting in corporate financial reporting should be made mandatory by the government and fine to be imposed for non-compliance. Also, tax credit should be given to organizations that comply with its environmental laws of the land which encourages environmental reporting.
Institution: Nnamdi Azikiwe University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4407601707