EFFECT OF FIRM CHARACTERISTICS ON SOCIAL AND ENVIRONMENTAL ACCOUNTING DISCLOSURE IN LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA

EFFECT OF FIRM CHARACTERISTICS ON SOCIAL AND ENVIRONMENTAL ACCOUNTING DISCLOSURE IN LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA

  • The Complete Research Material is averagely 131 pages long and it is in Ms Word Format, it has 1-5 Chapters.
  • Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
  • Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
  • Full Access Fee: ₦7,000

Get the complete project » Instant Download Active

Abstract

The need for corporate entities to disclose their social and environmental activities in their

annual reports is increasingly becoming a topical issue globally. This study examined the effect

of corporate characteristics on social and environmental disclosure of listed industrial goods

firms in Nigeria. Specifically, the study examined the extent to which social and environmental

accounting disclosure of the firms is influenced by firm size, firm leverage, firm profitability,

firm age, board size, board composition and managerial ownership. The population of the study

consisted of all the 25 firms that are listed on the Nigerian Stock Exchange (NSE), under

industrial goods sector of the economy. After applying two filters, eight (8) firms were studied

based on census approach. Data were collected from the annual reports and accounts of the firms

for the period 2004-2015. The study employed correlation research design and content analysis

approach was utilized to determine the social and environmental accounting information

disclosure in the annual reports. Both weighted and un-weighted disclosure indexes were used

for measuring quantity and quality of social and environmental accounting disclosure. The

results of the robust fixed effect models indicated positive and significant association between

firm age, board size and social and environmental accounting disclosure. In contrast, social and

environmental disclosure is negatively and significantly related to firm leverage, firm

profitability and board composition. The study found no significant association between firm

size, managerial ownership and social and environmental disclosure. Based on the findings, the

study recommended the need for Accounting Standard setting bodies and other regulatory

agencies to set up a framework for social and environmental reporting in order to improve the

level of social and environmental disclosure and transparency among listed firms in Nigeria.

xi


CHAPTER ONE INTRODUCTION

1.1       Background to the Study

The need for corporate organizations to disclose in their annual report the social and

environmental accounting information is increasingly becoming a topical issue globally. This

need is even more apparent in the developed nations, unlike in developing countries where less

attention is being given to social and environmental accounting issues. The emergence and

increasing interest in social and environmental accounting disclosure reflects the increasing


You either get what you want or your money back. T&C Apply







You can find more project topics easily, just search

Quick Project Topic Search