Effect Of Corporate Governance Characteristics On Sustainability Reporting:

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August 2022.pdf (857.24 KB)

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2022-08-10

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Department of Accounting, Faculty Of Administration, Nasarawa State University, Keffi

Abstract

This study investigated the effect of corporate governance characteristics on sustainability reporting with a focus on listed foods and beverage firms in Nigeria. The independent variables are board size, board composition, foreign directorship, and female directorship while the dependent variable is the sustainability reporting index. The study adopted the expost facto design. Panel data were sourced from 12 out of the 14 listed firms in the industry from 2009 to 2018. Data were collected from the annual report of the sampled firms through content analysis based on the Global reporting index (GRI) 2013 criteria. Four hypotheses formulated for the study were tested using multiple regression techniques. The findings revealed that board size, board composition and foreign directorship have positive and significant effect on sustainability reporting of listed foods and beverage firms in Nigeria. Also, female directorship had a positive but insignificant effect on sustainability reporting. The study recommended inter alia that management of listed foods and beverage firms should be retaining a good number of board sizes, board composition and foreign directors in order to enhance their sustainability reporting. It also recommended that the number of female directors on the board of listed foods and beverage firms should be reduced to boost sustainability reporting in Nigeria

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Corporate governance, sustainability reporting, food and beverage firms, board composition and board composition.

Citation

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https://keffi.nsuk.edu.ng/handle/20.500.14448/2181

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