Determinants of sustainability reporting by environmentally sensitive firms in Nigeria

Determinants of sustainability reporting by environmentally sensitive firms in Nigeria

The effects of man’s actions and industrialization on the bio-system have not been pleasant. The effect of environmental challenges likes drought, desertification, erosion, gas flaring, and pollution is suffering by Nigerian now. Indirectly, it affects the social and political landscape of Nigeria....

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主要作者: Haladu, Alhassan
格式: Thesis
語言:eng
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出版: 2017
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HD28-70 Management
Industrial Management
在線閱讀:https://etd.uum.edu.my/7807/1/s95289_01.pdf
https://etd.uum.edu.my/7807/2/s95289_02.pdf
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id my-uum-etd.7807
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Salim, Basariah
topic HD28-70 Management
Industrial Management
spellingShingle HD28-70 Management
Industrial Management
Haladu, Alhassan
Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
description The effects of man’s actions and industrialization on the bio-system have not been pleasant. The effect of environmental challenges likes drought, desertification, erosion, gas flaring, and pollution is suffering by Nigerian now. Indirectly, it affects the social and political landscape of Nigeria. Hence, this research has been made to investigate the relationship between sustainability reporting and its determinants like environmental policy administrators, corporate financial performance, board independence and corporate foreign ownership concentration. The research primarily targeted the nature and trend of sustainability disclosure in compliance with the Global Reporting Initiative (GRI-4 or G4) which is internationally recognized for sustainability reporting standards and guidelines. Concentrating on environmentally sensitive companies in Nigeria, the research covered 67 firms over a 6-year period (2009-2014). Data were analyzed through content analysis, descriptive statistics, and robust random effect regression after embarking on proper data screening and diagnostic tests. The results showed an appreciably higher level of sustainability disclosure by environmentally sensitive firms. However, on matters of influence only board independence and duality showed significant relationships. Both of which have inverse relationship with sustainability information disclosure indicating that an independent board and division of the CEO’s duty does not encourage higher disclosure of sustainability information. The significance of these results is to enable the appropriate authorities to maintain the increasing trend in disclosure with the prospect of future improvements through mandatory disclosure. In addition, the research could serve as a basis for a major overhaul of the “Code of Corporate Governance - 2011”.
format Thesis
qualification_name other
qualification_level Doctorate
author Haladu, Alhassan
author_facet Haladu, Alhassan
author_sort Haladu, Alhassan
title Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
title_short Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
title_full Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
title_fullStr Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
title_full_unstemmed Determinants of sustainability reporting by environmentally sensitive firms in Nigeria
title_sort determinants of sustainability reporting by environmentally sensitive firms in nigeria
granting_institution Universiti Utara Malaysia
granting_department Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate 2017
url https://etd.uum.edu.my/7807/1/s95289_01.pdf
https://etd.uum.edu.my/7807/2/s95289_02.pdf
_version_ 1747828268300500992
spelling my-uum-etd.78072021-05-09T03:07:16Z Determinants of sustainability reporting by environmentally sensitive firms in Nigeria 2017 Haladu, Alhassan Salim, Basariah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Intan Safinaz School of Accountancy (TISSA) HD28-70 Management. Industrial Management The effects of man’s actions and industrialization on the bio-system have not been pleasant. The effect of environmental challenges likes drought, desertification, erosion, gas flaring, and pollution is suffering by Nigerian now. Indirectly, it affects the social and political landscape of Nigeria. Hence, this research has been made to investigate the relationship between sustainability reporting and its determinants like environmental policy administrators, corporate financial performance, board independence and corporate foreign ownership concentration. The research primarily targeted the nature and trend of sustainability disclosure in compliance with the Global Reporting Initiative (GRI-4 or G4) which is internationally recognized for sustainability reporting standards and guidelines. Concentrating on environmentally sensitive companies in Nigeria, the research covered 67 firms over a 6-year period (2009-2014). Data were analyzed through content analysis, descriptive statistics, and robust random effect regression after embarking on proper data screening and diagnostic tests. The results showed an appreciably higher level of sustainability disclosure by environmentally sensitive firms. However, on matters of influence only board independence and duality showed significant relationships. Both of which have inverse relationship with sustainability information disclosure indicating that an independent board and division of the CEO’s duty does not encourage higher disclosure of sustainability information. The significance of these results is to enable the appropriate authorities to maintain the increasing trend in disclosure with the prospect of future improvements through mandatory disclosure. In addition, the research could serve as a basis for a major overhaul of the “Code of Corporate Governance - 2011”. 2017 Thesis https://etd.uum.edu.my/7807/ https://etd.uum.edu.my/7807/1/s95289_01.pdf text eng public https://etd.uum.edu.my/7807/2/s95289_02.pdf text eng public https://sierra.uum.edu.my/record=b1698820~S1 other doctoral Universiti Utara Malaysia Abiodun, D. (2015, April 22nd). “Who buys a private jet for $10 million for goodness sake?” Alison-Madueke says she has not committed any crime. Retrieved from http://newswirengr.com/2015/04/22/who-buys-a-private-jet-for- 10million-for-goodness-sake-alision. Aboody, D., M. E. Barth, and R. Kasznik (2004). “Firms’ voluntary recognition of stock-based compensation expense.” Journal of Accounting Research, 42, 123-150. Acti-Ifurueze, M. A. 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